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

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For Sale

$713,592

9 beds • 6 baths • 3,322 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $214.81
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

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.**
MLS# 976432

Courtesy Of Coldwell Banker Realty

(850) 863-4563

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Porch, Patio
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Tile, Carpet
  • Lot Size
    0.43 Acres
  • Rooms
    Dining Room

Map and Directions

Directions to 816 Lark Street unit: 5, 6, 7, 8 5, 6, 7, 8, Fort Walton Beach, FL 32547

Home seller CENTURY 21 AllPoints Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 AllPoints Realty

(850) 678-5161
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.