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119 Hollywood Blvd 25,700 SF 95% Leased Flex Building Fort Walton Beach, FL 32548 $2,900,000 ($112.84/SF) 8.59% Cap Rate
INVESTMENT HIGHLIGHTS
- 24-unit office and warehouse facility with strong income stream.
- Includes 16 warehouse units, 8 offices, great investment opportunity.
- Corner location on Hollywood Boulevard generating $249K net annually.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $2,900,000 | Building Class | B |
| Price Per SF | $112.84 | Lot Size | 1.55 AC |
| Sale Type | Investment NNN | Rentable Building Area | 25,700 SF |
| Cap Rate | 8.59% | No. Stories | 2 |
| Property Type | Flex | Year Built | 1987 |
| Price | $2,900,000 |
| Price Per SF | $112.84 |
| Sale Type | Investment NNN |
| Cap Rate | 8.59% |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 1.55 AC |
| Rentable Building Area | 25,700 SF |
| No. Stories | 2 |
| Year Built | 1987 |
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
1200 SF Warehouse space with 14 foot garage door and restroom.
1300 sq ft of warehouse space available with a large roll up bay door.
1300 sq ft of warehouse space available with a large roll up bay door.
Conveniently located office space on the second floor facing Hollywood Blvd, great exposure, professional office space
775 sq ft office located on the second floor of two story office/industrial building. Located on the corner of Hollywood Blvd and Jefferson.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,200 SF | Industrial | - | Now |
| 1st Fl - 14 | 1,300 SF | Industrial | - | Feb 2026 |
| 1st Fl - 15 | 1,300 SF | Industrial | - | Feb 2026 |
| 2nd Floor | 800 SF | Flex | - | Feb 2026 |
| 2nd Floor | 775 SF | Office | - | Mar 2026 |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - 14
| Size |
| 1,300 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Feb 2026 |
1st Fl - 15
| Size |
| 1,300 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Feb 2026 |
2nd Floor
| Size |
| 800 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| Feb 2026 |
2nd Floor
| Size |
| 775 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Mar 2026 |
1st Floor
| Size | 1,200 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
1200 SF Warehouse space with 14 foot garage door and restroom.
1st Fl - 14
| Size | 1,300 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Feb 2026 |
1300 sq ft of warehouse space available with a large roll up bay door.
1st Fl - 15
| Size | 1,300 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Feb 2026 |
1300 sq ft of warehouse space available with a large roll up bay door.
2nd Floor
| Size | 800 SF |
| Space Use | Flex |
| Condition | - |
| Available | Feb 2026 |
Conveniently located office space on the second floor facing Hollywood Blvd, great exposure, professional office space
2nd Floor
| Size | 775 SF |
| Space Use | Office |
| Condition | - |
| Available | Mar 2026 |
775 sq ft office located on the second floor of two story office/industrial building. Located on the corner of Hollywood Blvd and Jefferson.
PROPERTY TAXES
| Parcel Number | 14-2S-24-1190-0000-00J9 | Improvements Assessment | $642,640 |
| Land Assessment | $318,015 | Total Assessment | $960,655 |
PROPERTY TAXES
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119 Hollywood Blvd
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