Mixed-Use Land for Sale in Mary Esther, Florida
W Highway 98, Mary Esther, FL 32569
Prime Residential/Commercial Lot - 0.56 Acres in Mary Esther, FL | Highway 98 Frontage - Incredible opportunity for investors and developers! This 0.56-acre vacant lot is ideally located along Highway 98 on the west side Mary Esther, offering high visibility and easy access to local amenities, the beach, and surrounding communities. Zoned SR (Suburban Residential) with permitted uses under R-2, C-1, and C-2, this property provides a flexible range of development options, including multi-family dwellings, professional offices, retail, and more. The seller has preliminary plans drawn for two charming rentable cottages, making this an excellent investment for short or long-term rental income. With utilities nearby and flat, buildable terrain, the lot is ready for development. Whether you're looking to build cozy cottages for rentals, professional offices, or a mixed-use development, this versatile lot offers limitless potential in a growing coastal community. Don't miss this rare find! Schedule a showing or request more information today!
Location
- Street address
- W Highway 98
- County
- Okaloosa County
- Community
- Wynnehaven Beach Estates
- Elevation
- 23 feet
Directions
Highway 98 east property is located on right side of road. Just west of Wynnehaven Beach Rd. Directly across the highway from the Da' Matteo Ristorante Pizzeria
Property details
- Lot size
- 0.56 acres24,394 sq ft
- Zoning
- Commercial, Resid Multi-F
- MLS #
- ECARMLS 987329
- Posted
Property taxes
- 2024
- $467 - WYNNEHAVEN BCH EST LOT 2 BLK 27 AND N 1/2 VAC ADJ R/W AS PER OR 1261-224
Parcels
- 18-2S-25-272A-0027-001A
Legal description
WYNNEHAVEN BCH EST LOT 2 BLK 27 AND N 1/2 VAC ADJ R/W AS PER OR 1261-224
Details and features
Listing
- Type
- Land
Lot
- Features
- Easements, Survey Available, Wetlands
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Florosa | Elementary | — | — |
| Bruner | Middle | — | — |
| Fort Walton Beach | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 11, 2025 | New listing | $190,000 | — | ECARMLS |