512 Nw Parkview Rd Unit A & B, Fort Walton Beach, FL 32547
- $450,000
- 4
- BD
- 4
- BA
- 2,356
- SqFt
- List Price
- $450,000
- Days on Market
- 8
- MLS#
- 1011121
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Full Bathrooms
- 4
- Living Area
- 2,356
- Neighborhood
- Kenwood/Golf Course
Property Description
Attention investors! Duplex investment opportunity in the heart of Fort Walton Beach! 8.5% Gross Cap Rate! Step right into a cash flowing investment property, offering an exceptional ROI for investors looking to expand their rental portfolio. The best part, if you are looking for one more duplex, the sister property, 510 Parkview Rd is also for sale next door, if you want to add another 2 units to your rental portfolio! Unit features a comfortable 2-bedroom, 2-bathroom layout, providing ample living space and strong appeal for long-term tenants. Both Units are currently occupied with two long term leases at $1,600/month, renewing Spring of 2027. The functional floor plans offer spacious living areas with beautiful brick, wood burning fireplaces, recently updated kitchens, private bedrooms, and two full bathrooms per unit. Two separate residences under one roof. Conveniently located near local shopping, dining, schools, military installations, entertainment, and the beautiful Emerald Coast beaches, this property puts residents close to everything Fort Walton Beach has to offer. Whether you're an experienced investor or newer, this duplex offers versatility, location, and income-producing returns in a highly desirable Northwest Florida market. New roof was installed in 2025. These rarely come to the market. Don't miss your chance to own a great income producing asset.
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Additional Information
- Appliances
- Dishwasher, Disposal, Range Hood, Refrigerator, LP Gas Water Heater
- Style
- Duplex
- Elementary School
- Edwins
- Exterior Features
- Private Yard, Sprinkler System, Rain Gutters
- High School
- Choctawhatchee
- Interior Features
- Vaulted/Cathedral Ceilings, Fireplace(s), Newly Painted, Pantry, Split Bedroom, Washer Hookup
- Legal Description
- JACKSONS HTS S/D LOT 11 BLK 6
- Lot Features
- Golf, Level
- Middle School
- Pryor
- Neighborhood
- Kenwood/Golf Course
- Subdivision
- Golf View On Parkview
- Year Built
- 1985
- Zoning
- City, Resid Multi-Family
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Listing courtesy of LPT Realty LLC.
Vendor Member Number : 28166