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Medical Office Space
New
For Lease
$2,875/Mo

207 Pelham Road, Fort Walton Beach, FL 32547

Commercial for Lease, Fort Walton Beach, FL

Space SizeContact for details
Lot Size0.27 Acres
Days on Market2

Property Features for 207 Pelham Road

General Information

Property type Commercial Lease
Property subtype Office
Directions Right off of Beal Parkway NW. Just before Center ST.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 03-2S-24-1790-0004-010A
Size 1,674 SF
Lot size 0.27 Acres

Amenities

additional parking
washer/dryer hookups

Building Details

Year built 1996
Listing Agency: NBI Properties Inc
Listed By: Craig S Barrett · License #3294646
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 6:06PM
MLS# 1013421

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,674-square-foot medical office space was built in 1996. The property has a new HVAC system and roof, additional plumbing, and washer/dryer hookups. Additional parking is available on site.

Located in Fort Walton Beach, the property occupies a 0.27-acre lot and is offered for lease. Showings are available Fridays by appointment.

Key Highlights

  • 1,674 square feet of medical office space
  • New HVAC system and roof
  • Additional plumbing available

Property Analytics

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Current Use

R Heath Deason ... Dental Office Hodges Dental Clinic Dental Office

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon Restaurant Gym & Fitness Center

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

NNN (Triple Net)
Lease Type
$3.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32547, FL

35,466
Population
16,112
Households
2.2
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
29.0 sq mi
ZIP Area
1,223
Density / Sq Mi
$67,822
Median Household Income
$36,465
Median Earnings
$1,421
Median Rent
$299,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
Rey
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Similar Off Market Nearby

  • Friendship Veterinary Hospital — 623 Beal Pkwy NW, Fort Walton Beach, FL 32548
  • Zorn Carter DVM — 623 Beal Pkwy NW, Fort Walton Beach, FL 32548

Frequently Asked Questions

What type of property is this?
Medical Office Space - Additional plumbing, laundry hookups and on-site parking are available.
Where is this medical office space located?
The property is located at 207 Pelham Road Fort Walton Beach, FL.
What is the lease rate?
The lease rate is $2,875/Mo.
What are key features of this property?
This property features: 1,674 square feet of medical office space; New HVAC system and roof; Additional plumbing available
More about this property
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