1281 Eglin Parkway, Shalimar, FL 32579 (MLS# 976366)

1281 Eglin Parkway, Shalimar, FL 32579

$2,200,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 42,253 Status: Active

Current Price: $2,200,000 List Date: 5/15/2025 Last Modified: 5/15/2025

Description

Exceptional Commercial Investment Opportunity on Eglin Parkway. Discover a rare and unparalleled investment opportunity located on the high-traffic Eglin Parkway. This free-standing commercial building—previously operated as a Burger King—offers 3,397 square feet of space on a generous 0.94-acre lot with 185 feet of direct highway frontage. Ideally designed for fast-food or quick-service restaurants, this property also presents endless redevelopment potential for a variety of business ventures. Key highlights include a dedicated drive-thru lane, ample parking, and high visibility—making it a strategic choice for entrepreneurs and investors alike. Property Features: New TPO roof with a 30-year warranty, 27.5 tons of air conditioning for efficient climate control, 8 ft x 10 ft walk-in

Supplements: refrigerator, 8 ft x 10 ft walk-in freezer, 10 ft x 20 ft dry storage unit, Structurally repaired for long-term stability, All windows replaced or resealed, Two restrooms, Spray-on insulation scheduled for June installation, Brand-new 4 ft x 8 ft high-definition LED sign (Wi-Fi enabled), 10 ft x 20 ft enclosed trash area. Whether you're seeking a turn-key restaurant space or looking to repurpose this high-profile location for a new concept, this property offers the ideal combination of infrastructure, location, and flexibility to bring your vision to life.

More Information MLS# 976366

Contract Info

GCCMLS Number: 42592814 Listing Board: Emerald Coast List Date: 2025-05-15 List Price: $2,200,000

Location, Tax and Legal

Sub Area: 1210 - Shalimar Legal Description: PORT DIXIE COM NE COR BLK 122 W ALG S R/W LNE OF 12TH AVE 269.59 FT THC S25 DEG W177.21 FT TO POB CONT SAME LINE 175 .95 FT TO N R/W LINE 11TH AVE THC W ALG R/W 240.67 FT TO INTER OF N R/W & E R/W LINE HWY 85 THC NELY 183 FT ALG C THC E139.87 FT THC S25 DEG W11 FT E 110.09 FT TO POB AS OR

General Property Info

Listed on GCCMLS: Yes Vacant: Yes Immediate Occupancy: Yes Acreage: 0.97

Listing Info, Tax & Legal

As Is: No

Remarks & Misc

Remarks: Exceptional Commercial Investment Opportunity on Eglin Parkway. Discover a rare and unparalleled investment opportunity located on the high-traffic Eglin Parkway. This free-standing commercial building—previously operated as a Burger King—offers 3,397 square feet of space on a generous 0.94-acre lot with 185 feet of direct highway frontage. Ideally designed for fast-food or quick-service restaurants, this property also presents endless redevelopment potential for a variety of business ventures. Key highlights include a dedicated drive-thru lane, ample parking, and high visibility—making it a strategic choice for entrepreneurs and investors alike. Property Features: New TPO roof with a 30-year warranty, 27.5 tons of air conditioning for efficient climate control, 8 ft x 10 ft walk-in

Class

Retail: 1

Retail

# of Units: 1

None

Current Price: $2,200,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 1281 Street Name: Eglin Street Suffix: Parkway State: FL Zip Code: 32579 County: Okaloosa Parcel ID: 05-2S-23-2080-0121-0100

Property Features

Class: Retail

Listing Office: Bastion Realty LLC

Last Updated: May - 15 - 2025

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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