Fully Occupied Multi-Family
818 Lark Street, Fort Walton Beach, FL 32547
MULTI_FAMILY - Other - Fort Walton Beach, FL
Property size:
2,750 SFLot size:
0.47 AcresPrice / SF:
$213/SF- Added:
- May 14, 2025
- Days on Market:
- 365
- Last Refresh:
- May 13 at 8:06 am
Property Features for 818 Lark Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- County, Resid Multi-Famil
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bathroom 1, Bedroom 5, Dining Room, Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 8, Bedroom 3, Bathroom 2
- Interior features
- Washer/Dryer Hookup
- Appliances
- Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Gas, Water Heater - Elect
- Standard status
- Active
- APN
- 26-1S-24-0950-0003-0050
- Size
- 2,750 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- FOREST HTS S/D LOT 5 BLK 3 & FOREST HTS S/D LOT 4 BLK 3
- Tax Annual Amount
- 3224
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Wall/Window Unit(s), Window Unit(s), Central Air
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Building materials
- Brick
- Architectural style
- Other
Listing agent Tamela Leann Hayes License #3085266 (850) 259-6404
Listing office Coldwell Banker Realty 45 Eglin Pkwy NE #101, Pensacola, FL (850) 863-4563
Listing date May 14, 2025
MLS# 976434
Listing URL
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.
HighLights
- Fully‑occupied multi‑family property ensures immediate cash flow.
- Prime location: 2 minutes from Eglin AFB and 5 minutes to Hurlburt Field, near shopping and dining.
- Seller will consider owner financing with attractive terms: $500,000 down, 30‑year amortization with a balloon payment in 3 years.
- Consists of 8 individual units across 4 duplexes, including seven 2‑bedroom/1‑bath units and one premium 3‑bedroom/3‑bath unit with garage and screened porch.
- Located in an unincorporated tax district, offering valuable tax advantages and flexibility.
- All units feature individual central heat & air, washer/dryer hookups, and covered back patios.
Overview
This is an exceptional investment opportunity featuring fully-occupied multi-family properties. Located in the county, this investment offers valuable tax advantages and added flexibility for future development or management. The property consists of two parcels with a total of four single-story duplexes, comprising eight individual units. Seven units are two-bedroom, one-bath apartments with a combined kitchen and living area, covered back patios, and washer/dryer hookups. All units have individual central heat and air. The property includes a concrete driveway with individual parking pads, enhanced by streetlamp lighting. One premium unit includes 3 bedrooms, 3 bathrooms, a garage, and a large-screened porch. Additionally, there is an onsite storage/utility shed. The property is fully-occupied, ensuring immediate cash flow. It is conveniently located just 2 minutes from Eglin AFB and 5 minutes to Hurlburt Field, with shopping and dining nearby. The property has multi-family zoning and is located in an unincorporated tax district. The total lot size is 0.47 acres, and the property size is 2750 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Fort Walton Beach
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.628294
- Latitude
- 30.465609
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Income-producing multi-family property with development potential near Eglin AFB.
Where is this duplex located?
The property is located at 818 Lark Street Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $586,405.
What are key features of this property?
This property features: Fully‑occupied multi‑family property ensures immediate cash flow.; Prime location: 2 minutes from Eglin AFB and 5 minutes to Hurlburt Field, near shopping and dining.; Seller will consider owner financing with attractive terms: $500,000 down, 30‑year amortization with a balloon payment in 3 years.
