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    21 Hollywood Blvd Fort Walton Beach, FL 32548

    For Sale
    $1,850,000

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

    Property Features for 21 Hollywood Blvd

    General Information

    Standard status
    Active

    Source: NBI PROPERTIES INC Agent JAMES E NABORS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Investment Property

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bob's Bicycles Bicycle Shop Armstrong McCall Professional ... Beauty Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6164668
    Latitude
    30.4128951

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    FAQs

    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 $1,850,000.
    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
    (850) 243-0007
    Request Owner's contact information
    21 Hollywood Blvd Fort Walton Beach, FL 32548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 Hollywood Blvd Fort Walton Beach, FL 32548
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