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

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For Sale

$586,405

8 beds • 4 baths • 2,750 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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

  • $213.24
    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, 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.**
MLS# 976434

Courtesy Of Coldwell Banker Realty

(850) 863-4563

Property Features

  • Age
    41-50 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Lot Size
    0.47 Acres
  • Rooms
    Dining Room

Map and Directions

Directions to 818 Lark Street unit: 1, 2, 3, 4 1, 2, 3, 4, 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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† 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.