1013 Marwalt Dr, Fort Walton Beach, FL 32547
1,200 SqFt commercial space ideal for professional services.
- Added:
- Mar 24, 2026
- Days on Market:
- 78
- Last Refresh:
- Mar 25 at 8:41 pm
Property Features for 1013 Marwalt Dr
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Office
Listing agent Jayme Nabors License #FL
Listing office NBI Properties
Listing date Mar 24, 2026
Source Crexi
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
HighLights
- Prime location in Fort Walton Beach with excellent visibility and accessibility.
- Affordable commercial property on the Emerald Coast priced at $200,000.
- 1,200 SqFt space ideal for professional services, medical, or small business use.
- Functional layout with multiple work areas and reception potential.
- Strong potential for owner‑occupants or investors.
- Other units at this space are available.
Overview
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 | $25.2k | $21.00 |
| − Vacancy | −$4.5k | −$3.78 |
| EGI | $20.7k | $17.22 |
| − OpEx | −$5.2k | −$4.31 |
| NOI | $15.5k | $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
