Multifamily

Niceville, FL Multifamily Properties for Sale

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Valparaiso, FL Fort Walton Beach, FL Shalimar, FL Destin, FL Freeport, FL Miramar Beach, FL Santa Rosa Beach, FL Mary Esther, FL
15-Unit Townhome Apartment Complex
Updated: Jan 22
15-Unit Townhome Apartment Complex

708-736 N Palm Boulevard, Niceville, FL 32578

$5,099,000
0.97 AC lot
15‑unit townhome complex
Two‑story configuration with bedrooms on the second floor
Two‑bedroom units
Two parking spaces per unit
0.97‑acre property
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1 active listing matches your search: Multifamily for sale in Niceville, FL. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lake-View Duplex
Lake-View Duplex

34 Meigs Drive, Shalimar, FL 32579

$565,000
1,760 sqft 0.55 AC lot

Fully leased duplex with updated interiors, separate two-bedroom residences, and water views from the property.

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Furnished Short-Term Rental Townhome
Furnished Short-Term Rental Townhome

32 7Th Avenue, Shalimar, FL 32579

$300,000
1,730 sqft 0.10 AC lot

Move-in-ready townhome with a furnished interior, private fenced yard, garage, and central heating and cooling.

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Baytowne Wharf Townhome with Bay Views
Baytowne Wharf Townhome with Bay Views

9201 Market Street Inn 167, Miramar Beach, FL 32550

$675,000
0.01 AC lot

Turnkey vacation rental in Sandestin Golf and Beach Resort.

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Marina & Bay View Penthouse
Marina & Bay View Penthouse

9500 Grand Sandestin Boulevard #UNIT 2910, Miramar Beach, FL 32550

$615,000

Penthouse with panoramic marina and bay views in Sandestin.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Hunting Land
Wooded Hunting Land

Badger Drive, Crestview, FL 32539

$175,000
10.00 AC lot

Wooded recreational acreage includes a cleared food plot and no HOA restrictions.

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Freeport Acreage for Custom Home
Freeport Acreage for Custom Home

1.9 Acres Red Barn Road, Freeport, FL 32439

$450,000
1.90 AC lot

1.9+/- acre parcel ideal for building a dream home.

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Vacant Lot in DeFuniak Springs
Vacant Lot in DeFuniak Springs

Tangerine Street, Defuniak Springs, FL 32433

Contact for pricing
0.23 AC lot

Vacant lot perfect for building your dream or vacation home.

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Versatile Homesite in Oakwood Hills
Versatile Homesite in Oakwood Hills

Tangerine & Lot 2 Girl Scout lot: 9-11, Defuniak Springs, FL 32433

Contact for pricing
0.25 AC lot

0.25-acre homesite near Mossy Head with development potential.

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Off-Market Properties in Niceville, FL

Consider similar Off-Market properties in Niceville, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

302 Madison St
APARTMENT HOUSE (UNDER 5 UNITS)

302 Madison St, Niceville, FL 32578-1433

Estimated value:
$520,000
3,096 sqft 1.56 AC lot
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Niceville, FL Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Niceville, FL on our real estate platform.

Sale prices for multifamily properties in Niceville, FL average $5,099,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 34K
Population Growth (5Y) +3.4%
Median Household Income $105,858
College Educated 34.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
32578 $5.1M

Taxes & Financing

Tax Rate (average for all types) 1.27%
Property Tax per SF $18.63 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

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