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    30 Ferry Rd Fort Walton Beach, FL 32548

    • Commercial real estate
    • 2,760 SF
    • 0.23 lot acres
    For Sale
    View listing
    $670,000
    Value Estimation
    Last Sale
    Nov 10, 2021
    $547,000
    Location Intelligence
    Property ID
    US18-2996736
    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

    • EASY Vacation Services / Vacation Home Rental Agency

    Property Details for 30 Ferry Rd

    Year built
    2007
    Construction
    STEEL FRAME
    Lot size
    0.23 lot acres
    Property size
    2,760 SF
    Property type
    Commercial real estate
    APN
    13-2S-24-1910-0292-0000
    APU
    132S24191002920000

    Description

    This freestanding, 2,208 square foot Class C office building in Fort Walton Beach, Florida, presents a compelling investment opportunity. Currently 100% occupied by Easy Vacation Services under a Net Lease agreement with 4.3 years remaining (plus two five-year renewal options), this single-tenant property boasts a 6.00% cap rate and an asking price of $670,000. Built in 2007, the one-story building sits on a 0.23-acre lot (APN: 13-2S-24-1910-0292-0000) and enjoys a prime location in the heart of Fort Walton Beach's core retail trade area, near Eglin Pkwy (over 53,000 vehicles daily). The property benefits from its proximity to numerous national retailers and restaurants, including Ross, Ulta, and more. The tenant shares a parking lot with Step One Automotive Group. The lease commenced January 29, 2024, and expires February 28, 2029. Seller financing may be considered. This is an exceptional opportunity to acquire a well-located, NNN-leased asset in a tax-free state. The property consists of two units within a single building.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $660,000

    • CAP approach

      CAP return
      Estimation
      6%
      $495,000
      6.5%
      $485,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $590,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $515,000
      Retail
      $480,000
      Mixed-Use
      $475,000
      Hospitality
      $500,000
      Educational
      $515,000
      Residential Income
      $590,000
      Energy
      $530,000
      Income-Based Land
      $545,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6021
    Latitude
    30.4092
    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
    $4,250
    $59,939
    $295,323
    $355,262
    -
    $59,939
    $295,323
    $355,262

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    30 Ferry Rd
    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

    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
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