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1429 Lewis Turner Blvd
Fort Walton Beach, FL 32547 Wright

$935,000 USD

Freestanding For Sale  •  4,832 SF

Property Details

• Property Type Freestanding
• Total Building Size 4,832 SF
• Lot Size 0.35 AC
• Building Class C
• Year Built 1958
• Tenancy Single
• Zoning MU

0 Transit Score

51 Walk Score

Highlights

4,832 SF Multi-Unit Commercial Building – Two-unit configuration on a 0.35-acre parcel, offering flexibility for owner-users

High-Visibility Lewis Turner Blvd Location – Positioned along a major commercial corridor with 31,088 vehicles/day

Strategic Proximity to Airport & Destin – Just 10 minutes from Destin–Fort Walton Beach Airport and a short drive to Destin’s retail and tourism hubs.

Strong Retail Synergy – Located beside a Shell gas station and established commercial operators, supporting steady customer traffic.

Strong Income Potential – Projected Gross Rent of $10,098/month with a stabilized NOI of $121,186/year, ideal for cash-flow-focused investors.

Attractive OWNER FINANCING – 4% interest rate, 30-year amortization, low down payment structure, and 5-year balloon

Public Transportation

Airport	Drive	Walk	Distance
Eglin AFB/Destin-Ft Walton Beach	27 min	-	10.0 mi
Pensacola International	79 min	-	46.3 mi