1290 Beverly StFort Walton Beach, FL 32548

  • Retail properties
  • 7,168 SF
For Sale
$900,000 View listing

Property Details for 1290 Beverly St

Year built
1990
Construction
STEEL FRAME
Lot size
0.48 AC
Property size (Sq ft)
7,168 SF
Property type
Retail properties
Property subtype
Other retail properties
APN
34-1S-24-0000-0111-0010
APU
341S24000001110010

Description

This exceptional 5,500 square foot commercial property in Fort Walton Beach, Florida, presents a unique opportunity for businesses seeking versatile space. Located at 1290 Beverly St, in Okaloosa County, zip code 32548, this property seamlessly blends office and warehouse functionality. The layout includes 2,000 square feet of dedicated office space, ideal for administrative functions, client meetings, and team collaboration. Complementing the office area is a substantial 3,500 square foot warehouse, providing ample room for storage, production, or distribution. This flexible space is perfect for a variety of businesses needing both office and warehouse capabilities. The asking price for this strategically located property is $900,000. The property's address is verified as 1290 Beverly St, Fort Walton Beach, FL 32548. Its geographic coordinates are latitude 30.4034846 and longitude -86.6107106. This is a prime opportunity to acquire a well-designed and functional commercial space in a thriving Florida market. The property is classified as both Office and Industrial, with a specific subtype of Warehouse. Don't miss this chance to secure your business's future in this dynamic location.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,427,069
    6.5%
    $1,317,295
    7%
    $1,223,202
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,222,564
    Geo Method
    $1,284,124
  • Alternative Use

    Use
    Valuation
    Residential
    $1,111,188
    Hospitality
    $1,017,842
    Educational
    $846,832
    Medical
    $875,956
    Retail
    $1,317,295
1290 Beverly St, Fort Walton Beach, Florida

Location Insight

City
Fort Walton Beach
County
Okaloosa
State
Florida
Latitude
30.4553
Longitude
-86.643
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
$2,570
$96,518
$111,045
$207,563
-
$96,518
$111,045
$207,563

FAQs

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