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$4,300,000
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Property Description
Exceptional investment opportunity in the bustling town of Mary Esther. Situated right on Hwy 98 between Hurlburt AFB and Mary Esther Cutoff, this 16- unit professional office complex offers an ideal location for businesses seeking prime visibility and accessibility. Boasting a diverse mix of tenants including defense contractors, medical professionals, and other professionals, this property promises steady rental income and a investment. With its strategic position right west of Target, the complex enjoys excellent highway frontage and visibility, ensuring that businesses thrive in this high-traffic area. Ample parking further enhances the appeal of this property, making it convenient for both tenants and their clients.
Full Property Details
Full Property Details for 124 Hwy 98
General
- Price: $4,300,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 941845
- Updated: 4/14/2026
- Added to Site: 797 day(s) ago
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Driving Directions: Located just west of Target Store in Mary Esther
Lot Features
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,120
- Zoning: Commercial
Disclosures and Reports
- Legal Description: Parcel id # 16-2S-24-1710-000F-0270, 16-2S-24-1710-000D-00A, 16-2S-24-1710-000F-026, 16-2S-24-1710-000D-017C, 16-2S-24-1710-000D-017A
- APN: 16-2S-24-1710-000D-00A0; 16-2S-24-1710-000D-017C;
- Property ID: 16-2S-24-1710-000D-00A0; 16-2S-24-1710-000D-017C;
Listed by NBI Properties Inc
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Schools
Schools serving 124 Hwy 98
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Mary Esther Elementary School 320 East Miracle Strip Parkway, Mary Esther, FL 32569 | PK-5 | 0.3 mi |
Max Bruner Junior Middle School 322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548 | 6-8 | 1.8 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 1.4 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 124 Hwy 98
Date
Details
Price
Change
Source
2/08/2024
Listed
$4,300,000
—
MLS
Disclaimer: Historical sales 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 124 Hwy 98
124 Hwy 98, Mary Esther, FL 32569 (MLS# 941845) is a Commercial property. 124 Hwy 98 is currently listed for $4,300,000 and was received on February 08, 2024. Want to learn more about 124 Hwy 98? Do you have questions about finding other Commercial real estate for sale in Mary Esther? You can browse all Mary Esther real estate or contact a Coldwell Banker agent to request more information.

