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Financial
Distress signals
Property profile

251 Mary Esther Blvd Mary Esther, FL 32569

OFF-MARKET
Retail space
Property ID
US18-6024453
8,740 SF 0.71 ac lot Built 1984
Last sale Sep 2023 · $1,839,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Market Place of Santa Rosa presents a prime retail investment opportunity in the thriving Mary Esther, Florida market. This single-story, 87,250 square foot shopping center, built in 1983, is situated on a one-acre lot at 251 Mary Esther Boulevard, directly across from the Santa Rosa Mall. The property boasts a highly visible location on a major thoroughfare, Mary Esther Boulevard, a key corridor in Fort Walton Beach, ensuring excellent exposure to a large volume of traffic. The center…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$895k
Assessed land$495k
Assessed improvement$399k
Effective rate1.44%

Value estimate

· Oct 2026
$450k
$405k – $495k
CAP approach$1.94M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$192/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$84 – $294
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOKALOOSA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.5
HVAC Service16.5
Parking Facility15.6

Location

251 Mary Esther Blvd Mary Esther, FL 32569-1678
County assessor Recorded deeds · 8 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
415 Page Bacon, Mary Esther, FL 32569-1633 $925,000 Sep 2024 10,440 SF
1350 Hwy 98, Mary Esther, FL 32569-1543 $450,000 Apr 2021 4,332 SF
330 Mary Esther, Mary Esther, FL 32569-1694 $1,500,000 Mar 2021 5,257 SF
431 Bryn Athyn, Mary Esther, FL 32569-1749 $280,000 Jan 2020 4,118 SF
2371 Hwy 98, Mary Esther, FL 32569-1449 $2,231,000 Dec 2018 8,380 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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