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Gulf-Front Office Space Available

348 SW Miracle Strip Parkway #34/35, Fort Walton Beach, FL 32548

For Lease
$4,866/Mo

Two-story office building with direct beachfront access and panoramic views.

Space SizeContact for details
Lot Size5.23 Acres
Days on Market267

Property Features for 348 SW Miracle Strip Parkway #34/35

General Information

Standard status Active
Lot size 5.23 Acres
Property subtype Commercial

Building Details

Year Built 1988
Listing Agency: EXP REALTY LLC
Listed By: GREGORY E GANSKE · License FL #3445831
Source: Corcoran
Added: Feb 20 Changed: Sep 3 Last Checked: Sep 2 at 3:18PM

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 EXP REALTY LLC

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Investment Insights

Based on property information with market context.

This two-story office building offers 4,866 square feet of space directly on the Gulf of America along Miracle Strip Parkway in Fort Walton Beach, Florida. The property features multiple private offices and expansive rooms suitable for conference areas, collaborative spaces, or open workstations, along with on-site bathrooms. Ample parking is available for employees, clients, and visitors. The location fronts Miracle Strip Parkway (US-98), providing heavy daily traffic exposure and easy access to downtown Fort Walton Beach attractions, dining, shopping, and nearby Okaloosa Island amenities. Many offices and common areas offer direct Gulf views. This property is suitable for expanding professional services firms, medical practices, creative agencies, or tourism-related businesses.

Key Highlights

  • Direct Gulf‑front location on Miracle Strip Parkway (US‑98) offering high visibility and prestige.
  • 4,866 SF two‑story office building with a spacious layout.
  • Breathtaking panoramic views of the Gulf of America from many offices and common areas.

Property Analytics

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

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 Pharmacy Real Estate Agency

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
$0.49 /SF/Yr
CAM

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
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Market

Lease Benchmarks for Fort Walton Beach, FL

$12.46 /SF/Yr
Avg Asking Price
$3.24–$20 /SF/Yr
Price Range
12,592 SF
Avg Space Size

This space is priced 74% below the average of $12.46 /SF/Yr.

Average Price Trend$/SF/Yr for Office buildings in Okaloosa County, FL

$26.56 Jul
$25.84 Aug
$25.25 Sep
$26.6 Oct

Properties on Market for Office buildings in Okaloosa County

Jul
Aug
Sep
Oct

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 building - Two-story office building with direct beachfront access and panoramic views.
Where is this office building located?
The property is located at 348 SW Miracle Strip Parkway #34/35 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: Direct Gulf‑front location on Miracle Strip Parkway (US‑98) offering high visibility and prestige.; 4,866 SF two‑story office building with a spacious layout.; Breathtaking panoramic views of the Gulf of America from many offices and common areas.
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