Office Warehouse with Two
132 Market Street Unit A & B Santa Rosa Beach, FL 32459
For Sale
$1,325,000
Office/showroom areas are heated and cooled, with two 14' roll-up doors serving separate warehouse-accessible suites.
Property Size5,000 SF
Price / SF$265
Days on Market16
Property Features for 132 Market Street Unit A & B
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- General Commercial
Listing Agency:
Taylor Allen Properties LLC
(850) 687-4075
Listed By:
Chad Knaepple
(850) 687-4075
Source:
Xome
Added: Jul 11
Changed: Jul 25
Last Checked: Jul 25 at 4:00PM
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 Taylor Allen Properties LLC
Investment Insights
Based on property information with market context.
This 5,000 SF office warehouse is currently configured as two separate 2,500 SF suites (Unit A and Unit B). Each suite includes office/showroom space that is heated and cooled, along with warehouse areas accessible via two 14' roll-up doors. The building can be opened up into a larger layout with minor demolition, providing flexibility for businesses that need more contiguous space.
The property is located in Santa Rosa Beach, FL. Three-phase power is in place to support industrial and light industrial operations.
Designed for mixed-use workflows, the combination of office-ready finishes, conditioned space, and direct roll-up door access supports a range of back-of-house and distribution needs within the existing two-suite configuration.
The property is located in Santa Rosa Beach, FL. Three-phase power is in place to support industrial and light industrial operations.
Designed for mixed-use workflows, the combination of office-ready finishes, conditioned space, and direct roll-up door access supports a range of back-of-house and distribution needs within the existing two-suite configuration.
Key Highlights
- 5,000 SF office warehouse in Santa Rosa Beach, FL
- Currently divided into two 2,500 SF suites; can be opened into one space with minor demolition
- 3‑phase power in place
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 | $105.0k | $21.00 |
| − Vacancy | −$21.0k | −$4.20 |
| EGI | $84.0k | $16.80 |
| − OpEx | −$21.0k | −$4.20 |
| NOI | $63.0k | $12.60 |
5,000 SF · lease $21.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$900.0K
$787.5K – $1.05M
NOI $63,000 @ 7.0% cap · market cap 4.75%
Second Best
Flex RnD
$666.3K
$583.1K – $777.4K
NOI $46,644 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,020 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Food For Thought
Volunteer Organization
Similar Off Market Nearby
- Rise N' Shine 30A™ — 261 Exuma Wy Apt 322, Santa Rosa Beach, FL 32459
- Chef Gordaux — 49-55 W Wilson St, Santa Rosa Beach, FL 32459
- Chef Gordaux — 605 N County Hwy 393 #14b, Santa Rosa Beach, FL 32459
- Sharps Catering — 605 N County Hwy 393 STE A7, Santa Rosa Beach, FL 32459
- Graze Craze Charcuterie Boards & Boxes — 605 N County Hwy 393 STE 15A, Santa Rosa Beach, FL 32459
FAQs
What type of property is this?
Flex space - Office/showroom areas are heated and cooled, with two 14' roll-up doors serving separate warehouse-accessible suites.
Where is this flex space located?
The property is located at 132 Market Street Unit A & B Santa Rosa Beach, FL.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 5,000 SF office warehouse in Santa Rosa Beach, FL; Currently divided into two 2,500 SF suites; can be opened into one space with minor demolition; 3‑phase power in place
