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10-Unit Apartment Building
New
For Sale
$995,000

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

Each residence has a one-bedroom, one-bathroom layout.

Property SizeContact for details
Days on Market2

Property Features for 14 NW Cape Dr A-J

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 10 x 1BR/1BA
Multifamily Units 10
Listing Agency: Endless Horizons Realty Inc
Listed By: Amber M Carpenter · License #3412747
Source: Elliman
Added: Sep 26 Last Checked: Sep 26 at 2:25PM

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.

The Fort Walton Beach property contains 10 apartments, each arranged with one bedroom and one bathroom. Professional management is in place, and the building is addressed at 14 NW Cape Dr A-J.

Shopping centers, major employers, and Gulf Coast beaches are described as a short drive away. The property has a Walk Score of 53 and a Bike Score of 41.

Key Highlights

  • 10 apartments, each with one bedroom and one bathroom
  • Professionally managed property at 14 NW Cape Dr A‑J, Fort Walton Beach
  • Walk Score: 53; Bike Score: 41

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Electrical Service Butcher Locksmith Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby

Demographics for 32548, FL

22,399
Population
14,040
Households
1.6
Avg Household Size
42
Median Age
31%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
1,851
Density / Sq Mi
$63,857
Median Household Income
$37,725
Median Earnings
$1,281
Median Rent
$291,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Each residence has a one-bedroom, one-bathroom layout.
Where is this apartment building located?
The property is located at 14 NW Cape Dr A-J Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 10 apartments, each with one bedroom and one bathroom; Professionally managed property at 14 NW Cape Dr A‑J, Fort Walton Beach; Walk Score: 53; Bike Score: 41
More about this property
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