124 Hwy 98, Mary Esther, FL 32569 (MLS# 941845)

124 Hwy 98, Mary Esther, FL 32569

$4,300,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 87,120 Status: Active

Current Price: $4,300,000 List Date: 2/08/2024 Last Modified: 2/11/2025

Description

Exceptional investment opportunity in the bustling town of Mary Esther. Situated right on Hwy 98 between Hurlburt AFB and Mary Esther Cutoff, this 16- unit professional office complex offers an ideal location for businesses seeking prime visibility and accessibility. Boasting a diverse mix of tenants including defense contractors, medical professionals, and other professionals, this property promises steady rental income and a investment. With its strategic position right west of Target, the complex enjoys excellent highway frontage and visibility, ensuring that businesses thrive in this high-traffic area. Ample parking further enhances the appeal of this property, making it convenient for both tenants and their clients.

More Information MLS# 941845

Contract Info

GCCMLS Number: 30867142 Listing Board: Emerald Coast List Date: 2024-02-08 List Price: $4,300,000

Location, Tax and Legal

Sub Area: 1204 - Mary Esther/East of Hurlburt Legal Description: Parcel id # 16-2S-24-1710-000F-0270, 16-2S-24-1710-000D-00A, 16-2S-24-1710-000F-026, 16-2S-24-1710-000D-017C, 16-2S-24-1710-000D-017A

General Property Info

Listed on GCCMLS: Yes Vacant: No Zoning: Commercial Acreage: 2

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Exceptional investment opportunity in the bustling town of Mary Esther. Situated right on Hwy 98 between Hurlburt AFB and Mary Esther Cutoff, this 16- unit professional office complex offers an ideal location for businesses seeking prime visibility and accessibility. Boasting a diverse mix of tenants including defense contractors, medical professionals, and other professionals, this property promises steady rental income and a investment. With its strategic position right west of Target, the complex enjoys excellent highway frontage and visibility, ensuring that businesses thrive in this high-traffic area. Ample parking further enhances the appeal of this property, making it convenient for both tenants and their clients.

Class

Income Producing: 1 Office: 1

Construction Status

Existing: 1

Office

Year Built: 2001 Building SqFt: 25000 # of Units: 16

Income Producing

Year Built: 2001 Building SqFt: 25000 Property Type: Office

None

Current Price: $4,300,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 124 Street Name: Hwy 98 State: FL Zip Code: 32569 County: Okaloosa Parcel ID: 16-2S-24-1710-000D-00A0; 16-2S-24-1710-000D-017C;

Property Features

Class: Income Producing; Office Construction Status: Existing

Documents

Survey ›

Floorplan ›

flyer ›

Listing Office: NBI Properties Inc

Last Updated: February - 11 - 2025

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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