53 Beal Parkway
Fort Walton Beach, FL 32548
$450,000
About This Property
Now available for sale, 53 Beal Pkwy presents an owner-user or investment opportunity in the heart of Fort Walton Beach. Situated on approximately 0.31 acres and zoned General Commercial (CG) within the City of Fort Walton Beach, this ±3,488 SF building offers exceptional visibility with approximately 75 ft. of frontage along Beal Pkwy, plus 60 ft. of rear access along Shell Avenue, creating convenient pass-through circulation and potential drive-thru functionality. Additional highlights include a 14,400 daily traffic count, ample on-site parking, and positioning within Fort Walton Beach's CRA District, along with close proximity to Downtown FWB, where significant public and private investment is currently underway, including a new multi-family development at 1st Street and Lowery Place and the Brooks Bridge replacement project. Currently operating as a bar and grill with event space, the property is well-suited for a wide range of retail, restaurant, office, medical, or service-oriented uses, an ideal fit for owner-users, investors, or developers looking to capitalize on this rapidly evolving market.
Facts & Features
- Property Type
- commercial
- Lot Size
- 0.31 acres
- Waterfront
- No
- Short-Term Rental
- Restricted
- MLS #
- 1007525
Full MLS Details
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Property Details
- Zoning Description
- General Com
- Zoning
- General Com
- Property Condition
- Existing
- New Construction
- No
- Parcel Number
- 13-2S-24-0000-0032-0000
Financial
Taxes and fees as reported to the MLS by the listing office.
- Sold As Is
- No
Lot
- Legal Description
- BEG NW COR NW1/4 OF SW1/4 E 332 FT S 576 FT FOR BEG S 74
- Measurement
- Acres
- Size
- 0.31
- Dimensions
- 74x200x61x200
- Square Feet
- 13503.6
Listing courtesy of Taylor Allen Properties LLC - Christopher L Wooten, (850) 502-9900.
Location
Fort Walton Beach, FL
Around Villa Di Mare
- Properties
- 106
- Second Homes / Seasonal
- 48%
Area estimates for the nearest Census neighborhood. Source: LiveBy, via the U.S. Census Bureau American Community Survey 2023. Provided for general information only and never a basis for housing decisions on race, color, religion, sex, familial status, national origin, disability, or any other protected class.
FEMA flood zone X: minimal risk. Outside the 500-year floodplain on FEMA's map. Flooding can still happen anywhere it rains.
Source: FEMA National Flood Hazard Layer, map 12091C. The zone is the map's designation for this point, not a determination for the parcel or the building; a lender's flood zone determination or an elevation certificate governs.
Hurricane evacuation zone D, Okaloosa County. Counties call evacuations by zone, A first, so a home in zone D is asked to leave after zones A through C. Orders come from Okaloosa County emergency management.
Source: Okaloosa County GIS, Evacuation Zones. The zone is the map's designation for this point; it is not a forecast of wind or surge for the building. Confirm the zone for this address on the county's Evacuation Zone Search.
Within a half mile
Checking the map.
Price History
1 price on record for this listing.Show historyHide
Listed July 13, 2026 at $450,000. No price changes recorded.
List prices reported to the MLS for this listing.
Monthly Payment Estimate
20% down, 30-year fixed at 7.24%, the Freddie Mac average.$2,453/moShow the breakdownHide the breakdown
- Principal and interest
- $2,453/mo
- Property taxes
- Not reported
- Estimated monthly total
- $2,453/mo
Assumes 20% down ($90,000) on the $450,000 list price and a 30-year fixed loan at 7.24%, the Freddie Mac national average for the week of October 29, 2026.
Adjust the rate, down payment or term
An estimate for planning only, not a loan offer or a quote. It leaves out homeowners insurance, mortgage insurance and flood insurance, any of which a lender may require. Taxes are the amount the listing office reported to the MLS and are reassessed after a sale. Confirm terms with a lender.
Schools
The 5 schools nearest this home, with distances. Not an attendance assignment.Show schoolsHide
- Beulah Christian Academy0.3 mi from this home109 McGriff St NE, Fort Walton Beach · (850) 243-8452
- First United Methodist School0.4 mi from this home103 1st St SE, Fort Walton Beach · (850) 243-0431
- St Mary Catholic School0.4 mi from this home110 Robinwood Dr SW, Fort Walton Beach · (850) 243-8913
- Okaloosa Virtual Instruction Program0.5 mi from this homeOkaloosa County School District · 120 Lowery Pl SE, Fort Walton Beach · (850) 833-3100
- Montessori Learning Center0.6 mi from this home28 Miracle Strip Pkwy SW # 2, Fort Walton Beach · (850) 244-1775
Source: LiveBy. Schools shown are the nearest to this home, not an attendance assignment - enrollment and attendance zones are set by the school district and can change, so please confirm directly with the district.
