40 NW Wright Parkway #A Pending Save Request In-Person Tour Request Virtual Tour
Fort Walton Beach,FL 32548
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,478 sqft
Price per Sqft $193
Subdivision Oakland Addn
MLS Listing ID 982835
Bedrooms 5
Full Baths 3
Construction Status Construction Complete
HOA Y/N No
Year Built 1977
Property Sub-Type Triplex
Property Description
Excellent Investment Opportunity! This well-maintained triplex in Fort Walton Beach offers strong rental income potential. Units 1 and 3 each feature 2 bedrooms and 1 bathroom, while Unit 2 includes 1 bedroom, 1 bathroom, and a small bonus room--perfect for an office or extra storage. All three units are two-story layouts and include a covered entryway, indoor laundry room, and open patio with a private fenced yard. Conveniently located just 0.3 miles from Highway 98, this property combines comfort, functionality, and a prime location ideal for tenants. Unit #1 was updated Aug '25 and is vacant. Unit #2 is renewed on a 1 year lease and includes updates to the bathroom. Unit #3 is occupied and has no updates.
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Zoning City,Resid Multi-Family
Rooms
Kitchen First
Interior
Interior Features Floor Vinyl,Floor WW Carpet,Washer/Dryer Hookup
Appliance Dishwasher,Refrigerator,Stove/Oven Electric
Exterior
Exterior Feature Fenced Privacy,Patio Open
Pool None
Utilities Available Electric,Public Sewer,Public Water
Private Pool No
Building
Lot Description Dead End
Story 2.0
Structure Type Frame,Roof Composite Shngl,Siding Brick Some,Siding Wood,Trim Wood
Construction Status Construction Complete
Schools
Elementary Schools Edwins
Others
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect