Office Units in New Administration
511 Government Avenue, Valparaiso, FL 32580
For Lease
$30 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
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# 943038
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office units are being developed within a 123,500-square-foot administration building scheduled for delivery in the 4th quarter of 2025. The property is under construction on a 13.47-acre campus and is planned with contemporary technology, safety, and employee comfort features. Supporting facilities include areas for operations, human resources, and training, along with shared amenities for occupants and visitors.
The campus is located at 511 Government Avenue in Valparaiso, near the East Gate of Eglin AFB. Common areas are planned to include a ground-floor dining facility open to the public, landscaped green space, and a community room with capacity for up to 300 people. Tenant spaces are available for prelease.
The campus is located at 511 Government Avenue in Valparaiso, near the East Gate of Eglin AFB. Common areas are planned to include a ground-floor dining facility open to the public, landscaped green space, and a community room with capacity for up to 300 people. Tenant spaces are available for prelease.
Key Highlights
- 123,500‑square‑foot administration building under construction
- 13.47‑acre campus at 511 Government Avenue, Valparaiso, FL 32580
- Planned delivery in 4th quarter 2025
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 7% 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 office space is planned within a 123,500-square-foot administration building currently under construction.
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 $30 SF/Yr.
What are key features of this property?
This property features: 123,500‑square‑foot administration building under construction; 13.47‑acre campus at 511 Government Avenue, Valparaiso, FL 32580; Planned delivery in 4th quarter 2025
