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10-Unit Multifamily Investment
For Sale
$1,050,000

A-j-14 Cape Dr Nw, Fort Walton Beach, FL 32548

Well-maintained 10-unit property with one-bedroom, one-bath layouts, marketed for steady rental income.

Property SizeContact for details
Days on Market243

Property Features for A-j-14 Cape Dr Nw

General Information

Standard status Active

Additional Details

Multifamily Units 10
Listing Agency: Endless Horizons Realty Inc
Listed By: Amber M Carpenter · License #3412747
Source: Exprealty
Added: Jan 3 Changed: Aug 20 Last Checked: Sep 1 at 11:28PM

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 is a 10-unit multifamily property offering one-bedroom, one-bathroom layouts in each unit. The configuration is described in the marketing materials as suitable for long-term tenancy or potential short-term conversion. The property is also described as professionally managed, with low overhead.

The offering is positioned in a convenient Fort Walton Beach location, with the public remarks noting proximity to major employers, shopping centers, and the Gulf Coast beaches. The marketing materials further state the property maintains high occupancy and consistent cash flow.

According to the provided information, the current monthly income is $9,225, with potential for future rent increases in a growing rental market.

Key Highlights

  • 10‑unit multifamily property with each unit offering a 1‑bedroom, 1‑bath layout
  • Current monthly income of $9,225
  • Professionally managed property

Property Analytics

Current Use

Short term rental ...

Suggested Use

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

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

528
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Well-maintained 10-unit property with one-bedroom, one-bath layouts, marketed for steady rental income.
Where is this apartment building located?
The property is located at A-j-14 Cape Dr Nw Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 10‑unit multifamily property with each unit offering a 1‑bedroom, 1‑bath layout; Current monthly income of $9,225; Professionally managed property
More about this property
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