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$5,000,000 -$500,000 (-9.09%) Price Reduced

  • For Sale
  • Active
  • Commercial Land
  • 5.03 Acres
  • Updated 5 days ago
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Discover an unparalleled waterfront property offering endless possibilities for development. This rare gem consists of three adjacent parcels spanning over 400 feet of pristine water frontage, creating an exceptional opportunity for investors, developers, or visionary buyers. Situated on 5 acres of prime land, this property boasts tremendous potential for commercial use or rezoning for residential development. Whether you envision a luxury waterfront community, an exclusive private estate, or a thriving commercial venture, this location provides the perfect canvas to bring your vision to life. Adding to its appeal, this property has already been approved for condominium development, presenting a seamless opportunity for those looking to capitalize on a high-demand market.

Full Property Details for 757 E Miracle Strip Parkway Pkwy

General

  • Price: $5,000,000
  • Status: Active
  • Type: Commercial Land
  • Source: Emerald_Coast
  • MLS ID: 971863
  • Updated: 4/13/2026
  • Added to Site: 22 day(s) ago

Location

  • Area: 12 - Fort Walton Beach
  • County: Okaloosa
  • Subdivision: N/A
  • Driving Directions: Located on directly on the south side of Highway 98 about a half mile east of Mary Esther Cutoff.

School Information

  • Elementary School: Florosa
  • Middle School: Bruner
  • High School: Fort Walton Beach

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric

Lot Features

  • Lot Size (Acres): 5.03
  • Lot Size (Sq. Ft.): 219,106.8
  • Lot Dimensions: Appro x . 410 x 600
  • Street/Road Desc.: Paved Road
  • Lot Features: Cleared, Within 1/2 Mile to Water
  • Zoning: Business, Commercial

Water Features

  • Water Front: Yes
  • Water Front Type: Intracoastal Wtrwy

Financial Considerations

  • Price Per Acre: $994,035.79

Disclosures and Reports

  • Legal Description: SEABREEZE S/D BEG NE COR LOT 102 S170 FT W130 FT N170 FT E130 FT TO POB AS OR & SEABREEZE S/DLOTS 102, 103 & E50 FT OFLOT 104 LESS 130 FT E X WBY 170 FT N X S IN NE CORSOLD & SEABREEZE S/D LOTS 104 & 105 INC EX E 50 FT OF LOT 104
  • APN: 23-2S-24-221A-0000-102A
  • Property ID: 23-2S-24-221A-0000-102A

Listed by Compass

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— 757 E Miracle Strip Parkway Pkwy —

  • Compass

  • Compass

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 757 E Miracle Strip Parkway Pkwy

School District:Okaloosa County School District
NameGradesDistance
Annette P. Edwins Elementary School
7 Wright Parkway Southwest, Fort Walton Beach, FL 32548
PK-50.5 mi
Max Bruner Junior Middle School
322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548
6-81 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-120.5 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 757 E Miracle Strip Parkway Pkwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Price Reduced
$5,000,000
-9.09%
MLS
3/22/2025
Listed
$5,500,000
—
MLS
Get Price Alerts and Save Property
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 for 757 E Miracle Strip Parkway Pkwy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,078
4%
$356,204
4%
2024
$4,883
1%
$342,505
2%
2023
$4,821
13%
$335,788
16%
2021
$4,254
-7%
$290,725
-9%
2022
$4,562
7%
$319,798
12%
2021
$4,254
20%
$285,024
21%
2019
$3,547
5%
$234,956
1%
2018
$3,364
-2%
$232,630
—
2017
$3,417
7%
$232,630
4%
2016
$3,190
5%
$223,682
5%
2015
$3,035
7%
$213,031
3%
2014
$2,826
—
$206,827
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Compass

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757 E Miracle Strip Parkway Parkway, Mary Esther, FL 32569 (MLS# 971863) is a Commercial Land property with a lot size of 5.03 acres. 757 E Miracle Strip Parkway Parkway is currently listed for $5,000,000 and was received on March 27, 2026. Want to learn more about 757 E Miracle Strip Parkway Parkway? Do you have questions about finding other Commercial Land 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.

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