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Office Unit Near Highway 98
For Lease
$1,403/Mo

124 E Miracle Strip Parkway #203, Fort Walton Beach, FL 32548

A professional office suite sits within an office park with frontage along Highway 98.

Space Size1,088 SF
Days on Market1048

Property Features for 124 E Miracle Strip Parkway #203

General Information

Standard status Active
Size 1,088 SF
Net Rentable 1,088 SF

Space & Availability

Available Space 1,088 SF
Contiguous Space 1,088 SF
Space Use Office

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1966
Listing Agency: Twenty Eight Realty Co
Listed By: Stephanie D Burroughs · License #3528622
Source: Emeraldgulfrealty
Added: Dec 11, 2023 Changed: Oct 23 Last Checked: Oct 23 at 5:56PM

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 Twenty Eight Realty Co

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,088-square-foot office unit is located in a professional office park. Built in 1966, the space offers a professional setting for office use.

The property is in Mary Esther, just east of Hurlburt AFB, with frontage on Highway 98. Its office-park setting and highway exposure define the available property details.

Key Highlights

  • 1,088 SF office unit
  • Located in a professional office park
  • Highway 98 frontage

Property Analytics

Current Use

Presidio Yacht Club ... Condominium Complex Michelle Gillespie Physician Professional Stump & Tree ... Landscaping John D. Cox ... Registered General Nurse Maksymyk's Lawn & Irrigation Landscaping

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Electrical Service Daycare Center Locksmith Bakery

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

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

732
Businesses Nearby

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

Lease Benchmarks for Fort Walton Beach, FL

$12.11 /SF/Yr
Avg Asking Price
$1.2–$20.61 /SF/Yr
Price Range
12,630 SF
Avg Space Size

This space is priced 28% above the average of $12.11 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A professional office suite sits within an office park with frontage along Highway 98.
Where is this office unit located?
The property is located at 124 E Miracle Strip Parkway #203 Fort Walton Beach, FL.
What is the lease rate?
The lease rate is $1,403/Mo.
What are key features of this property?
This property features: 1,088 SF office unit; Located in a professional office park; Highway 98 frontage
More about this property
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