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    Property profile & analytics

    14 Racetrack NE Rd Fort Walton Beach, FL 32547-1801

    • Retail space
    • 8,370 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Location Intelligence
    Property ID
    US18-4314946
    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

    • Simply Elegant Bridal / Bridal Shop / Dress Store
    • Simply Certified Sandals Specialist / Travel Agency

    Property Details for 14 Racetrack NE Rd

    Year built
    1959
    Construction
    FRAME
    Lot size
    0.32 lot acres
    Property size
    8,370 SF
    Zone code
    RUS
    Property type
    Retail space
    APN
    35-1S-24-1550-0006-0000
    APU
    351S24155000060000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $385,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $325,000
      Retail
      $375,000
      Mixed-Use
      $330,000
      Hospitality
      $395,000
      Educational
      $320,000
      Residential Income
      $405,000
      Energy
      $375,000
      Income-Based Land
      $375,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6127
    Latitude
    30.4491
    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
    $5,368
    $282,592
    $150,973
    $433,565
    -
    $282,592
    $150,973
    $433,565

    Comparable in this City

    • Value Estimation by Request
      15,404 SF

      1988 Lewis Turner Blvd

      RETAIL STORES (PERSONAL SERVICES) • 15,404 SF
      1988 Lewis Turner Blvd, Fort Walton Beach, FL 32547-1255
      View Details
    • Value Estimation
      $420,000
      7,609 SF

      250 Eglin NE Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 7,609 SF
      250 Eglin NE Pkwy, Fort Walton Beach, FL 32547-2867
      View Details
    • Value Estimation
      $495,000
      15,672 SF

      314 Eglin NE Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 15,672 SF
      314 Eglin NE Pkwy, Fort Walton Beach, FL 32547-2860
      View Details
    • Value Estimation
      $240,000
      1,830 SF

      705 Eglin NE Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 1,830 SF
      705 Eglin NE Pkwy, Fort Walton Beach, FL 32547-2527
      View Details
    • Value Estimation by Request
      0.16 Acres

      91 Monahan Dr

      RETAIL STORES (PERSONAL SERVICES) • 0.16 Acres
      91 Monahan Dr, Fort Walton Beach, FL 32547
      View Details
    • Value Estimation
      $425,000
      8,528 SF

      128 Racetrack NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,528 SF
      128 Racetrack NE Rd, Fort Walton Beach, FL 32547-1881
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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    • $1,650,000
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      Prime Ft. Walton Beach Flex Space

      Fully renovated, 19,000+ SF flex space. Excellent location.
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      Income-producing property with development potential in Ft Walton Beach, FL.
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    Similar Nearby for Lease

    • $1,800 /Mo
      1,040 SF

      Office/Retail Space Near Military Bases

      Office/retail space near Hurlburt Field with high traffic count.
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    • $375 /Mo

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      Easily accessible retail space in a prime Fort Walton Beach location.
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    • $10 SF/Yr
      8,450 SF

      Retail Space in Mariner Plaza

      Retail or office space available in Mariner Plaza.
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      View Details
    • $1,248 /Mo
      892 SF

      Retail Space with High Visibility

      Retail space with front and rear access and parking.
      294 Eglin Pkwy NE, Fort Walton Beach, FL 32547
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    • $3,400 /Mo

      Fort Walton Beach Office/Retail Space

      3,000 SF office/retail space in high-traffic Fort Walton Beach.
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      View Details
    • $12 SF/Yr
      10,265 SF

      Retail/Office Space in Fort Walton

      10,265 SF space ideal for retail or office use.
      109-113 Racetrack Rd NE, Fort Walton Beach, FL 32547
      View Details
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    Fort Walton Beach, FL 32547-1801
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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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