0000 W Highway 98, Mary Esther, FL 32569

$185,000
Property Type: Land Lot Size (sq. ft.): 24,394 Status: Active
Current Price: $185,000 List Date: 10/10/2025 Last Modified: 2/26/2026

Description

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.

Supplements: 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!

More Information MLS# 987329

Contract Info

Listing Board: Emerald Coast List Price/Acre: 330357.14 List Date: 2025-10-10 List Price: $185,000

Location, Tax and Legal

Sub Area: 1212 - Mary Esther/West of Hurlburt Elementary School: Florosa Middle School: Bruner High School: Fort Walton Beach Legal Description: WYNNEHAVEN BCH EST LOT 2 BLK 27 AND N 1/2 VAC ADJ R/W AS PER OR 1261-224

General Property Info

Sub-Type: Vacant Land Acreage: 0.56

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 467.01 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: 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.

Lot Features

Easements: 1 Survey Available: 1 Wetlands: 1

Lot Access

Paved Road: 1 U.S. Highway: 1

Utilities

Other: 1

Zoning

Commercial: 1 Resid Multi-Family: 1 Resid Single Family: 1

None

Current Price: $185,000

Status Change Info

Status: Active

Location Tax and Legal

Street #: 0000 Street Direction: W Street Name: Highway 98 Area: 12 - Fort Walton Beach State: FL Zip Code: 32569 County: Okaloosa Project Name/Subdivision: WYNNEHAVEN BEACH ESTATES Parcel ID: 18-2S-25-272A-0027-001A

Property Features

Lot Access: Paved Road; U.S. Highway Lot Features: Easements; Survey Available; Wetlands Zoning: Commercial; Resid Multi-Family; Resid Single Family Utilities: Other

Documents

Listing Office: The Premier Property Group
Last Updated: February - 26 - 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.