$880,000
Fort Walton Beach, FL 32548
MLS# 785720
2816 sqft
1 / 14
Property Description
Income producing 6 plex. 3 one level duplexes with10 bedrooms and 6 Bathrooms total. Currently 100% occupied with 2-2025 NOI rents estimated at $69,840 annually. Established long term tenants with the longest tenant occupancy at 14+ years. Recent property updates include: New roof on buildings 1 and 3 (units A/B and E/F) - 2025 New plumbing (pipes / drains) buildings 2 and 3 (units C/D and E/F) - 2026 New refrigerators in units A, E, F - 2025/2026 New stoves in units B, D - 2025/2026 New A/C unit in unit B - 2025 New granite countertops unit C - 2025 New LVP flooring unit F - 2026.
Details
Maps
Contract Info
List Price/SqFt: 312.5
List Date: 2026-02-23
List Price: $880,000
Current Price: $880,000
Sub-Type: Multi-Family
Location
Sub Area: 1701 - Okaloosa - Fort Walton Beach
Community/Resort: None
Waterfront: No
Directions: South of Walter Martin Rd N and East of Beal Pkwy NE and West of Eglin Pkwy NE
Area: 17 - Okaloosa
Street #: 22
Street Direction: NE
Street Name: Bobolink
Street Suffix: Street
State: FL
Zip Code: 32548
County: Okaloosa
Subdivision: No Named Subdivision
Parcel ID: 13-2S-24-1772-0000-0020
Legal Description: Lot 2 North Hill Gardens First Addition Replat in Block 12, according to the Plat thereof as recorded in Plat Book 19, page 86 of the Public Records of Okaloosa County, Florida
General Property Info
List Class: Residential Income
Floor Number: 1
Acreage: 0.4
Construction Status: Construction Complete
# of Units: 10
# of Stories in Building: 1
SqFt Tot Bldg: 2816
Year Built: 1956
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Income producing 6 plex. 3 one level duplexes with10 bedrooms and 6 Bathrooms total. Currently 100% occupied with 2-2025 NOI rents estimated at $69,840 annually. Established long term tenants with the longest tenant occupancy at 14+ years.
Recent property updates include:
New roof on buildings 1 and 3 (units A/B and E/F) - 2025
New plumbing (pipes / drains) buildings 2 and 3 (units C/D and E/F) - 2026
New refrigerators in units A, E, F - 2025/2026
New stoves in units B, D - 2025/2026
New A/C unit in unit B - 2025
New granite countertops unit C - 2025
New LVP flooring unit F - 2026.
Construction/Siding
Block: 1
Concrete: 1
Foundation - Slab on Grade: 1
Roof - Membrane: 1
Floors in Unit/Home
One: 1
Income Producing
Year Built: 1956
Building SqFt: 2816
Net Operating Income: 69840
Property Type: Multi-Family
Status Change Info
Status: Active
Property Features
Listing Office: NAI TALCOR
Last Updated: February - 23 - 2026
Information deemed reliable but not guaranteed.