7% Cap Rate Investment Property FSBO Fort Walton Beach, FL

$700,000
Bedroom Icon 4 Bed
Bathrooms Icon 4 Bath
Sqft Icon 2,350 FT2
Acres Icon 0.1 Acres
Calendar Icon Built in 1900

Property Description

Quadplex Investment Property for Sale by Owner in Fort Walton Beach, FL – FSBO | 7%+ Cap Rate, Fully Leased & Two Brick Buildings Excellent investment opportunity with this multifamily quadplex for sale by owner in Fort Walton Beach, FL.
This property consists of two brick buildings with a total of four units, each offering 2 bedrooms and 1 bathroom.
All units are currently leased, generating nearly $65,000 in gross annual income, with a cap rate just above 7% above current market averages, making this a strong income producing asset.
Conveniently located near schools, shopping, and everyday amenities, this property is ideal for investors seeking steady cash flow and long term value.
Serious inquiries only.
Additional details available with proof of funds or lender pre-approval.

Details & Amenities


  • Heating:

  • Cooling:

  • Auxiliary SQ FT: 100

Listing History

Date Event Price
04/14/2026 Listing Price $700,000

Property Location

724 Greenwood St, Fort Walton Beach, FL 32547, USA, City - Okaloosa County