About This Home

This 8-bedroom, 4-bathroom residential multi family at 131 Bayou View Drive #A-D in Fort Walton Beach, FL is listed for $699,900 ($220 per sqft). Built in 1980, the home offers 3,180 sqft of living space on a N/A lot.

Key Features

  • Built in 1980
  • Fireplace

Property Details

4 full
#A-D
1980

Amenities

FireplaceA/C
Listing Description

Welcome to 131 Bayou View Drive, a beautifully updated four-unit investment property in the heart of Fort Walton Beach. This two-building duplex offers four spacious 2-bedroom, 1-bath units, three already remodeled with vinyl or tile flooring, fresh paint, new cabinets, updated doors and fixtures, and more.

Each unit also has its own private fenced yard and in-unit laundry hookups, giving tenants the space, privacy, and convenience they want. This property has been well maintained and updated over the years. The roof was replaced in 2017, all four water heaters were replaced in 2022, and the AC systems have been updated between 2018 and 2021, so buyers can expect minimal near-term capital expense.

Separate utility meters mean tenants pay their own utilities, keeping owner costs low, and a termite bond is already in place for added peace of mind. The property is fully occupied, providing an investor with strong current rental income from day one.

Beyond the four units, a bonus storage building on site adds even more income potential, with room to add rentable storage space beyond what is currently rented. With updated systems and low ongoing maintenance needs, this is a true turnkey opportunity for an investor looking for built-in upside, or for anyone drawn to the charm and privacy of updated units just minutes from the beach. Located in one of the Panhandle's most in-demand rental markets, close to shopping, dining, and the beach. Schedule your showing today.

Monthly Cost Estimate

$3,743/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,033
Insurance$204

Estimates only. Actual payments may vary.

Location

131 Bayou View Drive #A-D

Fort Walton Beach, FL 32547

FIELD S/D

Features & Amenities

Interior Features

FireplaceNewly PaintedWasher/Dryer Hookup

Exterior Features

Fenced Back YardYard Building

Property Details

Flooring

TileVinyl

Construction

Siding Wood Stucco

Outdoor Features

Patio

Heating

Central

Cooling

Central Air

Appliances

DishwasherRefrigeratorWater Heater - Elect

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 131 Bayou View Drive is listed at $699,900 ($220/sqft). The estimated monthly payment is $3,743 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, Fireplace. Interior Features: Fireplace, Newly Painted, Washer/Dryer Hookup. Exterior Features: Fenced Back Yard, Yard Building.

This property is listed by Michelle Martin.

MM

Michelle Martin

License 3315911

Agent at EXP REALTY LLC

Listed by EXP REALTY LLC · Broker phone: (888) 883-8509 · View on Broker Site

MLS# 1012523· Source: Emerald Coast Association of Realtors· 37 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.

131 Bayou View Drive #A-D, Fort Walton Beach, FL 32547

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