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    12 Eglin Pkwy SE, , FL Fort Walton Beach, FL 32548

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $520,000

    High-traffic location, versatile space, great investment.

    Property size:
    2,828 SF

    Description

    Added:
    Feb 7, 2025
    Days on Market:
    334
    This exceptional 2,828 square foot retail space is ideally situated in Fort Walton Beach, Florida, on Eglin Parkway SE, boasting a daily traffic count of 37,000 (2022 data). The property sits on a 0.25-acre lot and offers ample parking. The interior features a large, open space perfect for a variety of uses, including restaurants, bars, clubs, or liquor stores. Additional features include a spacious restroom, an existing office, and adaptable rooms easily converted into a kitchen or additional private spaces. Its prime location in a thriving retail corridor places it within minutes of top restaurants, retail establishments, and offices in Fort Walton Beach, and close proximity to Eglin Air Force Base. The property also benefits from its convenient location near the beautiful Gulf Coast beaches, hotels, and the nearby city of Destin. A survey is available for review. This presents a unique opportunity for an investor seeking a versatile and well-located commercial property in a high-traffic area. The property is priced at $520,000.

    Property Features for 12 Eglin Pkwy SE, , FL

    General Information

    Property type
    Other retail properties
    Square Feet
    2,828 SF
    Price / Square Foot
    $183
    Elevators
    N/A
    Lot Size
    10,981 SF

    Building Details

    Year Built/Renovated
    1964/1984
    Buildings
    1
    Stories
    1

    HighLights

    • High‑traffic location with 37,000 daily vehicles passing (2022 data).
    • Spacious 2,828 sq ft interior, including office, restroom, and adaptable rooms.
    • Prime retail corridor near Eglin AFB and FWB's best restaurants and beaches.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    State
    Florida
    Longitude
    -86.604404
    Latitude
    30.41099

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    FAQs

    What type of property is this?
    Other retail property - High-traffic location, versatile space, great investment.
    Where is this other retail property located?
    The property is located at 12 Eglin Pkwy SE, , FL Fort Walton Beach, FL.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: High-traffic location with 37,000 daily vehicles passing (2022 data).; Spacious 2,828 sq ft interior, including office, restroom, and adaptable rooms.; Prime retail corridor near Eglin AFB and FWB's best restaurants and beaches.
    (850) 564-0120
    Request Owner's contact information
    12 Eglin Pkwy SE, , FL Fort Walton Beach, FL 32548
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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
    12 Eglin Pkwy SE, , FL Fort Walton Beach, FL 32548
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