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    129 Eglin Pkwy SE Fort Walton Beach, FL 32548

    Source: https://www.saltercompany.com
    For Lease
    $7,000 /Mo ($15 SF/Yr)

    Prime 5,550 SF Flex Space; Ideal R&D

    Lot size:
    5,550 SF

    Description

    Added:
    Mar 20, 2025
    Days on Market:
    264
    This exceptional 5,550-square-foot flex space, located at 129 Eglin Pkwy SE in Fort Walton Beach, FL 32548, offers a unique opportunity for businesses seeking versatile commercial space. The property comprises two distinct buildings separated by a central courtyard. One building is a 1,400-square-foot office space featuring an open layout perfect for retail or workspace, complemented by two private offices and a private restroom. High ceilings add to the spacious feel. The second building is a 4,200-square-foot warehouse, climate-controlled with a new roof and spray foam insulation for superior energy efficiency. This warehouse boasts three drive-in bay doors and a private restroom, providing ample space for storage, manufacturing, or other industrial needs. The property is ideally suited for a variety of uses, including flex space, creative office environments, life sciences companies, and research and development operations. The lease is a NNN lease with a monthly rate of $7,000. The property is available for occupancy beginning February 1, 2025. This location provides excellent access to the growing downtown Fort Walton Beach area.

    Property Features for 129 Eglin Pkwy SE

    General Information

    Property type
    Flex space
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    5,550 SF
    USF (Usable sq. ft)
    5,550 SF
    Elevators
    N/A
    Total Rate
    7000

    Building Details

    Year Built
    1950
    Buildings
    2
    Stories
    1

    HighLights

    • 5,550 square foot flex space in Fort Walton Beach, FL, available February 1, 2025.
    • Features two buildings: a 1,400 sq ft office & a 4,200 sq ft warehouse with three drive‑in bays.
    • Located on Eglin Pkwy SE, ideal for flex use, R&D, or creative office space; NNN lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Vovo's Kitchen Brazilian Pastelaria Madison's Avenue Antique Store

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    State
    Florida
    Longitude
    -86.604469
    Latitude
    30.40646

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    FAQs

    What type of property is this?
    Flex space - Prime 5,550 SF Flex Space; Ideal R&D
    Where is this flex space located?
    The property is located at 129 Eglin Pkwy SE Fort Walton Beach, FL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 5,550 square foot flex space in Fort Walton Beach, FL, available February 1, 2025.; Features two buildings: a 1,400 sq ft office & a 4,200 sq ft warehouse with three drive-in bays.; Located on Eglin Pkwy SE, ideal for flex use, R&D, or creative office space; NNN lease.
    (850) 243-0007
    Request Owner's contact information
    129 Eglin Pkwy SE 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

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    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
    129 Eglin Pkwy SE Fort Walton Beach, FL 32548
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