Class A Office
For Lease
$33 SF/Yr
511 Government Avenue, Valparaiso, FL 32580
Commercial for Lease, Valparaiso, FL
Space SizeContact for details
Lot Size13.47 Acres
Days on Market52
Property Features for 511 Government Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Property condition
Under Construction
Directions
Property is located at the Gateway into Valparaiso. Property is just south of the Airport.
Subdivision
13 - Niceville
Standard status
Active
APN
12-1S-23-253E-0012-0030
Size
123,500 SF
Lot size
13.47 Acres
Amenities
dining facility
green space
community room
Building Details
Year built
2025
Listing Agency:
Taylor Allen Properties LLC
(850) 259-2894
Listed By:
Brett D Stuart · License #678851
(850) 865-9123
Added: Jul 24
Changed: Sep 11
Last Checked: Sep 13 at 7:06PM
MLS# 1008395
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.
The 123,500-square-foot office building is under construction and scheduled for completion in 2025. Planned as a Class A professional environment, the facility is part of a 13.47-acre campus that also contains updated operational, human resources, and training facilities for Okaloosa Gas District.
Shared campus amenities include a ground-floor dining facility open to the public, landscaped green space, and a large community room. The property is positioned near the East Gate of Eglin AFB in Valparaiso, offering a professional setting for office users and proximity to the area's defense-related employment base.
Shared campus amenities include a ground-floor dining facility open to the public, landscaped green space, and a large community room. The property is positioned near the East Gate of Eglin AFB in Valparaiso, offering a professional setting for office users and proximity to the area's defense-related employment base.
Key Highlights
- 123,500‑square‑foot office building under construction
- Class A office environment with 2025 completion
- 13.47‑acre campus in Valparaiso
Property Analytics
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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
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
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Market
Lease Benchmarks for Valparaiso, FL
$32.4 /SF/Yr
Avg Asking Price
$30–$33 /SF/Yr
Price Range
83,687 SF
Avg Space Size
This space is priced 2% above the average of $32.4 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - New professional office space with public dining, landscaped open areas, and a community room near Eglin AFB.
Where is this office building 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‑foot office building under construction; Class A office environment with 2025 completion; 13.47‑acre campus in Valparaiso
