Founded in 2016 by Allen Peterson, Envest Realty started as FWB Florida Properties LLC. Mr. Peterson, an Air Force veteran, moved to Destin in December of 2015 and became a resident of Kelly Plantation. His goal of creating rental housing that preserves the dignity of the region’s military and civilian support community came from Mr. Peterson’s research into local rental properties available to our residents after he moved to Destin. He found that more of our region’s affordable properties were in disrepair and out of date, practically slumlord-level housing, than quality, well-maintained properties. After finding out that this was the reality of affordable housing in Fort Walton Beach and Niceville, he created a transformative change strategy, which is evidenced by the redevelopment of 42 quality affordable housing rental units.
In 2016, our Mr. Peterson’s investment companies (FWB Florida Fund I DE LLC, FWB Florida Fund II LLC, and NV Florida Fund I LLC) began acquiring rental properties. They had spent the last three years renovating over 80% of his units. Since his investment focus is affordable housing, and because of the quality of his homes and apartments, the occupancy rate is 100%, while our rents range from $900 per month to $1,500 per month.
Right now, we manage single-family and multi-family residential units across Fort Walton Beach and Niceville neighborhood areas that serve our military community. Our experience managing and maintaining Mr. Peterson’s investment companies’ properties puts us in a unique position to know what it’s like to protect long term rental investments. We charge our customers a competitive fee for our property management services, which is determined by what we do as your property manager. You will always know what you’re going to pay upfront.
In 2020 the company adopted Envest Realty as our doing business as name and became a Florida Real Estate Company. In February 2020, the company hired James Chambers, a licensed Broker, who assumed the position of Managing Broker, to begin our transition to expand our services.
The company continues to focus on our local community and is creating viable living environments to ensure safe and comfortable homes for its tenants.