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14 NW Cape Drive #A-J Fort Walton Beach, FL 32548

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For Sale
$1,150,000

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

Type:Commercial
Lot size:
0.32 Acres
Added:
Jan 3, 2026
Days on Market:
107
Last Refresh:
Apr 5 at 9:01 pm

Property Features for 14 NW Cape Drive #A-J

General Information

Standard status
Active
Lot size
0.32 Acres
Property subtype
Commercial

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Listing Contact
AMBER M CARPENTER
AMBER M CARPENTER

Listing agent AMBER M CARPENTER License #3412747

Listing office ENDLESS HORIZONS REALTY INC

Listing date Jan 3, 2026

Source Corcoran

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

All listing content including descriptions, pricing, images are the copyrighted material of ENDLESS HORIZONS REALTY INC


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.
Property Profile Insight Report 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
-86.6407
Latitude
30.4146

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 Drive #A-J Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $1,150,000.
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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