Multifamily

Okaloosa County, FL Multifamily Properties for Sale

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Remodeled Duplex with Screened Porch
Updated: Jul 4
Remodeled Duplex with Screened Porch

34 Meigs Drive, Shalimar, FL 32579

$585,000
1,760 sqft 0.55 AC lot
Fully rented duplex with two 2‑bedroom, 2‑bath units
Unit A completely remodeled in 2018 down to the studs; HVAC replaced in 2017
New roof completed in 2018
New HVAC system installed July 2022; water heater installed 2021
New 150‑foot sewer line installed 4/2023; County elevated Meigs Drive for drainage
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Duplex with Private Fenced Backyards
Updated: Jul 6
Duplex with Private Fenced Backyards

89 Eccles Road, Fort Walton Beach, FL 32547

$725,000
3,148 sqft
2026‑built duplex listed as under construction
3148 SF heated and cooled living space
Each unit: 3 bedrooms and 3.5 bathrooms plus one‑car garage
Each unit includes fenced backyard with irrigation system
Three separate power meters for Unit A, Unit B, and security lighting/well pump
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Duplex Under Construction
Duplex Under Construction

507 Scott Lane, Fort Walton Beach, FL 32547

$650,000
3,192 sqft

Brand new duplex under construction with two units, central air, and public sewer service.

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Income-Producing Six-Plex with Updates
Income-Producing Six-Plex with Updates

22 Bobolink Street Northeast, Fort Walton Beach, FL 32548

$820,000
2,816 sqft

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

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Two-Unit Duplex Under Construction
Two-Unit Duplex Under Construction

161 S Booker Street, Crestview, FL 32536

$715,000
2,834 sqft 0.28 AC lot

New two-story duplex under construction on a 0.28-acre lot with central air and a sprinkler system.

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Duplex with Fenced Backyard
Duplex with Fenced Backyard

619 Mimosa Avenue, Destin, FL 32541

$609,000
1,425 sqft

Brick duplex built in 1973 with two-bedroom, one-bath units, central HVAC, and washer/dryer hookups.

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End-Position Duplex With Garage
End-Position Duplex With Garage

94 5th Street, Shalimar, FL 32579

$230,000
1,122 sqft 0.09 AC lot

The property combines vaulted ceilings, updated finishes, and a private fenced backyard.

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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.

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Four-Unit Quadplex with Bonus Rooms
Four-Unit Quadplex with Bonus Rooms

125 Beal Parkway, Fort Walton Beach, FL 32548

$397,000
2,550 sqft 0.16 AC lot

Four one-bedroom units with bonus rooms and fenced backyard on a small lot in a commercial/residential multi-family zone.

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Mobile Home Park Investment
Mobile Home Park Investment

6222 Old Bethel Road, Crestview, FL 32536

$1,600,000
4.48 AC lot

Income-producing mobile home park in Crestview, Florida.

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Multifamily Property in Fort Walton
Multifamily Property in Fort Walton

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

$1,050,000
0.32 AC lot

Ten-unit multifamily property with strong income stream near Gulf Coast.

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Renovated Mixed-Use Building
Renovated Mixed-Use Building

220 Harbor Blvd Unit 1-10, Destin, FL 32541

$4,495,000
1.00 AC lot

Combines independent retail and residential spaces within a two-story commercial configuration.

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Mobile Home and RV Park
Mobile Home and RV Park

4600 Wilkerson Bluff Road, Holt, FL 32564

$495,000
8.57 AC lot

Established mobile home and RV park on 8.57 acres.

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Crystal Beach Turnkey Beach House
Crystal Beach Turnkey Beach House

4453 Clipper Cv, Destin, FL 32541

$1,049,000
0.12 AC lot

Turnkey beach house in Crystal Beach with strong rental income.

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Renovated Home Near Emerald Coast
Renovated Home Near Emerald Coast

4779 Bonaire Cay, Destin, FL 32541

$1,099,999
0.19 AC lot

Renovated 4-bedroom home near the beach, fully furnished.

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UDAB Commercial Development Land
UDAB Commercial Development Land

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

$950,000

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

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10-Unit Apartment Building
10-Unit Apartment Building

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

$1,075,000

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

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Crestview Multifamily Investment Opportunity
Crestview Multifamily Investment Opportunity

507 Amos St, Crestview, FL 32539

Contact for pricing
8,400 sqft

Stabilized 10-unit apartment building built in 2021.

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Gulf Front Duplex in Destin
Gulf Front Duplex in Destin

3430 Scenic Highway 98, Destin, FL 32541

$4,500,000
0.37 AC lot

Gulf-front duplex with renovation or new construction potential in Crystal Beach.

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Storage and RV Spaces For Sale
Storage and RV Spaces For Sale

950 W Hwy 98, Mary Esther, FL 32569

Contact for pricing
8,585 sqft 1.04 AC lot

Storage units and RV spaces available in Mary Esther, Florida.

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10-Unit Multifamily Investment
10-Unit Multifamily Investment

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

$1,050,000

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

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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.

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Spacious Vacation Rental in Destin
Spacious Vacation Rental in Destin

228 Kono Way, Destin, FL 32541

$1,000,000

Six-bedroom vacation rental in Villages of Crystal Beach.

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Resort Home in Gated Community
Resort Home in Gated Community

210 W. Grand Ky, Destin, FL 32541

$1,149,000

Furnished 5-bedroom home in Villages of Crystal Beach.

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Okaloosa County, FL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Okaloosa County, FL, showcased through 37 active listings on our real estate platform. These investment opportunities span a total of 58,007 square feet of properties for sale, with an estimated market value of $30,361,699.

Sale prices for multifamily properties in Okaloosa County, FL start at $230,000, averaging $1,124,507, and reaching up to $4,500,000 — 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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