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

3120 Hwy 87, Navarre, FL 32566

Commercial for Lease, Navarre, FL

Space Size2,500 SF - 5,000 SF
Days on Market225

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: Sep 11 Last Checked: Sep 12 at 6:06PM
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.

Investment Insights

Based on property information with market context.

Flex space under construction at 3120 Hwy 87 in Navarre, Florida, with delivery planned for 2025. The property will include two 2,500-square-foot units and two 5,000-square-foot units, providing multiple suite configurations within the project.

Each unit is planned to be fully conditioned and equipped with a 12-foot roll-up door. The property offers a new industrial-oriented format for users seeking conditioned space with direct roll-up access.

Key Highlights

  • Two 2,500‑square‑foot units and two 5,000‑square‑foot units
  • Each unit will be fully conditioned
  • 12‑foot roll‑up door in every unit

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Four conditioned units under construction offer flexible commercial space with individual roll-up access.
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: Two 2,500‑square‑foot units and two 5,000‑square‑foot units; Each unit will be fully conditioned; 12‑foot roll‑up door in every unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message