About This Home

This 0-bedroom, 0-bathroom commercial at 14 NW Cape Drive #A-J in Fort Walton Beach, FL is listed for $995,000. on a 0.32 acres lot.

Key Features

  • 0.32 acre lot

Property Details

#A-J
Listing 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 projected income of $9385, there is also potential for future rent increases in a growing rental market.

Monthly Cost Estimate

$5,321/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290

Estimates only. Actual payments may vary.

Location

14 NW Cape Drive #A-J

Fort Walton Beach, FL 32548

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 14 NW Cape Drive is listed at $995,000. The estimated monthly payment is $5,321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.32 acre lot.

This property is listed by Amber M Carpenter.

AC

Amber M Carpenter

License 3412747

Agent at Endless Horizons Realty, Inc

Listed by Endless Horizons Realty, Inc · Broker phone: (850) 585-1257 · Broker website

MLS# 1012634· Source: Emerald Coast Association of Realtors· 33 days on PropertySimple

Copyright © 2026 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.

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

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