Advertise
    Fort Walton Beach, FL
    Multifamily

    Fort Walton Beach, FL Multifamily Properties for Sale

    Notify Me
    List
    Map
    Mary Esther, FL Shalimar, FL Destin, FL Miramar Beach, FL Valparaiso, FL Niceville, FL Navarre, FL Freeport, FL
    24 properties
    Sort:
    Under-Construction Duplex with Modern Finishes
    Updated: Jul 6
    Under-Construction Duplex with Modern Finishes

    89 Eccles Road, Fort Walton Beach, FL 32547

    $725,000
    3,148 sqft
    3,148‑square‑foot duplex with two 1,574‑square‑foot units
    Each unit includes 3 bedrooms, 3.5 bathrooms, and a one‑car garage
    Luxury vinyl plank flooring, quartz countertops, and stainless steel appliances
    Private fenced backyard and irrigation system for each unit
    Three separate power meters for the units, security lighting, and well pump
    View details
    Updated Four-Unit Quadplex
    Updated: Sep 22
    Updated Four-Unit Quadplex

    131 Bayou View Drive, Fort Walton Beach, FL 32547

    $699,900
    3,180 sqft
    Four 2‑bedroom, 1‑bath units across two buildings
    3,180 square feet on a 0.00‑acre?
    View details
    Two-Unit Duplex with Fireplaces
    Two-Unit Duplex with Fireplaces

    512 NW Parkview Road, Fort Walton Beach, FL 32547

    $450,000
    2,356 sqft

    Income-producing multifamily property with updated kitchens, private bedrooms, fenced outdoor space, and central heating and cooling.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Two-Unit Duplex Property with Fireplaces
    Two-Unit Duplex Property with Fireplaces

    510 Nw Parkview Rd Unit A & B, Fort Walton Beach, FL 32547

    $450,000
    2,356 sqft

    Occupied duplex with updated kitchens, private bedrooms, and two full bathrooms in each residence.

    View details
    Duplex with Updated Kitchens
    Duplex with Updated Kitchens

    510 NW Parkview Road, Fort Walton Beach, FL 32547

    $450,000
    2,356 sqft

    Two occupied residences offer 2-bedroom layouts, fireplaces, fenced outdoor space, and central HVAC within a multifamily-zoned property.

    View details
    Duplex with Covered Porches
    Duplex with Covered Porches

    507 Scott Lane, Fort Walton Beach, FL 32547

    $649,999
    3,192 sqft

    Each residence has a private garage, fenced outdoor space, and a covered rear porch.

    View details
    Established Mobile Home Park
    Established Mobile Home Park

    208 Casper Drive, Fort Walton Beach, FL 32547

    $875,000
    0.60 AC lot

    Managed residential community with renovated units and an established tenant base.

    View details
    Updated Duplex with New Roof
    Updated Duplex with New Roof

    512 Nw Parkview Rd Unit A & B, Fort Walton Beach, FL 32547

    $450,000
    2,356 sqft

    Two occupied residences offer updated kitchens, fireplaces, private bedrooms, and two full bathrooms per unit.

    View details
    10-Unit Apartment Building
    10-Unit Apartment Building

    14 NW Cape Drive, Fort Walton Beach, FL 32548

    $995,000
    0.32 AC lot

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

    View details
    13-Unit Apartment Community
    13-Unit Apartment Community

    210 NW Dates Avenue, Fort Walton Beach, FL 32548

    $1,400,000
    1.26 AC lot

    All units feature a two-bedroom, one-bath layout with recent building and interior improvements.

    View details
    Income-Producing Six-Plex with Updates
    Income-Producing Six-Plex with Updates

    22 Bobolink St NE, Fort Walton Beach, FL 32548

    $820,000
    2,816 sqft

    Six-plex with long-term tenants and recent updates.

    View details
    Four-Residence Multifamily Property
    Four-Residence Multifamily Property

    322 Green Acres Road, Fort Walton Beach, FL 32547

    $590,000
    0.68 AC lot

    Four separately rented residences with varied housing types, parking, laundry hookups, and a fenced workshop on a commercial-compatible site.

    View details
    Urban Development Area Commercial Land
    Urban Development Area Commercial Land

    98 and 114 Skipper Avenue, Fort Walton Beach, FL 32547

    $890,000
    1.02 AC lot

    Two-parcel MU-zoned site with an existing duplex and development capacity subject to county approval.

    View details
    New Multifamily Investment Opportunity
    New Multifamily Investment Opportunity

    960 NW Denton Boulevard, Fort Walton Beach, FL 32547

    $2,510,000
    1,055 sqft

    Ten newly constructed, tenant-occupied apartments in Fort Walton Beach, Florida.

    View details
    Brick Fourplex
    Brick Fourplex

    125 Beal Parkway, Fort Walton Beach, FL 32548

    $397,000
    2,550 sqft 0.16 AC lot

    Each residence pairs a bedroom and bath with a living area and an additional flexible-use room.

    View details
    Gulf-Front 69-Unit Apartment Property
    Gulf-Front 69-Unit Apartment Property

    480 Santa Rosa Boulevard, Fort Walton Beach, FL 32548

    $35,000,000
    1.57 AC lot

    Two-building multifamily property with direct beach access and a tenant base weighted toward long-term rentals.

    View details
    Established Mobile Home Park
    Established Mobile Home Park

    208 Casper Dr, Fort Walton Beach, FL 32547

    $875,000

    Managed residential community with renovated units and limited common-area upkeep.

    View details
    10-Unit Apartment Building
    10-Unit Apartment Building

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

    $995,000

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

    View details
    UDAB Commercial Development Land
    UDAB Commercial Development Land

    98114 98 And 114 Skipper Ave, Fort Walton Beach, FL 32547

    $890,000

    Two adjacent parcels provide access from Skipper Avenue and Katherine Street within the Urban Development Area Boundary.

    View details
    10-Unit Apartment Building
    10-Unit Apartment Building

    14 NW Cape Drive A-j, Fort Walton Beach, FL 32548

    $1,050,000

    Consistent one-bedroom, one-bathroom layouts across all units support straightforward multifamily operations.

    View details
    Duplex with Wood-Burning Fireplaces
    Duplex with Wood-Burning Fireplaces

    510 NW Parkview Rd #A & B, Fort Walton Beach, FL 32547

    $450,000
    2,356 sqft

    Occupied two-bedroom residences feature updated kitchens, private bedrooms, and separate wood-burning fireplaces.

    View details
    Duplex with Updated Kitchens
    Duplex with Updated Kitchens

    512 NW Parkview Rd #A & B, Fort Walton Beach, FL 32547

    $450,000
    2,356 sqft

    Two separate residences offer fireplaces, private bedrooms, and full bathrooms in each unit.

    View details
    Sound-Side Townhome with Boat Slip
    Sound-Side Townhome with Boat Slip

    340 Bluefish Dr UNIT 109, Fort Walton Beach, FL 32548

    $885,000

    Townhome with boat slip, waterway views, and rental potential.

    View details
    Prime Real Estate on Racetrack Road
    Prime Real Estate on Racetrack Road

    120 NE Racetrack Road, Fort Walton Beach, FL 32547

    $1,300,000

    Nearly 1 acre with road frontage and development possibilities.

    View details
    Not finding what you need? Try buying leads tailored to your intent and find the right opportunities before everyone else. Get Leads
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Fort Walton Beach, FL, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

    Fort Walton Beach, FL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Fort Walton Beach, FL, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 30,077 square feet of properties for sale, with an estimated market value of $54,246,899.

    Sale prices for multifamily properties in Fort Walton Beach, FL start at $397,000, averaging $2,260,287, and reaching up to $35,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 10
    Apartment buildings 8
    Mobile home & RV parks 2
    Quadplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 59K
    Population Growth (5Y) +7.7%
    Median Household Income $66,255
    College Educated 25.9%

    High-Yield Neighborhoods for Investment

    Identify Fort Walton Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32547 $794.1K
    32548 $5.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.28%
    Property Tax per SF $17.48 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Okaloosa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Okaloosa County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Fort Walton Beach fall within the 50,000 to 100,000 square foot range.

    How Realmo verifies these figures

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Fort Walton Beach, FL

    Popular Searches in Fort Walton Beach, FL

    Popular Categories

    Most Searched ZIP Codes in Fort Walton Beach, FL

    • 32547
    • 32548

    Featured Fort Walton Beach Real Estate Agencies

    Realmo connects you with licensed Fort Walton Beach CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Livin Right Real Estate
    135 Perry Ave SE Fort Walton Beach, FL 32548
    Phone: 18508650116
    www.livinrightrealestate.com
    Why this one?
    Saved
    Reason not saved — we won't ask again

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!