Sold for $490,000

$490,000

40 Wright Pkwy NW #A, Fort Walton Beach, FL 32548

5beds

2,478sqft

Townhouse

Built in 1977

5,100 Square Feet Lot

$-- Zestimate^®

$198/sqft

$2,682 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,682/mo

Zestimate^® history

Owner options

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$2,682/mo

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$2,682/mo

Rent Zestimate^®

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$3,172/mo

Est. payment

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$3,172/mo

Est. payment

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What's special

Indoor laundry roomTwo-story layoutsCovered entryway

Excellent Investment Opportunity! This well-maintained triplex in Fort Walton Beach offers strong rental income potential. Units 1 and 3 each feature 2 bedrooms and 1 bathroom, while Unit 2 includes 1 bedroom, 1 bathroom, and a small bonus room—perfect for an office or extra storage. All three units are two-story layouts and include a covered entryway, indoor laundry room, and open patio with a private fenced yard. Conveniently located just 0.3 miles from Highway 98, this property combines comfort, functionality, and a prime location ideal for tenants. Unit #1 was updated Aug '25 and is vacant. Unit #2 is renewed on a 1 year lease and includes updates to the bathroom. Unit #3 is occupied and has no updates.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Bedroom

Level: Second
Area: 156 Square Feet
Dimensions: 12 x 13

Bedroom

Level: Second
Area: 144 Square Feet
Dimensions: 12 x 12

Bedroom

Level: Second
Area: 120 Square Feet
Dimensions: 12 x 10

Bedroom

Level: Second
Area: 120 Square Feet
Dimensions: 12 x 10

Kitchen

Level: First
Area: 120 Square Feet
Dimensions: 12 x 10

Living room

Level: First
Area: 195 Square Feet
Dimensions: 13 x 15

Living room

Level: First
Area: 132 Square Feet
Dimensions: 12 x 11

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Refrigerator, Electric Water Heater
Laundry: Washer/Dryer Hookup

Features

Flooring: Vinyl, Carpet

Interior area

Total structure area: 2,478
Total interior livable area: 2,478 sqft

Property

Features

Stories: 2
Patio & porch: Patio
Fencing: Privacy

Lot

Size: 5,100 Square Feet
Dimensions: 75 x 68
Features: Dead End

Details

Parcel number: 092S2418600003007A
Zoning description: City, Resid Multi-Family

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse

Materials

Frame, Siding Brick Some, Wood Siding, Trim Wood
Roof: Composition

Condition

Construction Complete
New construction: No
Year built: 1977

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: OAKLAND ADDN

Location

Region: Fort Walton Beach

Financial & listing details

Price per square foot: $198/sqft
Date on market: 8/11/2025

Price history

Date	Event	Price
10/2/2025	Sold	$490,000+2.1%$198/sqft
Source: ECAOR #982835 Report a problem
8/14/2025	Pending sale	$479,900$194/sqft
Source: ECAOR #982835 Report a problem
8/11/2025	Listed for sale	$479,900$194/sqft
Source: ECAOR #982835 Report a problem