$530,000
$425,000
24.7%For more information regarding the value of a property, please contact us for a free consultation.
947 Don Drive Fort Walton Beach, FL 32547
12 Beds
7 Baths
4,396 SqFt
Key Details
Sold Price $530,000
Property Type Single Family Home
Sub Type Florida Cottage
Listing Status Sold
Purchase Type For Sale
Square Footage 4,396 sqft
Price per Sqft $120
Subdivision Don Place S/D
MLS Listing ID 979110
Sold Date 07/07/25
Bedrooms 12
Full Baths 7
Construction Status Construction Complete
HOA Y/N No
Year Built 1988
Property Sub-Type Florida Cottage
Property Description
Highest and best due by 5pm Sunday 6/22. Attention all investors! Presenting a charming collection of single-story cottage-style units, in central Fort Walton Beach off Racetrack Rd. The property features 7 units in total: one standalone unit (#B) and 3 duplexes (C, D, E, F, G, H). Currently, four of the seven units are leased, bringing in a steady monthly income of $4,600. With great potential for equity growth, this is an excellent investment opportunity! Unit D is ready to be leased. The duplex that contains units G and H are in need of a major plumbing repair (see documents for estimate).
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Zoning Resid Multi-Family
Interior
Interior Features Floor Vinyl, Floor WW Carpet
Appliance Refrigerator, Stove/Oven Electric
Exterior
Pool None
Utilities Available Electric, Public Water
Private Pool No
Building
Lot Description Wooded
Story 1.0
Structure Type Foundation Off Grade,Frame,Roof Composite Shngl,Siding Wood,Trim Wood
Construction Status Construction Complete
Schools
Elementary Schools Kenwood
Others
Energy Description AC - Central Elect,Water Heater - Elect
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Bought with Coastal Realty Services