- Properties
- About Us
-
Communities
- WATERCOLOR
- ROSEMARY BEACH
- ALYS BEACH
- WATERSOUND BEACH
- WATERSOUND WEST BEACH
- WATERSOUND CAMP CREEK
- WATERSOUND ORIGINS
- KAIYA BEACH
- SEAGROVE BEACH
- BLUE MOUNTAIN BEACH
- GRAYTON BEACH
- SEASIDE FLORIDA
- SEACREST BEACH
- COMING SOON
- SANTA ROSA BEACH
- INLET BEACH
- DUNE ALLEN
- NATUREWALK AT SEAGROVE
- SANDESTIN RESORT
- MIRAMAR BEACH
- Market Report
- Home Value
Property
Beds
4
Full Baths
4
1/2 Baths
None
Year Built
1985
Sq.Footage
2,356
Attention investors! Duplex investment opportunity in the heart of Fort Walton Beach! 8.5% Gross Cap Rate! Step right into a cash flowing investment property, offering an exceptional ROI for investors looking to expand their rental portfolio. The best part, if you are looking for one more duplex, the sister property, 510 Parkview Rd is also for sale next door, if you want to add another 2 units to your rental portfolio! Unit features a comfortable 2-bedroom, 2-bathroom layout, providing ample living space and strong appeal for long-term tenants. Both Units are currently occupied with two long term leases at $1,600/month, renewing Spring of 2027. The functional floor plans offer spacious living areas with beautiful brick, wood burning fireplaces, recently updated kitchens, private bedrooms, and two full bathrooms per unit. Two separate residences under one roof. Conveniently located near local shopping, dining, schools, military installations, entertainment, and the beautiful Emerald Coast beaches, this property puts residents close to everything Fort Walton Beach has to offer. Whether you're an experienced investor or newer, this duplex offers versatility, location, and income-producing returns in a highly desirable Northwest Florida market. New roof was installed in 2025. These rarely come to the market. Don't miss your chance to own a great income producing asset.
Features & Amenities
Interior
-
Other Interior Features
Cathedral Ceiling(s), Pantry
-
Total Bedrooms
4
-
Bathrooms
4
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Natural Gas, Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Concrete, Frame, Brick, Vinyl Siding
-
Other Exterior Features
Private Yard, Rain Gutters
-
Patio and Porch Features
Porch, Patio
-
Pool
No
Area & Lot
-
Lot Features
On Golf Course, Level
-
Property Type
Residential
-
Property Sub Type
Duplex
-
Architectural Style
Duplex
Price
-
Sales Price
$450,000
-
Tax Amount
$3,545.62
-
Zoning
City, Resid Multi-Family
-
Sq. Footage
2,356
-
Price/SqFt
$191
HOA
-
Association
No
School District
-
Elementary School
Edwins
-
Middle School
Pryor
-
High School
Choctawhatchee
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Okaloosa
Elementary School
Edwins
Middle School
Pryor
High School
Choctawhatchee
Listing Courtesy of Ryan J Garofalo, LPT Realty LLC
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Broker Associate
Karen Holder
Call Karen today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.