1002 High Grove Court, Fort Walton Beach, FL 32547 (MLS# 935509)

Description

***INVESTORS 8.04% CAP RATE *** ''Duplex'' style Split Level Unit*** NEW ROOF, NEW HVAC, NEW HWH to be paid by Seller at closing. One unit occupied at $1,790 / month, one unit Vacant for buyer/owner; or Seller will PLACE TENANT FOR YOU prior to closing. This property represents a phenomenal opportunity for someone to offset cost of living by renting one unit and living in the other, OR, to simply pull a true 8%++CAP RATE which is not so common anymore. Each unit features its own full kitchen, full bath, and Privacy Fenced Back Yard. Equally, each unit has ample areas in which a New Owner may ''force appreciate'', or perform minor updates to greatly INCREASE RENT! This unique property holds great opportunity for the right Investor / Owner. Call TODAY to schedule a show!

Status Change Info

Status: Sold Under Contract Date: 2023-11-03 Sold Date: 2024-01-10 Sold Price: $369,000 Sold Price/SqFt: 192.19

Contract Info

List Date: 2023-10-27 Current Price: $369,000 List Price: $369,000 List Price/SqFt: 192.19 Listing Board: Emerald Coast

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 1002 Street Name: High Grove Street Suffix: Court State: FL Zip Code: 32547 County: Okaloosa Project Name/Subdivision: HIGH GROVE PLANTATION Parcel ID: 03-2S-24-1220-0000-0200

General Property Info

Sub-Type: Detached Single Family Design: Split Level Apx SqFt(Htd/Cooled): 1920 SqFt Source: Appraiser Bedrooms: 4 Full Baths: 2 Total Bathrooms: 2 # Stories: 2 Year Built: 1981 Immediate Occupancy: Yes Garage: No Carport: No Driveway Spaces: 4 Acreage: 0.17 Pool: No Pool Type: None

Property Features

Construction Status: Construction Complete Lot Features: Cleared; Dead End; Interior; Level Zoning: Resid Single Family Exterior: Balcony; Deck Enclosed; Fenced Back Yard; Fenced Cross; Fenced Privacy; Rain Gutter; Yard Building Interior: Floor Tile; Floor WW Carpet; Furnished - None; Lock Out; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Range Hood; Refrigerator; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Double Pane Windows; Heat - Radiant Floor; Heat - Two or More; Heat Cntrl Electric; Water Heater - Elect Bedroom: First; Second Kitchen: First; Second Living Room: First; Second Full Bathroom: First; Second Rooms: Bedroom; Florida Room; Full Bathroom; Kitchen; Living Room Existing Leases: 7 - 12 Months; Negotiable; Option To Renew

Room Information

Bedroom Level: First Dimensions: 11 x 12 Length: 11.00 Width: 12.00 Remarks: *dimensions are approximate* Dimensions: 11 x 12 Bedroom Level: First Dimensions: 11 x 13 Length: 11.00 Width: 13.00 Remarks: *dimensions are approximate* Dimensions: 11 x 13 Bedroom Level: Second Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Remarks: *dimensions are approximate* Dimensions: 12 x 12 Bedroom Level: Second Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Remarks: *dimensions are approximate* Dimensions: 12 x 12 Full Bathroom Level: First Dimensions: 8 x 8 Length: 8.00 Width: 8.00 Remarks: *dimensions are approximate* Dimensions: 8 x 8 Full Bathroom Level: Second Dimensions: 8 x 8 Length: 8.00 Width: 8.00 Remarks: *dimensions are approximate* Dimensions: 8 x 8 Kitchen Level: First Dimensions: 8 x 8 Length: 8.00 Width: 8.00 Remarks: *dimensions are approximate* Dimensions: 8 x 8 Kitchen Level: Second Dimensions: 8 x 8 Length: 8.00 Width: 8.00 Remarks: *dimensions are approximate* Dimensions: 8 x 8 Living Room Level: First Dimensions: 12 x 14 Length: 12.00 Width: 14.00 Remarks: *dimensions are approximate* Dimensions: 12 x 14 Living Room Level: Second Dimensions: 12 x 18 Length: 12.00 Width: 18.00 Remarks: *dimensions are approximate* Dimensions: 12 x 18 Florida Room Level: Second Dimensions: 8 x 24 Length: 8.00 Width: 24.00 Remarks: *dimensions are approximate* Dimensions: 8 x 24