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    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.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 67 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 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.

    Multi-Tenant Retail Center Corner
    Multi-Tenant Retail Center Corner

    11275 Emerald Coast Parkway, Miramar Beach, FL 32550

    $7,900,000
    28,000 sqft

    28,000 SF, 11-unit retail center in Destin/Miramar Beach is fully leased and positioned at a major intersection.

    View details
    End-Cap Retail Storefront
    End-Cap Retail Storefront

    101-4368 W County Highway 30a, Santa Rosa Beach, FL 32459

    $1,495,000

    End-cap retail storefront with dedicated patron parking and prominent positioning on Scenic 30A.

    View details
    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.

    View details
    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.

    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.

    Rare Santa Rosa Beach Development Land
    Rare Santa Rosa Beach Development Land

    1939 Mack Bayou Road, Santa Rosa Beach, FL 32459

    $4,995,000
    13.02 AC lot

    13-acre development opportunity in Santa Rosa Beach, Florida.

    View details
    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.

    View details
    Pensacola Land Investment Opportunity
    Pensacola Land Investment Opportunity

    2300 BLK Gloria Cir, Pensacola, FL 32514

    $200,000
    1.10 AC lot

    Commercial potential in a rapidly growing Pensacola location.

    View details
    Prime Commercial Pad Site Opportunity
    Prime Commercial Pad Site Opportunity

    740 E Burgess Rd, Pensacola, FL 32504

    $850,000
    1.29 AC lot

    1.29-acre commercial pad site in active Pensacola corridor.

    View details

    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

    $7,265,000
    Estimated value
    19,432 sqft 8.18 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
    188 Eglin NE Pkwy
    WHOLESALE OUTLET, DISCOUNT STORE

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

    $1,295,000
    Estimated value
    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

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

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

    $2,040,000
    Estimated value
    18,348 sqft 1.25 AC lot
    View details
    550 Mary Esther Cut Off NW
    SHOPPING CENTER, STRIP CENTER

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

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

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

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

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

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

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

    $2,695,000
    Estimated value
    7,891 sqft 0.16 AC lot
    View details
    637 Beal NW Pkwy
    SHOPPING CENTER, STRIP CENTER

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

    Value Estimation by Request
    5,400 sqft 0.58 AC lot
    View details
    575 Beal N Pkwy
    SHOPPING CENTER, STRIP CENTER

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

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

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

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

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

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

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

    $1,785,000
    Estimated value
    4,058 sqft 1.15 AC lot
    View details
    11 Beal SE Pkwy
    WHOLESALE OUTLET, DISCOUNT STORE

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

    $1,930,000
    Estimated value
    11,872 sqft 0.97 AC lot
    View details
    425 Mary Esther Cut Off NW
    WHOLESALE OUTLET, DISCOUNT STORE

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

    $910,000
    Estimated value
    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

    $2,550,000
    Estimated value
    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

    $685,000
    Estimated value
    3,960 sqft 0.71 AC lot
    View details
    327 Racetrack NE Rd
    SHOPPING CENTER, STRIP CENTER

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

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

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

    Value Estimation by Request
    8,424 sqft 0.53 AC lot
    View details
    505 Mary Esther Cut Off NW
    WHOLESALE OUTLET, DISCOUNT STORE

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

    $2,745,000
    Estimated value
    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

    $2,060,000
    Estimated value
    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

    $21,530,000
    Estimated value
    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, with an estimated market value of $12.

    Sale prices for plazas in Fort Walton Beach, FL average $12 — 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 10
    Storefront properties 7
    Automotive properties 5
    Auto shops 4
    Showrooms 2

    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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