142-144 Se Highway 98, Fort Walton Beach

$1,500,000

0 Bed
0 Bath
.14 Acre
0 Garage

Prime commercial opportunity in the heart of downtown Fort Walton Beach at 142-144 Highway 98 SE. Offering approximately 4,275 total square feet, this versatile property features a huge open layout that can function as one expansive space or easily be divided into two separate units. The interior currently includes multiple office areas, two bathrooms, and abundant open space, allowing flexibility for a wide range of uses including retail, office, restaurant, showroom, entertainment, or other income-producing concepts.
Positioned directly across from The Landing Park, this high-visibility location benefits from strong traffic, excellent exposure, and proximity to the waterfront, restaurants, events, and downtown activity. Unique potential exists for a rooftop bar or entertainment venue, subject to city approval, creating an incredible opportunity to capitalize on water views and the growing downtown atmosphere.
Whether you are an owner-user, investor, or developer, this property offers outstanding flexibility and long-term upside in one of downtown Fort Walton Beach's most recognizable commercial corridors.

Essential Information
MLS® #1003486
Price$1,500,000
Acres0.14
TypeCommercial Sale
StatusActive
Community Information
Address142-144 Se Highway 98
Area12 - Fort Walton Beach
CityFort Walton Beach
CountyOkaloosa
StateFL
Zip Code32548
Listing Details
OfficeColdwell Banker Realty
Property History
Price Reduced from $1,750,000 to $1,500,000
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Listing information last updated on October 18th, 2026 at 1:52pm CDT.