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    Property profile & analytics

    251 Miracle Strip SE Pkwy Fort Walton Beach, FL 32548-5853

    • Community centers
    • 39,921 SF
    • 7.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 08, 2021
    Location Intelligence
    Property ID
    US18-4583187
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Publix Pharmacy at Shoppes at Paradise Pointe / Pharmacy / Medical Center
    • higi / Health Consultant
    • Publix Super Market at Shoppes at Paradise Pointe / Grocery Store / Seafood Market
    • Amerigas Propane Exchange / Propane Supplier
    • Primo Water Exchange / Bottled Water Supplier

    Property Details for 251 Miracle Strip SE Pkwy

    Year built
    1987
    Construction
    STEEL FRAME
    Lot size
    7.03 lot acres
    Property size
    39,921 SF
    Property type
    Community centers
    APN
    24-2S-24-0000-0125-0000
    APU
    242S24000001250000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.603
    Latitude
    30.4042
    CBSA code
    18880
    CBSA name
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $79,689
    $2,037,873
    $3,677,542
    $5,715,415
    -
    $2,037,873
    $3,677,542
    $5,715,415

    Comparable in this City

    • Value Estimation by Request
      4,855 SF

      48 Beal Pkwy

      Lifestyle centers • 4,855 SF
      48 Beal Pkwy, Fort Walton Beach, FL 32548
      View Details
    • Value Estimation by Request
      32,780 SF

      411 Mary Esther Cut Off NW

      MINI-MALL • 32,780 SF
      411 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-9000
      View Details
    • Value Estimation by Request
      11,908 SF

      98 Eglin NE Pkwy

      SHOPPING CENTER, STRIP CENTER • 11,908 SF
      98 Eglin NE Pkwy, Fort Walton Beach, FL 32548-4904
      View Details
    • Value Estimation by Request
      14,465 SF

      505 Mary Esther Cut Off NW

      WHOLESALE OUTLET, DISCOUNT STORE • 14,465 SF
      505 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4024
      View Details
    • Value Estimation
      $585,000
      18,348 SF

      435 Mary Esther Cut Off NW

      WHOLESALE OUTLET, DISCOUNT STORE • 18,348 SF
      435 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4019
      View Details
    • Value Estimation
      $335,000
      6,851 SF

      410 Mary Esther Cut Off NW

      WHOLESALE OUTLET, DISCOUNT STORE • 6,851 SF
      410 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4020
      View Details

    Similar Nearby for Sale

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      Prime Fort Walton Beach Location

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      High-traffic location, versatile space, great investment.
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    Similar Nearby for Lease

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      Uptown Station Retail Space

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    • $14 SF/Yr
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      Fort Walton Beach prime retail space available.
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    • $875 /Mo

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      Retail space in a high-traffic Fort Walton Beach location.
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    • $17 SF/Yr
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      Uptown Station Retail & Office Space

      8,210 SF prime space in thriving Fort Walton Beach.
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    • $12 SF/Yr
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      Uptown Station Retail/Office Space

      Fort Walton Beach prime retail & office suites.
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    • $14 SF/Yr
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      Uptown Station Retail Space - Suite 5A

      Prime Fort Walton Beach retail/office space.
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    Property Visit Statistics

    • Visits by month
      62.6k
    • Visitors by month
      31.3k
    • Avg Time on site
      19 min
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    Fort Walton Beach, FL 32548-5853
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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