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    Santa Rosa Beach, FL
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    Santa Rosa Beach, FL Multifamily Properties for Sale

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    Quadplex with Balconies
    Updated: Oct 22, 2025
    Quadplex with Balconies

    108 Don Bishop Road, Santa Rosa Beach, FL 32459

    $949,999
    4,604 sqft
    Four 2‑bedroom, 2‑bath units
    Balconies and central air
    Newly painted on November 9, 2025
    Wood siding exterior and public sewer
    Zoned Resid Multi‑Family
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    108 Don Bishop Road, Santa Rosa Beach, FL 32459

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    • Est. Cap Rate

      5.9%
      NOI ÷ price

    • Est. NOI

      $56K
      Annual

    • Price @ 7% Cap

      $796K
      Suggested

    • Property Type

      Triplex
      Built 2004
    View Property Analytics
    Short Term Rental Property with Screened Porch
    Updated: Jul 30
    Short Term Rental Property with Screened Porch

    34 Blenheim Lane, Santa Rosa Beach, FL 32459

    $249,900
    1,000 sqft 0.06 AC lot
    Large screened‑in porch overlooking a private fenced backyard
    Single‑story townhome with flexible short- and long‑term rental permission per association guidelines
    0.06‑acre lot
    Roof and HVAC about 5 years old
    Septic tank with central heating and central air
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    Quadplex with Balcony
    Quadplex with Balcony

    108 Don Bishop Road, Santa Rosa Beach, FL 32459

    $959,999
    4,600 sqft

    4-unit quadplex built in 2005 with a balcony, washer/dryer hookups, and tile flooring.

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    Mixed-Use Office Building with Apartment
    Mixed-Use Office Building with Apartment

    4039 E County Hwy 30a, Santa Rosa Beach, FL 32459

    $3,600,000
    2,784 sqft

    Professional office space with eight private offices and a conference room, plus an upstairs two-bedroom apartment with private entrance.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated Beach Home with Gulf Views
    Renovated Beach Home with Gulf Views

    456 Cypress Dr, Santa Rosa Beach, FL 32459

    $1,450,000
    0.08 AC lot

    Newly renovated 30A beach home with gulf views.

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    Oceanview Oasis Near Scenic Highway
    Oceanview Oasis Near Scenic Highway

    4655 E County Hwy 30A, Santa Rosa Beach, FL 32459

    $3,999,000
    0.17 AC lot

    Six-bedroom home with private pool, near Greenway Station.

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    Seagrove Beach Compound with Pool
    Seagrove Beach Compound with Pool

    335 Eastern Lake Rd, Santa Rosa Beach, FL 32459

    $2,400,000
    0.27 AC lot

    Two homes on one property near the Gulf.

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    Modern Fully Leased Santa Rosa Quadplex
    Modern Fully Leased Santa Rosa Quadplex

    108 Don Bishop Road #11, Santa Rosa Beach, FL 32459

    $1,100,000

    Modern 4-unit apartment complex built in 2021, fully leased.

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    Turn-Key Condominium Investment Opportunity
    Turn-Key Condominium Investment Opportunity

    179 S County Hwy 393 #Building No. ONE, Santa Rosa Beach, FL 32459

    $18,500,000
    32,450 sqft 29.00 AC lot

    Newly constructed, fully furnished 30-unit condominium building in Santa Rosa Beach, Florida.

    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 9 Active listings in Santa Rosa Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Multifamily Townhome with Lake Patio
    Multifamily Townhome with Lake Patio

    5163 Beachwalk Drive, Miramar Beach, FL 32550

    $550,000
    1,256 sqft 0.03 AC lot

    Well-updated townhome with a patio and Horseshoe Lake views, featuring central heat and central air.

    View details
    Acreage with Pole Barns and Camper Hookups
    Acreage with Pole Barns and Camper Hookups

    58 Blue Gill Road, Freeport, FL 32439

    $550,000
    6.25 AC lot

    A 5.75+/- acre property in Freeport with two pole barns, city water, and hookups for four campers.

    View details
    Recreation Land with Camper Hookups
    Recreation Land with Camper Hookups

    58 Blue Gill Road, Freeport, FL 32439

    $515,000
    5.75 AC lot

    Versatile 5.75-acre property with dual road access, utility hookups for four campers, and two pole barns for storage or work.

    View details
    RV Resort Lot with Rental History
    RV Resort Lot with Rental History

    22-362 Miramar Beach Dr, Miramar Beach, FL 32550

    $298,500

    Own Lot #22 at a 36-space RV resort with private beach access and gated amenities.

    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.

    Land Near 30A Beaches
    Land Near 30A Beaches

    W Hewett Lodge Lane lot: 21, Santa Rosa Beach, FL 32459

    $119,000
    0.42 AC lot

    Cleared lot near beaches, shops, and restaurants.

    View details
    Freeport Land Near Waterfront Park
    Freeport Land Near Waterfront Park

    75 Hankins Road, Freeport, FL 32439

    $200,000
    0.83 AC lot

    Land for sale near Grady Brown Waterfront Park and Boat Launch.

    View details
    Adjacent Wooded Residential Land Parcels
    Adjacent Wooded Residential Land Parcels

    117 Jolly Bay and 221 Johnson Road, Freeport, FL 32439

    $225,000
    0.73 AC lot

    Two adjacent wooded parcels offer City water availability and sewer at the road in a rural village zoning area.

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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.

    View details

    Off-Market Properties in Santa Rosa Beach, FL

    Consider similar Off-Market properties in Santa Rosa Beach, 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.

    4401 Us Hwy 98th E
    MOBILE HOME PARK, TRAILER PARK

    4401 Us Hwy 98th E, Santa Rosa Beach, FL 32459-6039

    $23,000,000
    Estimated value
    1,140 sqft 49.00 AC lot
    View details
    82 Veterans Rd Lot, Unit 16
    MOBILE HOME PARK, TRAILER PARK

    82 Veterans Rd Lot, Santa Rosa Beach, FL 32459-5374

    Unit 16
    Value Estimation by Request
    1,064 sqft 2.74 AC lot
    View details

    Santa Rosa Beach, FL Multifamily Properties Market Trends and Statistics

    Explore 11 multifamily properties for sale in Santa Rosa Beach, FL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 45,438 square feet of properties for sale, with an estimated market value of $33,208,898.

    Sale prices for multifamily properties in Santa Rosa Beach, FL start at $249,900, averaging $3,689,877, and reaching up to $18,500,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 5
    Quadplexes 3
    Apartment buildings 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +43.5%
    Median Household Income $101,067
    College Educated 64.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    32459 $3.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.79%
    Property Tax per SF $7.82 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Walton County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Walton County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Santa Rosa Beach fall within the 10,000 to 25,000 square foot range.

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