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Climate-Controlled Flex Building
For Sale
$1,650,000

223 NE Troy Street, Fort Walton Beach, FL 32548

Steel-and-concrete construction includes a freight elevator, loading dock, and three-phase power.

Property SizeContact for details
Days on Market291

Property Features for 223 NE Troy Street

General Information

Standard status Active
Property subtype Commercial
Zoning commercial

Additional Details

Three-Phase Power Yes
Listing Agency: Livin Right Real Estate LLC
Listed By: Matthew N McGee · License #3227750
Source: Emeraldgulfrealty
Added: Jan 6 Changed: Oct 23 Last Checked: Oct 23 at 4:01PM

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 Livin Right Real Estate LLC

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Investment Insights

Based on property information with market context.

This commercial flex property has steel-and-concrete construction, including a concrete second floor. The entire lower level, factory area included, is climate-controlled. A freight elevator, under-floor storage, and a loading dock support movement of goods, while roll-up doors on both levels allow forklift access between the building and exterior loading areas.

The property is near downtown Fort Walton Beach and the Yacht Club/Ferry Park neighborhood. Commercial zoning is in place.

Key Highlights

  • Climate‑controlled lower floor, including factory space
  • Steel‑and‑concrete construction with a concrete second floor
  • Three‑phase power and freight elevator

Property Analytics

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Current Use

Serigraphia (Bike/Boat/Book/etc) Store H R Ellite ... Employment Agency

Suggested Use

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

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

1,058
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • AAspiceislife — 237 troy st ne, fort walton beach, fl 32548

Frequently Asked Questions

What type of property is this?
Flex space - Steel-and-concrete construction includes a freight elevator, loading dock, and three-phase power.
Where is this flex space located?
The property is located at 223 NE Troy Street Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Climate‑controlled lower floor, including factory space; Steel‑and‑concrete construction with a concrete second floor; Three‑phase power and freight elevator
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