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$450,000 Just Listed
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Property Description
Now available for sale, 53 Beal Pkwy presents an owner-user or investment opportunity in the heart of Fort Walton Beach. Situated on approximately 0.31 acres and zoned General Commercial (CG) within the City of Fort Walton Beach, this ±3,488 SF building offers exceptional visibility with approximately 75 ft. of frontage along Beal Pkwy, plus 60 ft. of rear access along Shell Avenue, creating convenient pass-through circulation and potential drive-thru functionality. Additional highlights include a 14,400 daily traffic count, ample on-site parking, and positioning within Fort Walton Beach's CRA District, along with close proximity to Downtown FWB, where significant public and private investment is currently underway, including a new multi-family development at 1st Street and Lowery Place and the Brooks Bridge replacement project. Currently operating as a bar and grill with event space, the property is well-suited for a wide range of retail, restaurant, office, medical, or service-oriented uses, an ideal fit for owner-users, investors, or developers looking to capitalize on this rapidly evolving market.
Full Property Details
Full Property Details for 53 SW Beal Pkwy
General
- Price: $450,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 1007525
- Updated: 7/13/2026
- Added to Site: 1 day(s) ago
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Driving Directions: From Hwy 98/Miracle Strip Pkwy SE, turn north onto Beal Pkwy SW and drive approximately .5 miles, and the property will be on the right, currently named Tropix Bar and Grill.
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503.6
- Lot Dimensions: 74 x 200 x 61 x 200
- Zoning: General Com
Disclosures and Reports
- Legal Description: BEG NW COR NW1/4 OF SW1/4 E 332 FT S 576 FT FOR BEG S 74
- APN: 13-2S-24-0000-0032-0000
- Property ID: 13-2S-24-0000-0032-0000
Listed by Taylor Allen Properties LLC
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Schools
Schools serving 53 SW Beal Pkwy
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Elliott Point Elementary School 301 Hughes Street Northeast, Fort Walton Beach, FL 32548 | PK-5 | 1.1 mi |
Clifford Meigs Middle School 150 Richbourg Avenue, Shalimar, FL 32579 | 6-8 | 3.1 mi |
Choctawhatchee Senior High School 110 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 9-12 | 2.8 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 53 SW Beal Pkwy
Date
Details
Price
Change
Source
7/13/2026
Listed
$450,000
3.45%
MLS
12/20/2022
Sold
$435,000
—
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 53 SW Beal Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,586
4%
$264,497
4%
2024
$3,435
-4%
$253,325
-2%
2023
$3,590
26%
$257,500
54%
2021
$2,842
-2%
$167,067
-7%
2022
$2,899
2%
$179,093
8%
2021
$2,842
10%
$165,867
—
2019
$2,594
—
$165,149
2%
2018
$2,600
-1%
$162,562
—
2017
$2,637
3%
$162,562
3%
2016
$2,555
2%
$158,249
4%
2015
$2,513
2%
$152,155
3%
2014
$2,465
—
$147,757
1%
2013
$2,465
—
$146,818
—
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 53 SW Beal Pkwy
53 SW Beal Parkway, Fort Walton Beach, FL 32548 (MLS# 1007525) is a Commercial property. 53 SW Beal Parkway is currently listed for $450,000 and was received on July 13, 2026. Want to learn more about 53 SW Beal Parkway? 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.

