Best Area for LTR near Florida Panhandle?

Question

Just like the title says!

1. Within 2 hour drive of Destin

2. 1%er SFH are plentiful

3. Small multi-family is also available (2-25 units)

Where should I look and can you recommend an investor-friendly agent??

Thanks!

Jennifer Wilson · Answer

@Luke Carl If you are still looking for long term rentals in the Florida Panhandle, I hope I can be of assistance!  My husband and I have both single family and multi-family properties here in the panhandle and all of them are long term rentals.  I am an agent from Destin so my expertise is anywhere between Navarre and Miramar Beach, and up North to Crestview.  Due to our proximity to military bases, we have found this area to be a great place for long term rentals.

Since you are looking to get a 1% return, I think your best bet is to look for a home that may need updating and is located in FWB, Crestview, or possibly Navarre.  Those are generally the locations where you can get better bang for your buck.  I do believe there is a lot of untapped potential in Defuniak Springs as well, which is located on I-10 and about a 45 minute drive to the East side of Destin/Miramar Beach.  It is a smaller town so not a whole lot of inventory, but it may be worth looking into in order to get an even better deal!  I hope this helps!