54 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

Local realty services provided by:ERA American Real Estate
54 SE Miracle Strip Parkway,Fort Walton Beach, FL 32548
$7,950,000
  • 2.47 Acres
  • Lots / Land
  • Active
Listed by: john paul somers, rachael a earley
Office: somers & company
MLS#:982793
Source:FL_ECAR

Price summary

  • Price:$7,950,000

About this home

Extraordinarily rare legacy waterfront assemblage favorably zoned ''MX-2 Mixed-Use'' (pursuant to City of Fort Walton Beach land development code) for high density redevelopment to achieve economies of scale involving a plausible host of viable development scenarios. Its prime ±248 fronting footage on the scenic Sound of Ft. Walton Beach, Florida, as well as ±248' along Miracle Strip Parkway, is within ±½ mile from the spectacular Brooks Bridge (under development and construction), as well as a pedestrian friendly, short walk to the historic downtown district of Fort Walton Beach, Florida. The combined total waterfront acreage is ±2.47, while the dimension of the two contiguous, combined parcels is as follows: 248' x 230' x 248' x 218'. The assemblage is offered as-is, where-is, with no attributable value to the current structures onsite. Buyer must verify zoning, potential development entitlements, riparian rights (dock / "marina") through the City of Ft. Walton Beach, Okaloosa

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Home facts

  • Listing ID #:982793
  • Added:197 day(s) ago
  • Updated:February 24, 2026 at 03:52 PM

Structure and exterior

  • Lot area:2.47 Acres

Schools

  • High school:Choctawhatchee
  • Middle school:Bruner
  • Elementary school:Elliott Point

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$7,950,000
  • Tax amount:$6,412 (2024)
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