131 Bayou View Dr Unit A-D, Fort Walton Beach, FL 32547

$699,900
8
BD
4
BA
3,180
SqFt

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List Price
$699,900
Days on Market
0
MLS#
1012523
Status
ACTIVE
Type
Single Family Residential
Subtype
Quadplex - All Unites
Bedrooms
8
Bathrooms
4
Full Bathrooms
4
Living Area
3,180
Neighborhood
Overbrook/Pinedale

Property Description

Welcome to 131 Bayou View Drive, a beautifully updated four-unit investment property in the heart of Fort Walton Beach. This two-building duplex offers four spacious 2-bedroom, 1-bath units, three already remodeled with vinyl or tile flooring, fresh paint, new cabinets, updated doors and fixtures, and more. Each unit also has its own private fenced yard and in-unit laundry hookups, giving tenants the space, privacy, and convenience they want. This property has been well maintained and updated over the years. The roof was replaced in 2017, all four water heaters were replaced in 2022, and the AC systems have been updated between 2018 and 2021, so buyers can expect minimal near-term capital expense. Separate utility meters mean tenants pay their own utilities, keeping owner costs low, and a termite bond is already in place for added peace of mind. The property is fully occupied, providing an investor with strong current rental income from day one. Beyond the four units, a bonus storage building on site adds even more income potential, with room to add rentable storage space beyond what is currently rented. With updated systems and low ongoing maintenance needs, this is a true turnkey opportunity for an investor looking for built-in upside, or for anyone drawn to the charm and privacy of updated units just minutes from the beach. Located in one of the Panhandle's most in-demand rental markets, close to shopping, dining, and the beach. Schedule your showing today.

Additional Information

Appliances
Dishwasher, Refrigerator, Electric Water Heater
Style
Fourplex
Elementary School
Wright
Exterior Features
Private Yard, Storage
High School
Choctawhatchee
Interior Features
Fireplace(s), Newly Painted, Washer Hookup
Legal Description
Field S/D Lot 6 Blk 5
Lot Features
Irregular Lot
Middle School
Meigs
Neighborhood
Overbrook/Pinedale
Community Features
Storage Facilities
Subdivision
Field S/D
Year Built
1980
Zoning
Resid Multi-Family

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Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC.

Vendor Member Number : 28166