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14 NW Cape Dr, Unit A-J Fort Walton Beach, FL 32548

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For Sale
$1,200,000

Ten-unit multifamily property with strong income stream near Gulf Coast.

Lot size:
0.32 Acres

Property Features for 14 NW Cape Dr

General Information

Standard status
Active
Lot size
0.32 Acres

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Listing Contact
Amber M Carpenter
Amber M Carpenter
Source: Corcoran

Listing Agency: Endless Horizons Realty, Inc Listing Agent: Amber M Carpenter

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Multifamily Property in Fort Walton

This ten-unit multifamily property is located in Fort Walton Beach, Florida, offering a consistent income stream. The property is situated in a convenient location, minutes from major employers, shopping centers, and Gulf Coast beaches. Each unit features a one-bedroom, one-bathroom layout, suitable for long-term tenants or short-term conversion. The property maintains high occupancy and consistent cash flow. The current monthly income is $9,275, with potential for future rent increases in a growing rental market. The property is professionally managed and offers low overhead, making it suitable for both hands-off investors or owner-operators.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fort Walton Beach
County
Okaloosa
State
Florida
Longitude
-86.6407279
Latitude
30.4146073

FAQs

What type of property is this?
Apartment building - Ten-unit multifamily property with strong income stream near Gulf Coast.
Where is this apartment building located?
The property is located at 14 NW Cape Dr, Unit A-J Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Strong income stream with $9,275 current monthly income.; - High occupancy and consistent cash flow.; - Located minutes from major employers, shopping centers, and Gulf Coast beaches.
More about this property
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