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Listed by Tamela Hayes • Coldwell Banker Realty
$ 738,592
Est. payment | /mo
3,322 SqFt
$ 738,592
Est. payment | /mo
3,322 SqFt
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,322 sqft
Price per Sqft $222
Subdivision Forest Heights
MLS Listing ID 666663
HOA Y/N No
Year Built 1982
Property Sub-Type Apartment
Source Pensacola MLS
Property Description
Exceptional Investment Opportunity - Fully-Occupied Multi-Family Properties! This is your chance to secure a rare, income-producing property with incredible potential. Located in an unincorporated tax district of Fort Walton Beach, Florida, this investment offers valuable tax advantages and added flexibility for future development or management. Comprised of two parcels (816 and 818 Lark St with a total of four single-story duplexes and 8 individual units. Seven units are two-bedroom, one-bath apartments with a combined kitchen and living area, covered back patios, and washer/dryer hookups. Private parking is available for each unit, enhanced by streetlamp lighting for added safety. Seller only interested in selling both parcels together. One premium unit includes 3 bedrooms, 3 bathrooms, a garage, and a large-screened porch. Additionally, there is an onsite storage/utility shed. This property is fully-occupied ensuring immediate cash flow. Conveniently located just 2 minutes from Eglin AFB and 5 minutes to Hurlburt Field, with top shopping and dining just minutes away. With its multi-family zoning, unincorporated tax district location, and turnkey condition, this property is a true standout. Don't miss out! call today for more details.
Location
State FL
County Okaloosa
Interior
Heating Central
Exterior
View Y/N No
Roof Type Composition
Building
Lot Description Central Access
Faces From Mary Esther Blvd, Turn left onto N Beal Pkwy, Turn left onto Forest Heights Rd., Turn left onto Lark St. Go for 154 ft to 818 Lark St
New Construction No
Others
Tax ID 261S24095000030040
Schools and Properties Nearby