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818 Lark Street, Unit 1, 2, 3, 4
Fort Walton Beach, FL 32547

$586,405 - Status: Active
Bed Icon Beds: 8
Bath Icon Baths: 4 full
Sq Feet Icon SQFT (H&C): 2,750
MLS Icon MLS# 976434

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, this investment offers valuable tax advantages and added flexibility for future development or management.Comprised of 2 parcels (818 and 816 Lark Street - see MLS#976432) with a total of four single-story duplexes and 8 individual units. Seven units are two-bedroom, one-bath apartments w/ a combined kitchen and living area, covered back patios & washer/dryer hookups. All units have individual central heat & air. The property has a concrete driveway with 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. 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. One premium unit includes 3 bedrooms, 3 bathrooms, a garage, and a large-screened porch. Additionally, there is an onsite storage/utility shed. **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#: 976434
Zip: 32547
Subdivision: Forest Heights
Development: 12 - Fort Walton Beach
Property Type: Multi Unit - Townhouse
Cooling: Wall/Window Unit(s), Central Air
Days on Site: 361
Garage: 1
Heating: Central
Home Style: Duplex
Lot Size: 0.47 acres
Stories: 1.0
Taxes: $3,223
Year Built: 1982
SQFT (H&C): 2,750

Feature Descriptions

Appliances: Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Gas, Water Heater - Elect
Exterior: Brick
Foundation: Slab
Interior: Washer/Dryer Hookup
Parcel Number: 26-1S-24-0950-0003-0050
Parking: See Remarks
Property Condition: Construction Complete
Road Frontage: County Road
Road Surface: Paved
Rooms Total: 10
Sewer: Public Sewer
Sub Type: Attached Single Unit
Utilities: Electric, Public Water
Window: Window Treatmnt Some

Room Sizes

Bedroom: 10 X 10 Level - First
Bedroom: 10 X 10 Level - First
Dining Room: 11 X 10 Level - First
Full Bathroom: 7 X 5 Level - First
Living Room: 14 X 13 Level - First
Bedroom: 10 X 10 Level - First
Bedroom: 10 X 10 Level - First
Bedroom: 10 X 10 Level - First
Bedroom: 10 X 10 Level - First
Bedroom: 10 X 10 Level - First

Local Schools

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

818 Lark Street, Unit 1, 2, 3, 4 | MLS# 976434

This multi-family property located at 818 Lark Street, Unit 1, 2, 3, 4, Fort Walton Beach, FL 32547 is currently listed for sale with an asking price of $586,405. 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

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