Fort Walton Beach, FL Flex Space for Sale

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Updated: Apr 23

Freestanding Warehouse Showroom

431 NW Racetrack Road, Fort Walton Beach, FL 32547

$750,000

5,500 sqft

Freestanding, income‑producing property occupied by Wesco Gas
Highly visible location along Racetrack Road in Fort Walton Beach, FL
Glass storefront with open showroom, plus 2 restrooms, several offices, and a kitchen/break area
Rear warehouse totals about 3,000 SF with two roll‑up doors
New LVP flooring and functional layout with about 2,500 SF showroom/office plus warehouse space

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Updated: May 20, 2025

Office/Warehouse in Fort Walton Beach

2 NW Racetrack Road, Fort Walton Beach, FL 32547

$1,250,000

9,760 sqft 0.81 AC lot

Freestanding 9760 sf Office/Warehouse
Excellent access and visibility on .8 acres
Features 5140 sf of Office/Showroom and 4620 sf of warehouse space
Includes 30 parking spaces
Access from both Mooney Rd and Racetrack Rd

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Fort Walton Beach Flex Space

107 Truxton Avenue, Fort Walton Beach, FL 32547

$1,015,000

8,700 sqft 0.44 AC lot

8700 SF flex space with office and warehouse.

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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

Versatile Commercial Property Near Downtown

223 NE Troy Street, Fort Walton Beach, FL 32548

$1,650,000

39,639 sqft

Office, flex, and warehouse space near Yacht Club/Ferry Park.

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Fort Walton Beach Flex Building

817 Navy Street, Fort Walton Beach, FL 32547

$730,000

7,325 SF flex building with three rental spaces for sale.

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Industrial Park Flex/Warehouse Space

658 Lovejoy Rd NW, Fort Walton Beach, FL 32548

Contact for pricing

20,751 sqft 1.00 AC lot

Income-producing flex/warehouse space in Fort Walton Beach industrial park.

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Multi-Use Flex Space Building

749 N BEAL, Fort Walton Beach, FL 32547

Contact for pricing

100,000 sqft

Versatile office, retail, and warehouse space totaling approximately 40,000 sf, available for sale in Fort Walton Beach.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 7 Active listings in Fort Walton Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Flex Space with Dual Suites

36468 Emerald Coast Pkwy Lot 5, Destin, FL 32541

$825,000

3,000 sqft 0.64 AC lot

Adaptable commercial building with private offices, warehouse areas, kitchens, restrooms, and separate suite access.

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Office Warehouse Flex Unit

303 Azalea Drive, Destin, FL 32541

Contact for pricing

7,428 sqft

Flex office and warehouse unit includes private offices, kitchenette, and a high-clear warehouse with two overhead doors.

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Flex Space Unit in Holiday Plaza

Ste-106-12273 Us Highway 98 W, Miramar Beach, FL

$450,000

1,500 sqft

Versatile unit with updated restroom and break room, plus covered loading and added lockable storage.

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Freestanding Flex Space with Loading Dock

12170 Us-98, Miramar Beach, FL 32550

$3,995,000

Freestanding commercial space combines finished showroom, offices, warehouse capacity, and semi-accessible loading infrastructure.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Highway Access

16463 S Us Highway 331, Freeport, FL 32439

$1,400,000

2.75 AC lot

Commercial land with two road frontages near a signalized US Highway 331 intersection in Freeport.

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Off-Market Properties in Fort Walton Beach, FL

Consider similar Off-Market properties in Fort Walton Beach, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

LIGHT INDUSTRIAL

212 Hollywood SW Blvd, Fort Walton Beach, FL 32548-4726

$550,000

Estimated value

16,653 sqft 1.99 AC lot

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LIGHT INDUSTRIAL

65 Hl NW Ave, Fort Walton Beach, FL 32548-7039

$590,000

Estimated value

20,359 sqft 3.18 AC lot

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LIGHT INDUSTRIAL

46 Hl NW Ave, Fort Walton Beach, FL 32548

$1,405,000

Estimated value

16,382 sqft 3.00 AC lot

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Flex space

195 Brooks St, Fort Walton Beach, FL 32548

Value Estimation by Request

4,062 sqft 1.87 AC lot

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LIGHT INDUSTRIAL

557 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4038

$1,330,000

Estimated value

22,804 sqft 4.44 AC lot

View details

Fort Walton Beach, FL Flex Space Market Trends and Statistics

Explore 12 flex space for sale in Fort Walton Beach, FL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 184,350 square feet of properties for sale, with an estimated market value of $5,395,000.

Sale prices for business spaces in Fort Walton Beach, FL start at $730,000, averaging $1,079,000, and reaching up to $1,650,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$899.2K
32548	$1.7M

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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