816 Lark ST #5, 6, 7, 8 Fort Walton Beach, FL 32547
9 Beds
6 Baths
3,322 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Townhouse
Sub Type Attached Single Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,322 sqft
Price per Sqft $214
Subdivision Forest Heights
MLS Listing ID 976432
Style Duplex
Bedrooms 9
Full Baths 6
Year Built 1982
Annual Tax Amount $4,008
Tax Year 2024
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Attached Single Unit
Source Emerald Coast Association of REALTORS®
Land Area 3322
Property Description
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.**
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Zoning Resid Multi-Family
Direction From Mary Esther Blvd, Turn left onto N Beal Pkwy, Turn left onto Forest Heights Rd., Turn left onto Lark St. Go for 154 ft to 818 Lark St
Rooms
Dining Room true
Interior
Cooling Central Air
Flooring Floor Tile, Floor WW Carpet
Appliance Refrigerator, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
Exterior
Exterior Feature Yard Building, Covered Patio, Open Porch, Yard Building
Parking Features See Remarks
Garage Spaces 1.0
Utilities Available Electric, Public Water
Roof Type Composite Shingle
Street Surface Paved
Porch Patio Covered, Porch Open
Road Frontage County Road
Garage Yes
Building
Lot Description Interior, Level
Faces From Mary Esther Blvd, Turn left onto N Beal Pkwy, Turn left onto Forest Heights Rd., Turn left onto Lark St. Go for 154 ft to 818 Lark St
Story 1
Sewer Public Sewer
Architectural Style Duplex
New Construction No
Schools
Elementary Schools Kenwood
Middle Schools Pryor
High Schools Choctawhatchee
Others
Pets Allowed No
Tax ID 26-1S-24-0950-0003-0040
Miscellaneous 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).
