Property Details

Listing # 953576 Details

$400,000
7 SE Elm Avenue
Fort Walton Beach, FL 32548

Property Inquiry

Contact Patrick Watford about this property!

*Required

1,362 Sq Ft.
Built 1945
3 Bed
2 Bath

Property Details

***Investor's dream*** You have SHORT and LONG term rental opportunities. Unit 7A (1BR/1BA, 504sqft) is a short term rental and made close to $38k in 2023 BY ITSELF! It has over $22k in 2024 bookings. 7 Elm (2 BR/1 BA, 858sqft) needs a little TLC but could easily make $1200 a month long term or $25k Plus short term. Property is zoned R2. Easily meets the 10% rule. Bring your ideas and imagination and invest in the unique property!

COUNTY Okaloosa
SUBDIVISION Ocean City Subdivision
PARCEL ID 13-2S-24-1910-0547-0000
TYPE Detached Single Family
STYLE Ranch
ACREAGE 0
LOT ACCESS Paved Road
LOT SIZE APPROX 99.05 X 68.95 X 100.1 X 69.99
HOA INCLUDE N/A
HOA FEE N/A
UTILITIES Public Sewer,Public Water
PROJECT FACILITIES Short Term Rental - Allowed
ZONING Resid Multi-Family
PARKING FEATURES N/A
APPLIANCES Dryer,Microwave,Stove/Oven Electric,Washer
ENERGY Water Heater - Elect
INTERIOR N/A
EXTERIOR Fenced Back Yard,Fenced Privacy
ROOM DIMENSIONS Living Room : 14 x 10
Bedroom : 13 x 11
Bedroom : 13 x 11
Kitchen : 18 x 10
Laundry : 14 x 9
Living Room : 10 x 13
Bedroom : 10 x 13
Bedroom : 10 x 7
Full Bathroom : 7 x 5
Kitchen : 18 x 7
Laundry : 13 x 9

Schools

Elementry, Elliott Point
Middle, Meigs
High, Choctawhatchee

Location & Map

From Eglin Parkway North, turn right on Hollywood Blvd, turn right on Elm Ave, property will be on the left. Two structures labeled 7 & 7A Elm Avenue.