Property Details

Listing # 976432 Details

$713,592
816 Lark Street
Fort Walton Beach, FL 32547

Property Inquiry

Contact Tamela Leann Hayes about this property!

*Required

3,322 Sq Ft.
Built 1982
9 Bed
6 Bath

Property Details

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 of Ft Walton Beach, Fl, this investment offers valuable tax advantages and added flexibility for future development or management.Comprised of two parcels (816 and 818 Lark St (see MLS#976434)), a total of four single-story duplexes & 8 individual units. Seven units are 2 bed, 1bath apartments with a combined kitchen & living area, covered back patios & washer/dryer hookups. All units have individual central heat & air. The property has a concrete driveway w/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. 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. **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.**

COUNTY Okaloosa
SUBDIVISION FOREST HEIGHTS
PARCEL ID 26-1S-24-0950-0003-0040
TYPE Attached Single Unit
STYLE Duplex
ACREAGE 0
LOT ACCESS County Road,Paved Road
LOT SIZE N/A
HOA INCLUDE N/A
HOA FEE N/A
UTILITIES Electric,Public Sewer,Public Water
PROJECT FACILITIES N/A
ZONING Resid Multi-Family
PARKING FEATURES Garage Attached,See Remarks
APPLIANCES Refrigerator,Smoke Detector,Stove/Oven Electric
ENERGY AC - Central Elect,Water Heater - Elect
INTERIOR Floor Tile,Floor WW Carpet
EXTERIOR Patio Covered,Porch Open,Yard Building
ROOM DIMENSIONS Dining Room : 12 x 10
Living Room : 14 x 13
Bedroom : 12 x 9
Bedroom : 12 x 9
Bedroom : 12 x 9
Bedroom : 12 x 9
Bedroom : 12 x 9
Bedroom : 12 x 9
Bedroom : 12 x 9
Bedroom : 12 x 9
Bedroom : 12 x 9

Schools

Elementry, Kenwood
Middle, Pryor
High, Choctawhatchee

Location & Map

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