About This Home

This 4-bedroom, 4-bathroom residential multi family at 125 Beal Parkway in Fort Walton Beach, FL is listed for $397,000 ($156 per sqft). Built in 1951, the home offers 2,550 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1951
  • 0.16 acre lot
  • 2 stories

Property Details

2 stories
4 full
1951

Amenities

A/C
Listing Description

Excellent opportunity with strong potential and excellent location! This property features four individual units totaling approximately 2,550 square feet. Each unit offers 1 bedroom, 1 bathroom, a living room, and an additional bonus room that could serve as a second bedroom or office.

This four-plex is conveniently located on Beal and just minutes from downtown, the property is zoned commercial and offers flexibility for future use. To the seller's knowledge, the property will require a full renovation, but presents significant upside for the right buyer. Please do not disturb tenants. Be sure to schedule your appointment today. This property needs significant work and can also be purchased as a land only sale. Buyer to verify all measurements and pertinent data.

Monthly Cost Estimate

$2,123/mo

20% down · 6.5% · 30 years

Principal$287
Interest$1,720
Insurance$116

Estimates only. Actual payments may vary.

Location

125 Beal Parkway

Fort Walton Beach, FL 32548

GIBSON ADDN

Features & Amenities

Exterior Features

Fenced Back Yard

Property Details

Construction

Brick

Outdoor Features

Porch

Cooling

Window Unit(s)Wall/Window Unit(s)

Appliances

RefrigeratorStove/Oven ElectricWater Heater - Elect

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 125 Beal Parkway is listed at $397,000 ($156/sqft). The estimated monthly payment is $2,123 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1951, 0.16 acre lot, 2 stories. Exterior Features: Fenced Back Yard.

This property is listed by MY850 Elkins.

ME

MY850 Elkins

Agent at world Impact real estate

Listed by world Impact real estate · Broker phone: (850) 225-7000 · View on Broker Site · Broker website

MLS# 985178· Source: Emerald Coast Association of Realtors· 417 days on PropertySimple

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.

125 Beal Parkway, Fort Walton Beach, FL 32548

Open this listing in: