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Fort Walton Beach, FL Retail Properties & Spaces for Sale

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Fort Walton Beach Retail Opportunity
Updated: Mar 13
Fort Walton Beach Retail Opportunity

150 SE Hollywood Boulevard, Fort Walton Beach, FL 32548

$1,950,000
7,500 sqft 0.34 AC lot
Prime downtown Fort Walton Beach location at the corner of Hollywood Blvd SE and Chestnut Ave.
Owner financing available.
Existing development order and plans for a sports bar.
Recently updated with new paint and flooring; property in excellent condition.
Equipped with new A/C, sprinkler system, grease traps, cooler/freezers, and floor drains.
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Fort Walton Beach Legacy Property
Updated: Jan 16
Fort Walton Beach Legacy Property

20 NE Hollywood Boulevard, Fort Walton Beach, FL 32548

$2,800,000
13,513 sqft 2.76 AC lot
Large 2.76‑acre property with 429 feet of frontage on Hollywood Blvd.
Zoned MX‑2 (Mixed‑Use High) offering redevelopment potential.
Four buildings totaling 13,513 sq ft with auto service bays, storefront/shop space, warehouse/storage, lobby, and office areas.
Strategic location less than one mile from U.S. Highway 98 and approximately one‑third of a mile from Eglin Parkway.
Includes a large privacy‑fenced laydown yard of approximately .41 acres for outside storage or parking.
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NNN Leased Investment Property
NNN Leased Investment Property

123 Hollywood Blvd NE, Fort Walton Beach, FL 32548

$2,676,797
0.58 AC lot

NNN leased investment property with a strong tenant and location.

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Freestanding Retail Showroom Building
Freestanding Retail Showroom Building

507 NW Mary Esther Cut Off, Fort Walton Beach, FL 32548

$1,250,000
3,760 sqft

Turnkey, fully renovated freestanding building on a heavily traveled corridor, suited for retail, showroom, or service use.

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CVS Pharmacy Drug Store
CVS Pharmacy Drug Store

434 Racetrack Rd NE, Fort Walton Beach, FL 32547

$5,687,000
13,949 sqft

Single-tenant CVS pharmacy property combining prescription services and everyday convenience retail along a high-traffic thoroughfare.

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Eglin Parkway Retail Opportunity
Eglin Parkway Retail Opportunity

710 EGLIN PKWY NE, Fort Walton Beach, FL 32547

Contact for pricing
67,945 sqft

Retail spaces for lease in Fort Walton Beach, starting at 1,800 SF.

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Service Shop on Half Acre
Service Shop on Half Acre

805 Playground Road, Fort Walton Beach, FL 32547

$425,000
2,700 sqft 0.48 AC lot

Half acre parcel with shop and house near school.

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Divisible Retail/Office Space in Plaza
Divisible Retail/Office Space in Plaza

109 Racetrack Rd NE, Fort Walton Beach, FL 32547

Contact for pricing
62,504 sqft 1.44 AC lot

10,265 SF space ideal for retail or office use.

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High-Traffic Commercial Space Available
High-Traffic Commercial Space Available

220 Eglin Parkway NE, Fort Walton Beach, FL 32547

Contact for pricing
8,450 sqft

Prime commercial property with high visibility and ample parking.

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Service Shop on Half Acre
Service Shop on Half Acre

805 Playground Rd, Fort Walton Beach, FL

$425,000
0.50 AC lot

Half acre parcel with shop and house near school.

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Established Laundromat Business Opportunity
Established Laundromat Business Opportunity

49 Beal Pkwy NE, Fort Walton Beach, FL 32548

$399,900
4,855 sqft

Turnkey laundromat business with high visibility in prime location.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Fort Walton Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Profitable C-Store & Restaurant Investment
Profitable C-Store & Restaurant Investment

180 Mary Esther Blvd, Mary Esther, FL 32569

$3,000,000
5,196 sqft

Fully operational C-Store and restaurant with long-term tenants.

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Retail Building with Highway Frontage
Retail Building with Highway Frontage

757 E Miracle Strip Parkway A A, Mary Esther, FL 32569

$4,995,000
4,000 sqft 5.03 AC lot

A 4,000 SF retail building on a 5.03-acre parcel with direct Highway 98 exposure and strong daily traffic flow.

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Starbucks NNN Lease Investment Opportunity
Starbucks NNN Lease Investment Opportunity

100 S Mattie M Kelly Blvd, Destin, FL

$3,281,553
2,500 sqft 1.77 AC lot

New 10-year corporate Starbucks lease in Destin, Florida.

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Harbor Village Mixed-Use Building
Harbor Village Mixed-Use Building

220 Harbor Blvd, Destin, FL 32541

$4,500,000
21,120 sqft 1.00 AC lot

Renovated mixed-use building with retail and residential units.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Mixed-Use Land Assemblage
Waterfront Mixed-Use Land Assemblage

54 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

$6,950,000
2.47 AC lot

Two contiguous waterfront parcels with MX-2 mixed-use zoning and frontage on both the Sound and Miracle Strip Parkway.

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Highway Frontage Vacant Lot
Highway Frontage Vacant Lot

W Highway 98, Mary Esther, FL 32569

$185,000
0.56 AC lot

0.56-acre vacant lot with highway frontage in Mary Esther, FL.

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Navarre, FL Land For Sale
Navarre, FL Land For Sale

Gulf Blvd, Navarre, FL 32566

$3,500,000
0.98 AC lot

Land with unobstructed Gulf views, ideal for restaurant/retail development.

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Bayfront Parcel in Niceville, FL
Bayfront Parcel in Niceville, FL

FL-20, Niceville, FL 32578

$379,000
0.78 AC lot

0.78-acre bayfront parcel with residential/commercial zoning and dock rights.

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Off-Market Properties in Fort Walton Beach, FL

Consider similar Off-Market properties in Fort Walton Beach, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

906 Barrow St
SERVICE SHOP (TV, ELECTRIC, PLUMBING)

906 Barrow St, Fort Walton Beach, FL 32547-1819

Value Estimation by Request
1,500 sqft 0.51 AC lot
View details
702 Anchors NW St
SERVICE SHOP (TV, ELECTRIC, PLUMBING)

702 Anchors NW St, Fort Walton Beach, FL 32548-3867

$1,005,000
Estimated value
13,676 sqft 3.44 AC lot
View details
694 Beal N Pkwy
SERVICE SHOP (TV, ELECTRIC, PLUMBING)

694 Beal N Pkwy, Fort Walton Beach, FL 32547-3510

$760,000
Estimated value
3,344 sqft 0.61 AC lot
View details
605 James Lee Rd
RESTAURANT

605 James Lee Rd, Fort Walton Beach, FL 32547-2306

Value Estimation by Request
5,042 sqft 0.47 AC lot
View details
653 Beal N Pkwy
WHOLESALE OUTLET, DISCOUNT STORE

653 Beal N Pkwy, Fort Walton Beach, FL 32547-3523

$7,265,000
Estimated value
19,432 sqft 8.18 AC lot
View details
189 Brks SE St
RESTAURANT

189 Brks SE St, Fort Walton Beach, FL 32548-5895

Value Estimation by Request
8,604 sqft 1.23 AC lot
View details
55 Eglin NE Pkwy
DRIVE-THRU RESTAURANT, FAST FOOD

55 Eglin NE Pkwy, Fort Walton Beach, FL 32548-4956

Value Estimation by Request
2,772 sqft 0.32 AC lot
View details
302 Racetrack NW Rd
DRIVE-THRU RESTAURANT, FAST FOOD

302 Racetrack NW Rd, Fort Walton Beach, FL 32547-1511

$1,155,000
Estimated value
4,034 sqft 1.16 AC lot
View details
24 Hollywood SW Blvd
SHOPPING CENTER, STRIP CENTER

24 Hollywood SW Blvd, Fort Walton Beach, FL 32548-4893

Value Estimation by Request
10,820 sqft 0.69 AC lot
View details
301 Racetrack Rd
RETAIL STORES (PERSONAL SERVICES)

301 Racetrack Rd, Fort Walton Beach, FL 32547

Value Estimation by Request
5,468 sqft 0.78 AC lot
View details
434 Mary Esther Cut Off NW
RETAIL STORES (PERSONAL SERVICES)

434 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4023

$745,000
Estimated value
11,745 sqft 0.34 AC lot
View details
825 Beal N Pkwy
DRUG STORE, PHARMACY

825 Beal N Pkwy, Fort Walton Beach, FL 32547-1955

$2,785,000
Estimated value
16,810 sqft 1.67 AC lot
View details
319 Miracle Strip SW Pkwy
VEHICLE SALES, RENTALS

319 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-5202

Value Estimation by Request
5,490 sqft 0.78 AC lot
View details

Fort Walton Beach, FL Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Fort Walton Beach, FL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 46,277 square feet of properties for sale, with an estimated market value of $12,511,900.

Sale prices for stores in Fort Walton Beach, FL start at $399,900, averaging $2,085,316, and reaching up to $5,687,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 12
Auto shops 5
Automotive properties 5
Storefront properties 3
Showrooms 2

Demographics Overview

Population 59K
Population Growth (5Y) +7.7%
Median Household Income $66,255
College Educated 25.9%

High-Yield Neighborhoods for Investment

Identify Fort Walton Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32547 $1.2M
32548 $2.3M

Taxes & Financing

Tax Rate (average for all types) 1.28%
Property Tax per SF $17.48 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Okaloosa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Okaloosa County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Fort Walton Beach fall within the 25,000 to 50,000 square foot range.

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