Apartment Building

Santa Rosa Beach, FL Apartment Buildings for Sale

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Point Washington, FL Freeport, FL Inlet Beach, FL Watersound, FL Vernon, FL Destin, FL Miramar Beach, FL Panama City Beach, FL
Turn-Key Condominium Investment Opportunity
Updated: Aug 20, 2024
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
Turn‑key, fully furnished 30‑unit short‑term rental property in a prime Emerald Coast location.
Strong income potential with an 8.14% Cap Rate and $1,505,000 Net Operating Income, guaranteed for one year at full price.**
Hassle‑free rental management with on‑site short‑term rental management company, maid service, and maintenance.
Desirable amenities including a heated pool, fitness center, and shuttle service to the beach.
Located adjacent to Point Washington State Forest with 1,400 acres of walking trails and recreation.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Santa Rosa Beach, 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.

8-Unit Apartment Complex with Duplexes
8-Unit Apartment Complex with Duplexes

248 Four Mile Road, Freeport, FL 32439

$1,350,000
6,016 sqft 1.00 AC lot

8-unit apartment complex featuring four duplex units with central air, heat pump, and public sewer service.

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Coastal Condo at Horizon South
Coastal Condo at Horizon South

17462 Front Beach Road #35D, Panama City Beach, FL 32413

$260,000
960 sqft

Charming 2BR condo with resort amenities and rental potential.

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Freeport, FL Multifamily Development Land
Freeport, FL Multifamily Development Land

14874 US-331 BUS, Freeport, FL 32439

$4,000,000
11.44 AC lot

11.44 acres with development order for 128 apartment units.

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New Townhomes at Wild Heron
New Townhomes at Wild Heron

1503 Match Point Ln 502, Panama City Beach, FL 32413

$699,000

Upscale three-bedroom townhomes with luxurious finishes in a private community.

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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 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.

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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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Santa Rosa Beach, FL Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Santa Rosa Beach, FL on our real estate platform. These investment opportunities span a total of 32,450 square feet of properties for sale, with an estimated market value of $18,500,000.

Sale prices for two-family homes in Santa Rosa Beach, FL average $18,500,000 — 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 22K
Population Growth (5Y) +43.5%
Median Household Income $101,067
College Educated 64.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
32459 $18.5M

Taxes & Financing

Tax Rate (average for all types) 0.79%
Property Tax per SF $7.82 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Walton County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Residential Income

Property Size Breakdown

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

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