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    Niceville, FL Residential Income Properties for Sale

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    Valparaiso, FL Shalimar, FL Destin, FL
    6 listings
    Mixed-Use Land with Duplex
    $700,000
    2.75 Acres
    Mixed-Use Land with Duplex

    311 Kelly Road, Niceville, FL 32578

    Multi-parcel land in Niceville’s CRA district with a duplex needing renovation and room for additional redevelopment concepts.
    • +/- 2.75‑acre multi‑parcel property in the City of Niceville Community Redevelopment Agency (CRA) district
    • Existing duplex on‑site that needs renovation
    • New metal roof included
    • Multi‑Use zoning; existing structure may be suitable for conversion to office or professional space (subject to city approvals)
    • A significant portion of the parcel remains vacant, allowing flexibility for additional mixed‑use concepts or expanded multi‑family (subject to approvals)
    Updated: Jun 6
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    Single-Family Development Land
    $700,000
    1.66 Acres
    Single-Family Development Land

    301 Hart Street, Niceville, FL 32578

    1.66-acre in-city parcel with an existing as-is residence, zoned for single-family development considerations.
    • 1.65‑acre development parcel in the City of Niceville, zoned R1‑B Single Family Residential (up to 8 dwelling units per acre).
    • Includes a 1,467‑SF home sold strictly as‑is, with the residence requiring substantial repairs and renovations.
    • Located near Niceville schools and local amenities including shopping, dining, parks, and boat launches.
    • Convenient to major military installations including Eglin Air Force Base and Hurlburt Field.
    • Zoning supports future development potential subject to buyer verification and City of Niceville approval during due diligence.
    Updated: Jun 2
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    Single-Family Home with Fenced Backyard
    $345,000
    1,664 SF
    Single-Family Home with Fenced Backyard

    Move-in ready newer construction with impact windows and an enclosed, private backyard for everyday outdoor use.

    615 31st Street, Niceville, FL 32578

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    Duplex Redevelopment with New Metal Roof
    $700,000
    2.75 Acres
    Duplex Redevelopment with New Metal Roof

    2.75-acre multi-parcel with an existing duplex needing renovation and a newly installed metal roof.

    311 Kelly Road, Niceville, FL 32578

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    Niceville Multi-Use Redevelopment Opportunity
    $800,000
    1.60 Acres
    Niceville Multi-Use Redevelopment Opportunity

    Three parcels totaling ±1.6 acres in Niceville CRA district.

    309-311 Kelly Road, Niceville, FL 32578

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    Niceville Multi-Use Redevelopment Opportunity
    $400,000
    0.80 Acres
    Niceville Multi-Use Redevelopment Opportunity

    0.80-acre parcel with redevelopment potential in Niceville CRA district.

    311 Kelly Rd, Niceville, FL 32578

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 Active listings in Niceville, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Single-Story Duplex Portfolio
    $586,405
    2,750 SF
    Single-Story Duplex Portfolio

    Fully occupied duplex portfolio with eight units, individual HVAC, and covered patios, offered as a two-parcel package.

    818 Lark Street, Fort Walton Beach, FL 32547

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    Updated Residential Income Home
    $219,900
    1,184 SF
    Updated Residential Income Home

    Freshly updated home with hard-surface flooring, open layout, and an oversized deck in Shalimar.

    91 Catamaran Lane, Shalimar, FL 32579

    View details
    Fort Walton Beach Multifamily Portfolio
    $1,975,000
    Fort Walton Beach Multifamily Portfolio

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

    32 7th Ave, Shalimar, FL 32579

    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

    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 with Existing Double Wide
    $380,000
    0.88 Acres
    Land with Existing Double Wide

    Large lot in Niceville with potential for development.

    215 Davis Drive, Niceville, FL 32578

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    Four Lots in Downtown Niceville
    $86,000
    0.45 Acres
    Four Lots in Downtown Niceville

    Four residential lots for sale near downtown Niceville, Florida.

    4 Lots Cypress Drive, Niceville, FL 32578

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    Valparaiso, FL Land Opportunity
    $99,500
    0.04 Acres
    Valparaiso, FL Land Opportunity

    Land in Valparaiso, Florida with bay views!

    25 Hidden Cove Circle, Valparaiso, FL 32580

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    Niceville Wooded Lot For Sale
    $220,000
    0.43 Acres
    Niceville Wooded Lot For Sale

    Spacious wooded lot in Rocky Bayou Country Club Estates.

    Ruckel Drive, Niceville, FL 32578

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    Off-Market Properties in Niceville, FL

    Consider similar Off-Market properties in Niceville, 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.

    302 Madison St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,096 SF Lot: 1.56 Acres
    Estimated value
    $520,000

    302 Madison St, Niceville, FL 32578-1433

    View details

    Niceville, FL Residential Income Properties Market Trends and Statistics

    Explore 7 residential income properties for sale in Niceville, FL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 1,664 square feet of properties for sale, with an estimated market value of $345,000.

    Sale prices for residential income properties in Niceville, FL start at $345,000, averaging $345,000, and reaching up to $345,000 — 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 4
    Multifamily properties 4
    Single family properties 2

    Demographics Overview

    Population 34K
    Population Growth (5Y) +3.4%
    Median Household Income $105,858
    College Educated 34.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    32578 $488.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $18.63 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

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