Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2045 Fountain Professional Court Navarre, FL 32566

    View on Map
    For Lease
    $3,500 /Mo

    Professional/Office - Navarre, FL

    Property size:
    1,700 SF
    Lot size:
    0.03 Acres
    Added:
    Jan 15, 2026
    Days on Market:
    76
    Last Refresh:
    Apr 1 at 1:06 pm

    Property Features for 2045 Fountain Professional Court

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C-2
    Standard status
    Active
    APN
    22-2S-26-1278-00000-01C0
    Size
    1,700 SF
    Lot size
    0.03 Acres

    Building Details

    Year built
    2004
    Architectural style
    Other

    We can help!

    Listing Contact
    Betty Fountain

    Listing agent Betty Fountain License #BK263651

    Listing office REALTY ASSOCIATES OF SANTA ROSA, INC. 2045 Fountain P.O.essional Court Ste B, Navarre, FL

    Listing date Jan 15, 2026

    MLS# 985210 Listing URL

    Copyright © 2026 Navarre Area Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Navarre Office Space For Lease

    This commercial office space in Navarre, FL, offers 1,700 square feet of area suitable for professional or office use. The layout includes four offices measuring 10 x 13 feet each, and one larger office measuring 10 x 17.5 feet. A common hallway leads to a reception area and a 14.75 x 14.5 conference room. Staff can access the space through a back door leading to the parking lot. The property also features a common area lobby with male and female restrooms. A small kitchenette is located within the suite. The space has been newly painted and carpeted. The property has great exposure to Hwy 98. The intended use of the property is for commercial office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Navarre
    County
    Santa Rosa
    State
    Florida
    Longitude
    -86.8461204
    Latitude
    30.4083248

    Nearby Similar for Lease

    • Contact for pricing

      Navarre Office Space For Rent

      Approximately 1,500 sq ft office space available for rent.
      1756 Sea Lark Lane, Navarre, FL 32566
      View Details
    • $30/mo

      Retail Space in Publix Center

      Retail space for lease in Wynnehaven Beach/Navarre, Florida.
      10040 Navarre Pkwy, Navarre, FL
      View Details
    • $15/mo

      Navarre Office Space For Rent

      Office space available for lease in Navarre, Florida.
      8888 Navarre Pkwy, Navarre, FL
      View Details
    • $22/mo

      New Flex Space on Hwy 87

      Flex space available for rent on Hwy 87 in Navarre.
      3120 Hwy 87, Navarre, FL 32566
      View Details
    • Contact for pricing

      Navarre Parkway Food Truck Lot

      Food truck lot for lease with utilities included.
      9050 Navarre Pkwy, Navarre, FL
      View Details
    • Contact for pricing

      Retail Space at Ortega Park

      Corner retail space with high visibility in established plaza.
      8740 Ortega Park Dr, Navarre, FL
      View Details
    • $17/mo

      1,162 SF Retail For Lease (Suite 8756) - Ortega Park Plaza

      Prime 1,162 sq ft retail space in Navarre, Florida.
      8740 Ortega Park Dr, Navarre, FL 32566
      View Details
    • $17/mo

      1,562 SF Retail For Lease (Suite 8754) - Ortega Park Plaza

      1,562 SF retail space in Navarre near major retailers.
      8740 Ortega Park Dr, Navarre, FL 32566
      View Details
    • $17/mo

      2,724 SF Suite 8754 & 8756 For Lease

      2,724 SF retail space in prime Navarre location.
      8740 Ortega Park Dr, Navarre, FL 32566
      View Details
    • $17/mo

      1,162 SF Suite 8740 For Lease

      Exceptional 1,162 sq ft retail space in Navarre, Florida.
      8740 Ortega Park Dr, Navarre, FL 32566
      View Details
    • $17/mo

      1,403 SF Office Suite 8746 For Lease

      1403 sq ft office suite in prime Navarre location.
      8740 Ortega Park Dr, Navarre, FL 32566
      View Details
    • Contact for pricing

      2,400 SF Office For Lease - 1909 HWY 87, Navarre - Floor 1, Suite 1909

      2,400 SF office space in Navarre, ideal for salon.
      1911 FL-87, Navarre, FL 32566
      View Details

    FAQs

    What type of property is this?
    Office units - Commercial office space with multiple offices, reception, and conference room.
    Where is this office units located?
    The property is located at 2045 Fountain Professional Court Navarre, FL.
    What is the lease rate?
    The lease rate is $3,500 /Mo.
    What are key features of this property?
    This property features: 1,700 sq ft office space featuring multiple offices and a conference room.; High visibility location offers great exposure to Hwy 98.; Newly painted and carpeted.
    (850) 939-8770
    We can help!
    Listing Contact
    Betty Fountain
    Real Estate License ID: BK263651
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!