Listing provided courtesy of KELLER WILLIAMS REALTY EMERALD COAST WEST BRANCH- MLS# 573556 Sold by Levin Rinke RealtyMLS Provider

1 Bayou DrFt Walton Beach, FL 32547

Multi-Family · 6 Beds · 6 Full Baths · 5,212 Sq. ft.
$910,000 Sold
Sold on 10/2/2020

1 Bayou Dr Overview

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Attention investors! This remodeled turnkey waterfront investment property located at the end of a quiet street is now on the market! Close to bases, hospitals, shopping, and more. This six unit apartment building has been renovated and is generating great income. Five of the units are leased and one unit is being rented as an AirBnB with fantastic rental history and reviews. In total, the units are bringing in over $11,000 per month! Would also be perfect for an owner/investor who wants a beautiful waterview home and to manage the units onsite. It is like buying your own income producing real estate business! Firepit area next to the water is the perfect place to relax or launch a kayak. All units are being sold fully furnished. All units are 1 bd/1 bath.

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1 Bayou Dr Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,212
  • Price/Sq.ft. $175

Details

General

School Information

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

Listing Information

  • Buyer Financing: Other
  • Concessions: No

Building Information

  • Building Name: None
  • Year Built: 1976

Location/Region

  • Country: US
  • County Or Parish: Okaloosa
  • Subdivision Name: None

Rent/Lease Information

  • Lease Considered: No

General Information

  • Parcel Number: 012S24261000010010
  • Property Sub Type: Apartment
  • Property Type: Residential Income

Interior

Beds/Baths

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

Building Interior

  • Building Area Total: 5212
  • Building Area Units: Square Feet

General Information

  • Electric: Circuit Breakers,Copper Wiring
  • Leasable Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior

Lot Information

  • Frontage Length: Water Frontage(186)
  • Lot Features: Cul-De-Sac
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront Features: Canal Front,Waterfront,Block/Seawall
  • Waterfront: Yes

Building Exterior/Construction

  • Roof: Shingle

General Information

  • Horse: No
  • Number Of Units Total: 6

1 Bayou Dr Neighborhood

Community

32547 (Fort 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.

1 Bayou Dr Market Data

Based on the last 30 days in this zip code

$412,937
Average List Price
$228
Average Price per Square Foot
47
Properties Sold
97
Average Days on Market
202
Properties for Sale
Calculations provided by Reliance Network