Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    49 Beal Pkwy Fort Walton Beach, FL 32548

    For Sale
    $569,000

    Prime Retail Location, High Visibility

    Property size:
    4,855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 4,855 square foot shopping center, situated on a 0.23-acre lot in Fort Walton Beach, Florida, presents a rare investment opportunity. Built in 1957 and renovated in 1960, this single-story building boasts 4,152 square feet of net rentable space and an identical amount of air rights, all under a commercial zoning permit (APN: 13-2S-24-1771-0007-0010). Currently housing a successful laundromat, dry cleaning, and alteration service operating for 23 years, the property benefits from its high-traffic location. Its proximity to major roadways (1.3 miles from Highway 98), popular tourist destinations (2 miles from Okaloosa Island), and significant military bases (5 miles from Eglin Air Force Base and 7 miles from Hurlburt Field) ensures consistent customer traffic and strong rental potential. The property's established business offers a turnkey operation, ideal for an investor seeking a stable, income-generating asset in a high-demand area. This is a unique chance to acquire a well-positioned retail property with a proven history of success. The asking price is $569,000.

    Property Features for 49 Beal Pkwy

    General Information

    Property type
    Lifestyle centers
    Square Feet
    4,855 SF
    Lot Size
    10,019 SF

    Building Details

    Year Built/Renovated
    1957/1960
    Stories
    1
    Units
    1

    HighLights

    • $569,000 asking price.
    • 4,855 square foot retail shopping center.
    • 4,152 square feet of net rentable space.
    • Located at 49 Beal Pkwy NE, Fort Walton Beach, FL 32548.
    • Built in 1957, renovated in 1960, single‑story building on a 0.23‑acre lot.
    • APN: 13‑2S‑24‑1771‑0007‑0010.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Essential HVAC Contractor ... Dry Cleaner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6134157
    Latitude
    30.4172557

    Nearby Similar for Sale

    • $713,592
      3,322 SF

      Fully Occupied Multi-Family Investment

      Income-producing multi-family property with development potential in Fort Walton Beach.
      816 8, Fort Walton Beach, FL 32547
      View Details
    • $595,000
      4,464 SF

      Fort Walton Beach Triplex

      Triplex on a large lot, ideal for investors/homebuyers.
      106 Star Dr, Fort Walton Beach, FL 32547
      View Details
    • $586,405
      2,750 SF

      Fully Occupied Multi-Family Investment

      Income-producing multi-family property with development potential near Eglin AFB.
      818 4Th St, Fort Walton Beach, FL 32547
      View Details
    • $360,000
      Pending

      Fort Walton Beach Multifamily Duplex

      Two-unit property ideal for investors or owner-occupants.
      607 W Sunset Blvd, Fort Walton Beach, FL 32547
      View Details
    • New
      $450,000
      Pending

      Fully Occupied Four-Plex Investment

      Income-producing four-plex near schools, shopping, and military bases.
      94 NE Harris Rd, Fort Walton Beach, FL 32547
      View Details
    • $449,000
      Pending

      Waterfront Lot in Fort Walton

      Half-acre waterfront lot in Elliott Point. Cash only.
      370 NE Gardner Dr, Fort Walton Beach, FL 32548
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Location, High Visibility
    Where is this lifestyle center located?
    The property is located at 49 Beal Pkwy Fort Walton Beach, FL.
    What is the asking price?
    The asking price for this property is $569,000.
    What are key features of this property?
    This property features: $569,000 asking price.; 4,855 square foot retail shopping center.; 4,152 square feet of net rentable space.
    Request Owner's contact information
    49 Beal Pkwy Fort Walton Beach, FL 32548
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    49 Beal Pkwy
    Fort Walton Beach, FL 32548
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    49 Beal Pkwy Fort Walton Beach, FL 32548
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.