• 14 NW Cape Drive, Unit A-J, Fort Walton Beach, FL 32548 Main Photo

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

$1,200,000

8 Total Photos [Click to View All]

Listing Details

  • $1,200,000
  • MLS# 992065
  • Type Commercial - Business
  • Status Active
  • 0.320 acres
    Lot Size

Listed By

Agency Name: Endless Horizons Realty Inc

Shown By

Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050

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Home Value Estimate


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 $9,275, there is also potential for future rent increases in a growing rental market.

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