$5,000,000
Mary Esther, FL 32569
MLS# 971863
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Property Description
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.
Details
Maps
None
Current Price: $5,000,000
Status Change Info
Status: Active
Contract Info
List Date: 2025-03-22
List Price: $5,000,000
Listing Board: Emerald Coast
List Price/Acre: 994035.79
Location Tax and Legal
Street #: 757
Street Direction: E
Street Name: Miracle Strip Parkway
Street Suffix: Parkway
Area: 12 - Fort Walton Beach
State: FL
Zip Code: 32569
County: Okaloosa
Project Name/Subdivision: N/A
Parcel ID: 23-2S-24-221A-0000-102A
General Property Info
Sub-Type: Vacant Land
Acreage: 5.03
Waterfront
Waterfront Feet: 435
Property Features
Lot Access: Paved Road
Lot Features: Cleared; Within 1/2 Mile to Water
Zoning: Business; Commercial
Waterfront: Intracoastal Wtrwy
Waterview: Intracoastal Waterwy
Utilities: Electric; Public Sewer
Financing: Conventional
Listing Office: Compass
Last Updated: March - 27 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.