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Gulf-Front Office Building
For Lease
$4,866/Mo

348 SW Miracle Strip Parkway, Fort Walton Beach, FL 32548

Commercial for Lease, Fort Walton Beach, FL

Space Size4,866 SF
Lot Size5.23 Acres
Days on Market206

Property Features for 348 SW Miracle Strip Parkway

General Information

Property type Commercial Lease
Property subtype Office
Directions Directly adjacent on west of Liza Jackson Park. Building is next to boat ramp.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 23-2S-24-506A-0000-0350
Size 18,000 SF
Lot size 5.23 Acres

Utilities

Water front 1

Building Details

Year built 1988
Listing Agency: EXP Realty LLC
Listed By: Gregory E Ganske · License #3445831
Added: Feb 19 Changed: Sep 11 Last Checked: Sep 13 at 6:06PM
MLS# 995776

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.

The Gulf-front office building at 348 SW Miracle Strip Parkway offers a two-story configuration with multiple private offices, large rooms suitable for conference areas, collaborative workspaces, or open workstations, and on-site bathrooms. The building was constructed in 1988 and is situated on a 5.23-acre parcel.

The property fronts Miracle Strip Parkway, also designated US-98, in Fort Walton Beach. Direct beachfront positioning provides Gulf views from many offices and common areas, while the location offers access to downtown Fort Walton Beach attractions, dining, shopping, and nearby Okaloosa Island amenities. Parking is available on site for employees, clients, and visitors.

Key Highlights

  • Gulf‑front office building at 348 SW Miracle Strip Parkway
  • 5.23‑acre parcel with a 1988 construction date
  • Two‑story layout with multiple private offices and large flexible rooms

Property Analytics

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Current Use

Chicken 'N The Egg Restaurant Crafty Hangout (Bike/Boat/Book/etc) Store As Seen On TV ... Corporate Office Element Home Loans, ... Loan Service New American Funding ... Loan Service

Suggested Use

Top Pick Building Supply Restaurant Dental Office Big Box & Wholesale Store Law Firm Hair Salon

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

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby

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
View Realmo Analytics

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office property with private offices, flexible large rooms, on-site bathrooms, and parking along Miracle Strip Parkway.
Where is this office building located?
The property is located at 348 SW Miracle Strip Parkway Fort Walton Beach, FL.
What is the lease rate?
The lease rate is $4,866/Mo.
What are key features of this property?
This property features: Gulf‑front office building at 348 SW Miracle Strip Parkway; 5.23‑acre parcel with a 1988 construction date; Two‑story layout with multiple private offices and large flexible rooms
More about this property
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