Home\Real Estate\Search Results\205 SE Brooks Street, Fort Walton Beach, FL 32548

205 SE Brooks Street, Fort Walton Beach, FL 32548

#975013

Commercial for Sale

$3,000,000

Details

Here, on the sound side of Fort Walton Beach, is the premiere location of a unique commercial condominium. If the investor in you has ever thought ''wow, I should have bought that when it was available for $ because now it's worth $$$$'' , then seize this chance to make it happen for you! Brooks Street Landing Commercial Condominium consists of two buildings and the common elements which convey with this oSering. First, the single-story multi-use building is located directly on and over Santa Rosa Sound. Its architecture extends over the water and lends itself to flexible marketing options including entertainment, corporate events, restaurant and lounge or other high-capacity seating needs. It is currently leased on demand. The second building is a well-maintained, three-story commercial office building with each floor a separate condo. It has an elevator accessible to the lobby for each condo. The southernmost office areas have large windows which provide stunning vistas of the water. The three floors are each designed as single suites with reception areas as well as private office spaces which make each condo ideally suited to leasing as separate companies. The office building is 100% leased. Currently, the leases are impacted by the renovation of the Brooks Bridge. Rental rates prior to beginning of the construction have not been changed but are expected to increase upon the completion of this area-wide improvement project, which is anticipated to be within three to four years. Current market oSice rents reflect an adjustment in consideration of the temporary disturbance to the accessibility of the properties.
GENERAL
Real Estate Type Commercial for Sale
Full Bathrooms 0
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Lot Size 0
Stories 0
Lot Size Units Acres
Lot Size Area 0
Agent MLS Id E22681
Office Key 20,140,121,012,119,100,000,000,000
Source System Name Emerald Coast Association of REALTORS®
Source System Id M00000138
Agent Url http://www.pmarealestatesales.com
Elevation 0
Parcel Number 24-2S-24-1008-000B-0101
Number Of Units Total 0
Tax Legal Description Brooks Street Landing Condo
Special Listing Conditions []
Internet Address Display True
Internet Automated Valuation Display False
Property Condition ["Existing"]
Agent Name Janet F Hays
Agent Email [email protected]
Broker Id EJWN
Office Name PMA Real Estate Sales Inc
Listing Contract Date 4/21/2025
Square Feet 0
Days On Market 1
Status Active
BUILDING
Fireplace False
Parking Total 0
Waterfront Features ["Sound"]
Private Pool False
Spa False
LOCATION
Directions From Highway 98 at Perry St. follow signs towards Brooks St. Follow detour signs underneath bridge; buildings will be on your left.
County Okaloosa
Waterfront True

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