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


$4,300,000
124 Hwy 98
Mary Esther, FL 32569
MLS# 941845



16 Unit Office Park
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16 Unit Office Park

Property 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.

Details
Documents
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

Listing Office: NBI Properties Inc

Last Updated: February - 09 - 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.