Medical Office with Exam
For Sale
$670,000
914 914b Marwalt Dr, Fort Walton Beach, FL 32547
Two units offer medical office layouts, with one vacant and the other leased through September 2027.
Property SizeContact for details
Days on Market8
Property Features for 914 914b Marwalt Dr
General Information
Standard status
Active
Total Parking Spaces
34
Additional Details
Office Units
2
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Jan Hooks Real Estate Group Inc
Listed By:
Jan N Hooks · License #679574
(850) 585-2677
Source:
Cloviscannonhomes
Added: Oct 1
Changed: Oct 5
Last Checked: Oct 7 at 1:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jan Hooks Real Estate Group Inc
Investment Insights
Based on property information with market context.
The medical office property totals 4,058 square feet, with 3,702 square feet on the first floor and 356 square feet on the second. Its two units are approximately 1,850 square feet each. The vacant unit includes four exam rooms, three bathrooms, a nurses station, office, waiting room, reception area and storage. The occupied unit has four rooms, three bathrooms, reception and waiting areas, a break room, office and storage, with a lease extending through September 2027.
Updates include a roof replacement in 2024 serving both units, a new HVAC system in the vacant unit in 2019, and a hot water heater replacement there in 2024. The leased unit’s hot water heater was replaced in 2025; its HVAC dates to 2006. The complex has 34 shared parking spaces available on a first-come, first-served basis.
Updates include a roof replacement in 2024 serving both units, a new HVAC system in the vacant unit in 2019, and a hot water heater replacement there in 2024. The leased unit’s hot water heater was replaced in 2025; its HVAC dates to 2006. The complex has 34 shared parking spaces available on a first-come, first-served basis.
Key Highlights
- 3,702 square feet on the first floor and 356 square feet on the second
- Two units of approximately 1,850 square feet each
- Vacant unit has four exam rooms, three bathrooms, nurses station, office, waiting room, reception area and storage
Property Analytics
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,366
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two units offer medical office layouts, with one vacant and the other leased through September 2027.
Where is this medical office space located?
The property is located at 914 914b Marwalt Dr Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: 3,702 square feet on the first floor and 356 square feet on the second; Two units of approximately 1,850 square feet each; Vacant unit has four exam rooms, three bathrooms, nurses station, office, waiting room, reception area and storage
