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818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
818 Lark Street 1, 2, 3, 4
VIEW PHOTOS
Courtesy of Coldwell Banker Realty
$575,000

818 Lark Street 1, 2, 3, 4

8 Beds 4 Baths 2,750 Sq.Ft. 0.47 Acres

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 Street 1, 2, 3, 4, Fort Walton Beach, FL 32547

Status

For Sale
Tamela Hayes

Tamela Hayes

TITLE

REALTOR®

Property Amenities

Interior
Appliances Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Gas, Water Heater - Elect
Total Bedrooms: 8
Full Bathrooms: 4
Other Interior Features Washer/Dryer Hookup
Area & Lot
Total area 2,750 Sq.Ft.
Lot Area 0.47 Acres
Living area 2,750 Sq.Ft.
MLS® ID 976434
Year Built 1982
High School Choctawhatchee
Middle School Pryor
Elementary School Kenwood
Architecture Styles Duplex
Type Townhouse
Status For Sale
Exterior
Stories 1
Air conditioning Wall/Window Unit(s), Central Air
Heat type Central
Garage Space 1.0
Parking See Remarks
Utilities Electric, Public Water
Finance
Sales Price $575,000
Real Estate Tax $3,224 yearly
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Thank you for your interest in 818 Lark Street 1, 2, 3, 4, Fort Walton Beach, FL 32547. We are reviewing your request and will be in touch shortly!

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Fort Walton Beach

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