1429 Lewis Turner Blvd, Fort Walton Beach, FL 32547
Mixed-use property in Fort Walton Beach, Florida, featuring two units.
- Added:
- Feb 24, 2026
- Days on Market:
- 123
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 1429 Lewis Turner Blvd
General Information
- Standard status
- Active
- Size
- 4,832 SF
- Lot size
- 0.35 Acres
- Property subtype
- Mixed Use, Retail
Building Details
- Year Built
- 1958
Listing office ACRE Expert LLC
Listing date Feb 24, 2026
Source Crexi
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 ACRE Expert LLC
HighLights
- 4,832 sqft Building on 0.35 Acres
- Located at 1429 Lewis Turner Blvd, Fort Walton Beach, FL 32547
- Zoning: MU (Mixed Use)
- 2 Units in 1 Building
- Utilities: Sewer, City Water, and Electric Connected
- Built in 1958
Overview
Local Financial Insights For Retail
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 | $107.3k | $22.20 |
| − Vacancy | −$8.0k | −$1.67 |
| EGI | $99.2k | $20.54 |
| − OpEx | −$29.8k | −$6.16 |
| NOI | $69.5k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Walton Beach
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.6344415
- Latitude
- 30.4581891
