Class A Office
511 Government Avenue, Valparaiso, FL 32580
For Lease
$33 SF/Yr
Commercial for Lease, Valparaiso, FL
Space SizeContact for details
Lot Size13.47 Acres
Days on Market994
Property Features for 511 Government Avenue
General Information
Property type
Property subtype
Property condition
Directions
Subdivision
Standard status
APN
Size
Lot size
Amenities
ground floor dining facility
green space
community room
Building Details
Year built
Listing Agency:
Taylor Allen Properties LLC
(850) 259-2894
Listed By:
Brett D Stuart · License FL #678851
(850) 865-9123
Added: Feb 23, 2024
Changed: Oct 1
Last Checked: Nov 12 at 7:06AM
MLS# 943031
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.
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Investment Insights
Based on property information with market context.
Office units are being developed within a 123,500-square-foot Class A administration building on a 13.47-acre campus. The property is under construction, with delivery planned for the 4th quarter of 2025. Tenant spaces are available for prelease.
Shared amenities are designed to support daily operations and larger gatherings, including a ground-floor dining facility open to the public, green space, and a community room accommodating up to 300 people. The campus is near the East Gate of Eglin AFB and includes facilities serving operations, human resources, and training functions.
Shared amenities are designed to support daily operations and larger gatherings, including a ground-floor dining facility open to the public, green space, and a community room accommodating up to 300 people. The campus is near the East Gate of Eglin AFB and includes facilities serving operations, human resources, and training functions.
Key Highlights
- 123,500 square feet of office space
- 13.47‑acre campus near the East Gate of Eglin AFB
- Under construction with delivery planned for the 4th quarter of 2025
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
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Business Placement
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
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Market
Lease Benchmarks for Valparaiso, FL
$28.13 /SF/Yr
Avg Asking Price
$3.48–$33 /SF/Yr
Price Range
112,459 SF
Avg Space Size
This space is priced 17% above the average of $28.13 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Okaloosa County, FL
Properties on Market for Office Units in Okaloosa County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Prelease opportunities are planned within a 2025 office development with shared dining, event, and green-space amenities.
Where is this office unit located?
The property is located at 511 Government Avenue Valparaiso, FL.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: 123,500 square feet of office space; 13.47‑acre campus near the East Gate of Eglin AFB; Under construction with delivery planned for the 4th quarter of 2025
