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    203 Cloverdale Blvd Fort Walton Beach, FL 32547

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $700,000

    4,300 SF Medical Office - Sale or Lease

    Property size:
    4,300 SF

    Description

    Added:
    Feb 4, 2025
    Days on Market:
    336
    This exceptional 4,300 square foot, two-story medical office building is ideally situated at the corner of Beal Parkway and Cloverdale Boulevard in Fort Walton Beach, Florida, zip code 32547. The property boasts a convenient location, offering easy access and proximity to a local hospital. The building features exam rooms and a waiting area on the ground floor, complemented by additional office space on the upper level, perfect for medical professionals. The building sits on a 0.303-acre lot and is currently vacant, with the previous tenant having vacated on May 31st. This presents a unique opportunity for immediate occupancy or redevelopment. Its strategic location next to a Mercedes Benz dealership ensures high visibility and accessibility. The building is offered for sale or lease, providing flexibility for potential buyers or tenants. This property represents a compelling investment opportunity in a thriving medical market. Serious inquiries are encouraged to explore this exceptional offering further. The building's size is 4,300 square feet, with no additional air rights. The net size is also 4,300 square feet. The asking price is $700,000.

    Property Features for 203 Cloverdale Blvd

    General Information

    Property type
    Other office properties
    Square Feet
    4,300 SF
    Price / Square Foot
    $162
    Class
    C
    Elevators
    N/A
    Net Rentable
    4,300 SF
    Lot Size
    13,199 SF

    Building Details

    Year Built/Renovated
    1984/1990
    Buildings
    1
    Stories
    2

    HighLights

    • 4,300 sq ft medical office building in Fort Walton Beach, FL.
    • Convenient location near Beal Pkwy and a hospital.
    • Available for sale or lease; current tenant vacates May 31st.
    Location Intelligence

    Current Use by Public Records

    Lifestyle Counseling Counselor Millennium Physician Group ... Medical Clinic Sonya Gilmore, APRN Nurse Practitioner James Wilson, MD Internist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    State
    Florida
    Longitude
    -86.63914
    Latitude
    30.452123

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    FAQs

    What type of property is this?
    Office property - 4,300 SF Medical Office - Sale or Lease
    Where is this office property located?
    The property is located at 203 Cloverdale Blvd Fort Walton Beach, FL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 4,300 sq ft medical office building in Fort Walton Beach, FL.; Convenient location near Beal Pkwy and a hospital.; Available for sale or lease; current tenant vacates May 31st.
    (850) 564-0120
    Request Owner's contact information
    203 Cloverdale Blvd Fort Walton Beach, FL 32547
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    Fort Walton Beach, FL 32547
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    Realmo Value Estimation

    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.

    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.

    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
    203 Cloverdale Blvd Fort Walton Beach, FL 32547
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