Four-Residence Multifamily
For Sale
$590,000
322 Green Acres Road, Fort Walton Beach, FL 32547
Commercial for Sale, Fort Walton Beach, FL
Property SizeContact for details
Lot Size0.68 Acres
Days on Market152
Property Features for 322 Green Acres Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Located on Green Acres Road on north side
Subdivision
12 - Fort Walton Beach
Standard status
Active
APN
34-1S-24-0000-0113-0000
Lot size
0.68 Acres
Taxes and HOA fees
Tax Description
Beg 673 Ft W & 90 Ft S Of Ne Cor Of Nw 1/4 Of Sw1/4 W150 Ft S200 Ft E150 Ft N200 Ft To Beg Or 406-67
Legal Description
Beg 673 Ft W & 90 Ft S Of Ne Cor Of Nw 1/4 Of Sw1/4 W150 Ft S200 Ft E150 Ft N200 Ft To Beg Or 406-67
Amenities
double carport
single carport
fenced-in workshop/storage area
central lawn pump
screened back porch
large fenced shed
rear deck
laundry area
covered front deck
enclosed front deck
washer/dryer hookups
laundry room
fireplace
Listing Agency:
NBI Properties Inc
(850) 243-0007
Listed By:
Craig S Barrett · License #3294646
(850) 217-0303
Added: Apr 15
Changed: Sep 11
Last Checked: Sep 13 at 7:06AM
MLS# 1000696
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property includes four separately rented residences on 0.68 acres, comprising a brick home, cedar home, and two mobile homes. The unit mix includes three-bedroom and two-bedroom residences, with carports or dedicated parking, laundry hookups, and individual residential features such as decks, screened outdoor space, and fireplaces. HVAC systems are noted in good working order where specified. A 475-square-foot fenced workshop and storage area provides additional on-site utility and may be used by the owner or rented separately.
The property is located at 322-324B Green Acres Road in Fort Walton Beach, Florida. The homes are separately leased, including one long-term tenancy exceeding 25 years. One mobile home received extensive renovations in 2024, including updates to the roof, interior finishes, cabinetry, fixtures, appliances, and electrical systems. The property information also indicates that the zoning supports commercial use.
The property is located at 322-324B Green Acres Road in Fort Walton Beach, Florida. The homes are separately leased, including one long-term tenancy exceeding 25 years. One mobile home received extensive renovations in 2024, including updates to the roof, interior finishes, cabinetry, fixtures, appliances, and electrical systems. The property information also indicates that the zoning supports commercial use.
Key Highlights
- Four residences on 0.68 acres
- 475‑square‑foot fenced workshop and storage area
- Unit mix includes one brick home, one cedar home, and two mobile homes
Property Analytics
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
Explore this area
Business Placement
Demographics for 32547, FL
35,466
Population
16,112
Households
2.2
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
29.0 sq mi
ZIP Area
1,223
Density / Sq Mi
$67,822
Median Household Income
$36,465
Median Earnings
$1,421
Median Rent
$299,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Four separately rented residences with varied housing types, parking, laundry hookups, and a fenced workshop on a commercial-compatible site.
Where is this multifamily property located?
The property is located at 322 Green Acres Road Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Four residences on 0.68 acres; 475‑square‑foot fenced workshop and storage area; Unit mix includes one brick home, one cedar home, and two mobile homes
