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$507,000
10 Beds 6 Baths 766679 MLS
UNDER CONTRACT - ACCEPTING BACK UP OFFERS!INVESTOR'S DREAM!!!Unbelievable Cash Flow opportunity in one of the most desirable locations in Fort Walton Beach!These 6 Beach Bungalows are the ''Unicorn'' opportunity that everyone dreams about.Rare oversized .4 acre lot that can be subdivided, or an additional duplex can be added - increasing value exponentially!Duplex 1: Two 504 sq/ft bungalows, each occupied with leases totaling $2,200+ a month.Duplex 2: Two 504 sq/ft bungalows, each occupied with leases totaling $2,200+ a month.Duplex 3: Two 400 sq/ft bungalows, each occupied with leases totaling $2,200+ a month. All this, and less than 2 minutes to Uptown Station, and 1.5 miles to the Sugar White Sands of the Gulf.Over $79k annually in rentals. Blink and you'll miss it!The numbers say it all... Nearly 8% annual return on investment (13% including appreciation), and an incredible CAP rate of over 8.5% in an area that has averaged right at 6% all year. The owner lives out of state and can no longer manage this incredible property, so their loss is your gain!!!

22 Bobolink Street, Fort Walton Beach

$420,000
4 Beds 3 Baths 766669 MLS
Welcome to this modern sanctuary brick home offering 4 bedrooms, 3 baths, & a versatile flex room. This exquisite residence showcases tilebathrooms and a stylish barn door in the expansive main ensuite boasts an equally impressive bath, creating a private retreat in this split floorplan. All 3bathrooms reflect modern finishes, creating sophisticated charm. The large, modern kitchen is a chef's dream, featuring granite countertops, rich woodcabinets, & modern appliances. The open living space flows seamlessly into the kitchen/dining, enhanced by crown molding, smooth ceilings, & recessedlighting. Rich wood floors span the home, creating a warm & inviting atmosphere. The property offers ample parking to accommodate a large family. Thespacious backyard provides a safe play area...

505 South Avenue, Fort Walton Beach