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Property Description
**PRIME COMMERCIAL OPPORTUNITY WITH HIGHWAY FRONTAGE IN SHALIMAR!** Discover the possibilities with this versatile, multi-use commercial property ideally positioned directly on N Eglin Parkway (Hwy 85). Offering approximately **4,236 sq ft across THREE separate units**, this property presents an excellent opportunity for investors, business owners, or those seeking multiple income streams! The spacious **2,636 sq ft office suite**, formerly occupied by a law firm, features 7 private offices, 2 restrooms, a kitchen, and a welcoming entry area--ideal for professional or administrative services. A separate **400 sq ft tattoo studio** offers a compact commercial space with it's own restroom, while the **1,200 sq ft retail/restaurant suite**, formerly home to Subway, includes 2 bathrooms and flexible possibilities for its next occupant, including the potential for drive thru service. Situated on a **0.39-acre lot with an impressive 170 feet of highway frontage** and approximately 15 parking spaces, this property offers outstanding visibility, convenient access, and flexibility for a variety of business ventures. **THREE UNITS. ONE FANTASTIC LOCATION. ENDLESS POSSIBILITIES!** Whether you're looking to establish your business, expand your portfolio, or explore rental income potential, this commercial opportunity deserves a closer look!
Full Property Details
Full Property Details for 1261 N Eglin Pkwy
General
- Price: $699,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 1014442
- Updated: 10/29/2026
- Added to Site: 4 day(s) ago
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Driving Directions: Eglin Pkwy N, Opposite the County building.
Lot Features
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 16,988.4
- Lot Dimensions: 170 x 130 x 150 x 85
- Zoning: Commercial
Disclosures and Reports
- Legal Description: Port Dixie Lots 5-9 Inc Blk 120 E Of Hwy
- APN: 05-2S-23-2080-0120-0040
- Property ID: 05-2S-23-2080-0120-0040
Listed by ERA American Real Estate
Get Pre-Approved Today
Schools
Schools serving 1261 N Eglin Pkwy
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Shalimar Elementary School 1350 Joe Martin Circle, Shalimar, FL 32579 | PK-5 | 0.3 mi |
Clifford Meigs Middle School 150 Richbourg Avenue, Shalimar, FL 32579 | 6-8 | 0.2 mi |
Choctawhatchee Senior High School 110 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 9-12 | 2.5 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 1261 N Eglin Pkwy
Date
Details
Price
Change
Source
10/28/2026
Listed
$699,000
288.33%
MLS
4/18/2005
Sold
$180,000
—
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 1261 N Eglin Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,752
7%
$550,422
7%
2024
$6,335
1%
$515,839
2%
2023
$6,263
3%
$505,884
4%
2022
$6,075
6%
$486,550
9%
2021
$5,726
—
$445,545
-3%
2021
$5,726
-2%
$457,890
3%
2019
$5,845
2%
$445,561
4%
2018
$5,704
5%
$429,657
5%
2017
$5,431
4%
$407,340
4%
2016
$5,208
2%
$392,993
4%
2015
$5,082
4%
$377,975
4%
2014
$4,892
—
$363,421
—
2013
$4,868
—
$361,902
—
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 1261 N Eglin Pkwy
1261 N Eglin Parkway, Shalimar, FL 32579 (MLS# 1014442) is a Commercial property. 1261 N Eglin Parkway is currently listed for $699,000 and was received on October 28, 2026. Want to learn more about 1261 N Eglin Parkway? Do you have questions about finding other Commercial real estate for sale in Shalimar? You can browse all Shalimar real estate or contact a Coldwell Banker agent to request more information.

