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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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31 NE Kelly Ave , Fort Walton Beach, FL 32548
$324,900
Est. Payment: $1,795.03/mo
0.17 Acres
Status: Active | Days on site: 107
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EEXX - E31313,E29278
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Harrison Lilly Team
Owner/Operator

House Description

31 Kelly Ave NE in Fort Walton Beach, FL is an exceptional and highly versatile opportunity for entrepreneurs, investors, and owner-occupants seeking flexibility in a prime location. Zoned C-2 General Commercial, this completely remodeled 1,159 square foot property features four office spaces and one full bathroom, offering the ideal layout for a professional office, boutique retail or service-based business, short-term rental investment, or even a primary residence. The zoning uniquely allows you to live and work on-site, giving business owners the ability to seamlessly operate from home while building equity in a high-demand coastal market. Access and functionality truly set this property apart. With two separate vehicular entry points -- Hughes Street to the south and Kelly Avenue to the north (the main front entrance) -- the layout provides excellent traffic flow and convenience. Four dedicated parking spaces are positioned at the front of the property, while a powered rear gate opens to a paved, enclosed driveway offering secured additional parking. Outdoor electrical hookups are already in place, making RV parking simple and ready to go. Major capital improvements add peace of mind, including a re-reroof in 2015, new windows installed in 2017, and a tankless water heater for modern efficiency. The outdoor features elevate this property even further, with a dry sauna and outdoor shower conveying with the sale, along with a large storage shed with electricity--perfect for equipment, inventory, or workshop space. Located just minutes from downtown Fort Walton Beach, the beaches, Eglin Air Force Base, and Hurlburt Field, this property combines visibility, accessibility, and unmatched flexibility in one compelling package. Whether launching a business, expanding your portfolio, or securing a dynamic live/work space, 31 Kelly Ave NE delivers opportunity, functionality, and long-term upside all in one address.

Highlights

Listed by Joshua D Legare , 850-737-8830 and Steve E Philpot , 850-517-0284 EXP Realty LLC , 888-883-8509. Emerald Coast Multiple Listing Services

Property Type

Commercial Sale

Lot/Acreage
0.17

County

Okaloosa

Area

12 - Fort Walton Beach

Listing ID

996356

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Interior Features

Exterior Features

Lot Dimensions:50x150
Zoning:C-2
Principal Interest
$1,795
Taxes
$207

Home Price

$324,900

Loan Details

30 yrs
7.374%

Down Payment

20%
$64,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,795.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,795.03 $207.12 $0.00 $2,002.15
Yearly $21,540.31 $2,485.49 $0.00 $24,025.79
Total $646,209.25 $74,564.55 $0.00 $720,773.80

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Fort Walton Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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