Property Details

Listing # 974511 Details

$1,900,000
14 NW Cape Drive
Fort Walton Beach, FL 32548

Property Inquiry

Contact Amber Carpenter about this property!

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Sq Ft. N/A
Built N/A

Property Details

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.

COUNTY Okaloosa
SUBDIVISION N/A
PARCEL ID 09-2S-24-1860-0002-0120
TYPE Commercial Sales
STYLE N/A
ACREAGE 0
LOT ACCESS N/A
LOT SIZE 100X140
HOA INCLUDE N/A
HOA FEE N/A
UTILITIES N/A
PROJECT FACILITIES N/A
ZONING N/A
PARKING FEATURES N/A
APPLIANCES N/A
ENERGY N/A
INTERIOR N/A
EXTERIOR N/A
ROOM DIMENSIONS N/A

Schools

Elementry, N/A
Middle, N/A
High, N/A

Location & Map

From Eglin Parkway, head north and turn left onto Racetrack Road. Continue to Beal Parkway NW and turn right. After about half a mile, turn left onto Cape Drive NW. 14 Cape Dr will be on your left. The drive takes around 5-10 minutes depending on traffic.