Company Logo
SIGN UP LOGIN

36 Total Photos [Click to View All]

816 Lark Street, Unit 5, 6, 7, 8
Fort Walton Beach, FL 32547

$713,592 - Status: Active
Bed Icon Beds: 9
Bath Icon Baths: 6 full
Sq Feet Icon SQFT (H&C): 3,322
MLS Icon MLS# 976432

Exceptional Investment Opportunity - Fully-Occupied Multi-Family Properties!This is your chance to secure a rare, income-producing property with incredible potential. Located in the county of Ft Walton Beach, Fl, this investment offers valuable tax advantages and added flexibility for future development or management.Comprised of two parcels (816 and 818 Lark St (see MLS#976434)), a total of four single-story duplexes & 8 individual units. Seven units are 2 bed, 1bath apartments with a combined kitchen & living area, covered back patios & washer/dryer hookups. All units have individual central heat & air. The property has a concrete driveway w/individual parking pads, enhanced by streetlamp lighting for added safety. Seller only interested in selling both parcels together($1.299,000). One premium unit includes 3 bedrooms, 3 bathrooms, a garage, and a large-screened porch. Additionally, there is an onsite storage/utility shed. 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. **Seller will consider owner financing with the following terms: $500,000 down. Payment would be based on a 30-year amortization with a balloon payment in 3 years. Potential income of $9115.00 per month. Proof of payment for taxes and insurance would need to be provided yearly.**

Property Features

MLS#: 976432
Zip: 32547
Subdivision: Forest Heights
Development: 12 - Fort Walton Beach
Property Type: Multi Unit - Townhouse
Cooling: Central Air
Days on Site: 361
Garage: 1 car attached
Home Style: Duplex
Lot Size: 0.43 acres
Stories: 1.0
Taxes: $4,008
Year Built: 1982
SQFT (H&C): 3,322

Feature Descriptions

Appliances: Refrigerator, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
Exterior: Brick, Trim Wood
Exterior: Yard Building
Financing Terms: Conventional, FHA
Flooring: Floor Tile, Floor WW Carpet
Lot Description: Interior, Level
Parcel Number: 26-1S-24-0950-0003-0040
Parking: See Remarks
Patio/Porch: Patio Covered, Porch Open
Property Condition: Construction Complete
Road Frontage: County Road
Road Surface: Paved
Rooms Total: 11
Sewer: Public Sewer
Sub Type: Attached Single Unit
Utilities: Electric, Public Water

Room Sizes

Dining Room: 12 X 10 Level - First
Living Room: 14 X 13 Level - First
Bedroom: 12 X 9 Level - First
Bedroom: 12 X 9 Level - First
Bedroom: 12 X 9 Level - First
Bedroom: 12 X 9 Level - First
Bedroom: 12 X 9 Level - First
Bedroom: 12 X 9 Level - First
Bedroom: 12 X 9 Level - First
Bedroom: 12 X 9 Level - First
Bedroom: 12 X 9 Level - First

Local Schools

High School: Choctawhatchee
Middle School: Pryor
Elementary School: Kenwood

816 Lark Street, Unit 5, 6, 7, 8 | MLS# 976432

This multi-family property located at 816 Lark Street, Unit 5, 6, 7, 8, Fort Walton Beach, FL 32547 is currently listed for sale with an asking price of $713,592. Search Fort Walton Beach real estate on www.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty

Shown By

Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351

IDX logo

Ask a Question

Ask a Question
  1. Select an Agent

Login to My Homefinder

Pixel