Fort Walton Beach, FL Apartment buildings for sale

$35,000,000

68,389 SF

Waterfront Residence on Okaloosa Island

480 Santa Rosa Boulevard, Fort Walton Beach, FL 32548

Exquisite waterfront residence with updated units and Gulf views.

Unparalleled Gulf Front Views and Immediate Beach Access, just 10 feet from the beach
High 97% Occupancy Rate, presenting a strong income‑generating opportunity
Updated and Modern Units featuring gourmet kitchens with stainless steel appliances and granite countertops
Redevelopment Potential into new condominium units or beach homes
Prime Location on Okaloosa Island, offering pristine beaches and various attractions

Updated: Mar 12

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$1,150,000

0.32 Acres

Multifamily Property in Fort Walton

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

Ten-unit multifamily property with strong income stream near Gulf Coast.

Strong income stream with $9,275 current monthly income.
High occupancy and consistent cash flow.
Located minutes from major employers, shopping centers, and Gulf Coast beaches.
10‑unit multifamily property with 1‑bedroom, 1‑bathroom units.
Potential for future rent increases in a growing rental market.

Updated: Jan 3

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$880,000

2,816 SF

Income-Producing Six-Plex with Updates

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

22 Bobolink St NE, Fort Walton Beach, FL 32548

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$2,510,000

1,055 SF

New Multifamily Investment Opportunity

Ten newly constructed, tenant-occupied apartments in Fort Walton Beach, Florida.

960 NW Denton Boulevard, Fort Walton Beach, FL 32547

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Based on your search, we've compiled 14 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, 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.

Crestview Multifamily Investment Opportunity

$1,700,000

8,400 SF

Crestview Multifamily Investment Opportunity

Stabilized 10-unit apartment building built in 2021.

507 Amos St, Crestview, FL 32539

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$475,000

64,033 SF

Land Suitable for Apartment Development

Land with potential for rezoning to build apartments.

418 Brookmeade Drive, Crestview, FL 32539

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$4,500,000

20,000 SF

Harbor Village Mixed-Use Building

Renovated mixed-use building with retail and residential units.

220 Harbor Boulevard Units 1-10, Destin, FL 32541

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$4,500,000

21,120 SF

Harbor Village Mixed-Use Building

Renovated mixed-use building with retail and residential units.

220 Harbor Blvd, Destin, FL 32541

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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.

$675,000

143,748 SF

Ocean Springs Highway 90 Land

3.3 acre commercial land on Highway 90, Ocean Springs.

Bienville Blvd, Ocean Springs, MS 39564

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$2,225,000

0.34 Acres

Waterfront Lot in Treasure Island

Waterfront lot zoned for multifamily residential use in Treasure Island.

141 104TH AVENUE, Treasure Island, FL 33706

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

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

71 Salters Road, Greenville, SC 29607

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

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

215 N Bear Creek Road, Asheville, NC 28806

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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.

APARTMENT HOUSE (UNDER 5 UNITS)

3,205 SF Lot: 0.38 Acres

Value Estimation by Request

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

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HIGH-RISE APARTMENTS

36,072 SF Lot: 4.30 Acres

Estimated value

$3,475,000

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

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Fort Walton Beach, FL Apartment Buildings Investment Opportunities Market Analysis

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 72,260 square feet of properties for sale, with an estimated market value of $38,390,000.

Sale prices for two-family homes in Fort Walton Beach, FL start at $880,000, averaging $12,796,666, and reaching up to $35,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
32547	$2.5M
32548	$12.3M

Neighborhood

Average Price

32547

$2.5M

32548

$12.3M

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Fort Walton Beach, FL Apartment Buildings for Sale

480 Santa Rosa Boulevard, Fort Walton Beach, FL 32548

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

22 Bobolink St NE, Fort Walton Beach, FL 32548

960 NW Denton Boulevard, Fort Walton Beach, FL 32547