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    Shalimar, FL
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    Remodeled Duplex with Screened Porch
    Updated: Jul 4
    Remodeled Duplex with Screened Porch

    34 Meigs Drive, Shalimar, FL 32579

    $585,000
    1,760 sqft 0.55 AC lot
    Fully rented duplex with two 2‑bedroom, 2‑bath units
    Unit A completely remodeled in 2018 down to the studs; HVAC replaced in 2017
    New roof completed in 2018
    New HVAC system installed July 2022; water heater installed 2021
    New 150‑foot sewer line installed 4/2023; County elevated Meigs Drive for drainage
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    This listing looks promising.

    Here's a quick look at some key insights for

    34 Meigs Drive, Shalimar, FL 32579

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $289K
      Suggested

    • Property Type

      Duplex
      Built 1973
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    End-Position Duplex With Garage
    Updated: Aug 7
    End-Position Duplex With Garage

    94 5th Street, Shalimar, FL 32579

    $230,000
    1,122 sqft 0.09 AC lot
    1,122 square feet on a 0.09‑acre lot
    Duplex built in 1983 with two bedrooms and two bathrooms
    Attached garage with direct access into the home
    Vaulted ceilings, expansive windows, and a fireplace
    Private fenced backyard with patio, garden, and locking gate
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Shalimar, 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.

    Duplex with Private Fenced Backyards
    Duplex with Private Fenced Backyards

    89 Eccles Road, Fort Walton Beach, FL 32547

    $725,000
    3,148 sqft

    Newly built duplex with central air, private fenced yards, and modern finishes in each unit.

    View details
    Duplex Under Construction
    Duplex Under Construction

    507 Scott Lane, Fort Walton Beach, FL 32547

    $650,000
    3,192 sqft

    Brand new duplex under construction with two units, central air, and public sewer service.

    View details
    Duplex with Fenced Backyard
    Duplex with Fenced Backyard

    619 Mimosa Avenue, Destin, FL 32541

    $609,000
    1,425 sqft

    Brick duplex built in 1973 with two-bedroom, one-bath units, central HVAC, and washer/dryer hookups.

    View details
    Gulf Front Duplex in Destin
    Gulf Front Duplex in Destin

    3430 Scenic Highway 98, Destin, FL 32541

    $4,500,000
    0.37 AC lot

    Gulf-front duplex with renovation or new construction potential in Crystal Beach.

    View details

    Shalimar, FL Duplexes Market Trends and Statistics

    Explore 2 duplexes for sale in Shalimar, FL on our real estate platform. These investment opportunities span a total of 2,882 square feet of properties for sale, with an estimated market value of $815,000.

    Sale prices for duplexes in Shalimar, FL start at $230,000, averaging $407,500, and reaching up to $585,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 11K
    Population Growth (5Y) +5.8%
    Median Household Income $98,014
    College Educated 72.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    32579 $585K

    Taxes & Financing

    Tax Rate (average for all types) 1.34%
    Property Tax per SF $12.20 per SF
    Tax Rate vs County Average 0.09 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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