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    Shalimar, FL
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    Shalimar, FL Multifamily Properties for Sale

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    Lake-View Duplex
    Updated: Jul 4
    Lake-View Duplex

    34 Meigs Drive, Shalimar, FL 32579

    $565,000
    1,760 sqft 0.55 AC lot
    Two 2‑bedroom, 2‑bath units totaling 1,760 square feet
    0.55‑acre parcel with views of Lake Vivian, Lake Clyde, the Choctawhatchee Bay, and Okaloosa Island
    Fully rented duplex
    Unit A remodeled in 2018 with updated finishes, appliances, fixtures, and HVAC
    New 150‑foot sewer line installed in 4/2023
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    Furnished Short-Term Rental Townhome
    Updated: Sep 18
    Furnished Short-Term Rental Townhome

    32 7Th Avenue, Shalimar, FL 32579

    $315,000
    1,730 sqft 0.10 AC lot
    1,730‑square‑foot furnished townhome at 32 7th Avenue, Unit 127
    Three bedrooms and two bathrooms with a separate dining room
    Vaulted ceilings and fireplace complement tile and carpet flooring
    Fenced private backyard with garage parking
    Central heating and central air conditioning
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

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

    22 Bobolink St NE, Fort Walton Beach, FL 32548

    $820,000
    2,816 sqft

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

    View details
    Urban Development Area Commercial Land
    Urban Development Area Commercial Land

    98 and 114 Skipper Avenue, Fort Walton Beach, FL 32547

    $890,000
    1.02 AC lot

    Two-parcel MU-zoned site with an existing duplex and development capacity subject to county approval.

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    UDAB Commercial Development Land
    UDAB Commercial Development Land

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

    $890,000

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

    View details
    Prime Real Estate on Racetrack Road
    Prime Real Estate on Racetrack Road

    120 NE Racetrack Road, Fort Walton Beach, FL 32547

    $1,300,000

    Nearly 1 acre with road frontage and development possibilities.

    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.

    Waterfront Land with Private Dock
    Waterfront Land with Private Dock

    Gulf Breeze Pkwy lot: 9, Gulf Breeze, FL 32563

    $1,750,000
    5.61 AC lot

    Waterfront land offering a private dock and fishing pier, plus access to an exclusive community beach area.

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    Gulf Breeze Land Investment Opportunity
    Gulf Breeze Land Investment Opportunity

    Suncrest St, Gulf Breeze, FL 32563

    $5,500,000
    4.60 AC lot

    4.6-acre property with 90 lots in waterfront community.

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    Gulf Breeze Wooded Lot Opportunity
    Gulf Breeze Wooded Lot Opportunity

    Suncrest St lot: 19, Gulf Breeze, FL 32563

    $45,000
    0.03 AC lot

    Wooded lot in Gulf Breeze community with waterfront access.

    View details
    Cleared Lot in Gulf Breeze
    Cleared Lot in Gulf Breeze

    1437 Suncrest St lot: 32, Gulf Breeze, FL 32563

    $55,000
    0.03 AC lot

    Vacant lot ideal for tiny home, mobile home, or RV.

    View details

    Shalimar, FL Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Shalimar, FL on our real estate platform. These investment opportunities span a total of 3,490 square feet of properties for sale, with an estimated market value of $880,000.

    Sale prices for multifamily properties in Shalimar, FL start at $315,000, averaging $440,000, and reaching up to $565,000 — 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

    Duplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +5.8%
    Median Household Income $98,014
    College Educated 72.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    32579 $407.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.34%
    Property Tax per SF $12.20 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Okaloosa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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