This 10-unit multifamily property offers a strong income stream

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Condo For Sale

14 NW Cape Drive unit: A-J

Fort Walton Beach, Florida 32548

Okaloosa County

Community: 

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$1,290,000 0 br, 0.0 bath 0 sq. ft. 0.320 acres

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.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 0
  • Year Built: 0
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.320 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: 992065
  • Unit Number: A-J
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Contact Information:
Beach Condo For Sale in Fort Walton Beach, Florida
Listing Agent: Amber M Carpenter, Endless Horizons Realty, Inc, 850-315-0111, 850-315-0111 Listing Site, Listing Status: Active
Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7070882
Viewed 27 times.
Updated: Jan 28, 2026

This property is a Condo located at 14 NW Cape Drive unit: A-J, Fort Walton Beach, Florida 32548, and is currently For Sale at $1,290,000. This Condo has 0 bedrooms, 0.0 baths, 0 sq ft.