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Gulf-Front Office Suite

348 SW Miracle Strip Parkway #39/40, Fort Walton Beach, FL 32548

For Lease
$15 SF/Yr

Direct Gulf-front office space is available for lease on Miracle Strip Parkway.

Space SizeContact for details
Days on Market200

Property Features for 348 SW Miracle Strip Parkway #39/40

General Information

Standard status Active
Property subtype Commercial
Listing Agency: EXP REALTY LLC
Listed By: GREGORY E GANSKE · License FL #3445831
Source: Corcoran
Added: Apr 28 Changed: Nov 12 Last Checked: Nov 12 at 7:13AM

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 Gulf-front office space is offered for lease and features direct beach access along the Gulf. The property is located at 348 SW Miracle Strip Parkway, Suite 39/40.

Situated on Miracle Strip Parkway, the space benefits from immediate beachfront proximity for an office setting. The offering is designated for commercial office use as part of the overall office units and office spaces category.

Prospective tenants can inquire regarding availability and lease terms for the suite configuration at the address noted above.

Key Highlights

  • Direct gulf‑front office space available for lease
  • Located on Miracle Strip Parkway

Property 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
$2.25 /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

Market

Lease Benchmarks for Fort Walton Beach, FL

$12.26 /SF/Yr
Avg Asking Price
$1.2–$20.61 /SF/Yr
Price Range
10,156 SF
Avg Space Size

This space is priced 22% above the average of $12.26 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Fort Walton Beach, FL

$13.24 Jul
$11.66 Aug
$12.21 Sep
$12.57 Oct

Properties on Market for Office Units in Fort Walton Beach

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 unit - Direct Gulf-front office space is available for lease on Miracle Strip Parkway.
Where is this office unit located?
The property is located at 348 SW Miracle Strip Parkway #39/40 Fort Walton Beach, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Direct gulf‑front office space available for lease; Located on Miracle Strip Parkway
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