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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.

Agent Description

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

1 story
4 full
#1, 2, 3, 4
1982

Amenities

A/C

Monthly Cost Estimate

$3,136/mo

20% down · 6.5% · 30 years

Principal$424
Interest$2,541
Insurance$171

Estimates only. Actual payments may vary.

Location

818 Lark Street

Fort Walton Beach, FL 32547

FOREST HEIGHTS

Features & Amenities

Interior Features

Washer/Dryer Hookup

Property Details

Construction

Brick

Heating

Central

Cooling

Central AirWall/Window Unit(s)Window Unit(s)

Appliances

Oven Self CleaningRange HoodRefrigeratorSmoke DetectorStove/Oven GasWater Heater - Elect

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.

TH

Tamela Leann Hayes

Agent at Coldwell Banker Realty

(850) 259-6404

Listed by Coldwell Banker Realty · View on Broker Site

MLS# 976434· Source: listhub· Updated 383 days ago

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.

818 Lark Street, Fort Walton Beach, FL 32547

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