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$750,000
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Property Description
Freestanding, Income producing asset occupied by Wesco Gas. They are a successful regional tenant servicing Propane Gas needs for the area. They have 12 total stores under management in the Southeast. Highly visible location along Racetrack Road in Fort Walton Beach, FL. This freestanding building has great curb appeal and is very functional for many different business types. Glass storefront with open showroom, new LVP flooring, several offices, kitchen/ break area, 2 restrooms and rear warehouse with two roll up doors. Nice amount of parking to allow for large trucks & trailers. Fenced in rear lot for outdoor storage. Building make up is roughly 2,500 SF showroom / office and 3,000 SF warehouse.
Full Property Details
Full Property Details for 431 NW Racetrack Rd
General
- Price: $750,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 1004735
- Updated: 6/4/2026
- Added to Site: 8 day(s) ago
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Driving Directions: Located on the southside of Racetrack Road adjacent to Stewby's.
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,681.6
Disclosures and Reports
- Legal Description: Com Int Of E Line Of Beal St And N Sec Line Thc S Alg Line Of Beal St 865Ft Thc Left 90 Deg 1200Ft Thc Left 90Deg 865Ft Thc Left 90Deg 130Ft To Pob Cont 100Ft Thc Left 90Deg 194Ft Thc Left 90Deg 100Ft Thc Left 90Deg 194Ft To Pob Less Nly Part For R/W
- APN: 03-2S-24-0000-0039-0000
- Property ID: 03-2S-24-0000-0039-0000
Listed by Taylor Allen Properties LLC
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Schools
Schools serving 431 NW Racetrack Rd
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Longwood Elementary School, Shalimar, FL 50 Holly Avenue, Shalimar, FL 32579 | PK-5 | 3.1 mi |
W. C. Pryor Middle School 201 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 6-8 | 0.7 mi |
Choctawhatchee Senior High School 110 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 431 NW Racetrack Rd
Date
Details
Price
Change
Source
6/04/2026
Listed
$750,000
57.89%
MLS
8/09/2022
Sold
$475,000
—
Public Record
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 431 NW Racetrack Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,994
7%
$325,626
7%
2024
$3,739
-1%
$304,485
—
2023
$3,772
20%
$304,716
25%
2021
$3,131
-4%
$243,640
-6%
2022
$3,249
4%
$260,214
8%
2021
$3,131
-2%
$242,018
-1%
2019
$3,196
-1%
$243,631
—
2018
$3,226
4%
$243,041
4%
2017
$3,116
2%
$233,722
1%
2016
$3,064
1%
$231,199
2%
2015
$3,040
1%
$226,074
1%
2014
$3,002
2%
$223,017
2%
2013
$2,944
—
$218,854
—
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 431 NW Racetrack Rd
431 NW Racetrack Road, Fort Walton Beach, FL 32547 (MLS# 1004735) is a Commercial property. 431 NW Racetrack Road is currently listed for $750,000 and was received on June 04, 2026. Want to learn more about 431 NW Racetrack Road? 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.

