Advertise
    Shalimar, FL
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Shalimar, FL Multifamily Properties for Sale

    Notify Me
    List
    Map
    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.

    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
    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
    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.

    Ready-to-Build Vacant Lot
    $104,900
    0.40 Acres
    Ready-to-Build Vacant Lot

    Cleared 0.4 acre lot in Navarre, utilities available.

    9013 Larker Woods Drive, Navarre, FL 32566

    View details
    Land Near 30A Beaches
    $119,000
    0.42 Acres
    Land Near 30A Beaches

    Cleared lot near beaches, shops, and restaurants.

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

    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 Market Trends and Statistics

    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.

    List
    Map

    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 $2M

    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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Shalimar, FL

    Popular Searches in Shalimar, FL

    Most Searched ZIP Codes in Shalimar, FL

    • 32579

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!