Class A Office
For Lease
$30 SF/Yr
511 Government Avenue, Valparaiso, FL 32580
Commercial for Lease, Valparaiso, FL
Space SizeContact for details
Lot Size13.47 Acres
Days on Market933
Property Features for 511 Government Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Property condition
Under Construction
Directions
Property located in Valparaiso, FL at the intersection of Government Avenue and Valparaiso Parkway
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: Feb 23, 2024
Changed: Sep 11
Last Checked: Sep 13 at 7:06PM
MLS# 943039
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.
Office units are available for prelease within a 123,500-square-foot administration building under construction in Valparaiso. The property is planned for completion in the fourth quarter of 2025 and is positioned as a Class A office environment. The broader campus encompasses 13.47 acres and includes operational, human resources, and training facilities for Okaloosa Gas District.
Shared amenities are designed for both occupants and the public, including a ground-floor dining facility, landscaped green space, and a community room with capacity for up to 300 people. The property is located at 511 Government Avenue near the East Gate of Eglin AFB, providing a professional office setting with proximity to the base.
Shared amenities are designed for both occupants and the public, including a ground-floor dining facility, landscaped green space, and a community room with capacity for up to 300 people. The property is located at 511 Government Avenue near the East Gate of Eglin AFB, providing a professional office setting with proximity to the base.
Key Highlights
- 123,500‑square‑foot office building under construction
- 13.47‑acre campus at 511 Government Avenue, Valparaiso, FL 32580
- Office units available for prelease with delivery planned for the fourth quarter of 2025
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /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
$30.5 /SF/Yr
Avg Asking Price
$30–$33 /SF/Yr
Price Range
89,992 SF
Avg Space Size
This space is priced 2% below the average of $30.5 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Prelease office units are planned within a new building currently under construction.
Where is this office units 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 office building under construction; 13.47‑acre campus at 511 Government Avenue, Valparaiso, FL 32580; Office units available for prelease with delivery planned for the fourth quarter of 2025
