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22 NE Bobolink Street Fort Walton Beach, FL 32548
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Key Details
Sold Price $507,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,816 sqft
Price per Sqft $180
Subdivision North Hill Gardens
MLS Listing ID 964673
Sold Date 03/11/25
Bedrooms 10
Full Baths 6
Construction Status Construction Complete
HOA Y/N No
Year Built 1956
Annual Tax Amount $4,113
Tax Year 2023
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type Duplex
Property Description
UNDER CONTRACT - ACCEPTING BACK UPS!INVESTOR'S DREAM!!!Unbelievable Cash Flow opportunity in one of the most desirable locations in Fort Walton Beach!These 6 Beach Bungalows are the ''Unicorn'' opportunity that everyone dreams about.Rare oversized .4 acre lot that can be subdivided, or an additional duplex can be added - increasing value exponentially!Duplex 1: Two 504 sq/ft bungalows, each occupied with leases totaling $2,200+ a month.Duplex 2: Two 504 sq/ft bungalows, each occupied with leases totaling $2,200+ a month.Duplex 3: Two 400 sq/ft bungalows, each occupied with leases totaling $2,200+ a month. Less than 2 minutes to Uptown Station, and 1.5 miles to the Sugar White Sands of the Gulf.Over $79k annually in rentals. Blink and you'll miss it!
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Zoning Resid Multi-Family
Rooms
Kitchen First
Interior
Interior Features Floor Laminate, Floor Tile
Appliance Refrigerator, Stove/Oven Electric
Exterior
Pool None
Utilities Available Electric, Public Sewer, Public Water, TV Cable
Private Pool No
Building
Lot Description Level, Sidewalk, Survey Available
Story 1.0
Structure Type Block,Roof Flat,Roof Membrane,Slab
Construction Status Construction Complete
Schools
Elementary Schools Elliott Point
Others
Energy Description AC - Window/Wall,Ceiling Fans,Heat - Wall/Window
Financing Other
Read Less
Bought with Realty ONE Group Emerald Coast