About This Home

This 0-bedroom, 0-bathroom commercial at 208 Casper Drive in Fort Walton Beach, FL is listed for $875,000. on a 0.60 acres lot.

Key Features

  • 0.60 acre lot
Listing Description

Opportunity to acquire a well-established mobile home park offering a strong combination of consistent income, long-term tenant stability, and potential for future revenue growth. The property has demonstrated a solid operating history with steady occupancy and an established tenant base.

Current rental rates provide attractive income while also presenting potential opportunity for future rate adjustments as market conditions allow, giving an investor the ability to enhance performance over time. Many of the individual units have benefited from renovations, upgrades, and ongoing improvements during the current ownership.

The property has been professionally maintained and managed, with an emphasis on preventative maintenance, responsible operations, and preservation of the asset. One of the property's greatest strengths is its relatively straightforward operating structure.

With limited common-area requirements and manageable ongoing upkeep, the community offers an appealing expense profile compared with many other residential investment properties. Detailed ownership records have been maintained, including income history, maintenance schedules, unit improvements, and renovation records, providing prospective investors with valuable insight into the property's historical operations and performance.

For an investor seeking long-term residential income, this property offers an attractive combination of established cash flow, proven operating history, manageable expenses, a and potential for additional income growth. Financial information, rent rolls, renovation history, and additional property details are available to qualified prospective purchasers.

Monthly Cost Estimate

$4,680/mo

20% down · 6.5% · 30 years

Principal$633
Interest$3,792
Insurance$255

Estimates only. Actual payments may vary.

Location

208 Casper Drive

Fort Walton Beach, FL 32547

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 208 Casper Drive is listed at $875,000. The estimated monthly payment is $4,679 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.60 acre lot.

This property is listed by Matthew N McGee.

MM

Matthew N McGee

License 3227750

Agent at Livin Right Real Estate

Listed by Livin Right Real Estate · Broker phone: (850) 865-0116 · Broker website

MLS# 1011925· Source: Emerald Coast Association of Realtors· 49 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.

208 Casper Drive, Fort Walton Beach, FL 32547

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