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Gulf-Front Office Space

3940-348 Miracle Strip Pkwy Sw, Fort Walton Beach, FL 32548

For Lease
$15 SF/Yr

Office space available for lease with direct beachfront access on Miracle Strip Parkway.

Space SizeContact for details
Days on Market227

Property Features for 3940-348 Miracle Strip Pkwy Sw

General Information

Standard status Active
Listing Agency: EXP Realty LLC
Listed By: Gregory E Ganske · License FL #3445831
Source: Exprealty
Added: Apr 1 Changed: Nov 10 Last Checked: Nov 12 at 2:05PM

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 with direct beachfront positioning along Miracle Strip Parkway. The property is presented as prime beach-front office real estate suitable for businesses seeking a shoreline setting.

Located at 3940-348 Miracle Strip Pkwy SW in Fort Walton Beach, Florida, the space benefits from direct beach frontage on Miracle Strip Parkway, providing straightforward roadway access for employees and visitors.

The offering is categorized for rent as office space within a commercial real estate property type that includes office units and office spaces.

Key Highlights

  • Office space for lease with direct beachfront access
  • Located on Miracle Strip Parkway

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Grocery & Convenience Store Kitchen & Bath Showroom Cafe & Coffee Shop Gym & Fitness Center

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

133
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 - Office space available for lease with direct beachfront access on Miracle Strip Parkway.
Where is this office unit located?
The property is located at 3940-348 Miracle Strip Pkwy Sw 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: Office space for lease with direct beachfront access; Located on Miracle Strip Parkway
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