Apartment Building

Destin, FL Apartment Buildings for Sale

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Miramar Beach, FL Shalimar, FL Niceville, FL Fort Walton Beach, FL Valparaiso, FL Freeport, FL Mary Esther, FL Santa Rosa Beach, FL
Multifamily Income Property
Updated: May 29
Multifamily Income Property

543 Harbor Boulevard Unit 303, Destin, FL 32541

$499,777
Seller financing available with options including 50% down payment at 8% interest rate (interest‑only)
Origination fee options include 2% (1‑year balloon) or 3% (2‑year balloon)
Includes guest facilities: 3
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Harbor Village Mixed-Use Building
Updated: Aug 9, 2023
Harbor Village Mixed-Use Building

220 Harbor Blvd, Destin, FL 32541

$4,500,000
21,120 sqft 1.00 AC lot
Prime location on Harbor Boulevard in Destin, benefiting from pedestrian traffic from a large public parking lot.
Consists of 10 commercial retail storefront units and 10 two‑story apartments, offering diverse income streams.
Each unit has separate deeds for the commercial and residential spaces, allowing for up to 20 tenants.
Recently renovated building, minimizing immediate maintenance costs.
South Harbor Mixed Use (SHMU) zoning provides flexible usage options.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Destin, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Northwest Florida Multifamily Investment Opportunity
Northwest Florida Multifamily Investment Opportunity

125 N Davis Lane, Defuniak Springs, FL 32433

$5,579,500
42,240 sqft 4.34 AC lot

Well-maintained, renovated 55-unit multifamily property in Northwest Florida.

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Renovated Multifamily Investment Opportunity
Renovated Multifamily Investment Opportunity

125 N Davis Ln, Defuniak Springs, FL 32433

$5,579,500
42,000 sqft

55-unit multifamily property with 95% occupancy in Northwest Florida.

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Income-Producing Six-Plex with Updates
Income-Producing Six-Plex with Updates

22 Bobolink St NE, Fort Walton Beach, FL 32548

$880,000
2,816 sqft

Six-plex with long-term tenants and recent updates.

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Waterfront Residence on Okaloosa Island
Waterfront Residence on Okaloosa Island

480 Santa Rosa Boulevard, Fort Walton Beach, FL 32548

$35,000,000
68,389 sqft 1.57 AC lot

Exquisite waterfront residence with updated units and Gulf views.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Ocean Springs Highway 90 Land
Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000
143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Waterfront Lot in Treasure Island
Waterfront Lot in Treasure Island

141 104TH AVENUE, Treasure Island, FL 33706

$2,225,000
0.34 AC lot

Waterfront lot zoned for multifamily residential use in Treasure Island.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Destin, FL Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Destin, FL on our real estate platform. These investment opportunities span a total of 21,120 square feet of properties for sale, with an estimated market value of $4,500,000.

Sale prices for two-family homes in Destin, FL start at $4,500,000, averaging $4,500,000, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 27K
Population Growth (5Y) -2.5%
Median Household Income $94,001
College Educated 46.2%

High-Yield Neighborhoods for Investment

Identify Destin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32541 $3.2M

Taxes & Financing

Tax Rate (average for all types) 1.08%
Property Tax per SF $12.52 per SF
Tax Rate vs County Average 0.16 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Okaloosa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Okaloosa County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Destin fall within the 10,000 to 25,000 square foot range.

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