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New Flex Space with Roll-Up Doors
For Lease
$23 SF/Yr

3120 Hwy 87, Navarre, FL 32566

Commercial for Lease, Navarre, FL

Space Size1,250 SF - 3,750 SF
Days on Market271

Property Features for 3120 Hwy 87

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Directions Located north of Hwy 98 on Hwy 87
Subdivision 11 - Navarre/Gulf Breeze
Standard status Active
APN 05-2S-26-0000-00162-0000

Building Details

Year built 2025
Listing Agency: NBI Properties Inc
Listed By: Craig S Barrett · License #3294646
Added: Jan 30 Changed: Oct 22 Last Checked: Oct 28 at 9:06AM
MLS# 994122

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.

Flex space under construction at 3120 Hwy 87 in Navarre is planned with fully conditioned interiors and a 12-foot roll-up door in each unit. Available configurations include 1,250-square-foot and 2,500-square-foot units, as well as a 3,750-square-foot option.

The property is located on Hwy 87 in Navarre, Florida, with completion planned for 2025.

Key Highlights

  • Under construction; year built listed as 2025
  • Unit options include 1,250, 2,500, and 3,750 square feet
  • Each unit is planned to include a 12‑foot roll‑up door

Property Analytics

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

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center Bakery Kitchen & Bath Showroom Carpet & Flooring Store

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
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32566, FL

44,434
Population
17,893
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
95%
High-School Grad
39.2 sq mi
ZIP Area
1,134
Density / Sq Mi
$99,501
Median Household Income
$46,035
Median Earnings
$1,782
Median Rent
$361,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - Conditioned units are planned in multiple configurations for flexible commercial occupancy.
Where is this flex space located?
The property is located at 3120 Hwy 87 Navarre, FL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Under construction; year built listed as 2025; Unit options include 1,250, 2,500, and 3,750 square feet; Each unit is planned to include a 12‑foot roll‑up door
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