818 Lark St Unit 1, 2, 3, 4 Fort Walton Beach, FL 32547
Wright NeighborhoodEstimated payment $3,514/month
Total Views
539
8
Beds
4
Baths
2,750
Sq Ft
$222
Price per Sq Ft
Highlights
- 0.47 Acre Lot
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Choctawhatchee Senior High School Rated A-
- Living Room
- Dining Room
About This Home
Exceptional Investment Opportunity - Fully-Occupied Multi-Family Properties!This is your chance to secure a rare, income-producing property with incredible potential. Located in an unincorporated tax district of Fort Walton Beach, Florida, this investment offers valuable tax advantages and added flexibility for future development or management.Comprised of two parcels (818 and 816 Lark Street - see MLS#976432) with a total of four single-story duplexes and 8 individual units. Seven units are two-bedroom, one-bath apartments with a combined kitchen and living area, covered back patios, and washer/dryer hookups. Private parking is available for each unit, enhanced by streetlamp lighting for added safety. Seller only interested in selling both parcels together. One premium unit includes 3 bedrooms, 3 bathrooms, a garage, and a large-screened porch. Additionally, there is an onsite storage/utility shed. This property is fully-occupied ensuring immediate cash flow. Conveniently located just 2 minutes from Eglin AFB and 5 minutes to Hurlburt Field, with top shopping and dining just minutes away. With its multi-family zoning, unincorporated tax district location, and turnkey condition, this property is a true standout. Don't miss out! call today for more details.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,224
Year Built
- Built in 1982
Lot Details
- 0.47 Acre Lot
- Property fronts a county road
Parking
- 1 Car Garage
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 2,750 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Fire and Smoke Detector
- Exterior Washer Dryer Hookup
Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Range Hood
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Schools
- Kenwood Elementary School
- Pryor Middle School
- Choctawhatchee High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Forest Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 26-1S-24-0950-0003-0050
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,035 | $286,553 | $54,701 | $231,852 |
| 2023 | $3,035 | $274,796 | $49,656 | $225,140 |
| 2022 | $2,805 | $253,313 | $47,291 | $206,022 |
| 2021 | $2,354 | $183,150 | $33,508 | $149,642 |
| 2020 | $2,266 | $175,019 | $32,851 | $142,168 |
| 2019 | $2,644 | $213,582 | $75,724 | $137,858 |
| 2018 | $2,387 | $186,830 | $0 | $0 |
| 2017 | $2,196 | $172,046 | $0 | $0 |
| 2016 | $1,899 | $143,263 | $0 | $0 |
| 2015 | $1,803 | $134,062 | $0 | $0 |
| 2014 | $1,813 | $134,686 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Price Changed | $611,408 | -17.2% | $222 / Sq Ft |
| 05/30/2025 05/30/25 | Price Changed | $738,580 | -45.3% | $269 / Sq Ft |
| 05/19/2025 05/19/25 | For Sale | $1,350,000 | -- | $491 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $164,300 | Twin Cities Land Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $114,950 | Commercial |
Source: Public Records
Similar Homes in Fort Walton Beach, FL
Source: Emerald Coast Association of REALTORS®
MLS Number: 976434
APN: 26-1S-24-0950-0003-0050
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