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About This Home

This 0-bedroom, 0-bathroom condo at 14 NW Cape Drive in Fort Walton Beach, FL is listed for $1,100,000. on a 0.32 acres lot.

Agent 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.

Key Features

  • 0.32 acre lot

Property Details

#A-J

Monthly Cost Estimate

$5,883/mo

20% down · 6.5% · 30 years

Principal$796
Interest$4,767
Insurance$321

Estimates only. Actual payments may vary.

Location

14 NW Cape Drive

Fort Walton Beach, FL 32548

Questions & Answers

This 0-bedroom, 0-bathroom condo at 14 NW Cape Drive is listed at $1,100,000. The estimated monthly payment is $4,767 based on 20% down at 6.5% interest.

Key features include: 0.32 acre lot.

This property is listed by Amber M Carpenter and can be reached at 8503150111 or carp6742@gmail.com.

AC

Amber M Carpenter

Agent at Endless Horizons Realty Inc

(850) 315-0111

Listed by Endless Horizons Realty Inc

MLS# 992065· Source: listhub· Updated 149 days ago

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, Fort Walton Beach, FL 32548

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