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About This Home
This 9-bedroom, 6-bathroom residential multi family at 816 Lark Street in Fort Walton Beach, FL is listed for $713,592 ($215 per sqft). Built in 1982, the home offers 3,322 sqft of living space on a 0.43 acres lot.
Exceptional Investment Opportunity - Fully-Occupied Multi-Family Properties! This is your chance to secure a rare, income-producing property with incredible potential. Located in the county of Ft Walton Beach, Fl, this investment offers valuable tax advantages and added flexibility for future development or management.
Comprised of two parcels (816 and 818 Lark St (see MLS#976434)), a total of four single-story duplexes & 8 individual units. Seven units are 2 bed, 1bath apartments with a combined kitchen & living area, covered back patios & washer/dryer hookups. All units have individual central heat & air.
The property has a concrete driveway w/individual parking pads, enhanced by streetlamp lighting for added safety. Seller only interested in selling both parcels together($1.299,000). One premium unit includes 3 bedrooms, 3 bathrooms, a garage, and a large-screened porch.
Additionally, there is an onsite storage/utility shed. Conveniently located just 2 minutes from Eglin AFB and 5 minutes to Hurlburt Field, with top shopping and dining just minutes away. With its multi-family zoning, unincorporated tax district location, and turnkey condition, this property is a true standout.
Don't miss out! call today for more details. **Seller will consider owner financing with the following terms: $500,000 down. Payment would be based on a 30-year amortization with a balloon payment in 3 years. Potential income of $9115.00 per month. Proof of payment for taxes and insurance would need to be provided yearly.**
Key Features
- Built in 1982
- 0.43 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,816/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
816 Lark Street
Fort Walton Beach, FL 32547
FOREST HEIGHTS
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Pool Features
Cooling
Appliances
Questions & Answers
This 9-bedroom, 6-bathroom residential multi family at 816 Lark Street is listed at $713,592 ($215/sqft). The estimated monthly payment is $3,092 based on 20% down at 6.5% interest.
Key features include: Built in 1982, 0.43 acre lot. Exterior Features: Yard Building.
This property is listed by Tamela Leann Hayes and can be reached at 8502596404 or tamela.hayes@floridamoves.com.
