Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco, Wood Siding

  • Other Exterior Features

    Private Yard

  • Patio and Porch Features

    Patio, Covered

  • Pool

    No

Area & Lot

  • Lot Features

    Interior Lot

  • Property Type

    Residential

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Fourplex

Price

  • Sales Price

    $699,900

  • Tax Amount

    $4,574.15

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    3,180

  • Price/SqFt

    $220

HOA

  • Association

    No

School District

  • Elementary School

    Wright

  • Middle School

    Meigs

  • High School

    Choctawhatchee

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Okaloosa

Elementary School

Wright

Middle School

Meigs

High School

Choctawhatchee

Listing Courtesy of Michelle Martin, EXP Realty LLC

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30A Luxury Group

EXP LUXURY GROUP 30A

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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.

131 Bayou View Drive A-D

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