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Multifamily Property in Fort Walton

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

14 NW Cape Drive #A-J, Fort Walton Beach, FL, 32548
$1,075,000
For Sale
$1,075,000

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

Lot Size0.32 Acres
Days on Market198

Property Features for 14 NW Cape Drive #A-J

General Information

Standard status
Active
Lot size
0.32 Acres
Property subtype
Commercial
Listing Agency ENDLESS HORIZONS REALTY INC
Listed by AMBER M CARPENTER · License #3412747
Source Corcoran
Added: Jan 3 Updated: Jul 6 at 10:01 am Checked: Jul 20 at 3:29 am

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


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store Butcher Electrical Service Locksmith Food Market (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

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 $1,075,000.
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.
Contact an agent
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