Shopping Center

Fort Walton Beach, FL Shopping Centers for Sale

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Divisible Retail/Office Space in Plaza
Updated: Jan 27
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
High‑visibility location on Racetrack Rd. in Fort Walton Beach, ideal for retail or office use.
Divisible 10,265 SF space (minimum 1,900 SF per unit) offering flexibility for various business sizes.
Ample parking and prominent signage opportunities available.
Located in a high‑traffic commercial corridor with a diverse tenant mix.
Proximity to Eglin Air Force Base and Hurlburt Field provides a stable customer base.
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See what stands out in Okaloosa County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 65 Potential Opportunities for your consideration. Besides 1 Active listings in Fort Walton Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads, plus 2 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.

11-Unit Retail Shopping Center
11-Unit Retail Shopping Center

11275 Emerald Coast Parkway, Miramar Beach, FL 32550

$7,900,000
2.30 AC lot

Fully leased retail complex occupying a prominent corner in Miramar Beach.

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10,882 SF Grayton Corners Shopping Center For Sale
10,882 SF Grayton Corners Shopping Center For Sale

32 E County Hwy 30A, Santa Rosa Beach, FL 32459

Contact for pricing
10,882 sqft 1.39 AC lot

10,882 SF Grayton Corners Shopping Center For Sale

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Multi-Tenant Retail Storefronts
Multi-Tenant Retail Storefronts

4368 W County Hwy 30A, Santa Rosa Beach, FL 32459

Contact for pricing

Six income-producing retail spaces with dedicated patron parking, highly visible from surrounding entertainment and dining uses.

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Retail Center in Miramar Beach
Retail Center in Miramar Beach

11275 Emerald Coast Parkway, Miramar Beach, FL 32550

$9,500,000

28,000 SF retail center, fully leased, high-traffic location.

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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.

Coastal Center Commercial Land
Coastal Center Commercial Land

1939 Mack Bayou Road, Santa Rosa Beach, FL 32459

$4,995,000
13.02 AC lot

Commercial land with Coastal Center zoning adjacent to a golf course.

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Freeport Land on Highway 331
Freeport Land on Highway 331

20.2 Acres US-331, Freeport, FL 32439

$2,650,000
19.82 AC lot

19.82 acres in Freeport, Florida with development potential.

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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.

653 Beal N Pkwy
WHOLESALE OUTLET, DISCOUNT STORE

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

Estimated value:
$8,910,000
19,432 sqft 8.18 AC lot
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24 Hollywood SW Blvd
SHOPPING CENTER, STRIP CENTER

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

Estimated value:
$440,000
10,820 sqft 0.69 AC lot
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188 Eglin NE Pkwy
WHOLESALE OUTLET, DISCOUNT STORE

188 Eglin NE Pkwy, Fort Walton Beach, FL 32548-5572

Estimated value:
$1,295,000
8,704 sqft 0.57 AC lot
View details
248 Eglin Pkwy Nea
SHOPPING CENTER, STRIP CENTER

248 Eglin Pkwy Nea, Fort Walton Beach, FL 32547

Estimated value:
$2,575,000
10,970 sqft 2.32 AC lot
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435 Mary Esther Cut Off NW
WHOLESALE OUTLET, DISCOUNT STORE

435 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4019

Estimated value:
$545,000
18,348 sqft 1.25 AC lot
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550 Mary Esther Cut Off NW
SHOPPING CENTER, STRIP CENTER

550 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4080

Estimated value:
$4,590,000
25,185 sqft 1.19 AC lot
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232 Racetrack NE Rd
SHOPPING CENTER, STRIP CENTER

232 Racetrack NE Rd, Fort Walton Beach, FL 32547-1866

Estimated value:
$2,890,000
3,456 sqft 0.17 AC lot
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415 Mary Esther Cut Off NW
WHOLESALE OUTLET, DISCOUNT STORE

415 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4019

Estimated value:
$6,220,000
32,069 sqft 20.62 AC lot
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226 Miracle Strip SE Pkwy
SHOPPING CENTER, STRIP CENTER

226 Miracle Strip SE Pkwy, Fort Walton Beach, FL 32548-5820

Estimated value:
$2,195,000
7,891 sqft 0.16 AC lot
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637 Beal NW Pkwy
SHOPPING CENTER, STRIP CENTER

637 Beal NW Pkwy, Fort Walton Beach, FL 32548-3552

Estimated value:
$310,000
5,400 sqft 0.58 AC lot
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575 Beal N Pkwy
SHOPPING CENTER, STRIP CENTER

575 Beal N Pkwy, Fort Walton Beach, FL 32548-3520

Estimated value:
$1,860,000
9,570 sqft 1.81 AC lot
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436 Racetrack Rd Nwa-e
SHOPPING CENTER, STRIP CENTER

436 Racetrack Rd Nwa-e, Fort Walton Beach, FL 32547-1502

Estimated value:
$940,000
5,400 sqft 0.64 AC lot
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251 Miracle Strip SE Pkwy
MINI-MALL

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

Estimated value:
$7,440,000
39,921 sqft 7.03 AC lot
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700 Beal N Pkwy
SHOPPING CENTER, STRIP CENTER

700 Beal N Pkwy, Fort Walton Beach, FL 32547-6012

Estimated value:
$2,080,000
4,058 sqft 1.15 AC lot
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11 Beal SE Pkwy
WHOLESALE OUTLET, DISCOUNT STORE

11 Beal SE Pkwy, Fort Walton Beach, FL 32548-5327

Estimated value:
$2,005,000
11,872 sqft 0.97 AC lot
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425 Mary Esther Cut Off NW
WHOLESALE OUTLET, DISCOUNT STORE

425 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4019

Estimated value:
$995,000
15,832 sqft 0.74 AC lot
View details
737 Beal N Pkwy
SHOPPING CENTER, STRIP CENTER

737 Beal N Pkwy, Fort Walton Beach, FL 32547-3078

Estimated value:
$2,815,000
17,097 sqft 1.00 AC lot
View details
446 Racetrack NW Rd
SHOPPING CENTER, STRIP CENTER

446 Racetrack NW Rd, Fort Walton Beach, FL 32547-3860

Estimated value:
$715,000
3,960 sqft 0.71 AC lot
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327 Racetrack NE Rd
SHOPPING CENTER, STRIP CENTER

327 Racetrack NE Rd, Fort Walton Beach, FL 32547-2521

Estimated value:
$565,000
9,660 sqft 0.46 AC lot
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525 Eglin NE Pkwy
SHOPPING CENTER, STRIP CENTER

525 Eglin NE Pkwy, Fort Walton Beach, FL 32547-2829

Estimated value:
$345,000
8,424 sqft 0.53 AC lot
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505 Mary Esther Cut Off NW
WHOLESALE OUTLET, DISCOUNT STORE

505 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4024

Estimated value:
$2,745,000
14,465 sqft 1.97 AC lot
View details
151 Eglin NE Pkwy
WHOLESALE OUTLET, DISCOUNT STORE

151 Eglin NE Pkwy, Fort Walton Beach, FL 32548-4443

Estimated value:
$2,060,000
10,627 sqft 0.44 AC lot
View details
748 Beal N Pkwy
WHOLESALE OUTLET, DISCOUNT STORE

748 Beal N Pkwy, Fort Walton Beach, FL 32547-3002

Estimated value:
$21,530,000
229,805 sqft 19.31 AC lot
View details

Fort Walton Beach, FL Shopping Centers Market Trends and Statistics

Explore 59 shopping centers for sale in Fort Walton Beach, FL on our real estate platform. These investment opportunities span a total of 62,504 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 13
Shopping centers 8
Auto shops 6
Automotive properties 6
Showrooms 5

Demographics Overview

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

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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