500 Eglin Parkway is a prime, freestanding retail/office building located in the heart of Fort Walton Beach’s busiest commercial corridor. Formerly home to Crown Motors, one of Northern Florida’s top-performing auto dealerships, this 1,300-square-foot single-story building presents a compelling opportunity for owner/users, investors, or entrepreneurs seeking a value-add asset with exceptional visibility and upside potential. The fully renovated property sits on a 0.62-acre commercial lot and offers unmatched frontage to over 42,000 vehicles per day. The building features hurricane-rated storefront windows, a stone-coated metal roof, an open floor plan, a breakroom, a handicap-accessible restroom, attic storage, and a fully operational electronic pylon sign with graphics and transitions. Offered fully furnished and zoned for commercial use, the plug-and-play property is ideal for use as a retail showroom, professional office, or specialty business or as a lease-up investment property in a high-demand submarket. Adjacent to a newly renovated Community Bank and a landmark local restaurant and within walking distance to CVS, Publix, and other national retailers, this location benefits from strong foot traffic, commuter flow, and built-in exposure. Strategically positioned along Eglin Parkway, one of Fort Walton Beach’s most vital commercial arteries, the property offers direct access to US Highway 98, public transportation, and key thoroughfares that link to Destin, Crestview, and other growing communities. Within 10 minutes are Eglin Air Force Base, Hurlburt Field, and Duke Field, as well as the Army’s 7th Special Forces Group, creating a stable, year-round population of military personnel, contractors, and families with strong purchasing power. The area supports a population of 123,000 residents within a 10-mile radius, generating more than $1.6 billion in annual consumer spending. The surrounding commercial zone is active with both national tenants and local businesses, making it an ideal area for retail and service-oriented concepts. In addition, the established auto dealership business, Crown Motors, is also available for purchase at $500,000. The sale includes the business name, furnishings, personnel, and marketing, making it a rare opportunity to acquire a longstanding, high-performing operation in a turnkey environment. Fort Walton Beach offers economic stability, and businesses enjoy no state income tax and a business-friendly environment in Okaloosa County. 500 Eglin Parkway provides a flexible investment with the opportunity to establish a business in one of the area’s most prominent retail corridors. With strong fundamentals, high visibility, and optional business acquisition, this is a rare, turnkey opportunity in one of Northwest Florida’s most resilient markets.