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$1,250,000
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Property Description
Prime Commercial Building Positioned along the heavily traveled Mary Esther Cutoff, this 3,760 SF freestanding commercial building delivers exceptional visibility, access, and versatility for an owner-user or investor. Located just east of a lighted intersection, the property benefits from steady daily traffic and is ideally suited for retail, showroom or service-based operations. This offering is truly turnkey. A fully renovated interior featuring updated finishes, a new metal roof, new HVAC and exterior panel replacements. The property can be vacated 30 days after close.
Full Property Details
Full Property Details for 507 NW Mary Esther Cut Off
General
- Price: $1,250,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 997771
- Updated: 4/13/2026
- Added to Site: 91 day(s) ago
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Driving Directions: - Take US-98 West toward Destin. - Continue through Destin, cross Brooks Bridge into Fort Walton Beach. - Stay on US-98 / Miracle Strip Pkwy. - Turn right onto Mary Esther Cut Off NW. - Continue about 0.8 miles. - Destination will be on your right.
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761.2
- Lot Dimensions: 116FF x 103DP
- Zoning: Mixed Use
Disclosures and Reports
- Legal Description: Com Se Cor Of Ne1/4 Of Se1/4 W 210 Ft To Pob W 116 Ft N 2 Deg E 102.62 Ft E 114.61 Ft S 102.9 Ft To Pob
- APN: 09-2S-24-0000-0041-0020
- Property ID: 09-2S-24-0000-0041-0020
Listed by NBI Properties Inc
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Schools
Schools serving 507 NW Mary Esther Cut Off
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Mary Esther Elementary School 320 East Miracle Strip Parkway, Mary Esther, FL 32569 | PK-5 | 1.1 mi |
Max Bruner Junior Middle School 322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548 | 6-8 | 0.9 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 NW Mary Esther Cut Off
Date
Details
Price
Change
Source
3/12/2026
Listed
$1,250,000
104.52%
MLS
1/10/2025
Sold
$611,200
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 507 NW Mary Esther Cut Off
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,739
20%
$426,601
32%
2024
$3,962
3%
$322,634
4%
2023
$3,830
6%
$309,367
10%
2021
$3,612
-5%
$281,048
-8%
2022
$3,805
5%
$304,773
7%
2021
$3,612
6%
$284,532
9%
2019
$3,418
-5%
$260,544
-4%
2018
$3,606
4%
$271,666
5%
2017
$3,466
2%
$259,963
2%
2016
$3,386
2%
$255,464
4%
2015
$3,312
3%
$246,311
3%
2014
$3,231
—
$240,074
—
2013
$3,239
—
$240,761
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 NW Mary Esther Cut Off
507 NW Mary Esther Cut Off, Fort Walton Beach, FL 32548 (MLS# 997771) is a Commercial property. 507 NW Mary Esther Cut Off is currently listed for $1,250,000 and was received on March 12, 2026. Want to learn more about 507 NW Mary Esther Cut Off? Do you have questions about finding other Commercial real estate for sale in Fort Walton Beach? You can browse all Fort Walton Beach real estate or contact a Coldwell Banker agent to request more information.

