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Jake Cole

jake.cole@engelvoelkers.com +1(850) 564-6160

$ 599,000

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22 NE Bobolink Street Fort Walton Beach, FL 32548

10 Beds

6 Baths

2,816 SqFt

UPDATED:

12/20/2024 03:43 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $212

Subdivision North Hill Gardens

MLS Listing ID 964673

Bedrooms 10

Full Baths 6

Construction Status Construction Complete

HOA Y/N No

Year Built 1956

Annual Tax Amount $4,113

Tax Year 2023

Lot Size 0.400 Acres

Acres 0.4

Property Description

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 long-term leases totaling $2,200+ a month.Duplex 2: Two 504 sq/ft bungalows, each occupied with long-term leases totaling $2,200+ a month.Duplex 3: Two 400 sq/ft bungalows, each occupied with long-term 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!

Location

State FL

County Okaloosa

Area 12 - Fort Walton Beach

Zoning Resid Multi-Family

Rooms

Kitchen First

Interior

Interior Features Floor Laminate, Floor Tile

Appliance Refrigerator, Stove/Oven Electric

Exterior

Pool None

Utilities Available Electric, Public Sewer, Public Water, TV Cable

Private Pool No

Building

Lot Description Level, Sidewalk, Survey Available

Story 1.0

Structure Type Block,Roof Flat,Roof Membrane,Slab

Construction Status Construction Complete

Schools

Elementary Schools Elliott Point

Others

Energy Description AC - Window/Wall,Ceiling Fans,Heat - Wall/Window

Financing Conventional,FHA,VA

Listed by Beachy Beach Real Estate

Jake Cole

Broker Associate

+1(850) 564-6160

Jake Cole

22 NE Bobolink Street Fort Walton Beach, FL 32548

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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22 NE Bobolink Street