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    4506 Fl-20 Niceville, FL 32578

    For Lease
    $1.00 SF/Yr ($8,799 /Mo)

    Niceville, FL retail & office suites.

    Lot size:
    105,599 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Bluewater Bay Shopping Center & Office Complex offers exceptional commercial space in Niceville, Florida. This 105,599 square foot property, situated on 10.2 acres at 4506 FL-20 (zip code 32578), features a diverse mix of retail, restaurant, and office space. Currently, 21,835 square feet are available, with spaces ranging from a minimum of 1,785 square feet to a maximum contiguous space of 11,250 square feet. The property boasts excellent visibility from the highly trafficked Highway 20, ample parking, and prominent pylon signage opportunities. The landlord is open to subdividing larger spaces to accommodate tenant needs. This Winn-Dixie anchored shopping center is located within the desirable Niceville trade area, offering a strong co-tenant mix and a prime location for businesses seeking high visibility and accessibility. The property's APN is 23-1S-22-0000-0001-0150. The property is categorized as a shopping center with traditional and executive office space available. Up to 2,500 square feet of restaurant space and 2,500 square feet of office space are available for lease.

    Property Features for 4506 Fl-20

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    105,599 SF
    Total Rate
    8799.92

    Unit(s) available at that property

    Space
    Suite 4538
    Size
    2,500 SF
    Rate per SF
    $1.00
    Space
    Suite 4506-250
    Size
    1,918 SF
    Space
    Suite 1503
    Size
    2,500 SF
    Space
    Suite 4518
    Size
    1,200 SF
    Space
    Suite 4510
    Size
    2,400 SF
    Rate per SF
    $1.00

    HighLights

    • Prime retail, restaurant, and office space available in a Winn‑Dixie‑anchored shopping center in desirable Bluewater Bay, Niceville, FL.
    • Excellent Niceville location with ample parking and prominent pylon signage opportunities on high‑traffic Highway 20.
    • High visibility with over 28,500 vehicles per day (VPD).
    • Strong demographics: Average household income over $103,015 within a 5‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Niceville
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.4197985
    Latitude
    30.4877203

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    FAQs

    What type of property is this?
    Lifestyle center - Niceville, FL retail & office suites.
    Where is this lifestyle center located?
    The property is located at 4506 Fl-20 Niceville, FL.
    What is the lease rate?
    The lease rate is $0.00-$1.00 SF/Yr.
    What are key features of this property?
    This property features: Prime retail, restaurant, and office space available in a Winn-Dixie-anchored shopping center in desirable Bluewater Bay, Niceville, FL.; Excellent Niceville location with ample parking and prominent pylon signage opportunities on high-traffic Highway 20.; High visibility with over 28,500 vehicles per day (VPD).
    Request Owner's contact information
    4506 Fl-20 Niceville, FL 32578
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    Niceville, FL 32578
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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

    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
    4506 Fl-20 Niceville, FL 32578
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