Strontium ferrite (hexaferrite), SrFe12O19, was successfully fabricated in sizes ranging from hundreds of nanometers to several micrometers by salt-assisted ultrasonic spray pyrolysis-calcination using different salt media. All samples were single phases of SrFe12O19 without the intermediate phase, α-Fe2O3, and their morphology was hexagonal. As calcination temperature increased, the size of as-calcined samples and saturation magnetization, Ms, increased while coercivity decreased. The particle size of the obtained nanoparticles varied depending on the salt media and calcination temperatures. The best magnetic properties obtained in this experiment were a coercivity of 6973 Oe with a saturation magnetization of 68.3 emu/g. To the best of our knowledge, these coercivity values are the highest ever obtained. We propose a detailed mechanism explaining the growth of these particles and conclude that the resulting single-domain particle size is about 70 nm, taking into account of factors affecting coercivity in ferrite nano- to micro-sized particles.