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205 SE Brooks Street, Fort Walton Beach, FL 32548

$3,000,000
Property Type: Commercial for Sale Status: Active
Current Price: $3,000,000 List Date: 4/28/2025 Last Modified: 5/14/2025

Description

Here, on the sound side of Fort Walton Beach, is the premiere location of a unique commercial property. 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 offering. 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. This building has many potential uses. cont'd

Supplements: The second building is a well-maintained, three-story commercial office building with each floor a separate commercial leasing opportunity. 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. Additional property features include a sub-lease of shared parking with city of Fort Walton Beach providing significant availability to park under the Brooks Bridge. There is potential for having the submerged State land lease at waterside of the property expanded allowing for a marina, subject to State approval. The panoramic views of the intercoastal waterway will be enhanced following completion of the new bridge which will be 15 feet higher than the existing bridge.

More Information MLS# 975013

None

Current Price: $3,000,000

Status Change Info

Status: Active

Contract Info

GCCMLS Number: 42463926 List Date: 2025-04-21 List Price: $3,000,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 205 Street Direction: SE Street Name: Brooks Street Suffix: Street State: FL Zip Code: 32548 County: Okaloosa Parcel ID: 24-2S-24-1008-000B-0101

General Property Info

Listed on GCCMLS: Yes Description: Brooks Street Landing Property Information: Brooks Street Landing Commercial Condominium consists of two buildings and the common elements Vacant: Yes Immediate Occupancy: No

Income Producing

Year Built: 2004 Building SqFt: 10307 Price P/SqFt: 291 Property Type: Other (See Remarks)

Office

# of Units: 5

Waterfront

Waterfront Feet: 65

Property Features

Class: Income Producing; Office Construction Status: Existing Waterfront: Sound
Listing Office: PMA Real Estate Sales Inc
Last Updated: May - 14 - 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.

Grayton Corners | 32 East County Highway 30-A, Suite J | Santa Rosa Beach, FL 32459
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G. Gay Landreth, Managing Member and Broker

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