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    355 Beal Pkwy Fort Walton Beach, FL 32548

    Sponsored
    For Lease
    $20 SF/Yr ($5,451 /Mo)

    3,271 SF Office, High Visibility

    Lot size:
    3,271 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This single-tenant office building, totaling 3,271 square feet, is ideally situated at 355 Beal Pkwy NW in Fort Walton Beach, Florida, zip code 32548. Boasting approximately 229 feet of frontage on Beal Parkway, this property enjoys exceptional visibility with a daily traffic count of 33,000 vehicles. The building, constructed in 1972 and renovated the same year, is classified as Class B and sits on a 0.51-acre lot. The single-story structure features 14 parking spaces, but no elevators. Zoned C-3 (General Commercial), this versatile space offers a range of possibilities. Previously used as a medical office, it's well-suited for various professional office uses. The interior comprises a spacious waiting/reception area, eight private offices/exam rooms (two with en-suite restrooms), two staff support areas with sinks, and two restrooms conveniently located at each end of the building. Additional space includes several open and private areas for administrative functions, storage, or extra office space. A rear addition, accessible via a private entrance/exit, provides a large office with two smaller offices/storage rooms. The property's APN is 10-2S-24-2110-0003-0060. Located in the Fort Walton Beach submarket within the Crestview-Fort Walton-Destin cluster, this property presents a compelling opportunity for businesses seeking a prominent location with ample space and convenient amenities.

    Property Features for 355 Beal Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,271 SF
    Class
    B
    Total Rate
    5451.67

    Building Details

    Year Built/Renovated
    1972/1972
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,271 SF
    Rate per SF
    $20

    HighLights

    • Medical/professional office building for sale.
    • 3,271 square feet of rentable space.
    • Prime Fort Walton Beach, FL location.
    • 229 feet of Beal Parkway frontage.
    • 16 total parking spaces.
    • High traffic count: 33,000 vehicles daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Discovery Tree Therapies, ... Medical Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -86.636739779648
    Latitude
    30.427605830506

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    FAQs

    What type of property is this?
    Medical office - 3,271 SF Office, High Visibility
    Where is this medical office located?
    The property is located at 355 Beal Pkwy Fort Walton Beach, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Medical/professional office building for sale.; 3,271 square feet of rentable space.; Prime Fort Walton Beach, FL location.
    Request Owner's contact information
    355 Beal Pkwy Fort Walton Beach, FL 32548
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    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

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    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
    355 Beal Pkwy Fort Walton Beach, FL 32548
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