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1950 W Highway 98 - Sunset Mini Storage 8,585 SF Specialty Building Offered at $845,000 in Mary Esther, FL 32569
Investment Highlights
- 8,585 SF Self-Storage + RV Park - 62 self-storage units plus 13 RV gravel spaces on a 1.04-acre C-3 zoned parcel, delivering diversified income stream
- Built-In Value-Add Upside - 11 vacant units provide immediate lease-up opportunity with rents already at or near market
- Lean, Efficient Operations - Owner-operated with no staff, low operating expenses, and flexible month-to-month tenants.
- Prime Highway 98 Frontage - Direct exposure along Hwy 98 with ±46,000 vehicles/day, surrounded by dense residential neighborhoods in Okaloosa County.
- Storage + RV Demand Driver - Self-storage combined with RV parking captures strong coastal and military-adjacent demand in the Mary Esther market.
- Simple & Durable Construction - Three metal buildings (built 1997) totaling approx. 8,585 SF, historically low maintenance and easy to manage.
Executive Summary
Address: 1950 W Hwy 98 Mary Esther, FL 32569
County: Okaloosa County
Zoning: C-3
Parcel ID: 15-2S-25-0000-0011-0340
Building size: 8,.585 sqft
Land size (sqft): 45,172
Land size (acre): 1.04
Layout: 62 storage units | 13 RV gravel spaces
Sewer: Connected
Water: Connected
Electric: Connected
Flood Zone: No
Road Access: Yes
Opportunity zone: False
Investment Highlights
Potential Gross Rent: $6,120.88/month
Potential NOI: $73,450.55
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
County: Okaloosa County
Zoning: C-3
Parcel ID: 15-2S-25-0000-0011-0340
Building size: 8,.585 sqft
Land size (sqft): 45,172
Land size (acre): 1.04
Layout: 62 storage units | 13 RV gravel spaces
Sewer: Connected
Water: Connected
Electric: Connected
Flood Zone: No
Road Access: Yes
Opportunity zone: False
Investment Highlights
Potential Gross Rent: $6,120.88/month
Potential NOI: $73,450.55
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
Property Facts
| Price | $845,000 | Building Class | B |
| Price Per SF | $98.43 | Lot Size | 1.05 AC |
| Sale Type | Investment | Building Size | 8,585 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 1997 |
| Zoning | HDMU | ||
| Price | $845,000 |
| Price Per SF | $98.43 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.05 AC |
| Building Size | 8,585 SF |
| No. Stories | 1 |
| Year Built | 1997 |
| Zoning | HDMU |
Amenities
- Signage
1 1
Property Taxes
| Parcel Number | 15-2S-25-0000-0011-0340 | Improvements Assessment | $221,364 |
| Land Assessment | $270,334 | Total Assessment | $491,698 |
Property Taxes
Parcel Number
15-2S-25-0000-0011-0340
Land Assessment
$270,334
Improvements Assessment
$221,364
Total Assessment
$491,698
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1950 W Highway 98 - Sunset Mini Storage
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