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Introducing an exceptional investment opportunity in the heart of Shalimar! This 12-unit multifamily property delivers a solid NOI of $81K, with a 4% rent increase already secured for 2025. All units are fully leased with no vacancies, ensuring steady income from day one. The seller is offering a stellar financing. Call for details. Subject to credit approval and additional terms.The property features three duplex buildings, each with 2-bedroom, 1-bath units at 812 sqft, complete with carports Current rents range from $900 to $1,300 per month. The fourth building offers six townhouse-style units, each 1,212 sqft with 2 bedrooms and 1.5 baths, renting between $950 and $1,100 monthly  presenting a clear opportunity for rental increases and a significant boost to your bottom line.

Located centrally in Shalimar, this property offers unbeatable convenience: just minutes from shopping, dining, and entertainment. Eglin AFB is only 3 miles away, hospitals are within 4 miles, Hurlburt Field is 11 miles, and the stunning Okaloosa Island Boardwalk, with its white sandy beaches and emerald-green waters, is just a short drive.

Call today for more information and to schedule a showing!
#969018

Shalimar

40 4Th Avenue

None Beds

None Baths

N/A

$1,600,000

MLS#: 969018

5 acres located in the heart of Destin on Airport Road adjacent to the Airport. This redevelopment opportunity has the current zoning of ROI-GD within the City of Destin. Allowable uses include single family residence or multifamily with density of 12/units per acre, additional uses include business and professional office and institutional. Currently a 10,514 SF concrete block building exists on-site and is currently being leased as a fitness club.
#481966

Destin

995 Airport Road

None Beds

None Baths

N/A

$1,600,000

MLS#: 481966

Peaceful green views and a grand entrance characterize this 3,166-sq.-ft. home on one of the largest lots in sought-after Highland Parks. Built in 2018, this four-bed, four-and-a-half-bath retreat in Blue Mountain Beach was constructed by Coastal Custom Home Building and looks and lives brand new with limited occupancy since construction ended. Spread over two floors, this home has been very well cared for. Guests are greeted by a traditional front porch, which sets the tone for the crisp, pristine interiors.
#894549

Santa Rosa Beach

71 Gulfview Way

4 Beds

4 Baths

3,166 Sq.Ft.

$1,600,000

MLS#: 894549

Perfect Dr's Office
#740813

Niceville

4554 E Highway 20

None Beds

None Baths

N/A

$1,600,000

MLS#: 740813

Homesite North of 30A located close to the upcoming new amenity and Phase of development in Alys Beach.
#899268

Alys Beach

DD3 Evelyn Alley

None Beds

None Baths

0.12 acres

$1,600,000

MLS#: 899268

Magnolia Ranch is a 645 acre Florida Licensed Hunting Preserve, one of only 180 licensed Hunting Preserves in the State of Florida. The lodge & managers home total 4800 S.F. with a total of 7 bedrooms & 5 baths. The ranch is stocked with Axis Deer, Black Buck Antelope and Whitetail Deer bred from select 200 count Boone & Crockett bloodlines. The owners of Magnolia Ranch have taken great time, effort, and planning to build one of Northwest Florida's premier private game preserves. Access to all parts of the ranch is made available by over 8 miles of clay roads suitable for travel by two wheel drive vehicles. The ranch has over 5 miles of high game fencing which includes 7 outside gates. The game fencing alone cost over $200,000.00. Shown by appointment
#757343

DeFuniak Springs

1316 Brown Road

3 Beds

2 Baths

4,800 Sq.Ft.

$1,600,000

MLS#: 757343

This exquisite 30A beach home with canopy oaks and longleaf pines is located in the peaceful Forest Lakes neighborhood, backing up to state preserve. A quintessential coastal custom cottage exuding curated finishes including: hardwood floors, imported tile, and hand picked stone and fixtures throughout. The kitchen features a chef's kitchen with gas stove and stainless steel top of the line appliances. Enjoy breezes from the first and second floor covered and screened porches. Notable highlights feature a quartz oversized island with seating, custom chef's kitchen, large windows perfecting the natural light , outdoor grill area showcasing the state forest views.
#957228

Santa Rosa Beach

77 N Nickajack

4 Beds

4 Baths

2,798 Sq.Ft.

$1,600,000

MLS#: 957228

Highly sought after Romair Magnolia Plan in Phase 4 of Watercolor. The exterior of the home features beautiful porches with a screened side porch opening to the dining area, also a beautiful front porch running the entire length of the home.There are '5 parking spaces' plus a 'CARPORT with 2 spaces'. The centerpiece of the home is the living/dining/entertainment area which has tremendous volume with 12 foot ceilings. The kitchen mixes well with this area and includes icemaker, wine cooler, and free standing island. The master suite and an an office are located on the first floor. Moving to the second floor, there is 2 additional bedrooms with their own bathroom, plus a 4 bed bunk and half bath. There is also a loft/entertainment area which can also accommodate a set of bunk beds.
#865145

Santa Rosa Beach

101 Wisteria Way

3 Beds

3 Baths

2,635 Sq.Ft.

$1,600,000

MLS#: 865145

5 acres located in the heart of Destin on Airport Road adjacent to the Airport. This redevelopment opportunity has the current zoning of ROI-GD within the City of Destin. Allowable uses include business and professional office, single family residences, multifamily attached and institutional uses. Currently on-site exists a 10,514 SF concrete block building which is currently being leased as a fitness club.
#573594

Destin

995 Airport Road

None Beds

None Baths

N/A

$1,600,000

MLS#: 573594

Unlock the door to a lucrative investment opportunity with this meticulously remodeled 5-bedroom, 4-bathroom home nestled in the sought-after Seagrove Beach community of 30A. Boasting multiple porches for outdoor enjoyment, a stunningly remodeled interior, and a revitalized pool deck, this property is not only a coastal dream but also a savvy investor's delight with bookings extending through June. This home's prime location is just steps away from several beach accesses, providing easy and convenient strolls to the pristine sands and emerald waters of Seagrove Beach. Additionally, it's surrounded by some of the area's most-loved restaurants, offering a delectable culinary experience for residents and vacationers al
#941740

Santa Rosa Beach

127 Sugar Sand Lane

5 Beds

4 Baths

2,197 Sq.Ft.

$1,599,999

MLS#: 941740

REDUCED $100,000 - Luxury Seagrove Home - just 2 blocks from the BEACH and 3 blocks east of Seaside and NO HOA Fees. Home was completely remodeled in 2006 with exquisite quality & design finishes - including Huge Master Bath with Carrara Marble, large jetted shower and cast iron tub. Home has remarkable charm including a 4th story viewing deck with amazing views of the Gulf and Seaside. New Pool and Large Outdoor courtyard. Hardwood floors refurbished from houses in New Orleans after Katrina - Front Doors from historic New Orleans Bank with Heritage Glass - all interior doors are solid core pine. 2 Car Garage with automatic mahogany doors. Subzero Fridge, Wolf Range, 2 Bosch Dishwashers & Wine Refrigerator. Fabulous furniture with French Antiques.
#740608

Santa Rosa Beach

145 Hickory Street

5 Beds

4 Baths

3,772 Sq.Ft.

$1,599,999

MLS#: 740608

***EXCELLENT INVESTMENT OPPORTUNITY in highly coveted Seacrest Beach on desirable 30A*** Incredible attention to detail, including smart home features and ELEVATOR to get groceries and luggage to the upper levels. Spacious rooms for large groups and excellent rental potential. Rental projections of 175k gross per annum. Incredible opportunity to purchase turn key, virtually brand new home, with 110k+ pre-booked rentals for 2020!!! NO OFFERS ACCEPTED WITHOUT PROOF OF FUNDS OR PREQUAL.
#837201

Inlet Beach

73 Beach Bike Way

5 Beds

4 Baths

4,123 Sq.Ft.

$1,599,999

MLS#: 837201

This luxurious professionally decorated beach home situated in the gated community of Palmeria Villas in Seagrove Beach is just a short stroll across 30a to the sugary white South Walton beaches. As you walk in the home your eyes are instantly drawn to elegant finishes throughout the main level, from the beautiful hardwood floors, coffered ceilings and perfectly crafted kitchen. The second floor offers three bedrooms, one has its own massive balcony space to sit back and enjoy the afternoons. The master suite can be found on its own dedicated third floor, it's features include his and her closets, a separate soaking tub, glass shower and private balcony perfect for relaxation. The back yard space is lined with pavers for easy maintenance and is ideal for a BBQ and lounging the day away.
#885011

Santa Rosa Beach

122 Palmeira Way

4 Beds

4 Baths

2,703 Sq.Ft.

$1,599,999

MLS#: 885011

Price Improvement on this one-of-a kind beach home just a short 5 minute walk to the Gulf.  Incredible Inlet Beach Home South of 98. Located South of 98 in Inlet Beach within a short walk to Inlet Beach Access & Rosemary Beach makes this Investment property ideal for visitors. This getaway retreat is the perfect beach house or Investment property with proven cash flow and ROI. This 4 bedroom with a bunkroom loft on the 3rd floor has been meticulously maintained. The home sleeps 12-14 comfortably. This spacious 4 bedroom 3 bath has been updated and is turn key ready for you.
#911258

Inlet Beach

45 Eagles Landing

4 Beds

3 Baths

2,096 Sq.Ft.

$1,599,999

MLS#: 911258

STUNNING WATER VIEWS! Discover coastal luxury in this custom home located in Navarre Beach's exclusive By the Sea gated community. Just steps from the Santa Rosa Sound, this property offers resort-style living with access to a sparkling community pool and hot tub. Inside, an open floor plan is filled with natural light from wrap-around windows and 10' ceilings, creating a welcoming and elegant atmosphere. The living area features sophisticated furnishings and a cozy fireplace, while the modern kitchen boasts granite countertops, stainless steel appliances, and ample space for cooking and entertaining. The first floor includes a queen bedroom, a bunk room, and a convenient half-bath, while the second floor features a luxurious primary king suite with a spa-inspired en-suite bath, soaking tub, walk-in shower, and private deck with breathtaking water views. Additional upstairs bedrooms include another king room with deck access overlooking the Sound, a bunk room, and a shared full bath. Outside, a private oasis awaits with a fully equipped outdoor kitchen with concreate countertops, fire pit, gas grill, flat-top griddle, refrigerator, seating areas for enjoying stunning sunsets, and a private gate leading to the Soundside beach, complete with an outdoor shower for easy cleanup after a day in the sand. This home is just a short drive to local attractions, including the pier, beaches, and scenic paths to the National Seashore Park, making it an ideal choice for a full-time residence, vacation retreat, or investment property. Whether you're looking for a permanent residence, a vacation getaway, or an investment property, this home offers the ultimate combination of comfort, style, and location. Don't miss your opportunity to own this turn-key coastal gem.
#965638

Navarre

1474 Seaside Circle Circle

5 Beds

2 Baths

2,236 Sq.Ft.

$1,599,999

MLS#: 965638

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