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Renovated Second-Level Office Suite
For Lease
$4,500/Mo
Pending

227 Bay Grove Boulevard, Freeport, FL 32439

Commercial for Lease, Freeport, FL

Space Size2,605 SF
Days on Market2019

Property Features for 227 Bay Grove Boulevard

General Information

Property type Commercial Lease
Property subtype Office
Directions FROM HIGHWAY 331 HEAD SOUTH FROM FREEPORT TURN RIGHT ON BAY GROVE BOULEVARD. BUILDING IS LAST ON LEFT AT CORNER.
Subdivision 20 - Freeport
Standard status Pending
APN 34-1S-19-23040-000-0130
Size 5,200 SF

Amenities

shared parking lot
main lobby
open staircase
Listing Agency: Southern Ventures
Listed By: Natalie N McClure
Added: Apr 19, 2021 Changed: Oct 8 Last Checked: Oct 28 at 6:06PM
MLS# 869802

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.

Rey
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Investment Insights

Based on property information with market context.

The entire second level is available for lease following extensive interior and exterior remodeling. The 2,605-square-foot suite includes a lobby, reception area, two private restrooms, three private offices, and a large conference or flex area. A shared main lobby provides access to an elevator and open staircase, with shared parking serving the property.

The conference and flex area can accommodate a range of business layouts, including showroom, classroom, exercise or physical therapy, cubicles, workstations, or larger gatherings. The property is positioned just north of the 331 bridge on the south side of Freeport, approximately 12 minutes from Santa Rosa Beach, 30 minutes from Destin, and 26 minutes from I-10.

Key Highlights

  • Entire 2nd level available for lease
  • 2,605‑square‑foot office suite
  • Three private offices, reception area, and two private restrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Magnolia Tribe Chiropractic Alternative Medicine Practice Centurion III Inc. Construction Company The Church of Jesus Christ ... Church

Suggested Use

Top Pick Auto Repair Shop Dental Office Big Box & Wholesale Store Real Estate Agency Hair Salon Bakery

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 32439, FL

12,943
Population
6,772
Households
1.9
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
96.5 sq mi
ZIP Area
134
Density / Sq Mi
$77,500
Median Household Income
$40,358
Median Earnings
$1,657
Median Rent
$343,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Freeport, FL

$26.76 /SF/Yr
Avg Asking Price
$10.38–$41.18 /SF/Yr
Price Range
10,649 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Office unit - Flexible commercial layout with private offices, meeting space, and shared building access.
Where is this office unit located?
The property is located at 227 Bay Grove Boulevard Freeport, FL.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Entire 2nd level available for lease; 2,605‑square‑foot office suite; Three private offices, reception area, and two private restrooms
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