Fort Walton Beach, FL Commercial Real Estate for Sale

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Updated: Aug 26

Renovated Office Building with Backyard

139 NE Staff Drive, Fort Walton Beach, FL 32548

$419,000

0.23 AC lot

Renovated office property on a 0.23‑acre parcel
Three private offices and a large conference room
Two bathrooms, including one full bathroom with shower
Heated and cooled storage plus kitchenette
Large backyard with flexible outdoor‑use potential

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Updated: May 27

Auto Service Shop with Retail Space

799 Navy Street, Fort Walton Beach, FL 32547

$599,000

0.31 AC lot

Two buildings totaling approximately 4,011 square feet
Primary building measures approximately 3,102 square feet
Secondary building contains approximately 909 square feet
MU zoning supports the stated commercial property configuration
Located at 799 Navy Street in Fort Walton Beach, FL 32547

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Office Duplex with Fenced Yard

58 Beal Parkway, Fort Walton Beach, FL 32548

$524,900

0.24 AC lot

Flexible layout supports separate suites or a combined professional workspace.

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See what stands out in Okaloosa County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

NNN Auto Body Property

700 Edge St, Fort Walton Beach, FL 32547

$1,371,429

10,472 sqft 1.03 AC lot

Leased collision repair facility with long-term triple-net structure and nearby national retail anchors.

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Flexible Mixed-Use Property

142-144 SE Highway 98, Fort Walton Beach, FL 32548

$1,500,000

0.14 AC lot

Open interior can be configured as one space or divided into two separate units.

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Freestanding Storefront Building

507 NW Mary Esther Cut Off, Fort Walton Beach, FL 32548

$1,385,000

0.27 AC lot

Renovated freestanding property with updated finishes, new HVAC, and a metal roof.

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Bar and Pub with Event Space

53 SW Beal Parkway, Fort Walton Beach, FL 32548

$450,000

0.31 AC lot

CG-zoned commercial property offers Beal Parkway exposure, rear access, parking, and circulation suited to varied business operations.

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Gulf-Front Two-Story Office Building

348 SW Miracle Strip Parkway 34/35, Fort Walton Beach, FL 32548

$699,950

4,866 sqft

Office property with private rooms, expansive work areas, on-site bathrooms, parking, and direct Gulf views.

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Medical Office Property with Two Units

914B Marwalt Drive, Fort Walton Beach, FL 32547

$670,000

0.09 AC lot

C-3-zoned facility includes exam rooms, administrative areas, and shared complex parking.

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Renovated Commercial Kitchen Facility

350 NE Eglin Parkway, Fort Walton Beach, FL 32547

$1,250,000

0.49 AC lot

Renovated commercial kitchen facility with attached equipment, restaurant conversion potential, and dedicated parking.

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Divisible Retail Space

142144 142-144 Se Highway 98, Fort Walton Beach, FL 32548

$1,500,000

4,275 sqft

Open commercial layout with offices and two bathrooms, adaptable for retail, office, restaurant, showroom, or entertainment uses.

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Gulf-Front Two-Story Office Building

348 SW Miracle Strip Parkway, Fort Walton Beach, FL 32548

$699,950

5.22 AC lot

Office property with private rooms, flexible common areas, restrooms, parking, and direct Gulf views.

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Mixed-Use Property With Auto Bays

20 NE Hollywood Boulevard, Fort Walton Beach, FL 32548

$2,800,000

2.76 AC lot

MX-2 zoning supports varied commercial uses across shop, warehouse, office, and outdoor storage areas.

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Renovated Office Building with Backyard

139 NE Staff Dr, Fort Walton Beach, FL 32548

$419,000

10,019 sqft

Renovated office property with private offices, conference space, and an expansive rear yard.

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Fenced Commercial Land

16 SE Shell Avenue, Fort Walton Beach, FL 32548

$125,000

0.12 AC lot

Enclosed commercial parcel with dual gated access and existing boat and vehicle storage use.

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Four-Residence Multifamily Property

322 Green Acres Road, Fort Walton Beach, FL 32547

$590,000

0.68 AC lot

Four separately rented residences with varied housing types, parking, laundry hookups, and a fenced workshop on a commercial-compatible site.

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Medical Office Space For Sale

914B Marwalt Drive, Fort Walton Beach, FL 32547

$670,000

4,058 sqft

Medical office space with lease income until September 2027.

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Freestanding Flex Space with Warehouse

431 NW Racetrack Road, Fort Walton Beach, FL 32547

$750,000

0.36 AC lot

Freestanding commercial space combines showroom, offices, warehouse capacity, and secured outdoor storage.

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Mixed-Use Property with Garage

107 SE Beal Parkway, Fort Walton Beach, FL 32548

$420,000

5,663 sqft

MX-1 zoning supports residential and compatible commercial uses, subject to applicable approvals.

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Remodeled Live-Work Space

31 NE Kelly Avenue, Fort Walton Beach, FL 32548

$324,900

0.17 AC lot

C-2 zoning supports combined business and residential use with access from two streets.

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Professional Office Suite

1013 Marwalt Drive B, Fort Walton Beach, FL 32547

$200,000

1,200 sqft

Office suite with multiple work areas and client-facing reception space, offered for sale as an owner-occupant or investment option.

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Second-Floor Office Condo

139 Beal Parkway, Fort Walton Beach, FL 32548

$89,900

0.98 AC lot

Flexible professional workspace with a private office, restroom, and new carpet.

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Bar & Grill with Event Space

53 Sw Beal Pkwy, Fort Walton Beach, FL 32548

$450,000

3,488 sqft 0.31 AC lot

Bar and grill building with event space, 75 ft frontage on Beal Pkwy, and rear access along Shell Avenue.

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Mixed-Use Commercial Land

127 SW Beal Parkway, Fort Walton Beach, FL 32548

$175,000

0.11 AC lot

MX-1-zoned site with an existing structure near U.S. Highway 98.

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Fort Walton Beach, FL Commercial Real Estate Market Trends and Statistics

Explore 95 commercial real estate for sale in Fort Walton Beach, FL, showcased through 95 active listings on our real estate platform. These investment opportunities span a total of 567,032 square feet of properties for sale, with an estimated market value of $81,810,543.

Sale prices for business properties in Fort Walton Beach, FL start at $89,900, averaging $985,669, and reaching up to $6,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 59K

Population Growth (5Y) +7.7%

Median Household Income $66,255

College Educated 25.9%

High-Yield Neighborhoods for Investment

Identify Fort Walton Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
32547	$840.7K
32548	$1.4M

Taxes & Financing

Tax Rate (average for all types) 1.28%

Property Tax per SF $17.48 per SF

Tax Rate vs County Average 0.03 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Okaloosa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Okaloosa County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Fort Walton Beach fall within the 50,000 to 100,000 square foot range.

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