1013 Marwalt Drive D, Fort Walton Beach, FL 32547
Office suite with multiple work areas and reception potential, offering convenient client and staff access in Fort Walton Beach.
- Added:
- Jun 30, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 1 at 5:11 am
Property Features for 1013 Marwalt Drive D
General Information
- Standard status
- Active
- Size
- 2,500 SF
Listing office (850) 852-7653
Listing date Jun 30, 2026
Source Stagerightgroup.idxbroker
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All listing content including descriptions, pricing, images are the copyrighted material of Brian and Mel Marshall
HighLights
- 2,500 SF commercial office suite at 1013 Mar Walt Drive in Fort Walton Beach
- Asking price listed at $400,000 for this office space
- Functional layout with multiple work areas and reception potential
- Convenient access for clients and staff
Overview
Located at 1013 Marwalt Drive D in Fort Walton Beach, the property is described as being in a well-traveled area with strong visibility and accessibility. The offering also notes that other units at this location are available, which can support multi-suite requirements or phased occupancy planning.
For owner-occupants, the space’s combination of work areas and reception-friendly layout supports day-to-day operations for a practice, office team, or professional service provider. For investors, the property is presented as an affordable commercial office option with multiple available units at the same site, offering flexibility for tenanting strategies around professional and medical-oriented businesses.
Local 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 | $52.5k | $21.00 |
| − Vacancy | −$9.5k | −$3.78 |
| EGI | $43.1k | $17.22 |
| − OpEx | −$10.8k | −$4.31 |
| NOI | $32.3k | $12.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Walton Beach
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.634822
- Latitude
- 30.4559097
