Fantastic opportunity to own 2 units in the Shalimar Center. Currently occupied by a long term tenant so you can receive immediate income. 2 conference rooms 2 kitchenettes, 4 restrooms (ADA also), 9 offices, upgraded flooring, crown molding, 2 front entrances, 1 back entrance there is also a lockout feature to separate the units. These do not come on the market very often. Ample parking with designated ADA spot. Dont miss this opportunity!
Situated at a prime location in Shalimar, Florida, this impressive two-story office building offers a substantial 6,456 square feet of versatile professional office space. Currently used as law offices, this well-maintained property presents an exceptional opportunity for professional groups seeking a strategic and accessible location. The multi-office layout, with six offices and a conference room per floor, is ideally suited for professional offices or defense contractors, given its advantageous proximity to Eglin Air Force Base. This coveted location offers convenient access for clients and employees alike. The possibilities are endless for your firm in this spacious and adaptable building. Don't miss this chance to establish or expand your professional practice
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 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.
Welcome to 4 9th Avenue, an exceptional commercial investment opportunity in Shalimar, Florida. This business complex comprises two addresses, 60 2nd Street and 4 9th Avenue, offering a versatile and thriving environment for a mix of professional office spaces and restaurant tenants. Key Features: *Total Leasable Area: Approximately 31,486 square feet. *Land Area: Spanning 3.57 acres. *Location: Strategically situated just off Eglin Parkway (Highway 85) with excellent road visibility. *Proximity: Across from the County Services Building and only 2 miles from the Eglin Air Force Base Main Gate, making it a prime location for military contractors. *Tenant Profile: A stable mix of long-term tenants, ensuring consistent occupancy and income. *Financing Opportunity: The current loan on the property, with an attractive interest rate of 4.95%, could possibly be assumable. The loan has a balance of approximately $2.3 million and does not have a balloon payment due until May 2027. This well-maintained complex offers significant potential for investors seeking a steady revenue stream and the opportunity to own a prominent commercial property in the heart of Shalimar. Don't miss out on this rare opportunity to acquire a key asset in a high-demand area. *Broker has ownership interest in property.
Introducing an exceptional investment opportunity in the heart of Shalimar! This 12-unit multifamily property delivers a solid NOI of $81K, with a 4% rent increase already secured for 2025. All units are fully leased with no vacancies, ensuring steady income from day one. The seller is offering a stellar financing. Call for details. Subject to credit approval and additional terms. The property features three duplex buildings, each with 2-bedroom, 1-bath units at 812 sqft, complete with carports Current rents range from $900 to $1,300 per month. The fourth building offers six townhouse-style units, each 1,212 sqft with 2 bedrooms and 1.5 baths, renting between $950 and $1,100 monthly presenting a clear opportunity for rental increases and a significant boost to your bottom line. Located centrally in Shalimar, this property offers unbeatable convenience: just minutes from shopping, dining, and entertainment. Eglin AFB is only 3 miles away, hospitals are within 4 miles, Hurlburt Field is 11 miles, and the stunning Okaloosa Island Boardwalk, with its white sandy beaches and emerald-green waters, is just a short drive. Call today for more information and to schedule a showing!
Professional Business Suite available in the 4 9th Ave Business Complex in Shalimar. eSuites offers private suites with secure digital keypad access, free high-speed Wi-Fi, shared restrooms and kitchenette, and prominent signage featuring tenant's name at the building entrance. Rent also includes power, water, sewage, and trash. Month-2-Month lease options available.
Professional Business Suite available in the 4 9th Ave Business Complex in Shalimar. eSuites offers private suites with secure digital keypad access, free high-speed Wi-Fi, shared restrooms and kitchenette, and prominent signage featuring tenant's name at the building entrance. Rent also includes power, water, sewage, and trash. Month-2-Month lease options available.
Bring your business to Shalimar. Located across the street from the new county services building. This is a secure stand alone building in the 4 9th Ave professional office complex. Possible for retail operation, too. Has a waiting room/lobby, receptionist and file room, 8 large offices, 2 bathrooms. Owner open to interior modifications and exterior paint.
Pro-rata Utilities. No Cam. Class A Office, with reception area.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 Emerald Coast Association of REALTORS® - All Rights Reserved. Vendor Member Number 28170
Shalimar is located in Florida. Shalimar, Florida has a population of 823. Shalimar is less family-centric than the surrounding county with 28.91% of the households containing married families with children. The county average for households married with children is 30.79%.
The median household income in Shalimar, Florida is $90,000. The median household income for the surrounding county is $67,390 compared to the national median of $69,021. The median age of people living in Shalimar is 44.2 years.
The average high temperature in July is 89.9 degrees, with an average low temperature in January of 40.9 degrees. The average rainfall is approximately 65.7 inches per year, with 0 inches of snow per year.
