Multifamily Property in Fort
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
(850) 315-0111
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
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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
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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.