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About This Home
This 8-bedroom, 4-bathroom residential multi family at 818 Lark Street in Fort Walton Beach, FL is listed for $586,405 ($213 per sqft). Built in 1982, the home offers 2,750 sqft of living space on a 0.47 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, this investment offers valuable tax advantages and added flexibility for future development or management.
Comprised of 2 parcels (818 and 816 Lark Street - see MLS#976432) with a total of four single-story duplexes and 8 individual units. Seven units are two-bedroom, one-bath apartments w/ a combined kitchen and living area, covered back patios & washer/dryer hookups.
All units have individual central heat & air. The property has a concrete driveway with 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. This property is fully-occupied ensuring immediate cash flow. 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. One premium unit includes 3 bedrooms, 3 bathrooms, a garage, and a large-screened porch. Additionally, there is an onsite storage/utility shed. **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
- 0.47 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,136/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
818 Lark Street
Fort Walton Beach, FL 32547
FOREST HEIGHTS
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 818 Lark Street is listed at $586,405 ($213/sqft). The estimated monthly payment is $2,541 based on 20% down at 6.5% interest.
Key features include: Built in 1982, 0.47 acre lot. Interior Features: Washer/Dryer Hookup.
This property is listed by Tamela Leann Hayes and can be reached at 8502596404 or tamela.hayes@floridamoves.com.



