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Office Building with Separate Offices
For Sale
$949,000

908 Marwalt Drive, Fort Walton Beach, FL 32547

Commercial for Sale, Fort Walton Beach, FL

Property SizeContact for details
Lot Size0.43 Acres
Days on Market511

Property Features for 908 Marwalt Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-3
Directions From Racetrack Rd, turn on Mar Walt Dr., travel about 400', building is on the left. From Hospital Drive, left on Mar Walt Dr., travel approximately .4 of a mile, building is on your right.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 34-1S-24-0000-0052-003A
Lot size 0.43 Acres

Taxes and HOA fees

Tax Description see attached under document tab
Legal Description see attached under document tab
Listing Agency: Jan Hooks Real Estate Group Inc
Listed By: Jan N Hooks · License #679574
Added: Apr 21, 2025 Changed: Sep 11 Last Checked: Sep 13 at 5:06PM
MLS# 974414

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.

This office building offers over 2,400 square feet with separate office spaces, dressing rooms, and bathrooms. A new roof was installed in March 2025, and the exterior has been repainted. The property is situated on a 0.43-acre parcel and carries C-3 zoning.

The building has 90' of road frontage on Mar Walt Dr. and is approximately 2/10 of a mile from Fort Walton Beach Medical Center, providing a nearby medical-center reference point for evaluating the location.

Key Highlights

  • Over 2,400 sq ft office building
  • New roof installed in March 2025
  • Exterior repainted

Property Analytics

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Current Use

Dr. Steven J. ... Physician Total Wright Tree ... Landscaping

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service Florist Daycare Center

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,366
Businesses Nearby

Demographics for 32547, FL

35,466
Population
16,112
Households
2.2
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
29.0 sq mi
ZIP Area
1,223
Density / Sq Mi
$67,822
Median Household Income
$36,465
Median Earnings
$1,421
Median Rent
$299,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - C-3-zoned office property with refreshed exterior finishes and multiple private work areas.
Where is this office building located?
The property is located at 908 Marwalt Drive Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Over 2,400 sq ft office building; New roof installed in March 2025; Exterior repainted
More about this property
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