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Property profile & analytics
FOR LEASE
Office buildings

45 Eglin Pkwy Fort Walton Beach, FL 32548

1.33 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-2071339
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot 1.33 ac (57,876 SF)
APN 13-2S-24-0000-0010-0020
UPID US18-2071339
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Merrill Lynch Wealth Management Financial Advisor
  • Waldorff Insurance & Bonding Insurance Agency
  • Merrill Lynch Financial Advisor Shane A. O'Dell Financial Advisor
  • Team Huffin Homes Real Estate Agency
  • Merrill Lynch Financial Advisor Matt Byrd Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.54M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.32M
Owner & transaction history
45 Fort Walton LLC · 3 yrs held
45 Fort Walton LLC
since 2022
Last sale
$9.2M
1 recorded transaction
2022
$9.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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