Multifamily

Valparaiso, FL Multifamily Properties for Sale

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Niceville, FL Fort Walton Beach, FL Shalimar, FL Destin, FL Freeport, FL Miramar Beach, FL Mary Esther, FL Crestview, FL
Mixed-Use Building with Storefront
Updated: Nov 22, 2025
Mixed-Use Building with Storefront

Valparaiso, FL 10960

$2,795,000
1987‑built downtown mixed‑use property with ground‑floor storefront and two 1‑bedroom apartments above
Ground‑floor retail with two residential units (1BR apartments) for a mixed‑use setup
Separate utilities for the storefront and apartments
Includes sprinkler system and fire alarm system
Dedicated off‑street parking
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Valparaiso, 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.

Lake-View Duplex
Lake-View Duplex

34 Meigs Drive, Shalimar, FL 32579

$565,000
1,760 sqft 0.55 AC lot

Fully leased duplex with updated interiors, separate two-bedroom residences, and water views from the property.

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Furnished Short-Term Rental Townhome
Furnished Short-Term Rental Townhome

32 7Th Avenue, Shalimar, FL 32579

$300,000
1,730 sqft 0.10 AC lot

Move-in-ready townhome with a furnished interior, private fenced yard, garage, and central heating and cooling.

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Brick Duplex with Fenced Yard
Brick Duplex with Fenced Yard

619 Mimosa Avenue, Destin, FL 32541

$609,000
1,425 sqft

Two residential units provide a practical multifamily configuration in Destin.

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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.

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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.

Freeport Acreage for Custom Home
Freeport Acreage for Custom Home

1.9 Acres Red Barn Road, Freeport, FL 32439

$450,000
1.90 AC lot

1.9+/- acre parcel ideal for building a dream home.

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Wooded Hunting Land
Wooded Hunting Land

Badger Drive, Crestview, FL 32539

$175,000
10.00 AC lot

Wooded recreational acreage includes a cleared food plot and no HOA restrictions.

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Adjacent Wooded Residential Land Parcels
Adjacent Wooded Residential Land Parcels

117 Jolly Bay and 221 Johnson Road, Freeport, FL 32439

$225,000
0.73 AC lot

Two adjacent wooded parcels offer City water availability and sewer at the road in a rural village zoning area.

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Wooded Lot in DeFuniak Springs
Wooded Lot in DeFuniak Springs

W Cypress Avenue lot: 3, Defuniak Springs, FL 32433

Contact for pricing
0.22 AC lot

Wooded lot ready for a custom-built, modular, or mobile home.

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Valparaiso, FL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Valparaiso, FL on our real estate platform.

Sale prices for multifamily properties in Valparaiso, FL average $2,795,000 — 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

Demographics Overview

Population 4,117
Population Growth (5Y) -5.7%
Median Household Income $85,385
College Educated 48.5%

Taxes & Financing

Tax Rate (average for all types) 1.37%
Property Tax per SF $17.12 per SF
Tax Rate vs County Average 0.13 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 Residential Income pricing trends in Okaloosa County

Residential Income

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