22 Bobolink St NE Fort Walton Beach, FL 32548
Fully occupied six-plex in Fort Walton Beach with established tenants.
Building Details
- Year built
- 1956
Source:
Naiglobal
Listing Agency: NAI TALCOR Listing Agent: Terry Koehn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Income-Producing Six-Plex Investment Opportunity
This income-producing six-plex features three one-level duplexes, totaling ten bedrooms and six bathrooms. Currently 100% occupied, the property has established long-term tenants, with the longest occupancy exceeding 14 years. The estimated net operating income (NOI) for 2025 is $69,840 annually. Recent property updates include new roofs on buildings 1 and 3 (units A/B and E/F) completed in 2025, and new plumbing (pipes/drains) in buildings 2 and 3 (units C/D and E/F) planned for 2026. New refrigerators were installed in units A, E, and F in 2025 and 2026, while new stoves were added to units B and D in 2025 and 2026. Unit B received a new A/C unit in 2025, and unit C features new granite countertops installed in 2025. New LVP flooring was installed in unit F in 2026. Located in Fort Walton Beach, south of Walter Martin Rd N, east of Beal Pkwy NE, and west of Eglin Pkwy NE, the buildings total approximately 2,816 square feet. The property includes land space with the potential to add more units. This is an income-producing investment opportunity with renovations completed in 2025.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Fort Walton Beach
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.6104961
- Latitude
- 30.4149558
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FAQs
What type of property is this?
Apartment building - Fully occupied six-plex in Fort Walton Beach with established tenants.
Where is this apartment building located?
The property is located at 22 Bobolink St NE Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: - Income-producing 6-plex with **$69,840 estimated annual NOI**.; - 100% occupancy with established long-term tenants.; - Recent renovations including **new roofs, plumbing, appliances, countertops, and flooring**.
