The Scott Gregory Team, a real estate agent with local knowledge in the Fort Walton Beach market as well as Pensacola real estate, has also reported that there is a high demand for single market rental properties here.

According to Mr. Gregory, his team receives several inquiries each week from buyers looking to invest in rental properties here. "Our listings for Fort Walton Beach close really fast and the surge in demand continues to increase every year.

"Although the prices of properties in Fort Walton Beach are expensive, buyers do not see this as a hindrance but rather, as an encouragement that the market is doing well," he added.

Based on RealtyTrac's report, other markets with very high demands for rental property investments and are attracting lots of millennials include Richmond City, VA, Bell County, TX, Jackson County, MI and Okaloosa County, FL where Fort Walton Beach is located.

Experts have said that the strong market in South Florida continues to provide investors with solid returns, reaching an average of 8.4% for rentals with an average increase of 4% per year.

Nancy Blaise recently purchased a 4,400 square foot single family rental apartment in Fort Walton Beach, with 5 bedrooms and 4 baths. The waterfront property is surrounded by oak trees and a sloping lawn. “It took me 2 years to decide on buying property here but I’ve no regrets. I’m currently talking to my agent about putting this property for rent and I’m very excited about the prospects.”

About the Scott Gregory Team

This real estate team is led by Mr. Scott Gregory and they help home sellers and buyers get the best deals in the Florida real estate market, including Fort Walton Beach and Gulf Breeze FL real estate. For more information, please visit http://www.greatpensacola.com

Keller Williams Realty Emerald Coast
8494 Navarre Parkway
Navarre, FL 32566
Office: 850-982-2039
Fax: 877-501-9771