Address
510 Nw Parkview Road A & B, Fort Walton Beach, FL
Price
$ 450,000
Property Attributes
  • MLS#1011119
  • TypeSingle Family
  • Listing Status Active
  • CountyOkaloosa
  • CityFort Walton Beach
  • AreaFort Walton Beach
  • NeighborhoodGOLF VIEW ON PARKVIEW
  • Zip32547
  • StyleDuplex
  • Year Built1983
  • Taxes$ 3527
  • Price$ 450,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2356
Data Source:
Emerald Coast MLS (ECAR)
Property Description

Attention investors! Duplex investment opportunity in the heart of Fort Walton Beach! Step right into a cash flowing investment property, offering an exceptional ROI for investors looking to expand their rental portfolio. 8.5% Gross Cap Rate! The best part, if you are looking for one more duplex, the sister property, 512 Parkview Rd is also for sale next door, if you want to add another 2 units to your rental portfolio! Each unit features a comfortable 2-bedroom, 2-bathroom layout, providing ample living space and strong appeal for long-term tenants. Both Units are currently occupied with two long term leases at $1,600/month, renewing Spring of 2027. The functional floor plans offer spacious living areas with beautiful brick, wood burning fireplaces, recently updated kitchens, private bedrooms, and two full bathrooms per unit. Two separate residences under one roof. Conveniently located near local shopping, dining, schools, military installations, entertainment, and the beautiful Emerald Coast beaches, this property puts residents close to everything Fort Walton Beach has to offer. Whether you're an experienced investor or newer, this duplex offers versatility, location, and income-producing returns in a highly desirable Northwest Florida market. New roof to be installed in Sept. 2026. These rarely come to the market. Don't miss your chance to own a great income producing asset.

Elementary School Middle School High School
Edwins Elementary School Pryor Middle School Choctawhatchee High School
Price History
9/2/2026 Listed $450,000

General Features

Utilities Electric,Gas - Natural,Public Water,TV Cable
Zoning Resid Multi-Family
Property Subtype Duplex - All Units
Community Features Pets Allowed,Separate Storage
County Okaloosa
Property Type Residential
Subdivision Name GOLF VIEW ON PARKVIEW
Status Active
Buyer Financing Conventional,VA
Directions From Racetrack Rd NW., turn North onto Denton Blvd, for .5 of a mile. Veer left onto Parkview NW Rd., and 510 Parkview Rd. is .2 of a mile on the left. 2 Mins from Racetrack Rd NW.
High School Choctawhatchee
City Fort Walton Beach
MLS Area 12 - Fort Walton Beach
Lot Size Units Acres
Elementary School Edwins
Middle/Junior High School Pryor
MLS Area Minor 1208 - Kenwood/Golf Course
Standard Status Active
Sewer Public Sewer
Heating Central
Cooling Central Air
Patio/Porch Features Patio Open,Porch,Porch Open
Architectural Style Duplex
Construction Materials Concrete,Frame,Siding Vinyl,Trim Vinyl
Year Built 1983
Tax Year 2025
New Construction false
Total Rooms 6
Carport Y/N false
Property Condition Renovated,Construction Complete
Unit Number A & B
Virtual Tour https://www.zillow.com/view-imx/c88afcb7-5312-428a-bb20-a4119ae9e5d9?initialViewType=pano&utm_source=dashboard

Interior Features

Total Baths 4
Interior Amenities Ceiling Cathedral,Fireplace,Pantry,Split Bedroom,Washer/Dryer Hookup
Flooring Floor Tile,Floor Vinyl
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Lot Features Easements,Level,Survey Available
Road Surface Type Paved
Road Frontage Type City Street,Easement
Exterior Amenities Fenced Back Yard,Lawn Pump
Fencing Fenced Lot-All
Building Area Total 2356
Total Parking 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32547

Price
AVG $480K
$450K
Taxes
AVG $3,192
$3,527
Year Built
AVG 1986
1983

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