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$1,650,000
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Property Description
Conveniently situated near downtown and the Yacht Club/Ferry Park neighborhood, this exceptional commercial property offers a wealth of possibilities. Key features:Conditioned Bottom Floor: The entire bottom floor, including the factory space, is climate-controlled.Sturdy Construction: Built with steel and concrete, including a concrete second floor.Industrial Amenities: 3-phase power, a freight elevator, under-floor storage, and a loading dock.Rollup Doors: Exterior rollup doors on both upper and lower levels facilitate easy movement of items with a forklift.This unique property stands out in the area due to its versatility of office, flex, and warehouse space options and unmatched features. Don't miss this exceptional opportunity! items with a forklift. This unique property stands out in the area due to its versatility of office, flex, and warehouse space options and unmatched features. Don't miss this exceptional opportunity!
Full Property Details
Full Property Details for 223 NE Troy Street NE
General
- Price: $1,650,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 951432
- Updated: 1/6/2026
- Added to Site: 593 day(s) ago
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Driving Directions: From Eglin Pkwy, turn east, Troy St will be the next street. Turn right onto Troy St and the property will be on the left
Lot Features
- Lot Size (Acres): 0.91
- Lot Dimensions: 86 x 51 x 198 x 152 x 270 x 107
- Zoning: commercial
Disclosures and Reports
- Legal Description: CINCO BAYOU LOTS 11 TO 16 INC BLK 25
- APN: 12-2S-24-0460-0025-0110
Listed by Livin Right Real Estate LLC
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Schools
Schools serving 223 NE Troy Street NE
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Elliott Point Elementary School 301 Hughes Street Northeast, Fort Walton Beach, FL 32548 | PK-5 | 0.6 mi |
Clifford Meigs Middle School 150 Richbourg Avenue, Shalimar, FL 32579 | 6-8 | 2.3 mi |
Choctawhatchee Senior High School 110 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 223 NE Troy Street NE
Date
Details
Price
Change
Source
6/10/2025
Price Reduced
$1,650,000
-5.71%
MLS
6/04/2024
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 223 NE Troy Street NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,582
12%
$792,262
14%
2024
$10,386
2%
$693,277
2%
2023
$10,221
3%
$677,755
6%
2021
$9,912
-2%
$637,283
-5%
2022
$10,134
2%
$667,320
8%
2021
$9,912
3%
$618,341
2%
2019
$9,594
-2%
$606,466
-1%
2018
$9,787
2%
$612,629
2%
2017
$9,588
-2%
$597,976
-2%
2016
$9,758
—
$611,635
1%
2015
$9,794
4%
$606,530
1%
2013
$9,392
—
$601,208
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 223 NE Troy Street NE
223 NE Troy Street NE, Fort Walton Beach, FL 32548 (MLS# 951432) is a Commercial property. 223 NE Troy Street NE is currently listed for $1,650,000 and was received on June 04, 2024. Want to learn more about 223 NE Troy Street NE? Do you have questions about finding other Commercial real estate for sale in Fort Walton Beach? You can browse all Fort Walton Beach real estate or contact a Coldwell Banker agent to request more information.

