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Lynn Haven Flex/Warehouse Space

1119 Florida Avenue Lynn Haven, FL 32444

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Flex space with open office and high-ceiling warehouse.

Type:Office
Property size:
6,419 SF
Price / SF:
$128/SF
Added:
May 14, 2026
Days on Market:
61
Last Refresh:
Jul 4 at 12:50 pm

Property Features for 1119 Florida Avenue

General Information

Standard status
Active
Size
6,419 SF
Property subtype
Office

Building Details

Year Built
1975

Listing office ERA Neubauer Real Estate

Listing date May 14, 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 ERA Neubauer Real Estate


Investment Insights

Based on property information with market context.

Located in Lynn Haven, this property is situated one parcel off Hwy 77 (Ohio St). It features a large, open office area with a kitchen and a warehouse with high ceilings. The property is suitable for a distribution company, an office with a large staff, or a church. The property size is 6419 square feet.

Key Highlights

  • Super location in the heart of Lynn Haven, just off Hwy 77 (Ohio St)
  • Large 'open' office area with kitchen
  • Large ft. ceiling warehouse

Local Financial Insights For Flex RnD

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 $90.1k $14.04
− Vacancy −$4.7k −$0.73
EGI $85.4k $13.31
− OpEx −$29.9k −$4.66
NOI $55.5k $8.65
6,419 SF · lease $14.04/SF/yr · vacancy 5.20% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$793.3K
$694.2K – $925.6K (±1% cap)
NOI $55,534 @ 7.0% cap · market cap 6.73%
Second Best
Warehouse
$694.6K
$607.8K – $810.4K (±1% cap)
NOI $48,621 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M (±1% cap)
NOI $130,919 @ 7.0% cap · market cap 15.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Leitz Office Products Furniture & Home Goods

Suggested Use

Law Firm Real Estate Agency Dental Office Spa & Massage Center Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store Grocery & Convenience Store Gym & Fitness Center Auto Repair Shop

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

FAQs

What type of property is this?
Flex space - Flex space with open office and high-ceiling warehouse.
Where is this flex space located?
The property is located at 1119 Florida Avenue Lynn Haven, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Super location in the heart of Lynn Haven, just off Hwy 77 (Ohio St); Large 'open' office area with kitchen; Large ft. ceiling warehouse
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