Listing Agency: Beycome of Florida LLC n*@beycome.com Show Phone

Listed By: Steve Koleno · License #BK3469487 Show Phone

Added: Jan 22 Changed: Sep 11 Last Checked: Sep 11 at 5:06PM

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MLS# 993429

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.

Located at 708-736 N Palm Boulevard in Niceville, Florida, this 15-unit apartment complex occupies 0.97 acres. The property is configured as a two-story townhome complex, with two-bedroom units and bedrooms positioned on the second floor.

Each unit includes two parking spaces, providing an assigned parking arrangement across the property. The asset is situated in Niceville, in Okaloosa County, with a 32578 postal designation.

Key Highlights

• 15‑unit townhome complex
• Two‑story configuration with bedrooms on the second floor
• Two‑bedroom units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Restaurant Parking Lot & Garage Pharmacy Electrical Service Auto Parts Store

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

15

Residential units

Location Intelligence

Trade Area within ½ mile

130

Businesses Nearby

Explore this area Business Placement

Demographics for 32578, FL

35,075

Population

14,578

Households

2.4

Avg Household Size

42

Median Age

45%

College-Educated

97%

High-School Grad

23.2 sq mi

ZIP Area

1,512

Density / Sq Mi

$105,858

Median Household Income

$52,028

Median Earnings

$1,744

Median Rent

$414,900

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Two-story residences feature second-floor bedrooms and two dedicated parking spaces per unit.

Where is this apartment building located?

The property is located at 708-736 N Palm Boulevard Niceville, FL.

What is the asking price?

The asking price for this property is $5,099,000.

What are key features of this property?

This property features: 15‑unit townhome complex; Two‑story configuration with bedrooms on the second floor; Two‑bedroom units