UNDER CONTRACT - ACCEPTING BACK UPS!
INVESTOR'S DREAM!!!
Unbelievable Cash Flow opportunity in one of the most desirable locations in Fort Walton Beach!
These 6 Beach Bungalows are the ''Unicorn'' opportunity that everyone dreams about.
Rare oversized .4 acre lot that can be subdivided, or an additional duplex can be added - increasing value exponentially!
Duplex 1: Two 504 sq/ft bungalows, each occupied with leases totaling $2,200+ a month.
Duplex 2: Two 504 sq/ft bungalows, each occupied with leases totaling $2,200+ a month.
Duplex 3: Two 400 sq/ft bungalows, each occupied with leases totaling $2,200+ a month.
Less than 2 minutes to Uptown Station, and 1.5 miles to the Sugar White Sands of the Gulf.
Over $79k annually in rentals. Blink and you'll miss it! The numbers say it all... Nearly 8% annual return on investment (13% including appreciation), and an incredible CAP rate of over 8.5% in an area that has averaged right at 6% all year. The owner lives out of state and can no longer manage this incredible property, so their loss is your gain!!!
Sold for $507,000
$507,000
22 Bobolink St NE, Fort Walton Beach, FL 32548
10beds
2,816sqft
Townhouse
Built in 1956
0.4 Acres Lot
$-- Zestimate®
$180/sqft
$4,306 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,306/mo
Zestimate® history
Owner options
List your home for rent
$4,306/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$4,306/mo
Rent Zestimate®
Refinance and save
$3,264/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,264/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Garrett S Aune 850-588-8908,
Beachy Beach Real Estate
Bought with:
Mandy M Reigart, 3480194
Realty ONE Group Emerald Coast
Source: ECAOR,MLS#: 964673
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
Bedroom
- Description: 1 Bedroom Units
- Level: First
- Area: 99 Square Feet
- Dimensions: 11 x 9
Bedroom
- Description: 2 Bedroom Units
- Level: First
- Area: 96 Square Feet
- Dimensions: 12 x 8
Bedroom
- Description: 2 Bedroom Units
- Level: First
- Area: 80 Square Feet
- Dimensions: 10 x 8
Bathroom
- Description: 1 Bedroom Units
- Level: First
- Area: 32 Square Feet
- Dimensions: 4 x 8
Bathroom
- Description: 2 Bedroom Units
- Level: First
- Area: 32 Square Feet
- Dimensions: 4 x 8
Other
- Description: .40 Acre Lot
- Level: First
- Area: 18750 Square Feet
- Dimensions: 125 x 150
Kitchen
- Description: 1 Bedroom Units
- Level: First
- Area: 73.5 Square Feet
- Dimensions: 7 x 10.5
Living room
- Description: 1 Bedroom Units
- Level: First
- Area: 99 Square Feet
- Dimensions: 11 x 9
Living room
- Description: 2 Bedroom Units (Kitchen/Living Room Combo)
- Level: First
- Area: 161 Square Feet
- Dimensions: 14 x 11.5
Other
- Description: 1 Bedroom Units - Closet
- Level: First
- Area: 8 Square Feet
- Dimensions: 2 x 4
Other
- Description: 2 Bedroom Units - Closet 1
- Level: First
- Area: 8 Square Feet
- Dimensions: 2 x 4
Other
- Description: 2 Bedroom Units - Closet 2
- Level: First
- Area: 8 Square Feet
- Dimensions: 2 x 4
Cooling
- Window Unit(s), Ceiling Fan(s)
Appliances
- Included: Refrigerator
Features
- Flooring: Laminate, Tile
Interior area
- Total structure area: 2,816
- Total interior livable area: 2,816 sqft
Property
Features
- Stories: 1
Lot
- Size: 0.4 Acres
- Dimensions: 128' Street x 125' East x 151' Rear x 125' West
- Features: Level, Sidewalk, Survey Available
Details
- Parcel number: 132S24177200000020
- Zoning description: Resid Multi-Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Block
- Foundation: Slab
- Roof: Flat,Membrane
Condition
- Construction Complete
- New construction: No
- Year built: 1956
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: NORTH HILL GARDENS
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $180/sqft
- Annual tax amount: $4,113
- Date on market: 12/13/2024
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2025 | Sold | $507,000-15.4%$180/sqft |
Source:  ECAOR #964673 Report a problem | ||
| 1/13/2025 | Pending sale | $599,000$213/sqft |
Source: ECAOR #964673 Report a problem | ||
| 12/13/2024 | Listed for sale | $599,000+124.3%$213/sqft |
Source: ECAOR #964673 Report a problem | ||
| 9/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/16/2023 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 9/2/2016 | Sold | $267,000$95/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 32548
Nearby homes
- $507,00010 bd6 ba2.8k sqft22 Bobolink St, Fort Walton Beach, FL 32548Sold
- $--1 bd1 ba462 sqft22 Bobolink St NE #A, Fort Walton Beach, FL 32548Off Market
- $--2 bd1 ba512 sqft22 Bobolink St NE #C, Fort Walton Beach, FL 32548Off Market
- $--2 bd1 ba525 sqft22 Bobolink St NE #E, Fort Walton Beach, FL 32548Off Market
- $--2 bd1 ba550 sqft22 Bobolink St NE #F, Fort Walton Beach, FL 32548Off Market
- $--2 bd1 ba512 sqft22 Bobolink St NE #D, Fort Walton Beach, FL 32548Off Market
- $122,1001 bd1 ba400 sqft22 Bobolink St NE #B, Fort Walton Beach, FL 32548Off Market
- $256,4004 bd2 ba1.3k sqft24 Bobolink St NE, Fort Walton Beach, FL 32548Off Market
Nearby schools
GreatSchools rating
- 5/10Elliott Point Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 7/10Clifford Meigs Middle SchoolGrades: 6-8Distance: 2.8 mi
- 4/10Choctawhatchee Senior High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Elliott Point
- Middle: Meigs
- High: Choctawhatchee
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Florida
- Okaloosa County
- Fort Walton Beach
- 32548
- 22 Bobolink St NE
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Fort Walton Beach Topics
- Apartments for Rent in 32548
- Houses for Sale in 32548
- Houses for Rent in 32548
- 32548 Real Estate
- Fort Walton Beach Condos
- Houses for Sale in Fort Walton Beach
- Newest Listings in Fort Walton Beach
- Fort Walton Beach Home Values
- Fort Walton Beach Real Estate Agents
- Fort Walton Beach Refinance
- Fort Walton Beach Mortgage Rates
