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818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4
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Courtesy of Coldwell Banker Realty
$575,000

818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4

9 Beds 6 Baths 800 Sq.Ft.

Description

Investment Opportunity - Fully Occupied. Owner financing is available with $500,000 down, a 6.5% interest rate, 30-year amortization, and a 3-year balloon payment. Seize this rare chance to acquire a fully occupied, income-producing multi-family portfolio delivering strong cash flow and outstanding long-term investment potential. Situated in a desirable county location, the property provides potential tax advantages and added flexibility for management and future ownership. This portfolio includes two parcels (816 & 818 Lark St - see MLS #976432) with four single-story duplexes, totaling eight rental units. Seven units offer 2 bedrooms, 1 bathroom, open kitchen and living areas, covered back patios, washer/dryer hookups, and individual central heat and air systems. Dedicated parking, concrete driveways, and enhanced street lighting add to the property's appeal and functionality. Unit 8 at 816 Lark presents an exceptional opportunity for an owner-occupant or investor seeking to offset living expenses with rental income. This spacious unit boasts 3 bedrooms, 3 full bathrooms, a dedicated office/flex room, an attached one-car garage, a large, screened porch, and a private irrigation well for future landscaping. Conveniently located just 2 minutes from Eglin AFB and 5 minutes from Hurlburt Field, this property is also near shopping, dining, beaches, and everyday amenities--making it highly attractive to both military and civilian tenants. Both parcels are offered together. The current gross rental income is approximately $9,130 per month. Proof of annual property tax and insurance payments will be required during the financing term. This is an outstanding opportunity to acquire a turnkey investment with stable income, flexible financing options, and the added benefit of potential owner-occupancy.

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Location

818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4, Ft Walton Beach, FL 32547

Status

For Sale
Tamela Hayes

Tamela Hayes

TITLE

REALTOR®

Property Amenities

Interior
Appliances Electric Water Heater, Refrigerator
Flooring Tile, Carpet
Total Bedrooms: 9
Full Bathrooms: 6
Area & Lot
Total area 22,233 Sq.Ft.
Living area 800 Sq.Ft.
MLS® ID 666662
Year Built 1982
High School Local School In County
Middle School LOCAL SCHOOL IN COUNTY
Elementary School Local School In County
Type Condo
Status For Sale
Exterior
Stories 1
Pool None
Air conditioning Central Air
Heat type Central
Water Source Public
Garage Space 1.0
Sewer Public Sewer
Parking Garage, 2 Space/Unit, Assigned, Parking Lot
Lot Features Central Access
Roof Composition
Finance
Sales Price $575,000
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Thank you for your interest in 818 Lark St, Fo Lark Ave # 4 Unit: 1,2,3,4, Ft Walton Beach, FL 32547. We are reviewing your request and will be in touch shortly!

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