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Property profile & analytics

45 Eglin Pkwy Fort Walton Beach, FL 32548

  • Office buildings
  • 1.33 lot acres
Value Estimation
$8,315,000
Last Sale
Sep 12, 2022
$9,150,000
Location Intelligence
Property ID
US18-2071339
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Merrill Lynch Wealth Management / Financial Planner / Investment Service
  • Waldorff Insurance & Bonding / Insurance Agency / Auto Insurance Agency
  • Merrill Lynch Financial Advisor Shane A. O'Dell / Financial Planner / Financial Consultant
  • Team Huffin Homes / Real Estate Agents
  • Merrill Lynch Financial Advisor Matt Byrd / Financial Consultant / Financial Planner

Property Details for 45 Eglin Pkwy

Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.33 lot acres
Property type
Office buildings
APN
13-2S-24-0000-0010-0020
APU
132S24000000100020

Description

This exceptional three-story, Class A office building, constructed in 2009, offers a variety of spaces ideal for traditional office, executive suites, coworking, or medical practices. Located at the high-traffic intersection of Eglin Parkway and Staff Drive (39,500 CPD), it enjoys unparalleled visibility and accessibility. Its proximity to Hwy 98 (36,000 CPD), a major thoroughfare, and just one mile from the highway ensures convenient access for clients and employees throughout the Florida Panhandle. The building is also strategically situated six miles from Eglin Air Force Base and a mere 0.4 miles from Uptown Station, a prominent shopping center in Fort Walton Beach, providing employees with ample amenities nearby. The modern architecture and high-quality finishes create a sophisticated and comfortable work environment. Highly visible monument signage ensures strong brand recognition. Currently, the building houses established tenants such as Warren Averett, Waldorff Insurance & Bonding, and Coldwell Banker Realty, demonstrating the property's desirability and strong tenant base. The single-tenancy option provides flexibility for businesses seeking a prestigious and well-located office space. This is a rare opportunity to secure a prime location in a thriving area.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $7,435,000
  • CAP approach

    CAP return
    Estimation
    6%
    $9,920,000
    6.5%
    $8,890,000
    7%
    $9,595,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $8,410,000
    Geo Method
    $8,155,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $10,775,000
    Retail
    $10,235,000
    Mixed-Use
    $9,970,000
    Hospitality
    $10,390,000
    Educational
    $7,805,000
    Residential Income
    $10,910,000
    Energy
    $7,900,000
    Income-Based Land
    $8,955,000
    Food Service
    $8,530,000

Location Insight

  • Map
  • Local Demand
City
Fort Walton Beach
County
Okaloosa
State
Florida
Longitude
-86.6053
Latitude
30.4151
CBSA code
18880
CBSA name
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$90,936
$618,723
$5,903,327
$6,522,050
-
$618,723
$5,903,327
$6,522,050
More about this property
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