Residential Income

Fort Walton Beach, FL Residential Income Properties for Sale

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Under-Construction Duplex with Modern Finishes
Updated: Jul 6
Under-Construction Duplex with Modern Finishes

89 Eccles Road, Fort Walton Beach, FL 32547

$725,000
3,148 sqft
3,148‑square‑foot duplex with two 1,574‑square‑foot units
Each unit includes 3 bedrooms, 3.5 bathrooms, and a one‑car garage
Luxury vinyl plank flooring, quartz countertops, and stainless steel appliances
Private fenced backyard and irrigation system for each unit
Three separate power meters for the units, security lighting, and well pump
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Two-Unit Duplex with Fireplaces
Updated: Sep 2
Two-Unit Duplex with Fireplaces

512 NW Parkview Road, Fort Walton Beach, FL 32547

$450,000
2,356 sqft
2,356 SF duplex with two separate residences
Each unit offers 2 bedrooms and 2 full bathrooms
Both units occupied with leases renewing in Spring 2027
8.5% gross cap rate
New roof installed in 2025
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Duplex with Updated Kitchens
Duplex with Updated Kitchens

510 NW Parkview Road, Fort Walton Beach, FL 32547

$450,000
2,356 sqft

Two occupied residences offer 2-bedroom layouts, fireplaces, fenced outdoor space, and central HVAC within a multifamily-zoned property.

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See what stands out in Okaloosa County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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NOI available after sign in
Local Demand available after sign in
Two-Unit Duplex Property with Fireplaces
Two-Unit Duplex Property with Fireplaces

510 Nw Parkview Rd Unit A & B, Fort Walton Beach, FL 32547

$450,000
2,356 sqft

Occupied duplex with updated kitchens, private bedrooms, and two full bathrooms in each residence.

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New Construction Duplex
New Construction Duplex

507 Scott Lane, Fort Walton Beach, FL 32547

$650,000
3,192 sqft

Two three-bedroom units include garages, covered porches, and quartz-countertop kitchens.

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13-Unit Apartment Community
13-Unit Apartment Community

210 NW Dates Avenue, Fort Walton Beach, FL 32548

$1,400,000
1.26 AC lot

All units feature a two-bedroom, one-bath layout with recent building and interior improvements.

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Four-Residence Multifamily Property
Four-Residence Multifamily Property

322 Green Acres Road, Fort Walton Beach, FL 32547

$590,000
0.68 AC lot

Four separately rented residences with varied housing types, parking, laundry hookups, and a fenced workshop on a commercial-compatible site.

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Updated Duplex with New Roof
Updated Duplex with New Roof

512 Nw Parkview Rd Unit A & B, Fort Walton Beach, FL 32547

$450,000
2,356 sqft

Two occupied residences offer updated kitchens, fireplaces, private bedrooms, and two full bathrooms per unit.

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Brick Quadplex Requiring Renovation
Brick Quadplex Requiring Renovation

125 Beal Parkway, Fort Walton Beach, FL 32548

$397,000
2,550 sqft 0.16 AC lot

Four individual residences offer bonus rooms, a fenced rear yard, and flexible commercial and residential zoning.

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Urban Development Area Commercial Land
Urban Development Area Commercial Land

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

$950,000
1.02 AC lot

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

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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.

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Buildable Residential Lot
Buildable Residential Lot

2 Sarah Lane, Fort Walton Beach, FL 32547

$110,000
0.20 AC lot

Buildable lot in a Mobile Home zoning area with public water and sewer utilities already on site.

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Land, Fort Walton Beach, FL
Land, Fort Walton Beach, FL

302A Sudduth Circle, Fort Walton Beach, FL 32548

$539,900
0.42 AC lot

Waterfront Land · 0.42 Acres

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New Multifamily Investment Opportunity
New Multifamily Investment Opportunity

960 NW Denton Boulevard, Fort Walton Beach, FL 32547

$2,510,000
1,055 sqft

Ten newly constructed, tenant-occupied apartments in Fort Walton Beach, Florida.

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Residential Rebuild Lot
Residential Rebuild Lot

1216 Thomason Drive, Fort Walton Beach, FL 32547

$70,000
0.18 AC lot

Residential lot at 1216 Thomason Drive with a burned house and brick exterior reportedly in decent condition.

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Gulf-Front 69-Unit Apartment Property
Gulf-Front 69-Unit Apartment Property

480 Santa Rosa Boulevard, Fort Walton Beach, FL 32548

$35,000,000
1.57 AC lot

Two-building multifamily property with direct beach access and a tenant base weighted toward long-term rentals.

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UDAB Commercial Development Land
UDAB Commercial Development Land

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

$950,000

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

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10-Unit Apartment Building
10-Unit Apartment Building

14 NW Cape Drive A-j, Fort Walton Beach, FL 32548

$1,050,000

Consistent one-bedroom, one-bathroom layouts across all units support straightforward multifamily operations.

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Duplex with Wood-Burning Fireplaces
Duplex with Wood-Burning Fireplaces

510 NW Parkview Rd #A & B, Fort Walton Beach, FL 32547

$450,000
2,356 sqft

Occupied two-bedroom residences feature updated kitchens, private bedrooms, and separate wood-burning fireplaces.

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Duplex with Updated Kitchens
Duplex with Updated Kitchens

512 NW Parkview Rd #A & B, Fort Walton Beach, FL 32547

$450,000
2,356 sqft

Two separate residences offer fireplaces, private bedrooms, and full bathrooms in each unit.

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Sound-Side Townhome with Boat Slip
Sound-Side Townhome with Boat Slip

340 Bluefish Dr UNIT 109, Fort Walton Beach, FL 32548

$885,000

Townhome with boat slip, waterway views, and rental potential.

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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.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Fort Walton Beach, FL, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Fort Walton Beach, FL

Consider similar Off-Market properties in Fort Walton Beach, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

157 Monahan Dr
APARTMENT HOUSE (UNDER 5 UNITS)

157 Monahan Dr, Fort Walton Beach, FL 32547-3762

Estimated value:
$410,000
3,205 sqft 0.38 AC lot
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80 Miracle Strip SE Pkwy, Unit 202
BOARDING/ROOMING HOUSE

80 Miracle Strip SE Pkwy, Fort Walton Beach, FL 32548-2857

Unit 202
Estimated value:
$345,000
705 sqft 3.92 AC lot
View details

Fort Walton Beach, FL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Fort Walton Beach, FL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 26,897 square feet of properties for sale, with an estimated market value of $50,646,900.

Sale prices for residential income properties in Fort Walton Beach, FL start at $70,000, averaging $2,302,131, and reaching up to $35,000,000 — 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

Multifamily properties 21
Duplexes 10
Apartment buildings 6
Single family properties 2
Quadplexes 1

Demographics Overview

Population 59K
Population Growth (5Y) +7.7%
Median Household Income $66,255
College Educated 25.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
32548 $879.5K
32547 $904.3K

Taxes & Financing

Tax Rate (average for all types) 1.28%
Property Tax per SF $17.48 per SF
Tax Rate vs County Average 0.03 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

Property Size Breakdown

The majority of commercial real estate listings in Fort Walton Beach fall within the 50,000 to 100,000 square foot range.

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