Pending

$216,000

138 Chicago Ave SE, Fort Walton Beach, FL 32548

2beds

1,100sqft

$1,396/mo

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Single Family Residence

Built in 1959

3,484 Square Feet Lot

$206,500 Zestimate^®

$196/sqft

$-- HOA

What's special

Functional layout

CALLING INVESTORS - this 2-bedroom, 2-bath fixer-upper offers an incredible opportunity to create your ideal coastal retreat or income producing property. This home features a functional layout with spacious living and dining areas, ready for your personal updates and vision. Both bedrooms offer ample space, with two full bathrooms providing added convenience for guests or future tenants. The roof was replaced in 2013, Water Heater 2025, giving you a solid starting point as you focus on cosmetic upgrades and improvements. Perfect for investors looking for a strong STR location, flippers, or buyers looking to customize their own home.

115 days

47

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom, Family Room, Kitchen

Bedroom

Level: First
Dimensions: 11 x 11

Bedroom

Level: First
Dimensions: 11 x 11

Family room

Level: First
Dimensions: 11 x 18

Kitchen

Level: First
Dimensions: 11 x 13

Appliances

Included: Electric Oven

Interior area

Total structure area: 1,100
Total interior livable area: 1,100 sqft

Property

Features

Levels: One
Stories: 1

Lot

Size: 3,484 Square Feet

Details

Parcel number: 132S24191003150000
Zoning description: City, Resid Single Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Composition,Shingle

Condition

New construction: No
Year built: 1959

Utilities & green energy

Utilities for property: Electricity Available

Community & HOA

Community

Features: Short Term Rental Allowed
Subdivision: Other

HOA

Has HOA: No

Location

Region: Fort Walton Beach

Financial & listing details

Price per square foot: $196/sqft
Tax assessed value: $100,775
Annual tax amount: $1,277
Date on market: 3/31/2026
Cumulative days on market: 71 days
Electric utility on property: Yes

Estimated market value

$206,500

$196,000 - $217,000

$1,941/mo

Price history

Date	Event	Price
6/9/2026	Pending sale	$216,000$196/sqft
Source: ECAOR #999166 Report a problem
3/28/2026	Listed for sale	$216,000$196/sqft
Source: ECAOR #999166 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,278 +12.4%	$89,953 +10%
2024	$1,137 +3.8%	$81,775 -3.9%
2023	$1,095 -2.4%	$85,090 +8.3%
2022	$1,122 +10.3%	$78,589 +27.1%
2021	$1,017 +9.3%	$61,809 +10.7%
2020	$930 +12.8%	$55,854 +6.4%
2019	$825 +1195.8%	$52,494 +50.2%
2018	$64	$34,951 +2.1%
2017	$64 +4.1%	$34,232 +2.1%
2016	$61 +3.3%	$33,528 +0.7%
2015	$59 -56.8%	$33,295 +0.8%
2014	$137	$33,031 +1.5%
2013	--	$32,543 +1.7%
2012	--	$31,999 +3%
2011	--	$31,067 +1.5%
2010	--	$30,608 +2.7%
2009	--	$29,803 +0.1%
2008	--	$29,773 +6.5%
2007	--	$27,957 +2.5%
2006	--	$27,275 +3%
2005	--	$26,481 +3%
2004	--	$25,710 +1.9%
2003	--	$25,231 +2.4%
2002	--	$24,640 +1.6%
2001	--	$24,252

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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