Second-Floor Office
204-139 Beal Pkwy Se Fort Walton Beach, FL 32548
For Sale
$99,000
Pending
Second-floor office suite with private office, private restroom, and newly installed carpet.
Property Size800 SF
Days on Market59
Property Features for 204-139 Beal Pkwy Se
General Information
- Standard status
- Pending
- Size
- 800 SF
Listing Agency:
EXP Realty LLC
(850) 420-4274
Listed By:
Jordan M Dennis · License #3265533
(850) 420-4274
Source:
Exprealty
Added: May 28
Changed: Jul 22
Last Checked: Jul 24 at 6:53PM
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 EXP Realty LLC
Investment Insights
Based on property information with market context.
Second-floor office space in Brandon Place. Unit 204 is configured with a flexible interior layout that includes a private office and a private restroom, with brand new carpet throughout.
The suite is accessed from Beal Parkway with convenient, straightforward access. CAM fees are $900 per quarter and include elevator maintenance, water, trash, landscaping, and on-site security cameras.
With its existing professional layout, Unit 204 is suited for a range of office and professional workspace needs that align with private office and restroom requirements.
The suite is accessed from Beal Parkway with convenient, straightforward access. CAM fees are $900 per quarter and include elevator maintenance, water, trash, landscaping, and on-site security cameras.
With its existing professional layout, Unit 204 is suited for a range of office and professional workspace needs that align with private office and restroom requirements.
Key Highlights
- Second‑floor office suite in Brandon Place on Beal Parkway in Fort Walton Beach
- Unit 204 offers approximately 800 SF with a flexible layout for office or professional uses
- Includes a private office and a private restroom
Financial Insights For Healthcare Medical
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 | $16.8k | $21.00 |
| − Vacancy | −$1.8k | −$2.21 |
| EGI | $15.0k | $18.80 |
| − OpEx | −$6.0k | −$7.52 |
| NOI | $9.0k | $11.28 |
800 SF · lease $21.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$147.6K
$129.2K – $172.2K
NOI $10,332 @ 7.0% cap · market cap 10.44%
Second Best
Healthcare Medical
$128.9K
$112.8K – $150.4K
NOI $9,022 @ 7.0% cap · market cap 9.11%
Theoretical Best
Specialty Retail
$308.3K
$269.8K – $359.7K
NOI $21,581 @ 7.0% cap · market cap 21.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Second-floor office suite with private office, private restroom, and newly installed carpet.
Where is this office units located?
The property is located at 204-139 Beal Pkwy Se Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Second‑floor office suite in Brandon Place on Beal Parkway in Fort Walton Beach; Unit 204 offers approximately 800 SF with a flexible layout for office or professional uses; Includes a private office and a private restroom
