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    618 Gap Creek Dr, Unit 28 Fort Walton Beach, FL 32548

    For Sale
    $169,999

    Investment opportunity near schools, shopping, and Eglin AFB.

    Lot size:
    0.02 Acres

    Property Features for 618 Gap Creek Dr

    General Information

    Lot size
    0.02 Acres

    Building Details

    Year built
    1985

    Source: Coldwell Banker Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Walton Beach Townhome Opportunity

    Located in Fort Walton Beach, the townhome at 618 Gap Creek Drive, Unit 28, presents an investment opportunity. The property features a functional layout with ample natural light. A new roof was installed in September 2021. The property is being sold AS IS. It is located near local schools, shopping, and dining, and is a short drive from Eglin AFB and the Gulf Coast beaches. The property is positioned for long-term rental income or future resale.
    Location Intelligence

    Current Use by Public Records

    New Vision Stucco ... Stucco Contractor Lagos painting & Remodelation ... Painting Handyman Kev Handyman Christina Cole Vending ... Vending Machine Supplier

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6419903
    Latitude
    30.4294716

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    FAQs

    What type of property is this?
    Specialty property - Investment opportunity near schools, shopping, and Eglin AFB.
    Where is this specialty property located?
    The property is located at 618 Gap Creek Dr, Unit 28 Fort Walton Beach, FL.
    What is the asking price?
    The asking price for this property is $169,999.
    What are key features of this property?
    This property features: - Excellent investment opportunity in Fort Walton Beach; - New roof installed in September 2021; - Convenient location near schools, shopping, dining, and Eglin AFB
    (209) 227-9166
    Request Owner's contact information
    618 Gap Creek Dr, Unit 28 Fort Walton Beach, FL 32548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    618 Gap Creek Dr, Unit 28 Fort Walton Beach, FL 32548
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