54 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548 (MLS# 982793)

54 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

$6,950,000

Property Type: Land Lot Size (sq. ft.): 107,593 Status: Active

Current Price: $6,950,000 List Date: 8/10/2025 Last Modified: 6/17/2026

Overview

Description

Extraordinarily rare waterfront assemblage favorably zoned ''MX-2 Mixed-Use'' (pursuant to City of Fort Walton Beach land development code) for high density redevelopment to achieve economies of scale involving a plausible host of viable development scenarios. Its prime ±248 fronting footage on the scenic Sound of Ft. Walton Beach, Florida, as well as ±248' along Miracle Strip Parkway, is within ±½ mile from the spectacular Brooks Bridge (under development and construction), as well as a pedestrian friendly, short walk to the historic downtown district of Fort Walton Beach, Florida. The combined total waterfront acreage is ±2.47, while the dimension of the two contiguous, combined parcels is as follows: 248' x 230' x 248' x 218'. The assemblage is offered as-is, where-is, with no

Supplements: attributable value to the current structures onsite. Buyer must verify zoning, potential development entitlements, riparian rights (dock / "marina") through the City of Ft. Walton Beach, Okaloosa County, and including but not limited to the Corp. of Engineers, and the FDEP. Access to the property is strictly prohibited unless properly scheduled w ... (Read more)

Listing Details MLS# 982793

Contract Info

Listing Board: Emerald Coast
List Price/Acre: 2813765.18

Location Tax and Legal

Street #: 54
Street Direction: SE
Street Name: Miracle Strip
Street Suffix: Parkway
Area: 12 - Fort Walton Beach
State: FL
Zip Code: 32548
County: Okaloosa
Project Name/Subdivision: N/A
Parcel ID: 24-2S-24-0000-0031-0000

General Property Info

Sub-Type: Vacant Land
Acreage: 2.47

Waterfront

Waterfront Feet: 248
Sound: Yes

More Information

Location, Tax and Legal

Sub Area: 1202 - East Fort Walton Beach
Elementary School: Elliott Point
Middle School: Bruner
High School: Choctawhatchee
Legal Description: Metes & Bounds. Okaloosa County, Florida Parcel Identification Numbers: 24-2S-24-0000-0027-0000 AND 24-2S-24-0000-0031-0000

Listing Info, Tax & Legal

Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 6411.97
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Extraordinarily rare waterfront assemblage favorably zoned ''MX-2 Mixed-Use'' (pursuant to City of Fort Walton Beach land development code) for high density redevelopment to achieve economies of scale involving a plausible host of viable development scenarios. Its prime ±248 fronting footage on the scenic Sound of Ft. Walton Beach, Florida, as well as ±248' along Miracle Strip Parkway, is within ±½ mile from the spectacular Brooks Bridge (under development and construction), as well as a pedestrian friendly, short walk to the historic downtown district of Fort Walton Beach, Florida. The combined total waterfront acreage is ±2.47, while the dimension of the two contiguous, combined parcels is as follows: 248' x 230' x 248' x 218'. The assemblage is offered as-is, where-is, with no

Waterview

Gulf: Yes
Sound: Yes

Lot Features

Addl Land Available: Yes
Within 1/2 Mile to Water: Yes
See Remarks: Yes

Lot Access

City Road: Yes
County Road: Yes

Utilities

Electric: Yes
Public Sewer: Yes
Public Water: Yes

Zoning

Business: Yes
City: Yes
Commercial: Yes
County: Yes
Resid Multi-Family: Yes
See Remarks: Yes

Property Features

Lot Access: City Road; County Road Lot Features: Addl Land Available; Within 1/2 Mile to Water; See Remarks Zoning: Business; Commercial; County; Resid Multi-Family; See Remarks Waterfront: Sound Waterview: Gulf; Sound Utilities: Electric; Public Sewer; Public Water

Listing Office: Somers & Company

Last Updated: June - 17 - 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.