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Class A Office Investment Property
For Sale
$1,700,000

21 Hollywood Blvd, Fort Walton Beach, FL 32548

Prime corner location, modern construction, and stable long-term tenants.

Property SizeContact for details
Days on Market466

Property Features for 21 Hollywood Blvd

General Information

Standard status Active
Property subtype Commercial
Listing Agency: NBI Properties Inc
Listed By: James E Nabors · License #3104014
Source: J30a
Added: Jun 5, 2025 Changed: Sep 9 Last Checked: Sep 13 at 12:07PM

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 NBI Properties Inc

Investment Insights

Based on property information with market context.

This Class A office building, constructed in 2019, is strategically located at the corner of Hollywood Blvd and Jet Drive. The property offers 8,100 sq ft of commercial space. It features modern construction, quality finishes, and curb appeal. The building is divided between two long-term tenants, providing income with minimal management. This property is located in Fort Walton Beach, Florida.

Key Highlights

  • Prime corner location at Hollywood Blvd and Jet Drive
  • Class A office building with modern construction (built in 2019)
  • 8,100 sq ft of premium commercial space

Property Analytics

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Current Use

Bob's Bicycles (Bike/Boat/Book/etc) Store Armstrong McCall Professional ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Catering Service Pet Grooming Service Pharmacy (Bike/Boat/Book/etc) Store Nursing Home

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

Location Intelligence

Trade Area within ½ mile

1,545
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Office building - Prime corner location, modern construction, and stable long-term tenants.
Where is this office building located?
The property is located at 21 Hollywood Blvd Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime corner location at Hollywood Blvd and Jet Drive; Class A office building with modern construction (built in 2019); 8,100 sq ft of premium commercial space
More about this property
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