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    8-Unit Apartment Complex
    Updated: Nov 15, 2025
    8-Unit Apartment Complex

    700 N Palm Blvd, Niceville, FL 32578

    $1,500,000
    8 units across two buildings connected by a breezeway
    Each unit has 2 bedrooms and 1 full bath
    Individual kitchens include an electric oven, pantry, and refrigerator
    Four units are currently tenant‑occupied with varying lease terms
    Built in 1985 and zoned Res Multi
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Niceville, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    New Multifamily Investment Opportunity
    New Multifamily Investment Opportunity

    960 NW Denton Boulevard, Fort Walton Beach, FL 32547

    $2,510,000
    1,055 sqft

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

    View details
    Income-Producing Six-Plex with Updates
    Income-Producing Six-Plex with Updates

    22 Bobolink St NE, Fort Walton Beach, FL 32548

    Contact for pricing
    2,816 sqft

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

    View details
    Multifamily Apartment Building for Sale
    Multifamily Apartment Building for Sale

    303-543 Harbor Blvd, Destin, FL 32541

    $499,777

    Seller financing is available for this multifamily apartment building with 50% down and 8% interest-only terms.

    View details
    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.

    View details

    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 Multifamily Land Parcel
    Waterfront Multifamily Land Parcel

    141 104TH Avenue, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

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

    View details
    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.

    View details

    Off-Market Properties in Niceville, FL

    Consider similar Off-Market properties in Niceville, 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.

    302 Madison St
    APARTMENT HOUSE (UNDER 5 UNITS)

    302 Madison St, Niceville, FL 32578-1433

    $520,000
    Estimated value
    3,096 sqft 1.56 AC lot
    View details

    Niceville, FL Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Niceville, FL on our real estate platform.

    Sale prices for two-family homes in Niceville, FL average $1,500,000 — 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 34K
    Population Growth (5Y) +3.4%
    Median Household Income $105,858
    College Educated 34.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $18.63 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

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