Professional Office
1013 Mar Walt Dr Fort Walton Beach, FL 32547
For Sale
Contact for pricing
Office suite with multiple work areas and client-facing reception space, offered for sale as an owner-occupant or investment option.
Property Size1,200 SF
Price / SF$166.67
Days on Market161
Property Features for 1013 Mar Walt Dr
General Information
Standard status
Active
Size
1,200 SF
Property subtype
OFFICE
Listing Agency:
NBI Properties, Inc.
(850) 217-0303
Listed By:
Craig Barrett · License #3294646
(850) 217-0303
Source:
Moodyscre
Added: Feb 19
Changed: Jul 29
Last Checked: Jul 29 at 9:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NBI Properties, Inc.
Investment Insights
Based on property information with market context.
This for-sale office suite offers a functional interior layout with multiple work areas and space suitable for a reception setup. The property is presented as a commercial real estate opportunity tailored to professional services, medical, or small business uses.
The building is located at 1013 Mar Walt Dr in Fort Walton Beach, in a well-traveled area with convenient access for clients and staff. The offering emphasizes visibility and accessibility for those visiting the space.
The suite configuration is designed to support front-desk interaction alongside separate work areas, making it practical for day-to-day operations. Size is listed as 1,200 square feet.
The building is located at 1013 Mar Walt Dr in Fort Walton Beach, in a well-traveled area with convenient access for clients and staff. The offering emphasizes visibility and accessibility for those visiting the space.
The suite configuration is designed to support front-desk interaction alongside separate work areas, making it practical for day-to-day operations. Size is listed as 1,200 square feet.
Key Highlights
- Office suite for sale at 1013 Mar Walt Drive, Fort Walton Beach
- 1,200 SF commercial space offered at $200,000
- Includes multiple work areas plus client‑facing reception potential
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.2k | $21.00 |
| − Vacancy | −$4.5k | −$3.78 |
| EGI | $20.7k | $17.22 |
| − OpEx | −$5.2k | −$4.31 |
| NOI | $15.5k | $12.92 |
1,200 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$221.4K
$193.7K – $258.3K
NOI $15,498 @ 7.0% cap · market cap 7.75%
Second Best
Healthcare Medical
$193.3K
$169.2K – $225.5K
NOI $13,532 @ 7.0% cap · market cap 6.77%
Theoretical Best
Specialty Retail
$462.4K
$404.6K – $539.5K
NOI $32,371 @ 7.0% cap · market cap 16.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office suite with multiple work areas and client-facing reception space, offered for sale as an owner-occupant or investment option.
Where is this office units located?
The property is located at 1013 Mar Walt Dr Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Office suite for sale at 1013 Mar Walt Drive, Fort Walton Beach; 1,200 SF commercial space offered at $200,000; Includes multiple work areas plus client‑facing reception potential
