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$ 1,500,000
Est. payment /mo
New
700 N Palm Boulevard Niceville, FL 32578
1.03 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 990404
Year Built 1985
Lot Size 1.030 Acres
Acres 1.03
Property Sub-Type Multi-Family
Property Description
Discover the potential of this well-maintained 8-unit apartment complex, perfectly positioned for steady rental income and future growth. The property consists of two buildings connected by a breezeway, offering a cohesive layout and convenient access for residents.Each of the eight units features 2 bedrooms, 1 full bath, a comfortable living room, a dedicated dining area, and a functional kitchen equipped with an electric oven, pantry, and refrigerator. Four units are currently tenant-occupied with varying lease terms, providing immediate income while leaving room for strategic updates or new tenants as desired.Sitting on a generously sized lot, this property offers rare development flexibility. There is ample space to expand up to 15 total units, allowing the addition of another ap
Location
State FL
County Okaloosa
Area 13 - Niceville
Listed by KELLER WILLIAMS REALTY GULF COAST