14 NW Cape DR #A-J, Fort Walton Beach, FL 32548
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14 NW Cape DR #A-J, Fort Walton Beach, FL 32548
14 NW Cape DR #A-J, Fort Walton Beach, FL 32548
14 NW Cape DR #A-J, Fort Walton Beach, FL 32548
14 NW Cape DR #A-J, Fort Walton Beach, FL 32548
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14 NW Cape DR #A-J Fort Walton Beach, FL 32548

13,939 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 13,939 sqft

Price per Sqft $77

MLS Listing ID 992065

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 100X140

Source Emerald Coast Association of REALTORS®

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 $9,225, there is also potential for future rent increases in a growing rental market.

Location

State FL

County Okaloosa

Area 12 - Fort Walton Beach

Direction 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.

Exterior

Garage No

Building

Faces 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.

New Construction No

Others

Pets Allowed No

Tax ID 09-2S-24-1860-0002-0120

Special Listing Condition Real Estate Owned


 Emerald Coast MLS - IDX
Listed by Amber M Carpenter Endless Horizons Realty Inc

NEARBY SCHOOLS & PROPERTIES

Aaron Thompson

Aaron Thompson

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+1(423) 413-8387

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14 NW Cape DR #A-J