14 NW Cape Drive #A-J Active Save Request In-Person Tour Request Virtual Tour
Fort Walton Beach,FL 32548
Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,107 sqft
Price per Sqft $462
MLS Listing ID 974511
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Multi-Family
Property Description
This 10-unit multifamily property offers a strong income stream in one of Fort Walton Beach's most convenient locations. Each unit features a 1-bedroom, 1-bathroom layout, ideal for long-term tenants or short-term conversion.Located just minutes from major employers, shopping centers, and the beautiful Gulf Coast beaches, this property maintains high occupancy and consistent cash flow.The property is professionally managed and offers low overhead, making it perfect for both hands-off investors or owner-operators. With a current monthly income of $8,975, there is also potential for future rent increases in a growing rental market.
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach