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    Fort Walton Beach, FL Medical Office Space for Sale

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    Mary Esther, FL Shalimar, FL Destin, FL Miramar Beach, FL Valparaiso, FL Niceville, FL Navarre, FL Navarre Beach, FL
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    Second-Floor Office Suite
    Updated: Apr 24
    Second-Floor Office Suite

    139 Beal Parkway Unit 204, Fort Walton Beach, FL 32548

    $99,000
    800 sqft
    Second‑floor office space in Brandon Place on Beal Parkway in Fort Walton Beach (Unit 204).
    Approximately 800 SF with a flexible layout for office or professional uses.
    Includes a private office and a private restroom.
    Brand new carpet installed throughout.
    CAM fees are $900 per quarter and include elevator maintenance, water, trash, landscaping, and on‑site security cameras.
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    This listing looks promising.

    Here's a quick look at some key insights for

    139 Beal Parkway Unit 204, Fort Walton Beach, FL 32548

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $9K
      Annual

    • Price @ 7% Cap

      $129K
      Above asking

    • Last Sold

      Jul 2021
      $62K

    • Property Type

      Condominium Offices
      Built 2007
    View Property Analytics
    Drive-Through Net Lease Retail
    Updated: Jun 30
    Drive-Through Net Lease Retail

    516 Mary Esther Cut Off Northwest, Fort Walton Beach, FL 32548

    $2,752,000
    5,050 sqft
    Two‑tenant net lease investment with Aspen Dental and Dunkin, each on triple‑net (NNN) leases
    Weighted average lease term remaining of 6.4 years
    Both tenants have operated at the site for 13+ years and exercised 10‑year extensions
    Drive‑thru location on a 1‑acre parcel
    Frontage and visibility at the lighted intersection of Mary Esther Cut Off and Lovejoy Rd (31,700 VPD)
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    Medical Office Space For Sale
    Medical Office Space For Sale

    914B Marwalt Drive, Fort Walton Beach, FL 32547

    $670,000
    4,058 sqft

    Medical office space with lease income until September 2027.

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    Two-Unit Medical Office Building
    Two-Unit Medical Office Building

    914b Marwalt Drive, Fort Walton Beach, FL 32547

    $670,000
    4,058 sqft

    Medical office building with two units, including exam rooms, offices, and shared first-come parking.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Prime Commercial Building For Sale
    Prime Commercial Building For Sale

    50 Eglin Pkwy, Fort Walton Beach, FL 32548

    $1,300,000
    2,776 sqft 0.68 AC lot

    2,776 SF building on 0.68 acres near Gulf.

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    Medical Office Suite Opportunity
    Medical Office Suite Opportunity

    1013 Marwalt Drive D, Fort Walton Beach, FL 32547

    $400,000
    2,500 sqft

    Office suite with multiple work areas and reception potential, offering convenient client and staff access in Fort Walton Beach.

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    Office Suite with Multiple Work Areas
    Office Suite with Multiple Work Areas

    B-1013 Mar Walt Dr, Fort Walton Beach, FL 32547

    $200,000
    1,200 sqft

    For sale office suite in unit B, featuring multiple work areas and reception potential at 1013 Mar Walt Drive.

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    Office Suite with Multiple Work Areas
    Office Suite with Multiple Work Areas

    A-1013 Mar Walt Dr, Fort Walton Beach, FL 32547

    $200,000
    1,200 sqft

    Office suite with a functional layout that includes multiple work areas and reception potential in a well-traveled setting.

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    Second-Floor Office Suite
    Second-Floor Office Suite

    204-139 Beal Pkwy Se, Fort Walton Beach, FL 32548

    $99,000
    800 sqft

    Second-floor office suite with private office, private restroom, and newly installed carpet.

    View details
    Medical Office Near Fort Walton
    Medical Office Near Fort Walton

    908 Marwalt Drive, Fort Walton Beach, FL 32547

    $879,000

    Medical office building near Fort Walton Beach Medical Center.

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 10 Active listings in Fort Walton Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Tenant Office Building with Storage
    Multi-Tenant Office Building with Storage

    124 John King Rd, Crestview, FL 32539

    $1,700,000
    6,051 sqft

    Newer multi-tenant office building with two leased suites and four 10x10 storage units.

    View details
    Commercial Building with Flexible Suites
    Commercial Building with Flexible Suites

    1078 S Ferdon Boulevard, Crestview, FL 32536

    $689,900
    0.35 AC lot

    Versatile commercial building with layout options for various business needs.

    View details
    Destin Class A Office Building
    Destin Class A Office Building

    4635 Gulfstarr Drive, Destin, FL 32541

    $3,500,900
    15,000 sqft 1.10 AC lot

    Fully leased Class A office building in Destin, Florida.

    View details
    Medical Office Suite in Landmark Building
    Medical Office Suite in Landmark Building

    385 Harbor Boulevard 1, Destin, FL 32541

    Contact for pricing
    5,911 sqft

    Available first-floor suite includes former dental office space within a recently renovated building on Harbor Boulevard.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Site Front Beach
    Prime Commercial Site Front Beach

    8600 Front Beach Road, Panama City Beach, FL 32407

    $549,000
    11,805 sqft 0.27 AC lot

    Exceptional visibility, flexible zoning, ideal for office or medical development.

    View details
    Zoned Mixed-Use Land Parcel
    Zoned Mixed-Use Land Parcel

    10200 BLK Hwy 97, Walnut Hill, FL 32568

    $119,500
    4.45 AC lot

    Zoned RMU commercial land offering residential development potential with allowance for limited small retail and services.

    View details
    Bainbridge Commercial Land For Sale
    Bainbridge Commercial Land For Sale

    Wheat Ave., Bainbridge, GA 39819

    $150,000
    0.52 AC lot

    Commercial land in Bainbridge's hospital district, ideal building site.

    View details
    Prime Commercial Land I-10 Access
    Prime Commercial Land I-10 Access

    13995 Sam Seymour Rd, Ocean Springs, MS 39565

    $650,000
    1.29 AC lot

    Commercial property suitable for hotel, multi-family, medical offices, restaurant/retail.

    View details

    Off-Market Properties in Fort Walton Beach, FL

    Consider similar Off-Market properties in Fort Walton Beach, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    220 Eglin Pkwy
    Medical Office Space

    220 Eglin Pkwy, Fort Walton Beach, FL 32547

    Value Estimation by Request
    View details
    995 Mar Walt Dr
    MEDICAL CLINIC

    995 Mar Walt Dr, Fort Walton Beach, FL 32547-6758

    $1,480,000
    Estimated value
    13,818 sqft 1.78 AC lot
    View details
    914 Mar Walt Dr, Unit A
    MEDICAL BUILDING

    914 Mar Walt Dr, Fort Walton Beach, FL 32547-6706

    Unit A
    Value Estimation by Request
    2,616 sqft 0.06 AC lot
    View details
    914 Mar Walt Dr, Unit B
    MEDICAL BUILDING

    914 Mar Walt Dr, Fort Walton Beach, FL 32547-6706

    Unit B
    Value Estimation by Request
    4,058 sqft 0.08 AC lot
    View details

    Fort Walton Beach, FL Medical Office Space Market Trends and Statistics

    Explore 14 medical office space for sale in Fort Walton Beach, FL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 22,442 square feet of properties for sale, with an estimated market value of $7,269,000.

    Sale prices for medical spaces in Fort Walton Beach, FL start at $99,000, averaging $726,900, and reaching up to $2,752,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 51
    Office buildings 29
    Medical Office Space 18
    Coworking space 2

    Demographics Overview

    Population 59K
    Population Growth (5Y) +7.7%
    Median Household Income $66,255
    College Educated 25.9%

    High-Yield Neighborhoods for Investment

    Identify Fort Walton Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32547 $774.5K
    32548 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.28%
    Property Tax per SF $17.48 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Okaloosa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Okaloosa County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Fort Walton Beach fall within the 10,000 to 25,000 square foot range.

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