Niceville, FL
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    Niceville, FL Specialty Properties for Sale

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    Valparaiso, FL Shalimar, FL Destin, FL
    Merchants Walk Investment Opportunity
    $1,715,000
    7,500 SF
    Merchants Walk Investment Opportunity

    4400 East Highway 20, Niceville, FL 32578

    Turnkey commercial property with immediate cash flow potential in Niceville.
    • Immediate cash flow from day one with 9 of 10 suites currently leased.
    • Prime location in Bluewater Bay with strong visibility and easy access.
    • Turnkey asset ideal for investors seeking stability with upside potential.
    • Monument signage on Highway 20, including seven lower panels and an electronic scrolling sign, conveys at closing for excellent tenant exposure.
    • Roof with approximately 15 years of remaining warranty.
    Updated: May 4
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    Rare Nursery Site for Sale
    $1,395,000
    4,584 SF
    Rare Nursery Site for Sale

    1405 S Palm Boulevard, Niceville, FL 32578

    3.35-acre nursery site in Niceville, Florida, for sale.
    • Large ±3.35‑acre assemblage comprised of two contiguous parcels.
    • Zoned R‑1A - Single Family Residential (maximum 4 du/ac) with a future land use of LDR (low density residential).
    • Located in Niceville, Florida, in one of the most desirable school districts along the Emerald Coast.
    • Exceptional visibility from Palm Boulevard South.
    • Includes a ±4,584 square foot building.
    Updated: Feb 7
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    Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 2 Active listings in Niceville, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 37 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.

    Dry Storage Slip Property
    $210,000
    Dry Storage Slip Property

    Dry storage slips designed for boats with towers, supported by a full-service marina and waterfront clubhouse amenities.

    4601 Legendary Marina Drive, Destin, FL 32541

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    Dry Storage Boat Slip
    $185,000
    Dry Storage Boat Slip

    Bottom level dry storage boat slip in Destin, Florida.

    4601 Legendary Marina Drive, Destin, FL 32541

    View details
    Fort Walton Beach Office Building
    $670,000
    2,208 SF
    Fort Walton Beach Office Building

    NNN leased office building in Fort Walton Beach, Florida.

    30 Ferry Rd SE, Fort Walton Beach, FL 32548

    View details
    Fort Walton Beach Investment Opportunity
    $1,550,000
    0.51 Acres
    Fort Walton Beach Investment Opportunity

    Commercial property with a 5-year NNN lease in place.

    11 SE Tupelo Avenue, Fort Walton Beach, FL 32548

    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.

    Freeport, FL Commercial Development Land
    $10,500,000
    34.00 Acres
    Freeport, FL Commercial Development Land

    34-acre commercial development opportunity near Choctawhatchee Bay.

    130 Lagrange Road, Freeport, FL 32439

    View details
    Waterfront Development Opportunity in Panama
    $7,500,000
    231.05 Acres
    Waterfront Development Opportunity in Panama

    231-acre waterfront property with development potential near major landmarks.

    Fonza Road, Panama City, FL 32409

    View details
    Pensacola Land with Development Potential
    $279,000
    2.41 Acres
    Pensacola Land with Development Potential

    2.41 acres suitable for high-density residential and commercial development.

    6013 Hilburn Rd, Pensacola, FL 32504

    View details
    Waterfront Land with RV Potential
    $3,500,000
    320.55 Acres
    Waterfront Land with RV Potential

    320.545+/- acres on Escambia River with RV infrastructure.

    2610 Hwy 4, Jay, FL 32565

    View details

    Off-Market Properties in Niceville, FL

    Consider similar Off-Market properties in Niceville, 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.

    115 Bailey Dr
    VETERINARY, ANIMAL HOSPITAL
    5,198 SF Lot: 0.48 Acres
    Value Estimation by Request

    115 Bailey Dr, Niceville, FL 32578-2747

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    4554 Hwy 20
    VETERINARY, ANIMAL HOSPITAL
    10,666 SF Lot: 0.23 Acres
    Value Estimation by Request

    4554 Hwy 20, Niceville, FL 32578-9755

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    1023 Partin N Dr
    KENNEL
    4,160 SF Lot: 0.69 Acres
    Estimated value
    $800,000

    1023 Partin N Dr, Niceville, FL 32578-1419

    View details
    550 Hwy 85th N
    VETERINARY, ANIMAL HOSPITAL
    12,302 SF Lot: 0.98 Acres
    Estimated value
    $2,165,000

    550 Hwy 85th N, Niceville, FL 32578

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    1403 Cat Mar Rd
    VETERINARY, ANIMAL HOSPITAL
    2,995 SF Lot: 0.57 Acres
    Estimated value
    $665,000

    1403 Cat Mar Rd, Niceville, FL 32578-9742

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    2001 Hwy 20
    VETERINARY, ANIMAL HOSPITAL
    12,934 SF Lot: 2.93 Acres
    Estimated value
    $3,430,000

    2001 Hwy 20, Niceville, FL 32578-8826

    View details
    113 John Sims W Pkwy
    MARINE FACILITY/BOARD REPAIRS
    42,824 SF Lot: 3.19 Acres
    Estimated value
    $40,720,000

    113 John Sims W Pkwy, Niceville, FL 32578-1915

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    1950 Bluewater Blvd
    VETERINARY, ANIMAL HOSPITAL
    10,140 SF Lot: 1.23 Acres
    Estimated value
    $2,300,000

    1950 Bluewater Blvd, Niceville, FL 32578-3887

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    410 Fir Ave
    DAY CARE, PRE-SCHOOL
    3,907 SF Lot: 0.34 Acres
    Value Estimation by Request

    410 Fir Ave, Niceville, FL 32578-1328

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    1018 White Pt Rd
    DAY CARE, PRE-SCHOOL
    1,312 SF Lot: 0.50 Acres
    Value Estimation by Request

    1018 White Pt Rd, Niceville, FL 32578-4218

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    908 Palm S Blvd
    VETERINARY, ANIMAL HOSPITAL
    5,337 SF Lot: 0.36 Acres
    Value Estimation by Request

    908 Palm S Blvd, Niceville, FL 32578-2603

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    490 Hwy 85th N
    VETERINARY, ANIMAL HOSPITAL
    5,076 SF Lot: 0.41 Acres
    Value Estimation by Request

    490 Hwy 85th N, Niceville, FL 32578-1010

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    504 Hwy 85th N
    CREMATORIUM, MORTUARY
    3,136 SF Lot: 0.94 Acres
    Value Estimation by Request

    504 Hwy 85th N, Niceville, FL 32578-1012

    View details
    1103 John Sims E Pkwy
    VETERINARY, ANIMAL HOSPITAL
    4,441 SF Lot: 0.48 Acres
    Value Estimation by Request

    1103 John Sims E Pkwy, Niceville, FL 32578-2752

    View details
    704 Palm N Blvd
    VETERINARY, ANIMAL HOSPITAL
    2,256 SF Lot: 0.26 Acres
    Value Estimation by Request

    704 Palm N Blvd, Niceville, FL 32578-1238

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    4304 Lancaster Dr
    VETERINARY, ANIMAL HOSPITAL
    10,977 SF Lot: 0.88 Acres
    Estimated value
    $560,000

    4304 Lancaster Dr, Niceville, FL 32578-4563

    View details
    719 Bayshore Dr
    VETERINARY, ANIMAL HOSPITAL
    2,883 SF Lot: 0.36 Acres
    Value Estimation by Request

    719 Bayshore Dr, Niceville, FL 32578-2546

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    1000 College E Blvd
    VETERINARY, ANIMAL HOSPITAL
    7,445 SF Lot: 2.20 Acres
    Estimated value
    $715,000

    1000 College E Blvd, Niceville, FL 32578-1729

    View details
    552 Twin Cities Blvd
    VETERINARY, ANIMAL HOSPITAL
    6,676 SF Lot: 19.39 Acres
    Value Estimation by Request

    552 Twin Cities Blvd, Niceville, FL 32578-1055

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    1209 47th St
    DAY CARE, PRE-SCHOOL
    1,784 SF Lot: 0.34 Acres
    Value Estimation by Request

    1209 47th St, Niceville, FL 32578-1345

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    2201 Partin N Dr
    CREMATORIUM, MORTUARY
    10,445 SF Lot: 1.75 Acres

    2201 Partin N Dr, Niceville, FL 32578-1500

    View details
    4633 Hwy 20
    VETERINARY, ANIMAL HOSPITAL
    4,206 SF Lot: 0.45 Acres
    Value Estimation by Request

    4633 Hwy 20, Niceville, FL 32578-9792

    View details

    Niceville, FL Specialty Properties Market Trends and Statistics

    Explore 39 specialty properties for sale in Niceville, FL on our real estate platform. These investment opportunities span a total of 12,084 square feet of properties for sale, with an estimated market value of $3,110,000.

    Sale prices for properties in Niceville, FL start at $1,395,000, averaging $1,555,000, and reaching up to $1,715,000 — 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

    NNN properties 1
    Nursery and garden centers 1

    Demographics Overview

    Population 34K
    Population Growth (5Y) +3.4%
    Median Household Income $105,858
    College Educated 34.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    32578 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $18.63 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

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