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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Shalimar, FL
Listed for sale 6 days ago
$ 195,000
ROI
23.2
Cash Flow/m
188- 2 Bed
- 1 Bath
- 868 sft
101 Old Ferry Rd Unit 37D, Shalimar, FL, 32579
$ 249,700
ROI
25.3Cash Flow/m
383- 2 Bed
- 2 Bath
- 1029 sft
101 Old Ferry Rd Unit 32D, Shalimar, FL, 32579
Motivated Seller
$ 176,500
ROI
24.2Cash Flow/m
219- 2 Bed
- 1 Bath
- 868 sft
101 Old Ferry Rd Unit 10B, Shalimar, FL, 32579
$ 184,900
ROI
23.3Cash Flow/m
180- 2 Bed
- 1 Bath
- 868 sft
101 Old Ferry Rd Unit 37B, Shalimar, FL, 32579
Why Invest in Shalimar, Florida?
Investing in Shalimar, Florida, provides opportunities for those interested in condominiums. The area boasts attractive metrics, including a cap rate of 8% and an average rental yield of 6%. With a growing population and a strong military presence, the local economy is stable, making it an ideal location for investment. Furthermore, the appreciation rate of 4% has attracted many investors looking for long-term growth.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in Shalimar condos provides stable rental income opportunities due to the area's low vacancy rates and high demand. The property values are appreciating steadily, making it a profitable long-term investment.
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