Fort Walton Beach, FL
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    Fort Walton Beach, FL Duplexes for Sale

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    Mary Esther, FL Shalimar, FL Destin, FL
    Fully Occupied Multi-Family Investment
    $713,592
    3,322 SF
    Fully Occupied Multi-Family Investment

    816 Lark Street, Fort Walton Beach, FL 32547

    Income-producing multi-family property with development potential in Fort Walton Beach.
    • Fully‑occupied multi‑family property with potential $9,115 monthly income.
    • Conveniently located: 2 minutes from Eglin AFB and 5 minutes to Hurlburt Field, near shopping and dining.
    • Eight units across two parcels offer tax advantages.
    • Seven units feature 2 beds/1 bath, central heat & air, covered patios, and washer/dryer hookups; one premium 3 bed/3 bath unit with garage and screened porch.
    • Seller will consider owner financing with $500,000 down.
    Updated: May 14, 2025
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    Fully Occupied Multi-Family Investment
    $586,405
    2,750 SF
    Fully Occupied Multi-Family Investment

    818 Lark Street, Fort Walton Beach, FL 32547

    Income-producing multi-family property with development potential near Eglin AFB.
    • Fully‑occupied multi‑family property ensures immediate cash flow.
    • Prime location: 2 minutes from Eglin AFB and 5 minutes to Hurlburt Field, near shopping and dining.
    • Seller will consider owner financing with attractive terms: $500,000 down, 30‑year amortization with a balloon payment in 3 years.
    • Consists of 8 individual units across 4 duplexes, including seven 2‑bedroom/1‑bath units and one premium 3‑bedroom/3‑bath unit with garage and screened porch.
    • Located in an unincorporated tax district, offering valuable tax advantages and flexibility.
    Updated: May 14, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Fort Walton Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Mixed-Use Land with Duplex
    $700,000
    2.75 Acres
    Mixed-Use Land with Duplex

    Multi-parcel land in Niceville’s CRA district with a duplex needing renovation and room for additional redevelopment concepts.

    311 Kelly Road, Niceville, FL 32578

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    Duplex in Milton, Florida
    $250,000
    875 SF
    Duplex in Milton, Florida

    Duplex with rental income potential near amenities and Santa Rosa Hospital.

    5185 Hilltop Dr, Milton, FL 32570

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    Two-Unit Duplex Investment
    $89,000
    Two-Unit Duplex Investment

    Older duplex offers two one-bedroom, one-bath units on a corner lot, sold as-is for renovation or income use.

    7095 & 7097 Milton Dr, Milton, FL 32583

    View details
    Niceville Multi-Use Redevelopment Opportunity
    $400,000
    0.80 Acres
    Niceville Multi-Use Redevelopment Opportunity

    0.80-acre parcel with redevelopment potential in Niceville CRA district.

    311 Kelly Rd, Niceville, FL 32578

    View details

    Fort Walton Beach, FL Duplexes Market Trends and Statistics

    Explore 2 duplexes for sale in Fort Walton Beach, FL on our real estate platform. These investment opportunities span a total of 6,072 square feet of properties for sale, with an estimated market value of $1,299,997.

    Sale prices for duplexes in Fort Walton Beach, FL start at $586,405, averaging $649,998, and reaching up to $713,592 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 4
    Duplexes 2
    Quadplexes 1
    Short term rental properties 1

    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
    32547 $650K

    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

    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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