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    Shalimar, FL
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    Shalimar, FL Multifamily Properties for Sale

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    Vaulted-Ceiling Duplex
    Updated: Aug 7
    Vaulted-Ceiling Duplex

    94 5th Street, Shalimar, FL 32579

    $230,000
    1,122 sqft
    1,122‑square‑foot duplex with vaulted ceilings and expansive windows
    New luxury vinyl plank flooring in the main living areas
    Both bedrooms feature brand‑new carpet
    Primary bathroom includes a skylight and updated vanity with sintered stone countertop
    Attached garage with direct access into the home
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    This listing looks promising.

    Here's a quick look at some key insights for

    94 5th Street, Shalimar, FL 32579

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $184K
      Suggested

    • Property Type

      Townhouse
      Built 1983
    View Property Analytics
    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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    Fort Walton Beach Multifamily Portfolio
    Fort Walton Beach Multifamily Portfolio

    32 7th Ave, Shalimar, FL 32579

    Contact for pricing

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

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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

    Contact for pricing
    2,816 sqft

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

    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
    Mixed-Use Harbor Village Building
    Mixed-Use Harbor Village Building

    220 Harbor Boulevard Unit Units 1-, Destin, FL 32541

    $4,500,000
    20,000 sqft 1.00 AC lot

    Renovated Harbor Village building includes 10 retail storefronts and 10 two-bedroom apartments with independent access.

    View details
    Harbor Village Mixed-Use Building
    Harbor Village Mixed-Use Building

    220 Harbor Blvd, Destin, FL

    Contact for pricing
    21,120 sqft 0.86 AC lot

    Renovated mixed-use building with retail and residential units in Destin.

    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
    Waterfront Land with Private Dock
    Waterfront Land with Private Dock

    Gulf Breeze Pkwy, Gulf Breeze, FL 32563

    $500,000
    5.96 AC lot

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

    View details
    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.

    View details
    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

    Shalimar, FL Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Shalimar, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,882 square feet of properties for sale, with an estimated market value of $815,000.

    Sale prices for multifamily properties in Shalimar, FL start at $230,000, averaging $407,500, and reaching up to $585,000 — 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 2

    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 $585K

    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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