Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    31 Kelly NE Ave Fort Walton Beach, FL 32548-4412

    • Retail space
    • 1,159 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 22, 2023
    Location Intelligence
    Property ID
    US18-3709448
    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

    • Retail space

    Property Details for 31 Kelly NE Ave

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.17 lot acres
    Property size
    1,159 SF
    Property type
    Retail space
    APN
    12-2S-24-0460-0021-0010
    APU
    122S24046000210010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.611
    Latitude
    30.4201
    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
    $1,543
    $45,035
    $57,259
    $102,294
    -
    $45,035
    $57,259
    $102,294

    Comparable in this City

    • Value Estimation by Request
      480 SF

      150 Miracle Strip SE Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 480 SF
      150 Miracle Strip SE Pkwy, Fort Walton Beach, FL 32548-5883
      View Details
    • Value Estimation by Request
      2,200 SF

      152 Miracle Strip SE Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 2,200 SF
      152 Miracle Strip SE Pkwy, Fort Walton Beach, FL 32548-5883
      View Details
    • Value Estimation by Request
      672 SF

      124 Hollywood SW Blvd

      RETAIL STORES (PERSONAL SERVICES) • 672 SF
      124 Hollywood SW Blvd, Fort Walton Beach, FL 32548-4778
      View Details
    • Value Estimation by Request
      4,017 SF

      7 Walter Martin NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,017 SF
      7 Walter Martin NE Rd, Fort Walton Beach, FL 32548-4281
      View Details
    • Value Estimation by Request
      1,500 SF

      206 Brks SE St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      206 Brks SE St, Fort Walton Beach, FL 32548-5829
      View Details
    • Value Estimation by Request
      2,824 SF

      564 Beal Pkwy

      Individual retail properties • 2,824 SF
      564 Beal Pkwy, Fort Walton Beach, FL 32548
      View Details

    Similar Nearby for Sale

    • $1,895,000

      Prime Fort Walton Beach Location

      Highly visible retail/office space in downtown Fort Walton Beach.
      96 SE Miracle Strip Pkwy Pkwy, Fort Walton Beach, FL 32548
      View Details
    • $650,000
      3,500 SF

      Flex Space with Retail Capabilities

      Flex space with retail potential near major retailers and restaurants.
      214 Jonquil Ave NW, Fort Walton Beach, FL 32548
      View Details
    • $399,900

      Established Laundromat on Beal Parkway

      Turnkey laundromat with dry cleaning and alteration services for sale.
      49 Beal Pkwy, Fort Walton Beach, FL 32548
      View Details
    • $1,895,000

      Prime Corner Location in Fort Walton

      Highly visible office/retail spaces in Fort Walton Beach downtown district.
      96 SE Miracle Strip Pkwy Pkwy, Fort Walton Beach, FL 32548
      View Details
    • $350,000

      Retail Space with Modern Amenities

      1,100 SF retail space with flexible potential uses.
      31 NE Kelly Ave, Fort Walton Beach, FL 32548
      View Details
    • $395,000

      Freestanding Commercial Building Ready Now

      Commercial freestanding building in a prime location, ready for occupancy.
      216 NE Troy St, Fort Walton Beach, FL 32548
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      1,775 SF

      Retail Space on Beal Parkway

      1,775 SF retail unit in Fort Walton Beach, Florida.
      59 Beal Pkwy SE, Fort Walton Beach, FL 32548
      View Details
    • $875 /Mo

      Retail Space in Busy Center

      Retail space in a high-traffic Fort Walton Beach location.
      1 NW Holmes Blvd, Fort Walton Beach, FL 32548
      View Details
    • $2,650,000
      11,800 SF

      Retail Building on Eglin Parkway

      11,800 SF retail building on 1.48 acres for rent.
      11 Eglin Pkwy SE, Fort Walton Beach, FL 32548
      View Details
    • $1,500 /Mo
      1,100 SF

      Retail Space with New Renovations

      Renovated retail space featuring open layout and storage room.
      Eglin Pkwy, Fort Walton Beach, FL 32548
      View Details
    • $3,000 /Mo
      1,948 SF

      High Visibility Commercial Building For Rent

      1,800 SF commercial building with high traffic visibility.
      58 Beal Pkwy, Fort Walton Beach, FL 32548
      View Details
    • $1,200 /Mo
      1,100 SF

      Retail Space on High-Traffic Street

      1,100 sq. ft. retail space with excellent visibility.
      6 NW Hollywood Blvd, Fort Walton Beach, FL 32548
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    31 Kelly NE Ave
    Fort Walton Beach, FL 32548-4412
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.