22 NE Bobolink Street A,B,C,D,E,F, Fort Walton Beach, FL 32548

$267,500
Property Type: Commercial for Sale Lot Size (sq. ft.): 17,424 Status: Sold
Current Price: $279,900 List Date: 5/18/2016 Last Modified: 2/20/2025

Description

MULT-FAMILY INVESTORS LOOKING FOR CASH FLOW POTENTIAL in central Fort Walton Beach?? Proximity is close to downtown, Uptown Station and beaches. There are three, one-story duplexes, (2) 2/1's and (4) 2/2's, for a total of 2,816 sqft. New roofs have just been installed on two of the duplexes(Units A,B,C &D) and unit F has recently been updated. Annual gross income is $37,260 with opportunity to improve. Annual expenses are $9,664. Net Income is $27,596. Tenants pay all utilities except water. Good tenant history. Usually always occupied.

More Information MLS# 752903

Contract Info

Listing Board: Emerald Coast List Date: 2016-05-17 List Price: $279,900

Location, Tax and Legal

Unit #: A,B,C,D,E,F Sub Area: 1202 - East Fort Walton Beach Legal Description: NORTH HILL GARDENS 1ST ADD,REPLAT IN BLK 12,LOT 2

General Property Info

Listed on GCCMLS: No Property Information: Multi-Family/Income Producing Vacant: No Immediate Occupancy: No Lot Depth: 126 Lot Frontage: 128 Acreage: 0.4

Listing Info, Tax & Legal

As Is: No

Remarks & Misc

Remarks: MULT-FAMILY INVESTORS LOOKING FOR CASH FLOW POTENTIAL in central Fort Walton Beach?? Proximity is close to downtown, Uptown Station and beaches. There are three, one-story duplexes, (2) 2/1's and (4) 2/2's, for a total of 2,816 sqft. New roofs have just been installed on two of the duplexes(Units A,B,C &D) and unit F has recently been updated. Annual gross income is $37,260 with opportunity to improve. Annual expenses are $9,664. Net Income is $27,596. Tenants pay all utilities except water. Good tenant history. Usually always occupied.

Class

Multi-Family: 1

Construction Status

Existing: 1

Multi-Family

Year Built: 1956 Building SqFt: 2816 # of Units: 6 Scheduled Income: 37260 Expenses: 9664 Cap Rate: 9.9

None

Current Price: $267,500

Status Change Info

Status: Sold Under Contract Date: 2016-05-25 Sold Date: 2016-09-02 Sold Price: $267,500

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 22 Street Direction: NE Street Name: Bobolink Street Suffix: Street State: FL Zip Code: 32548 County: Okaloosa Parcel ID: 13-2S-24-1772-0000-0020

Property Features

Class: Multi-Family Construction Status: Existing

Documents

Listing Office: My Ardor Realty LLC
Last Updated: February - 20 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.