# 320 E Miracle Strip Parkway, Mary Esther, FL 32569 > **TL;DR:** commercial, $9,600,000. Est. $51,343/mo. Listed 104 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $9,600,000 | | Lot Size | 892,109 sqft (20.48 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 104 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $48,543 | | Estimated Insurance | $2,800 | | **Total** | **$51,343** | ## Property Highlights - 20.48 acre lot ## Description ### Agent Description Power Center Site! Positioned directly along the high-traffic US Highway 98 corridor, this prominent 20+/- acre property presents a rare commercial acquisition, redevelopment, and adaptive-reuse opportunity in Mary Esther. Located adjacent to Target and Hampton Inn, the property offers exceptional visibility and convenient access to Fort Walton Beach, Hurlburt Field, surrounding, beaches, bays commercial and residential areas, and destinations throughout the Emerald Coast. The site includes developed existing school that was in operation in 2026. The buildings combined are approximately 53,186 square feet with existing improvements, offering potential for repurposing or integration into a larger redevelopment vision. With prime frontage along E. Miracle Strip Parkway ( US Hwy 98) and potential access extending to Hollywood Boulevard, the property provides the scale, exposure, and connectivity to accommodate a variety of future concepts. Currently zoned Public Use and adjoining C-1, C-2, and residential zoning, the site may offer potential for commercial power center, hospitality, multifamily, mixed-use, medical, senior-living, or other redevelopment opportunities, subject to rezoning and all applicable land-use regulations and governmental approvals. Creative site planning and evaluation of the property's developed and undeveloped acreage may provide additional opportunities to maximize the site's potential. Bring your engineer and development paint brush to Mary Esther, Ft Walton Beach area today! ## Location - **Address:** 320 E Miracle Strip Parkway, Mary Esther, FL 32569 - **County:** Okaloosa - **Coordinates:** 30.410692, -86.657673 - **Google Maps:** https://www.google.com/maps?q=30.410692,-86.657673 ## Listing Agent - **Name:** Your House Team - **Brokerage:** RE/MAX Agency One, Inc. - **Broker Phone:** (850) 682-8309 ## Photos ![320 E Miracle Strip Parkway - Photo 1](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f186954680r.jpg) ![320 E Miracle Strip Parkway - Photo 2](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2530611019r.jpg) ![320 E Miracle Strip Parkway - Photo 3](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f41094919r.jpg) ![320 E Miracle Strip Parkway - Photo 4](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f1173647151r.jpg) ![320 E Miracle Strip Parkway - Photo 5](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2724069353r.jpg) ![320 E Miracle Strip Parkway - Photo 6](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f1799922205r.jpg) ![320 E Miracle Strip Parkway - Photo 7](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2616969773r.jpg) ![320 E Miracle Strip Parkway - Photo 8](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f3326685167r.jpg) ![320 E Miracle Strip Parkway - Photo 9](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f3570490366r.jpg) ![320 E Miracle Strip Parkway - Photo 10](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f422932141r.jpg) ![320 E Miracle Strip Parkway - Photo 11](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f444776589r.jpg) ![320 E Miracle Strip Parkway - Photo 12](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2921362596r.jpg) ![320 E Miracle Strip Parkway - Photo 13](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2922638120r.jpg) ![320 E Miracle Strip Parkway - Photo 14](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f338213438r.jpg) ![320 E Miracle Strip Parkway - 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Photo 24](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f1805963154r.jpg) ![320 E Miracle Strip Parkway - Photo 25](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f3486106524r.jpg) ![320 E Miracle Strip Parkway - Photo 26](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f3405047564r.jpg) ![320 E Miracle Strip Parkway - Photo 27](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f60999009r.jpg) ![320 E Miracle Strip Parkway - Photo 28](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f3361570347r.jpg) ![320 E Miracle Strip Parkway - Photo 29](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2955468869r.jpg) ![320 E Miracle Strip Parkway - Photo 30](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2760927723r.jpg) ![320 E Miracle Strip Parkway - Photo 31](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f3585030153r.jpg) ![320 E Miracle Strip Parkway - Photo 32](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2791520833r.jpg) ![320 E Miracle Strip Parkway - 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Photo 42](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2836907329r.jpg) ![320 E Miracle Strip Parkway - Photo 43](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2479378270r.jpg) ![320 E Miracle Strip Parkway - Photo 44](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2023592204r.jpg) ![320 E Miracle Strip Parkway - Photo 45](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2533260707r.jpg) ![320 E Miracle Strip Parkway - Photo 46](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f320511283r.jpg) ![320 E Miracle Strip Parkway - Photo 47](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f3123290502r.jpg) ![320 E Miracle Strip Parkway - Photo 48](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2425709542r.jpg) ![320 E Miracle Strip Parkway - Photo 49](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f989820576r.jpg) ![320 E Miracle Strip Parkway - Photo 50](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f269073042r.jpg) ![320 E Miracle Strip Parkway - Photo 51](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f265743466r.jpg) ![320 E Miracle Strip Parkway - Photo 52](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f1802287111r.jpg) ![320 E Miracle Strip Parkway - Photo 53](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f1262663769r.jpg) ![320 E Miracle Strip Parkway - Photo 54](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f1453062253r.jpg) ![320 E Miracle Strip Parkway - Photo 55](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2866894510r.jpg) ![320 E Miracle Strip Parkway - Photo 56](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f3486692460r.jpg) ![320 E Miracle Strip Parkway - Photo 57](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2151834041r.jpg) ![320 E Miracle Strip Parkway - Photo 58](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2779274111r.jpg) ![320 E Miracle Strip Parkway - Photo 59](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2218270879r.jpg) ![320 E Miracle Strip Parkway - Photo 60](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f1250890849r.jpg) ![320 E Miracle Strip Parkway - Photo 61](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f1250223229r.jpg) ![320 E Miracle Strip Parkway - Photo 62](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2548603309r.jpg) ![320 E Miracle Strip Parkway - Photo 63](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2142241035r.jpg) ![320 E Miracle Strip Parkway - Photo 64](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f2538257512r.jpg) ![320 E Miracle Strip Parkway - Photo 65](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f3487941791r.jpg) ![320 E Miracle Strip Parkway - Photo 66](http://lh.rdcpix.com/ccb0600ba67580f87a66fd381bc93c62l-f4248743561r.jpg) --- **MLS#:** 1007838 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/320-e-miracle-strip-parkway-mary-esther-fl-32569-e8d04c176bc74620acfe059ada5278db) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/320-e-miracle-strip-parkway-mary-esther-fl-32569-e8d04c176bc74620acfe059ada5278db#listing", "url": "https://staging.propertysimple.ai/listing/320-e-miracle-strip-parkway-mary-esther-fl-32569-e8d04c176bc74620acfe059ada5278db", "name": "320 E Miracle Strip Parkway, Mary Esther, FL 32569", "description": "Power Center Site! Positioned directly along the high-traffic US Highway 98 corridor, this prominent 20+/- acre property presents a rare commercial acquisition, redevelopment, and adaptive-reuse opportunity in Mary Esther. 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Currently zoned Public Use and adjoining C-1, C-2, and residential zoning, the site may offer potential for commercial power center, hospitality, multifamily, mixed-use, medical, senior-living, or other redevelopment opportunities, subject to rezoning and all applicable land-use regulations and governmental approvals. Creative site planning and evaluation of the property's developed and undeveloped acreage may provide additional opportunities to maximize the site's potential. 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