737 NW Beal Parkway, Fort Walton Beach, FL 32547
$2,400,000
Property Type:
Commercial for Sale
Lot Size (sq. ft.):
43,560
Status:
Sold
Current Price:
$2,400,000
List Date:
12/07/2020
Last Modified:
10/12/2024
Overview
Description
Listing Details MLS# 834680
Status Change Info
- Under Contract Date
- 2021-01-19
- Sold Date
- 2021-02-24
Contract Info
- GCCMLS Number
- 1111111
- Listing Board
- Emerald Coast
Location Tax and Legal
- Area
- 12 - Fort Walton Beach
- Street #
- 737
- Street Direction
- NW
- Street Name
- Beal
- Street Suffix
- Parkway
- State
- FL
- Zip Code
- 32547
- County
- Okaloosa
- Parcel ID
- 03-2S-24-0000-0221-0000
General Property Info
- Listed on GCCMLS
- Yes
- Vacant
- No
- Immediate Occupancy
- No
- Acreage
- Yes
- Lot SqFt
- 43500
- Lot Frontage
- 217
- Lot Depth
- 200
Income Producing
- Building SqFt
- 14975
- Net Operating Income
- 203248
- Cap Rate
- 7.2
More Information
Retail
- Year Built
- 1987
- # of Units
- 4
Location, Tax and Legal
- Sub Area
- 1206 - Ocean City
- Property Name
- Century Court
- Legal Description
- COM SW COR OF SE1/4 N1485 FT TO POB E200 FT N217 FT W200 FT S217 FT TO POB
Listing Info, Tax & Legal
- As Is
- Yes
Remarks & Misc
- Remarks
- Incredible Income Producing strip center located among tremendous retail synergy in NW Fort Walton Beach. This property sits on the SE corner of Beal Parkway & Lewis Street. This lighted intersection is shared with ChickFila, WalMart, Sam's and Advanced Auto Parts. This 14975 SF retail building is home to Sleep Center, Pinch A Penny Pools Supply and InstaLoan. Each of these tenants have been in this location for approximately 10 years. All tenants have additional options to renew its lease. Additionally, the property has a large billboard leased to Lamar Advertising. Call me to discuss the building and the tenant details at your convenience.
Class
- Income Producing
- Yes
- Retail
- Yes
Construction Status
- Existing
- Yes
Property Features
Class:
Income Producing; Retail
Construction Status:
Existing
Documents
Site Plan ›
Listing Office:
Taylor Allen Properties LLC
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.