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$4,300,000
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Property Description
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.
Full Property Details
Full Property Details for 60 2nd St
General
- Price: $4,300,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 957383
- Updated: 4/13/2026
- Added to Site: 340 day(s) ago
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Driving Directions: From Eglin Parkway (hwy 85) turn east on 9th Avenue. Complex is on the right.
Lot Features
- Lot Size (Acres): 3.57
- Lot Size (Sq. Ft.): 155,509.2
Disclosures and Reports
- Legal Description: PORT DIXIE ALL BLK 86 & N1/2 OF ADJACENT VACATED 8TH AVE
- APN: 05-2S-23-2080-0086-0010
- Property ID: 05-2S-23-2080-0086-0010
Listed by ERA American Real Estate
Get Pre-Approved Today
Schools
Schools serving 60 2nd St
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Shalimar Elementary School 1350 Joe Martin Circle, Shalimar, FL 32579 | PK-5 | 0.4 mi |
Clifford Meigs Middle School 150 Richbourg Avenue, Shalimar, FL 32579 | 6-8 | 0.3 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 60 2nd St
Date
Details
Price
Change
Source
8/20/2024
Listed
$4,300,000
82.13%
MLS
3/15/2004
Sold
$2,361,000
—
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 60 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$35,819
11%
$2,942,592
12%
2024
$32,404
-3%
$2,638,653
-2%
2023
$33,498
7%
$2,705,809
11%
2021
$31,364
-6%
$2,440,364
-9%
2022
$33,313
6%
$2,668,260
2%
2021
$31,364
-7%
$2,627,755
10%
2019
$33,682
9%
$2,382,216
10%
2018
$30,953
11%
$2,162,373
-4%
2017
$27,965
19%
$2,252,273
27%
2016
$23,444
-24%
$1,768,889
-23%
2015
$30,913
2%
$2,298,967
2%
2014
$30,310
5%
$2,251,906
5%
2013
$28,957
—
$2,152,615
—
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 60 2nd St
60 2nd Street, Shalimar, FL 32579 (MLS# 957383) is a Commercial property. 60 2nd Street is currently listed for $4,300,000 and was received on May 09, 2025. Want to learn more about 60 2nd Street? 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.

