For Sale
$650,000

3397 Highway 98Mary Esther, FL 32569

Prime .83-acre redevelopment site, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.83-acre commercial redevelopment opportunity is located at 3397 W Highway 98 in Mary Esther, Florida, 32569. The property, situated on a prominent corner at the intersection of Highway 98/Navarre Parkway and Rosewood Avenue, benefits from high visibility and significant daily traffic counts of 44,500 vehicles. The existing 2,047 square foot building was constructed in 1978 and sits on a single-story structure. The land is zoned MU, allowing for a wide range of commercial uses. This site presents a unique chance to capitalize on its strategic location adjacent to a newly developed Publix Shopping Center. The asking price is $650,000, translating to $17.98 per square foot and $783,133 per acre. Seller financing may be available. The property features one building and has a single tenancy. The APN is 18-2S-25-0000-0014-0010. This is a rare opportunity to acquire a high-traffic commercial property in a thriving Okaloosa County location.

Highlights

  • 0.83-acre commercial redevelopment opportunity in Mary Esther, FL, on a high-traffic corner (44,500 VPD).
  • MU zoning allows for diverse commercial uses.
  • Existing 2,047 SF building (1978 construction); asking price $650,000 ($17.98/SF, $783,133/acre).
  • Seller financing may be available.

Property Details for 3397 Highway 98

Property type
Retail properties, Restaurants
Square Feet
2,047 SF
Year Built
1978
Buildings
1
Stories
1
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Mary Esther
County
Okaloosa
State
Florida
Latitude
30.4093637
Longitude
-86.7992404
3397 Highway 98, Mary Esther, Florida

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3397 Highway 98
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