Santa Rosa County, FL Multifamily Properties for Sale

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Updated: Aug 26

Duplex with Detached ADU

4040 Wilkes St, Pace, FL 32571

$189,000

1,794 sqft

1,794‑square‑foot duplex‑style property on a 0.35‑acre lot
Main residence offers 2 bedrooms and 2 full baths
Detached 1‑bedroom, 1‑bath apartment built in 1970
Apartment leased month‑to‑month with private driveway and entrance
R1M‑zoned property near Highway 90 with access to Milton and Pensacola

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This listing looks promising.

Here's a quick look at some key insights for

4040 Wilkes St, Pace, FL 32571

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$16K
Annual
Price @ 7% Cap

$235K
Above asking
Property Type

Single Family Residence
Built 1925

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Updated: Jul 31

Four-Unit Quadplex

3410 Green Briar Ct, Gulf Breeze, FL 32563

$639,000

925 sqft 0.33 AC lot

Four‑unit multifamily property on 0.3347 acres
Zero vacancies reported over a 30‑year period
Shingle roof and siding completed in 2022
One unit remodeled in 2026
Washer and dryer hookups in all units

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Three-Unit Multifamily Property

1267 Redwood Ln, Gulf Breeze, FL 32563

$529,000

2,613 sqft 0.22 AC lot

Fully leased configuration with separately metered utilities and convenient access to nearby shopping and services.

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Quadplex With Fenced Yards

1-4-3410 Green Briar Ct, Gulf Breeze, FL 32563

$639,000

925 sqft

Four-unit residential income property with washer and dryer hookups in every unit and private fenced yards for two units.

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Duplex-Style Townhome With Bonus Apartment

1414 Bahia Drive, Navarre, FL 32566

$550,000

2,000 sqft 0.07 AC lot

End-unit townhome features a separate-entry mini-apartment plus central air, fenced yard, and multiple outdoor decks.

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Five-Home Apartment Property

5378 Alabama St, Milton, FL 32570

$329,000

1,136 sqft

Five separate rental homes offer a compact multifamily configuration with public water and sewer service.

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Waterfront Land With RV Pads

2610 Highway 4, Jay, FL 32565

$3,500,000

320.55 AC lot

River and lake frontage with established recreational improvements and infrastructure supporting RV-oriented use.

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Updated 12-Unit Apartment Building

6631 Magnolia St, Milton, FL 32570

$1,295,000

0.48 AC lot

Twelve refreshed one-bedroom residences offer assigned parking and in-place occupancy at a Milton multifamily property.

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Updated 8-Unit Apartment Building

6665 Magnolia St, Milton, FL 32570

$1,295,000

0.55 AC lot

Eight renovated apartments offer two-bedroom layouts, assigned parking, and in-unit laundry equipment.

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6-Unit Apartment Building

6630 Applegate St, Milton, FL 32570

$595,000

0.44 AC lot

Multifamily property with a duplex and four additional one-bedroom apartments on a single parcel.

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Beachfront Condo with Gulf Views

Gulf Breeze, FL 32561

$695,000

1,372 sqft

Three-bedroom condo with private balcony, resort-style amenities, and garage parking.

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Brick Duplex with Fenced Yards

Gulf Breeze, FL 32561

$392,500

1,656 sqft

Two two-bedroom units offer private laundry rooms, stainless appliances, and short-term rental flexibility.

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Furnished Condo with Gulf Views

Gulf Breeze, FL 32561

$735,000

12.00 AC lot

Furnished 2-bedroom condo in Portofino Island Resort with income potential.

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Waterfront RV Development Land

2610 Highway 4, Jay, FL 32565

$3,500,000

320.55 AC lot

Extensive Escambia River frontage includes six completed RV pads and multiple recreational structures on a large outdoor tract.

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2006 Central-Air Duplex

2207 Jeannie St, Navarre, FL 32566

$170,000

Two-unit residential property with central interior cooling and a composition exterior.

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Milton Income-Producing Residential Land

5919 Frisco Ln, Milton, FL

Contact for pricing

0.48 AC lot

Income property with development potential in a high-growth area.

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Three-Unit Triplex with Tenant-Paid Utilities

1267 Redwood Ln #A,B,C, Gulf Breeze, FL 32563

$529,000

Each residence includes separate water metering, an inside laundry area, and a combined living and dining space.

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Duplex with Metal Roof

5194 Spring St, Jay, FL 32565

Contact for pricing

Two three-bedroom units offer central heating and air, full bathrooms, and included kitchen appliances.

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Residential Income Property

2763 Villa Woods Cir, Gulf Breeze, FL 32563

$299,999

Built in 1980 with a central interior feature and access from Villa Woods Circle.

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Mixed-Use Property with Office

8438 Gulf Blvd, Navarre, FL 32566

Contact for pricing

Combines first-floor office occupancy with two upper-level short-term rental units.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Santa Rosa County, FL, we suggest to view alternatives - similar 37 Off-Market properties to explore as potential leads.

Off-Market Properties in Santa Rosa County, FL

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

CAMPGROUND, RV PARK

5996 Jeff Ates Rd, Milton, FL 32583-8233

$235,000

Estimated value

1,736 sqft 23.60 AC lot

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CAMPGROUND, RV PARK

8885 Navarre Pkwy, Navarre, FL 32566-2149

$635,000

Estimated value

1,492 sqft 6.03 AC lot

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CAMPGROUND, RV PARK

Munson Hwy, Milton, FL 32570

$230,000

Estimated value

0.18 AC lot

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CAMPGROUND, RV PARK

7353 Munson Hwy, Milton, FL 32570-6206

$390,000

Estimated value

1,656 sqft 13.38 AC lot

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Santa Rosa County, FL Multifamily Properties Market Trends and Statistics

Explore 57 multifamily properties for sale in Santa Rosa County, FL, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 12,421 square feet of properties for sale, with an estimated market value of $15,881,499.

Sale prices for multifamily properties in Santa Rosa County, FL start at $170,000, averaging $934,205, and reaching up to $3,500,000 — 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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