Fort Walton Beach Office
30 Ferry Rd SE Fort Walton Beach, FL 32548
30 Ferry Rd SE, Fort Walton Beach, FL, 32548
$670,000
For Sale
$670,000
NNN leased office building in Fort Walton Beach, Florida.
Property Size2,208 SF
Price / SF$303.44
Days on Market241
Property Features for 30 Ferry Rd SE
General Information
- Standard status
- Active
- Size
- 2,208 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing Agency
Bellcore Commercial
(850) 240-0527
Listed by
Harry Bell Jr. · License #FL #BK3026917
(850) 240-0527
Source
Bellcorecommercial
Added: Nov 21, 2025 Updated: Jul 6 at 8:28 am Checked: Jul 20 at 3:45 am
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 Bellcore Commercial
Investment Insights
Based on property information with market context.
This NNN leased office building is an investment opportunity located in an income tax-free state, situated on approximately 0.23 acres in the heart of Fort Walton Beach. The property is located in the core retail trade area and shares a parking lot with Step One Automotive Group. The location is near Eglin Parkway, a main thoroughfare experiencing over 53,000 vehicles per day. The property is within minutes of numerous national retailers, restaurants, and other businesses, including Ross Dress For Less, Ulta, Five Below, West Marine, Winn-Dixie, Party City, Buffalo Wild Wings, Five Guys, Starbucks, and Firehouse Subs. Fort Walton Beach is located between Pensacola and Panama City. The trade area is largely characterized by military personnel from Eglin Air Force Base and Hurlburt Field. Eglin Air Force Base covers over 463,000 acres and employs more than 8,500 military and approximately 4,500 civilians. Hurlburt Field has 10,782 active duty military personnel and 1,316 civilian employees, creating a stable employment base. New projects and infrastructure improvements within the Fort Walton Beach MSA have drawn private development, creating new jobs and a booming economy. The building has a size of 2208 square feet. Seller financing will be considered.
Key Highlights
- NNN Leased Office Building providing stable income in an income tax‑free state.
- Located in the core retail trade area of Fort Walton Beach with high traffic (53,000 vehicles per day).
- Proximity to Eglin Air Force Base and Hurlburt Field provides a stable employment base.
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 | $46.4k | $21.00 |
| − Vacancy | −$8.3k | −$3.78 |
| EGI | $38.0k | $17.22 |
| − OpEx | −$9.5k | −$4.31 |
| NOI | $28.5k | $12.92 |
2,208 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$407.4K
$356.5K – $475.3K
NOI $28,516 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$850.9K
$744.5K – $992.7K
NOI $59,562 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
EASY Vacation Services
Vacation Rental
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - NNN leased office building in Fort Walton Beach, Florida.
Where is this office building located?
The property is located at 30 Ferry Rd SE Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: NNN Leased Office Building providing stable income in an income tax‑free state.; Located in the core retail trade area of Fort Walton Beach with **high traffic (53,000 vehicles per day)**.; Proximity to Eglin Air Force Base and Hurlburt Field provides a stable employment base.
