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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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757 E Miracle Strip Parkway Pkwy , Mary Esther, FL 32569
$5,000,000
Est. Payment: $27,624.28/mo
5.03 Acres
Status: Active | Days on site: 369
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ECF1 - TECFL2,E32040
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly Team, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Harrison Lilly Team
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House Description

Discover an unparalleled waterfront property offering endless possibilities for development. This rare gem consists of three adjacent parcels spanning over 400 feet of pristine water frontage, creating an exceptional opportunity for investors, developers, or visionary buyers. Situated on 5 acres of prime land, this property boasts tremendous potential for commercial use or rezoning for residential development. Whether you envision a luxury waterfront community, an exclusive private estate, or a thriving commercial venture, this location provides the perfect canvas to bring your vision to life. Adding to its appeal, this property has already been approved for condominium development, presenting a seamless opportunity for those looking to capitalize on a high-demand market.
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Highlights

Listed by Spears Group , 850-710-2114 and Myles B Jones , 631-428-9699 Compass , 850-296-9769. Emerald Coast Multiple Listing Services

Property Type

Vacant Land
Lot/Acreage
5.03

County

Okaloosa

Area

12 - Fort Walton Beach

 Neighborhood

N/A

Listing ID

971863

Questions about this listing?

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Interior Features

Exterior Features

Lot:Cleared,Within 1/2 Mile to Water,Intracoastal Wtrwy
Lot Dimensions:Approx. 410 x 600
Zoning:Business, Commercial
Sewer:Public Sewer
Principal Interest
$27,624
Taxes
$3,188

Home Price

$5,000,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$1,000,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$27,624.28

Principal

Taxes

Principal Taxes HOA Total
Monthly $27,624.28 $3,187.50 $0.00 $30,811.78
Yearly $331,491.36 $38,250.00 $0.00 $369,741.36
Total $9,944,740.73 $1,147,500.00 $0.00 $11,092,240.73

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Mary Esther, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T11:00:03.000Z

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