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    Shalimar, FL Multifamily Properties for Sale

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    Fort Walton Beach, FL Mary Esther, FL Destin, FL
    Fort Walton Beach Multifamily Portfolio
    $1,975,000

    Fort Walton Beach Multifamily Portfolio

    32 7th Ave, Shalimar, FL 32579

    Eight-property portfolio in Fort Walton Beach and Shalimar, Florida.

    • Significant value‑add opportunity through raising rents to market rates, with potential increases of $100-$175 per unit based on bedroom count.
    • Stabilized, cash‑flowing asset with historically high occupancy rates (near 100%).
    • Recent capital improvements, including new roofs, decks, HVACs, and hot water heaters on select units.
    • Diverse portfolio of 8 properties (4 townhomes and 4 single‑family homes) located within 5 miles of each other.
    • Tenants responsible for all utilities due to individual metering for electricity and water/sewer.
    Updated: Feb 17
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Shalimar, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    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
    Income-Producing Six-Plex with Updates
    $880,000
    2,816 SF

    Income-Producing Six-Plex with Updates

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

    22 Bobolink St NE, Fort Walton Beach, FL 32548
    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
    Harbor Village Mixed-Use Building
    $4,500,000
    21,120 SF

    Harbor Village Mixed-Use Building

    Renovated mixed-use building with retail and residential units.

    220 Harbor Blvd, Destin, FL 32541
    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
    Serene 4.66-Acre Wooded Freeport Parcel
    $205,000
    4.66 Acres

    Serene 4.66-Acre Wooded Freeport Parcel

    Wooded 4.66-acre parcel in Freeport, Florida, near Gulf Coast.

    4.66 Acres Watson Road, Freeport, FL 32439
    View details
    Gulf Breeze Waterfront Development Opportunity
    $500,000
    5.96 Acres

    Gulf Breeze Waterfront Development Opportunity

    5.96-acre property with waterfront views, private dock, and beach access.

    Gulf Breeze Pkwy lot: 9, Gulf Breeze, FL 32563
    View details
    Gulf Breeze Land Investment Opportunity
    $5,500,000
    4.60 Acres

    Gulf Breeze Land Investment Opportunity

    4.6-acre property with 90 lots in waterfront community.

    Suncrest St, Gulf Breeze, FL 32563
    View details

    Shalimar, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Shalimar, 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 $1,975,000.

    Sale prices for multifamily properties in Shalimar, FL start at $1,975,000, averaging $1,975,000, and reaching up to $1,975,000 — 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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