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    Watersound, FL Multifamily Properties for Sale

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    Paired Patio Villa Duplex
    Updated: Mar 27
    Paired Patio Villa Duplex

    339-B Suwannee Drive, Watersound, FL 32461

    $534,995
    1,410 sqft
    Under construction 2‑bedroom, 2‑bath paired patio villa with 1,410 SF of single‑level living (Year built: 2026)
    Open kitchen, dining, and family room layout leading to a covered rear patio
    Oversized kitchen island with level 2 quartz countertops and a complete upgraded GE Profile appliance package
    Owner’s suite includes a walk‑in closet and a deluxe bath with a tiled shower and built‑in bench
    Upgraded features include 10‑ft ceilings, 8‑ft interior doors, upgraded level 2 plank flooring, tankless water heater, and sprinkler system
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    This listing looks promising.

    Here's a quick look at some key insights for

    339-B Suwannee Drive, Watersound, FL 32461

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    • Est. Cap Rate

      3.2%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $244K
      Suggested
    View Property Analytics
    Paired Patio Home Duplex
    Updated: May 19
    Paired Patio Home Duplex

    20 A Skimmer Cove Loop, Watersound, FL 32461

    $566,525
    1,442 sqft
    1,442 SF paired patio home under construction (Year built 2026) in Watersound Origins, Villas at Longleaf Park
    2 bedrooms, 2.5 bathrooms, plus a 1.5‑car garage with an open living area featuring 10‑ft ceilings and 8‑ft interior doors
    Covered front porch and covered rear patio for indoor‑outdoor connection
    Kitchen with Level 2 quartz countertops, walk‑in pantry, ceramic tile backsplash, and GE appliance package
    Tankless water heater and impact‑rated windows; gas grill rough‑in included
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    Paired Patio Home Duplex
    Paired Patio Home Duplex

    430 B Suwannee Drive, Watersound, FL 32461

    $539,995
    1,418 sqft

    Lucas plan duplex with 2 bedrooms, 2 bathrooms, a 1.5-car garage, and rear covered patio with pond views.

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    Two-Unit Townhome-Style Duplex
    Two-Unit Townhome-Style Duplex

    359 A Suwannee Drive, Watersound, FL 32461

    $547,460
    1,442 sqft

    Duplex residences with covered rear patio, open kitchen-family room, and impact-rated windows; estimated completion Oct/Nov 2026.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Watersound, 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.

    Turn-Key Short-Term Rental Townhome
    Turn-Key Short-Term Rental Townhome

    53 E Pine Lands Loop, Inlet Beach, FL 32461

    $970,000
    1,747 sqft

    Professionally managed 3-bedroom townhome operating as an established short-term rental with a private porch and pool amenities.

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    Seagrove Beach Compound with Pool
    Seagrove Beach Compound with Pool

    335 Eastern Lake Rd, Santa Rosa Beach, FL 32459

    $2,400,000
    0.27 AC lot

    Two homes on one property near the Gulf.

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    Updated Townhome Steps to Beach
    Updated Townhome Steps to Beach

    36 N Myrtle Drive UNIT 103, Santa Rosa Beach, FL 32459

    $515,000
    1,096 sqft 0.01 AC lot

    Updated townhome near the beach, ideal for vacation rental.

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    Luxury Resort Residences Portfolio
    Luxury Resort Residences Portfolio

    10941 E County Hwy 30A #Multiple, Inlet Beach, FL 32461

    $25,500,000

    31 luxury resort condominiums on Florida's Emerald Coast.

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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.

    Bay View Land in Freeport
    Bay View Land in Freeport

    Pitts Bayshore Drive lot: 2 & 3, Freeport, FL 32439

    $239,900
    0.37 AC lot

    Cleared lot with bay views and community bay access.

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    Freeport Land for Single-Family Residence
    Freeport Land for Single-Family Residence

    149 Palmetto Avenue, Freeport, FL 32439

    $99,900
    0.26 AC lot

    Residential lot in Freeport, close to beaches and bay access.

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    Wooded Land Near Choctawhatchee Bay
    Wooded Land Near Choctawhatchee Bay

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

    $225,000
    0.73 AC lot

    Two wooded parcels near Choctawhatchee Bay, no HOA or restrictions.

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    Freeport Land Near Waterfront Park
    Freeport Land Near Waterfront Park

    75 Hankins Road, Freeport, FL 32439

    $200,000
    0.83 AC lot

    Land for sale near Grady Brown Waterfront Park and Boat Launch.

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    Watersound, FL Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Watersound, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,712 square feet of properties for sale, with an estimated market value of $2,188,975.

    Sale prices for multifamily properties in Watersound, FL start at $534,995, averaging $547,243, and reaching up to $566,525 — 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 4
    Short term rental properties 1

    Demographics Overview

    Population 19K
    Population Growth (5Y) +5,124.1%
    Median Household Income $89,225
    College Educated 61.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Rosemary Beach - 32461 $940K

    Listings Trend

    New vs delisted commercial listings in Walton County

    New Delisted

    Total CRE Inventory on Market (SF)

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