UPDATED:
Key Details
Property Type Other Types
Sub Type Quadplex - All Unites
Listing Status Active
Purchase Type For Sale
Square Footage 3,180 sqft
Price per Sqft $220
Subdivision Field S/D
MLS Listing ID 1012523
Style Fourplex
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1980
Annual Tax Amount $4,574
Tax Year 2025
Property Sub-Type Quadplex - All Unites
Source Emerald Coast Association of REALTORS®
Land Area 3180
Property Description
This property has been well maintained and updated over the years. The roof was replaced in 2017, all four water heaters were replaced in 2022, and the AC systems have been updated between 2018 and 2021, so buyers can expect minimal near-term capital expense. Separate utility meters mean tenants pay their own utilities, keeping owner costs low, and a termite bond is already in place for added peace of mind.
The property is fully occupied, providing an investor with strong current rental income from day one. Beyond the four units, a bonus storage building on site adds even more income potential, with room to add rentable storage space beyond what is currently rented.
With updated systems and low ongoing maintenance needs, this is a true turnkey opportunity for an investor looking for built-in upside, or for anyone drawn to the charm and privacy of updated units just minutes from the beach. Located in one of the Panhandle's most in-demand rental markets, close to shopping, dining, and the beach. Schedule your showing today.
Location
State FL
County Okaloosa
Community Separate Storage
Area 12 - Fort Walton Beach
Zoning Resid Multi-Family
Direction North on Beal Pkwy, Left on Duloft, Right on Bayou View Dr.
Rooms
Kitchen true
Interior
Interior Features Fireplace, Newly Painted, Washer/Dryer Hookup
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Tile, Floor Vinyl
Furnishings Furnished - None
Appliance Dishwasher, Refrigerator, Water Heater - Elect
Exterior
Exterior Feature Fenced Back Yard, Yard Building, Covered Patio, Fenced Backyard, Privacy Fence, Yard Building, Renovated
Fence Fenced Privacy
Community Features Separate Storage
Utilities Available Electric, Public Water
Roof Type Dimensional Shingle
Porch Patio Covered
Garage No
Building
Lot Description Interior
Faces North on Beal Pkwy, Left on Duloft, Right on Bayou View Dr.
Sewer Public Sewer
Architectural Style Fourplex
New Construction No
Schools
Elementary Schools Wright
Middle Schools Meigs
High Schools Choctawhatchee
Others
Pets Allowed No
Tax ID 03-2S-24-0900-0005-0060
Nearby Locations
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