Exceptional Investment Opportunity – Fully-Occupied Multi-Family Properties! This is your chance to secure a rare, income-producing property with incredible potential. Located in an unincorporated tax district of Fort Walton Beach, Florida, this investment offers valuable tax advantages and added flexibility for future development or management. Comprised of two parcels (816 and 818 Lark St with a total of four single-story duplexes and 8 individual units. Seven units are two-bedroom, one-bath apartments with a combined kitchen and living area, covered back patios, and washer/dryer hookups. Private parking is available for each unit, enhanced by streetlamp lighting for added safety. Seller only interested in selling both parcels together. 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.
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 666663
Price : $738,592
Year Built : 1982
Building Area : 3,322 Sqft
Status : Active
Property SubType : Apartment
Features
Heating System : Central
Electric : Copper Wiring
Lot Features : Central Access
Roof : Composition
Address Map
State : FL
County : Okaloosa
City : Ft Walton Beach
Zipcode : 32547
Street : 816 Lark St
Floor Number : 0
Longitude : W87° 22' 16.9''
Latitude : N30° 27' 56''
Directions : From Mary Esther Blvd, Turn left onto N Beal Pkwy, Turn left onto Forest Heights Rd., Turn left onto Lark St. Go for 154 ft to 818 Lark St