Multifamily Property in Fort
For Sale
$1,075,000
14 NW Cape Drive #A-J, Fort Walton Beach, FL 32548
Ten-unit multifamily property with strong income stream near Gulf Coast.
Property SizeContact for details
Lot Size0.32 Acres
Days on Market221
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
Changed: Aug 12
Last Checked: Aug 12 at 7:46AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
