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For Sale

$19,750,000

73 NE Eglin Parkway
Fort Walton Beach, FL 32548

JG Plaza of Ft. Walton Beach, Florida is one of the newest, most technologically advanced and efficient buildings of the regional market and allows for a highly visible Class A professional office and retail concept. The retail of Uptown Station and the surrounding economic engines of the Air Force Bases, Defense Contractors, and Technology Companies accelerate the synergies for this landmark venue. JG Plaza offers an abundance of parking capacity, and an outparcel that contains an operating second generation restaurant site, which separate sale and price would be contingent upon the sale of JG Plaza. The rent roll of national credit-rated tenants is stellar, currently computing an annual net operating income of approximately $1,400,000.00. JG Plaza was... Read More

Market Status
Available
Last Updated
June 16, 2021

Property Type
Commercial Property
Year Built
2009
MLS Area
Fort Walton Beach

Local Market Conditions

There are currently 297 properties for sale in the Okaloosa County, FL area with the average listing price of $894,665. This represents an increase of +4.2% over the previous week. The 3 bedroom homes saw the largest increase in the average listing price over the previous week with a +1.4% increase. To learn more about the Okaloosa County, FL area, contact a local expert!

Market Snapshot for Okaloosa County, FL

Avg. Listing Price

$894,665

Wk ending Jun 12

$+35,881

+4.2%

w-o-w

297

76

43

8

Average Listing Price for Okaloosa County, FL
No. BedroomsNo. Beds Week Ending
(Jun 12)
w-o-w Week Ending
(Jun 5)
Week Ending
(May 29)
Week Ending
(May 22)
All PropertiesAll $894,665 +4.2% $858,784 $912,486 $890,340
1 bedroom1 BR $480,000 +0.0% $480,000 $480,000 $480,000
2 bedrooms2 BR $263,367 -4.8% $276,569 $373,213 $345,070
3 bedrooms3 BR $511,451 +1.4% $504,339 $524,241 $483,720
4 bedrooms4 BR $662,706 -1.1% $670,034 $685,975 $690,755

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Listing Provided By:

John Paul Somers

Somers & Company

Phone
This $19,750,000 Commercial Property at 73 NE Eglin Parkway in Fort Walton Beach, FL is offered by John Paul Somers. This $19,750,000 Commercial Property, located in the 32548 zip code, has the following property features: Microwave, Cable/Satellite TV, Exterior Construction, Garage. This 73 NE Eglin Parkway Commercial Property is listed under MLS listing number 867331 and has a listing price of $19,750,000. You can find more of John Paul Somers's listings by browsing John Paul Somers homes for sale at HomesAndLand.com, or even more Fort Walton Beach homes for sale here.

Data Provided by Emerald Coast Association of Realtors

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