3397 Highway 98Mary Esther, FL 32569

  • Retail properties
  • 2,355 SF
For Sale
$650,000 View listing

Property Details for 3397 Highway 98

Year built
1978
Construction
FRAME
Lot size
0.73 AC
Property size (Sq ft)
2,355 SF
Property type
Retail properties
APN
18-2S-25-0000-0014-0010
APU
182S25000000140010

Description

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.

Location Insight

City
Mary Esther
County
Okaloosa
State
Florida
Latitude
30.4092
Longitude
-86.7993
CBSA code
18880
CBSA name
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,944
$144,328
$14,633
$158,961
-
$144,328
$14,633
$158,961

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