Apartment Building

Fort Walton Beach, FL Apartment Buildings for Sale

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Income-Producing Six-Plex with Updates
Updated: Jan 4
Income-Producing Six-Plex with Updates

22 Bobolink Street Northeast, Fort Walton Beach, FL 32548

$820,000
2,816 sqft
Income‑producing 6‑plex with strong rental income potential ($69,840 estimated NOI in 2025).
100% Occupancy with established, long‑term tenants (longest occupancy 14+ years).
New roofs on two buildings (units A/B and E/F) in 2025.**
Recent plumbing updates (pipes/drains) in two buildings (units C/D and E/F) in 2026.
Multiple unit upgrades including new refrigerators, stoves, A/C unit, granite countertops, and LVP flooring.**
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New Multifamily Investment Opportunity
Updated: Dec 29, 2025
New Multifamily Investment Opportunity

960 NW Denton Boulevard, Fort Walton Beach, FL 32547

$2,510,000
1,055 sqft
Ten newly constructed (2025) turn‑key apartments offer immediate rental income.
All units are tenant‑occupied with one‑year leases in place.
Located in a strong rental market on the Emerald Coast.
Each unit features 2 bedrooms and 2 bathrooms with approximately 1,055 sq ft of living space.
Modern kitchens include white shaker cabinets, granite countertops, stainless appliances, and a large peninsula.
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10-Unit Apartment Building
10-Unit Apartment Building

14 NW Cape Drive A-j, Fort Walton Beach, FL 32548

$1,075,000

Consistent one-bedroom, one-bathroom layouts across all units support straightforward multifamily operations.

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10-Unit Multifamily Investment
10-Unit Multifamily Investment

A-j-14 Cape Dr Nw, Fort Walton Beach, FL 32548

$1,050,000

Well-maintained 10-unit property with one-bedroom, one-bath layouts, marketed for steady rental income.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Fort Walton Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Turn-Key Condominium Building Investment
Turn-Key Condominium Building Investment

179 S County Hwy 393 #1, Santa Rosa Beach, FL 32459

$18,500,000
29.00 AC lot

Newly constructed, fully furnished 30-unit condominium building in Santa Rosa Beach.

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Harbor Village Mixed-Use Building
Harbor Village Mixed-Use Building

220 Harbor Blvd, Destin, FL 32541

Contact for pricing
21,120 sqft 1.00 AC lot

Renovated mixed-use building with retail and residential units.

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Turn-Key Condominium Investment Opportunity
Turn-Key Condominium Investment Opportunity

179 S County Hwy 393 #Building No. ONE, Santa Rosa Beach, FL 32459

$18,500,000
32,450 sqft 29.00 AC lot

Newly constructed, fully furnished 30-unit condominium building in Santa Rosa Beach, Florida.

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Harbor Village Mixed-Use Building
Harbor Village Mixed-Use Building

220 Harbor Blvd, Destin, FL

Contact for pricing
21,120 sqft 0.86 AC lot

Renovated mixed-use building with retail and residential units in Destin.

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Off-Market Properties in Fort Walton Beach, FL

Consider similar Off-Market properties in Fort Walton Beach, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

157 Monahan Dr
APARTMENT HOUSE (UNDER 5 UNITS)

157 Monahan Dr, Fort Walton Beach, FL 32547-3762

$410,000
Estimated value
3,205 sqft 0.38 AC lot
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315 Racetrack NW Rd
HIGH-RISE APARTMENTS

315 Racetrack NW Rd, Fort Walton Beach, FL 32547-1539

$3,475,000
Estimated value
36,072 sqft 4.30 AC lot
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Fort Walton Beach, FL Apartment Buildings Market Trends and Statistics

Explore 6 apartment buildings for sale in Fort Walton Beach, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,871 square feet of properties for sale, with an estimated market value of $5,455,000.

Sale prices for two-family homes in Fort Walton Beach, FL start at $820,000, averaging $1,363,750, and reaching up to $2,510,000 — 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 59K
Population Growth (5Y) +7.7%
Median Household Income $66,255
College Educated 25.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
32548 $998.8K
32547 $2.5M

Taxes & Financing

Tax Rate (average for all types) 1.28%
Property Tax per SF $17.48 per SF
Tax Rate vs County Average 0.03 pp above 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 Fort Walton Beach fall within the 50,000 to 100,000 square foot range.

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