818 Lark Street 1, 2, 3, 4 Fort Walton Beach, FL 32547
Listing Courtesy of: EMERALD COAST / Coldwell Banker Realty / Tamela Hayes / Amanda Reaves

  818 Lark Street 1, 2, 3, 4 Fort Walton Beach, FL 32547

Active (165 Days)
$586,405 (USD)
8
BED
4
BATH
2,750
SQFT

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 ($1.299,997) 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.**

MLS #:
976434
Taxes
$3,224(2024)
Lot Size
0.47 acres
Type
Multifamily
Year Built
1982
Style
Duplex
County
Okaloosa County

Listed By

Tamela Hayes, Coldwell Banker Realty
Amanda Reaves, Coldwell Banker Realty
Source
EMERALD COAST
Last checked Oct 31 2025 at 6:29 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Washer/Dryer Hookup
Kitchen
  • Refrigerator
  • Stove/Oven Gas
  • Range Hood
  • Smoke Detector
  • Oven Self Cleaning
  • Water Heater - Elect
Subdivision
  • Forest Heights
Heating and Cooling
  • Central
  • Wall/Window Unit(s)
  • Central Air
Utility Information
  • Utilities: Public Water, Electric
School Information
  • Elementary School: Kenwood
  • Middle School: Pryor
  • High School: Choctawhatchee
Parking
  • See Remarks
Stories
  • 1
Location
   
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Disclaimer: Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 Emerald Coast Association of REALTORS Last Updated: 10/31/25 11:29
Vendor Number:29098