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Class A Office Building
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511 Government Avenue Unit 200, Valparaiso, FL 32580

New Class A office building with public dining, green space, and a community room.

Property Size123,500 SF
Days on Market959

Property Features for 511 Government Avenue Unit 200

General Information

Standard status Active
Size 123,500 SF
Class Class A
Property subtype Office

Amenities

dining facility
green space
community room
3

Building Details

Year Built 2025
Listing Agency: Taylor Allen Properties LLC
Listed By: Brett Stuart · License #678851
Source: Xome
Added: Jan 16, 2024 Changed: Aug 30 Last Checked: Aug 31 at 3:50PM

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 Taylor Allen Properties LLC

Investment Insights

Based on property information with market context.

The 123,500-square-foot Okaloosa Gas District Administration Building is a new Class A office property planned for delivery by the fourth quarter of 2025. The broader campus spans over 13 acres and includes facilities supporting operations, human resources, and training, along with tenant spaces available for prelease.

Shared amenities include a ground-floor dining facility open to the public, landscaped green space, and a community room designed to accommodate up to 300 people. The property is near the East Gate of Eglin AFB, providing a professional office setting for businesses seeking proximity to the installation and its surrounding employment base.

Key Highlights

  • 123,500‑square‑foot Class A office building
  • Campus spans over 13 acres
  • Tenant spaces available for prelease

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Law Firm HVAC Service Real Estate Agency Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

Demographics for 32580, FL

4,120
Population
1,936
Households
2.1
Avg Household Size
41
Median Age
38%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
528
Density / Sq Mi
$85,385
Median Household Income
$50,546
Median Earnings
$1,268
Median Rent
$348,600
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Office building - New Class A office building with public dining, green space, and a community room.
Where is this office building located?
The property is located at 511 Government Avenue Unit 200 Valparaiso, FL.
What are key features of this property?
This property features: 123,500‑square‑foot Class A office building; Campus spans over 13 acres; Tenant spaces available for prelease
More about this property
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