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    481 Mary Esther Blvd Mary Esther, FL 32569

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    For Lease
    $9,000 /Mo ($5 SF/Yr)

    9,000 SF flex space with renovated office component.

    Property size:
    18,080 SF
    Lot size:
    0.91 Acres

    Property Features for 481 Mary Esther Blvd

    General Information

    Size
    18,080 SF
    Lot size
    0.91 Acres

    Source: NBI Properties, Inc. Agent Craig Barrett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office and Flex Space

    This property features a 9,000 square foot split-level floor plan. The first floor provides 6,000 square feet of heated and cooled space. The completely renovated second floor offers 3,000 square feet of office space. The office floor plan includes two large corner office suites, three large offices, two ADA-compliant bathrooms, and one full bathroom located within one of the large corner executive offices. The property benefits from high traffic volume, with an average daily traffic count of 40,000 vehicles. The surrounding area includes several national retailers and fast-food franchises.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mary Esther Bingo Bingo Hall

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mary Esther
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6522284
    Latitude
    30.4198603

    Nearby Similar for Lease

    • $18 SF/Yr
      6,000 SF

      Prime Mary Esther Retail Space

      High-traffic location, 6,000 SF available.
      401 Mary Esther Blvd, Mary Esther, FL 32569
      View Details
    • $15 SF/Yr
      1,077 SF

      Prime Mary Esther Office Space

      1,077 SF Office Suite Available Now
      124 Hwy 98, Mary Esther, FL 32569
      View Details
    • $2,750 /Mo
      1,152 SF

      Warehouse/Office Space For Rent

      Warehouse/office space with rollup doors and parking.
      110 Mary Esther Blvd, Mary Esther, FL 32569
      View Details
    • $6,450 /Mo
      3,818 SF

      Retail End Unit Available

      Retail end unit available in a highly visible outparcel.
      330 Mary Esther Blvd, Mary Esther, FL 32569
      View Details
    • $22 SF/Yr
      12,052 SF

      Retail Space in Dolphin Plaza

      Retail and restaurant spaces available in high-traffic Mary Esther location.
      421 Mary Esther Blvd, Mary Esther, FL 30339
      View Details

    FAQs

    What type of property is this?
    Flex space - 9,000 SF flex space with renovated office component.
    Where is this flex space located?
    The property is located at 481 Mary Esther Blvd Mary Esther, FL.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location (40,000 ADTT); - 9,000 sq ft split-level floor plan; - **6,000 sq ft of heated & cooled space on the first floor**
    (850) 217-0303
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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
    481 Mary Esther Blvd Mary Esther, FL 32569
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