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    Niceville, FL Duplexes for Sale

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    Valparaiso, FL Shalimar, FL Destin, FL
    Niceville Multi-Use Redevelopment Opportunity
    $400,000
    0.80 Acres

    Niceville Multi-Use Redevelopment Opportunity

    311 Kelly Rd, Niceville, FL 32578

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

    • ±0.80‑acre multi‑use parcel in Niceville CRA district offers strong redevelopment and investment potential.
    • Multi‑Use zoning allows for conversion to office/professional space or additional commercial/multi‑family development (subject to city approvals).
    • Existing duplex with new metal roof provides a value‑add renovation opportunity.
    • Significant vacant land allows flexibility for various development concepts.
    • Located in an established area with nearby residential and commercial activity in a growing redevelopment corridor.
    Updated: Jan 29
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    Niceville Multi-Use Redevelopment Opportunity
    $800,000
    1.60 Acres

    Niceville Multi-Use Redevelopment Opportunity

    309-311 Kelly Road, Niceville, FL 32578

    Three parcels totaling ±1.6 acres in Niceville CRA district.

    • 1.6 acres of multi‑use parcels in Niceville CRA district offer exceptional redevelopment/investment potential.
    • Value‑add opportunity with existing duplex featuring a new metal roof.
    • Multi‑Use zoning allows for flexible development options: commercial, mixed‑use, multi‑family, or owner‑user projects.
    • Significant vacant land allows for additional development.
    • Located in an established area with nearby residential and commercial activity.
    Updated: Jan 29
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Niceville, 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.

    East Hill Spacious Brick Duplex
    $725,000

    East Hill Spacious Brick Duplex

    Spacious East Hill duplex, updated, move-in ready, great location.

    1119 & 1121 E Lakeview Ave, Pensacola, FL 32503
    View details
    Fully Occupied Multi-Family Investment
    $586,405
    2,750 SF

    Fully Occupied Multi-Family Investment

    Income-producing multi-family property with development potential near Eglin AFB.

    818 Lark Street, Fort Walton Beach, FL 32547
    View details
    Fully Occupied Multi-Family Investment
    $713,592
    3,322 SF

    Fully Occupied Multi-Family Investment

    Income-producing multi-family property with development potential in Fort Walton Beach.

    816 Lark Street, Fort Walton Beach, FL 32547
    View details
    Pensacola Multi-Family with Pool
    $285,000

    Pensacola Multi-Family with Pool

    Two-unit property featuring a saltwater pool and spacious yards.

    3781 Nobles St, Pensacola, FL 32514
    View details

    Niceville, FL Duplexes Investment Opportunities Market Analysis

    Explore 2 duplexes for sale in Niceville, FL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for duplexes in Niceville, FL start at $400,000, averaging $600,000, and reaching up to $800,000 — 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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    Operating Costs & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $18.63 per sq ft
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Leading Commercial Asset Segments

    Duplexes 2

    Niceville Demographics Overview

    Population 34K
    Population Growth (5Y) +3.4%
    Median Household Income $105,858
    College Educated 34.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Niceville submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    32578 $600K

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