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Split-Level Office Space
For Lease
$9,000/Mo

481 Mary Esther Boulevard, Mary Esther, FL 32569

Commercial for Lease, Mary Esther, FL

Space Size9,000 SF
Lot Size0.91 Acres
Days on Market420

Property Features for 481 Mary Esther Boulevard

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Directions Located directly across the street from McDonald's and The Santa Rosa Mall on Mary Esther Boulevard.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 16-2S-24-0291-0007-012A
Size 19,660 SF
Lot size 0.91 Acres

Building Details

Year built 1985
Listing Agency: NBI Properties Inc
Listed By: Dennis Fortenberry · License #627640
Added: Jul 21, 2025 Changed: Sep 11 Last Checked: Sep 13 at 1:06PM
MLS# 981414

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.

This commercial office property offers a 9,000-square-foot split-level layout, including 6,000 square feet of heated and cooled space on the first floor and 3,000 square feet of renovated office area upstairs. The configuration includes two large corner office suites, three additional offices, two ADA bathrooms, and a full bathroom within one executive suite.

The property occupies 0.91 acres at 481 Mary Esther Boulevard in Mary Esther, Florida. Surrounding commercial activity includes national retailers and fast-food franchises, with an average ADTT of 40,000 vehicles per day.

Key Highlights

  • 9,000‑square‑foot split‑level office layout
  • 6,000 square feet of heated and cooled first‑floor space
  • 3,000 square feet of completely renovated second‑floor offices

Property Analytics

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Current Use

Mary Esther Bingo Bingo Hall

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery (Bike/Boat/Book/etc) Store Acupuncture Locksmith

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

1,075
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32569, FL

12,378
Population
5,795
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
2,947
Density / Sq Mi
$73,762
Median Household Income
$43,832
Median Earnings
$1,456
Median Rent
$296,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Mary Esther, FL

$16.34 /SF/Yr
Avg Asking Price
$5.49–$22 /SF/Yr
Price Range
6,898 SF
Avg Space Size

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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Similar Off Market Nearby

  • Cartridge Works Plus 193 Mary Esther Blvd, Mary Esther, FL 32569
  • CompuDoc DIRECT 5 Sandalwood Dr NW 13B, Fort Walton Beach, FL 32548
  • CPR Cell Phone Repair Mary Esther 300 Mary Esther Blvd uint 10, Mary Esther, FL 32569
  • A Cellular Edge 427 Page Bacon Rd, Mary Esther, FL 32569
  • Office Depot Tech Services 419A Mary Esther Cut Off NW, Fort Walton Beach, FL 32548

Frequently Asked Questions

What type of property is this?
Office space - Commercial office space with renovated upper-level suites, executive offices, and ADA-compliant restrooms.
Where is this office space located?
The property is located at 481 Mary Esther Boulevard Mary Esther, FL.
What is the lease rate?
The lease rate is $9,000/Mo.
What are key features of this property?
This property features: 9,000‑square‑foot split‑level office layout; 6,000 square feet of heated and cooled first‑floor space; 3,000 square feet of completely renovated second‑floor offices
More about this property
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