Donna Hodges

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Listing provided courtesy of Coldwell Banker Realty- MLS# 666662MLS Provider

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

Multi-Family · 9 Beds · 6 Full Baths · 800 Sq. ft.
$611,408 Active

818 Lark St, Fo Lark Ave #1,2,3,4 Overview

Time on Site:
371 days
Visits:
0

xceptional Investment Opportunity - Fully-Occupied Multi-Family Properties! This is your chance to secure a rare, income-producing property with incredible potential. Located in an unincorporated tax district of Fort Walton Beach, Florida, this investment offers valuable tax advantages and added flexibility for future development or management. Comprised of two parcels (818 and 816 Lark Street - see MLS#976432) with a total of four single-story duplexes and 8 individual units. Seven units are two-bedroom, one-bath apartments with a combined kitchen and living area, covered back patios, and washer/dryer hookups. Private parking is available for each unit, enhanced by streetlamp lighting for added safety. Seller only interested in selling both parcels together. One premium unit includes 3 bedrooms, 3 bathrooms, a garage, and a large-screened porch. Additionally, there is an onsite storage/utility shed. This property is fully-occupied ensuring immediate cash flow. Conveniently located just 2 minutes from Eglin AFB and 5 minutes to Hurlburt Field, with top shopping and dining just minutes away. With its multi-family zoning, unincorporated tax district location, and turnkey condition, this property is a true standout. Don't miss out! call today for more details.

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818 Lark St, Fo Lark Ave #1,2,3,4 Facts & Features

  • Type Multi-Family
  • Sq. ft. 800
  • Price/Sq.ft. $764

Details

General

School Information

  • Elementary School: Local School In County
  • Middle Or Junior School: LOCAL SCHOOL IN COUNTY
  • High School: Local School In County

Income/Expenses

  • Net Operating Income: 89033
  • Operating Expense: 16506
  • Operating Expense Includes: Insurance,Professional Management,Services

Building Information

  • Building Name: None
  • New Construction: No
  • Year Built: 1982

Location/Region

  • Country: US
  • County Or Parish: Okaloosa
  • Subdivision Name: Forest Heights

Rent/Lease Information

  • Lease Considered: No
  • Lease Term: 12 Months
  • Tenant Pays: Cable TV,Electricity,Internet,Telephone,Water/Sewer

General Information

  • Parcel Number: 261S24095000030050
  • Property Condition: Resale
  • Property Sub Type: Apartment
  • Property Type: Residential Income

Interior

Parking Information

  • Garage Spaces: 1
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Total: 6
  • Bedrooms Total: 9

Building Interior

  • Building Area Total: 22233
  • Building Area Units: Square Feet

General Information

  • Appliances: Electric Water Heater,Refrigerator
  • Electric: Copper Wiring
  • Flooring: Tile,Carpet
  • Foundation Details: Slab
  • Leasable Area Units: Square Feet
  • Levels: One
  • Living Area: 800
  • Living Area Units: Square Feet
  • Stories: 1

Unit Information

  • Unit Number: 1,2,3,4

Exterior

Parking Information

  • Parking Features: Garage,2 Space/Unit,Assigned,Parking Lot
  • Parking Total: 1

Lot Information

  • Lot Features: Central Access
  • Lot Size Units: Acres
  • Road Responsibility: County Maintained Road
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Brick,Frame
  • Patio And Porch Features: Patio,Porch
  • Roof: Composition

General Information

  • Carport: No
  • Covered Spaces: 1
  • Horse: No
  • Number Of Units Total: 4
  • Other Structures: Yard Building
  • Pool Features: None
  • Sewer: Public Sewer

818 Lark St, Fo Lark Ave #1,2,3,4 Neighborhood

Community

32547 (Ft Walton Beach) Demographics

36
Median Age
943
Population Density (per sq. mile)
39%
College Educated
$53,236
Estimated Median Income
7,246
Estimated Total Home Owners
6,986
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

818 Lark St, Fo Lark Ave #1,2,3,4 Monthly Cost

$
$ %
%
$
$
Meredith Medvec
Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

818 Lark St, Fo Lark Ave #1,2,3,4 Market Data

Based on the last 30 days in this zip code

$411,377
Average List Price
$226
Average Price per Square Foot
5
Properties Sold
98
Average Days on Market
202
Properties for Sale
Calculations provided by Reliance Network

818 Lark St, Fo Lark Ave #1,2,3,4 History

Date Event Value Agent
5/28/2026Source: Pensacola MLS Added to Database
May 28, 2026