$397,000

125 Beal Pkwy SE Fort Walton Beach, FL 32548

Estimated payment $2,356/month

Total Views 436
4 Beds
4 Baths
2,550 Sq Ft
$156 Price per Sq Ft

Highlights

  • Bonus Room
  • Porch
  • Heating System Mounted To A Wall or Window
  • Choctawhatchee Senior High School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

Excellent opportunity with strong potential and excellent location! This property features four individual units totaling approximately 2,550 square feet. Each unit offers 1 bedroom, 1 bathroom, a living room, and an additional bonus room that could serve as a second bedroom or office. This four-plex is conveniently located on Beal and just minutes from downtown, the property is zoned commercial and offers flexibility for future use. To the seller's knowledge, the property will require a full renovation, but presents significant upside for the right buyer. Please do not disturb tenants. Be sure to schedule your appointment today. This property needs significant work and can also be purchased as a land only sale. Buyer to verify all measurements and pertinent data.

Listing Agent

Lars Rygaard

World Impact Real Estate Listed on: 09/11/2025

World Impact Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,889

Year Built

  • Built in 1951

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70 x 100
  • Back Yard Fenced

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property
  • Bonus Room
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Edwins Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • Gibson Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13-2S-24-1050-000K-0080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,889

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 70 x 100
  • Road Surface Type: Paved
  • Co List Office Mls Id: EWOR
  • Co List Office Phone: 850-225-7000
  • Subdivision Name: GIBSON ADDN
  • Directions: From Miracle Strip (US 98) and Beal travel North on Beal and property will be on your left
  • Architectural Style: Fourplex
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1951
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Bonus Room: Yes
  • Energy:AC - WindowWall: Yes
  • Energy:Heat - WallWindow: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished - None
  • Appliances: Refrigerator, Stove/Oven Electric, Water Heater - Elect
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Appliances:StoveOven Electric: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Construction Type: Brick
  • Exterior Features: Fenced Back Yard
  • Patio And Porch Features: Porch
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Exterior:Fenced Back Yard: Yes
  • ConstructionSiding:Brick: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Heat - Wall/Window
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water

Schools

  • Elementary School: Edwins
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 13-2S-24-1050-000K-0080
  • Zoning: Commercial, Resid Multi-Family

Tax Info

  • Tax Annual Amount: 2889.0
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,711 $212,421 $104,352 $108,069
2023 $2,711 $195,348 $94,727 $100,621
2022 $2,920 $182,820 $90,216 $92,604
2021 $2,764 $160,160 $80,550 $79,610
2020 $2,657 $153,500 $78,970 $74,530
2019 $2,383 $151,710 $78,970 $72,740
2018 $2,306 $144,196 $0 $0
2017 $2,180 $134,396 $0 $0
2016 $2,062 $127,716 $0 $0
2015 $2,084 $126,161 $0 $0
2014 $2,080 $124,706 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 For Sale $397,000 -- $156 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $114,000 Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Closed $3,565 Seller Take Back
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 985178

Emerald Coast Association of REALTORS®

APN: 13-2S-24-1050-000K-0080

Florida Okaloosa County Fort Walton Beach 32548

125 Beal Pkwy SE, Fort Walton Beach, FL

This home is located at 125 Beal Pkwy SE, Fort Walton Beach, FL 32548 and is currently priced at $397,000, approximately $155 per square foot. This property was built in 1951. 125 Beal Pkwy SE is a home with nearby schools including Elliott Point Elementary School, Clifford Meigs Middle School, and Choctawhatchee Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Lars Rygaard
Listing Agent
Lars Rygaard
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World Impact Real Estate
(448) 233-4829