818 Lark Street #1, 2, 3, 4, Fort Walton Beach, FL 32547
Local realty services provided by:ERA American Real Estate
818 Lark Street #1, 2, 3, 4,Fort Walton Beach, FL 32547
$575,000
- 8 Beds
- 4 Baths
- 2,750 sq. ft.
- Single family
- Active
Listed by: tamela leann hayes, amanda l reaves
Office: coldwell banker realty
MLS#:976434
Source:FL_ECAR
Price summary
- Price:$575,000
- Price per sq. ft.:$209.09
About this home
Investment Opportunity - Fully Occupied. Owner financing is available with $500,000 down, a 6.5% interest rate, 30-year amortization, and a 3-year balloon payment.
Seize this rare chance to acquire a fully occupied, income-producing multi-family portfolio delivering strong cash flow and outstanding long-term investment potential. Situated in a desirable county location, the property provides potential tax advantages and added flexibility for management and future ownership.
This portfolio includes two parcels (816 & 818 Lark St - see MLS #976432) with four single-story duplexes, totaling eight rental units. Seven units offer 2 bedrooms, 1 bathroom, open kitchen and living areas, covered back patios, washer/dryer hookups, and individual central heat and air systems. Dedicated parking, concrete driveways, and enhanced street lighting add to the property's appeal and functionality.
Unit 8 at 816 Lark presents an exceptional opportunity for an owner-occupant or investor seeking to offset living expenses with rental income. This spacious unit boasts 3 bedrooms, 3 full bathrooms, a dedicated office/flex room, an attached one-car garage, a large, screened porch, and a private irrigation well for future landscaping.
Conveniently located just 2 minutes from Eglin AFB and 5 minutes from Hurlburt Field, this property is also near shopping, dining, beaches, and everyday amenities--making it highly attractive to both military and civilian tenants.
Both parcels are offered together. The current gross rental income is approximately $9,130 per month. Proof of annual property tax and insurance payments will be required during the financing term.
This is an outstanding opportunity to acquire a turnkey investment with stable income, flexible financing options, and the added benefit of potential owner-occupancy....
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Home facts
- Year built:1982
- Subdivision & Development:FOREST HEIGHTS
- Listing ID #:976434
- Added:436 day(s) ago
- Updated:July 30, 2026 at 03:27 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:10
- Kitchen Description:Oven Self Cleaning, Range Hood, Refrigerator, Stove/Oven Gas
- Living area:2,750 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:1982
- Building area:2,750 sq. ft.
- Lot area:0.47 Acres
- Architectural Style:Duplex
Schools
- High school:Choctawhatchee
- Middle school:Pryor
- Elementary school:Kenwood
Utilities
- Water:Public Water
Finances and disclosures
- Price:$575,000
- Price per sq. ft.:$209.09
- Tax amount:$3,224 (2024)
Features and amenities
- Appliances:Oven Self Cleaning, Range Hood, Refrigerator, Stove/Oven Gas
Parking
- Garage:Yes
- Garage spaces:1
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