125 Beal Parkway Fort Walton Beach, FL 32548
MULTI_FAMILY - Other - Fort Walton Beach, FL
- Added:
- Sep 11, 2025
- Days on Market:
- 304
- Last Refresh:
- Jul 11 at 2:06 pm
Property Features for 125 Beal Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial, Resid Multi-F
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1, Bonus Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1
- Patio and Porch features
- Porch
- Exterior features
- Fenced Back Yard
- Fencing
- Back Yard
- Appliances
- Refrigerator, Stove/Oven Electric, Water Heater - Elect
- Standard status
- Active
- APN
- 13-2S-24-1050-000K-0080
- Size
- 2,550 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Gibson Add Lots 8 & 9 Ex S 50 Ft Of Lot 9 Blk K
- Tax Annual Amount
- 2889
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
Building Details
- Year built
- 1951
- Floors in Building
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent MY850 Elkins (850) 998-8500
Listing office World Impact Real Estate 4507 Furling Ln #106, Destin, FL (850) 225-7000
Listing date Sep 11, 2025
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Four individual units totaling approximately 2,550 SF; each unit has 1 bedroom, 1 bathroom, a living room, and a bonus room
- Zoned commercial, offering flexibility for future use
- Seller indicates the property will require a full renovation (buyer to verify measurements and pertinent data)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.4k | $17.40 |
| − Vacancy | −$2.4k | −$0.96 |
| EGI | $41.9k | $16.44 |
| − OpEx | −$12.6k | −$4.93 |
| NOI | $29.4k | $11.51 |
