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Investment Highlights

  • Ample parking
  • Strong street presence
  • Easy access
  • Income-producing investment opportunity with future flexibility for an owner-occupant or redevelopment

Executive Summary

Prime investment opportunity in the heart of Fort Walton Beach—this well-positioned, single-story office building offers exceptional visibility and accessibility along the highly traveled Mary Esther Cut Off corridor.
Previously operating as a medical/urgent care facility, this approximately 6,000+ square foot building sits on a generous lot and is designed for functionality with ample parking, easy access, and strong street presence. The property provides an ideal setup for medical, professional office, or owner-user scenarios.
Existing tenant lease term expires March 1, 2026. This property presents a compelling income-producing investment opportunity with future flexibility for an owner-occupant or redevelopment.
Located just minutes from Eglin AFB, Hurlburt Field, and the beaches of Okaloosa Island, this central location offers strong demand drivers and long-term growth potential in one of the Gulf Coast’s most active markets.
Whether you're looking to expand your portfolio or secure a strategic location for your business, this property delivers on location, visibility, and opportunity.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,000 SF
Building Class
B
Year Built
1984
Price
$2,691,507 CAD
Price Per SF
$448.58 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,000 SF
Building FAR
0.21
Lot Size
0.67 AC
Parking
25 Spaces (2.56 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
20/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 09-2S-24-1860-0014-0060
  • 09-2S-24-1860-0014-0270
Land Assessment
$491,449 CAD
Improvements Assessment
$656,240 CAD
Total Assessment
$1,147,690 CAD
Annual Taxes
-$6,000 CAD (-$1.00 CAD/SF)
Tax Year
2025
  • Listing ID: 38694692

  • Date on Market: 2025-12-08

  • Last Updated:

  • Address: 514 Mary Esther Cut, Fort Walton Beach, FL 32548

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