NOT LISTED FOR SALE

706 Shady Lane Dr Unit A/B/C/D Fort Walton Beach, FL 32547

Wright Neighborhood
8 Beds
4 Baths
3,068 Sq Ft
0.44 Acres

Last Sold August 04, 2023

Last sale price $475,000 $155 Per Sq Ft

12 Days on Market

Highlights

  • 0.44 Acre Lot
  • Interior Lot
  • Tile Flooring
  • Fort Walton Beach High School Rated A
  • Living Room
  • Central Heating and Cooling System

About This Home

As of August 2023

Discover this investment gem: a quad-plex consisting of two duplexes, each unit consists of 2 bed 1 bath. Unit D has been modernized a few years ago with brown cabinets, newer AC/Heat and Unit C receiving fresh updates in April 2023 with white shaker cabinets, LVP flooring and a new AC/Heat. Units A & B hold potential for value-add opportunities, but both have newer AC/Heat plus the water heaters are less than 10 years old. Situated in a tax-favorable opportunity zone, this property also boasts proximity to Eglin and Hurlburt AFB, offering a strategic advantage. Units A,B, and D are all month to moth tenants, Unit C lease expires in April 2024.

Last Agent to Sell the Property

Chris Carter

Real Broker LLC License #3210183 Listed on: 06/14/2023

Real Broker LLC

Last Buyer's Agent

Jennifer Purdy

Coldwell Banker Realty License #3117640

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,190

Year Built

  • Built in 1979

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 91 x 195
  • Property fronts a county road
  • Interior Lot
  • Level Lot

Home Design

  • Quadruplex
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 3,068 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Field S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-2S-24-0900-0007-0040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,190

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Lot Size: 91 X 195
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: FIELD S/D
  • Directions: From Beal Pkwy go west on Lincoln Dr NW. Take a left on Shady Ln. Complex will be on your right.
  • Architectural Style: Fourplex
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1979
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range Hood, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Interior Amenities: Floor Laminate, Floor Tile
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Range Hood: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Lot Features: Interior, Level
  • Construction Type: Concrete, Block, Wood Siding
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Siding Wood: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Parcel #: 03-2S-24-0900-0007-0040
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3190.25
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Off Market $475,000 -- --
08/04/2023 08/04/23 Sold $475,000 -2.1% $155 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $485,000 +260.6% $158 / Sq Ft
05/31/2012 05/31/12 Sold $134,500 0.0% $42 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $134,500 -- $42 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 925508

Emerald Coast Association of REALTORS®