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    Niceville, FL Multifamily Properties for Sale

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    Niceville Multi-Use Redevelopment Opportunity
    $400,000

    Niceville Multi-Use Redevelopment Opportunity

    311 Kelly Rd, Niceville, FL 32578

    0.80-acre parcel with redevelopment potential in Niceville CRA district.

    • ±0.80‑acre multi‑use parcel in Niceville CRA district offers strong redevelopment and investment potential.
    • Multi‑Use zoning allows for conversion to office/professional space or additional commercial/multi‑family development (subject to city approvals).
    • Existing duplex with new metal roof provides a value‑add renovation opportunity.
    • Significant vacant land allows flexibility for various development concepts.
    • Located in an established area with nearby residential and commercial activity in a growing redevelopment corridor.
    Updated: Jan 29
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    Niceville Multi-Use Redevelopment Opportunity
    $800,000

    Niceville Multi-Use Redevelopment Opportunity

    309-311 Kelly Road, Niceville, FL 32578

    Three parcels totaling ±1.6 acres in Niceville CRA district.

    • 1.6 acres of multi‑use parcels in Niceville CRA district offer exceptional redevelopment/investment potential.
    • Value‑add opportunity with existing duplex featuring a new metal roof.
    • Multi‑Use zoning allows for flexible development options: commercial, mixed‑use, multi‑family, or owner‑user projects.
    • Significant vacant land allows for additional development.
    • Located in an established area with nearby residential and commercial activity.
    Updated: Jan 29
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Niceville, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Fully Occupied Multi-Family Investment
    $586,405
    2,750 SF

    Fully Occupied Multi-Family Investment

    Income-producing multi-family property with development potential near Eglin AFB.

    818 Lark Street, Fort Walton Beach, FL 32547
    View details
    Destin Duplex on Large Lot
    $669,000
    1,425 SF

    Destin Duplex on Large Lot

    Duplex in Destin, Florida with long-term tenants.

    619 Mimosa Avenue, Destin, FL 32541
    View details
    Harbor Village Mixed-Use Building
    $4,500,000
    20,000 SF

    Harbor Village Mixed-Use Building

    Renovated mixed-use building with retail and residential units.

    220 Harbor Boulevard Units 1-10, Destin, FL 32541
    View details
    Prime Real Estate on Racetrack Road
    $1,300,000

    Prime Real Estate on Racetrack Road

    Nearly 1 acre with road frontage and development possibilities.

    120 NE Racetrack Road, Fort Walton Beach, FL 32547
    View details

    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.

    Cleared Land Parcel in Crestview
    $119,900
    1.25 Acres

    Cleared Land Parcel in Crestview

    1.25-acre parcel prepped for utilities between Crestview and Mossy Head.

    4099 E Highway 90, Crestview, FL 32539
    View details
    Cleared Lot in Crestview, FL
    $39,900
    0.24 Acres

    Cleared Lot in Crestview, FL

    Ready-to-build 0.24-acre lot with utilities in Crestview, Florida.

    4712 Canary Way, Crestview, FL 32539
    View details
    Cleared Lot in Crestview, FL
    $39,900
    0.24 Acres

    Cleared Lot in Crestview, FL

    0.24-acre cleared lot ready for building or manufactured home.

    4716 Canary Way, Crestview, FL 32539
    View details
    Cleared Lot in Crestview, FL
    $39,900
    0.24 Acres

    Cleared Lot in Crestview, FL

    Ready-to-build 0.24-acre lot with utilities in Crestview, Florida.

    Canary Way lot: 21, Crestview, FL 32539
    View details

    Explore 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

    302 Madison St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,096 SF
    Value Estimation
    $520,000
    302 Madison St, Niceville, FL 32578-1433
    View details

    Niceville, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 3 multifamily properties for sale in Niceville, FL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for multifamily properties in Niceville, FL start at $400,000, averaging $600,000, and reaching up to $800,000 — 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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