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Versatile Commercial Property Near Downtown
For Sale
$1,650,000

223 NE Troy Street, Fort Walton Beach, FL 32548

Office, flex, and warehouse space near Yacht Club/Ferry Park.

Property Size39,639 SF
Price / SF$41.63
Days on Market822

Property Features for 223 NE Troy Street

General Information

Standard status Active
Size 39,639 SF
Property subtype Commercial/Industrial
Listing Agency: Livin Right Real Estate LLC
Listed By: Matthew N McGee · License #3227750
Source: Exitrealty
Added: Jun 4, 2024 Changed: Sep 2 Last Checked: Sep 2 at 3:09PM

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 Livin Right Real Estate LLC

Investment Insights

Based on property information with market context.

This commercial property is conveniently situated near downtown and the Yacht Club/Ferry Park neighborhood. The entire bottom floor, including the factory space, is climate-controlled. The building features steel and concrete construction, including a concrete second floor. Industrial amenities include 3-phase power, a freight elevator, under-floor storage, and a loading dock. Exterior rollup doors on both upper and lower levels facilitate easy movement of items with a forklift. The property offers versatility of office, flex, and warehouse space options.

Key Highlights

  • Climate‑controlled bottom floor, including factory space
  • Steel and concrete construction with a concrete second floor
  • Versatile office, flex, and warehouse space options

Property Analytics

Current Use

Serigraphia (Bike/Boat/Book/etc) Store H R Ellite ... Employment Agency

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,058
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32548, FL

22,399
Population
14,040
Households
1.6
Avg Household Size
42
Median Age
31%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
1,851
Density / Sq Mi
$63,857
Median Household Income
$37,725
Median Earnings
$1,281
Median Rent
$291,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • AAspiceislife 237 troy st ne, fort walton beach, fl 32548

Frequently Asked Questions

What type of property is this?
Flex space - Office, flex, and warehouse space near Yacht Club/Ferry Park.
Where is this flex space located?
The property is located at 223 NE Troy Street Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Climate‑controlled bottom floor, including factory space; Steel and concrete construction with a concrete second floor; Versatile office, flex, and warehouse space options
More about this property
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