818 Lark Street #1, 2, 3, 4, Fort Walton Beach, FL 32547
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
818 Lark Street #1, 2, 3, 4,Fort Walton Beach, FL 32547
$586,405
- 8 Beds
- 4 Baths
- 2,750 sq. ft.
- Single family
- Active
Listed by: tamela leann hayes, amanda l reaves
Office: coldwell banker realty
MLS#:976434
Source:FL_ECAR
Price summary
- Price:$586,405
- Price per sq. ft.:$213.24
About this home
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.**
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Home facts
- Year built:1982
- Listing ID #:976434
- Added:212 day(s) ago
- Updated:December 17, 2025 at 10:04 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,750 sq. ft.
Structure and exterior
- Year built:1982
- Building area:2,750 sq. ft.
- Lot area:0.47 Acres
Schools
- High school:Choctawhatchee
- Middle school:Pryor
- Elementary school:Kenwood
Utilities
- Water:Public Water
Finances and disclosures
- Price:$586,405
- Price per sq. ft.:$213.24
- Tax amount:$3,224 (2024)
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