Investor opportunity in Fort Walton Beach! This 3-bedroom, 1-bath concrete block home offers 1,280 sq ft with a functional layout and additional living space with expansion potential. Major systems already updated: roof (2019), HVAC (2019), and water heater (2018). Property includes a covered carport and storage/laundry area. Ideal for renovation, resale, or rental portfolio addition. Convenient location near Eglin AFB, Hurlburt Field, shopping, and schools. Property sold as-is. Great opportunity for investors looking for their next project.
Sold for $165,000
$165,000
518 Marlowe Dr, Fort Walton Beach, FL 32547
3beds
1,280sqft
Single Family Residence
Built in 1967
8,712 Square Feet Lot
$170,800 Zestimate®
$129/sqft
$1,710 Estimated rent
Home value
$170,800
$162,000 - $179,000
$1,710/mo
Zestimate® history
Owner options
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$1,710/mo
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Refinance and save
$1,112/mo
Est. payment
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$1,112/mo
Est. payment
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List your homeWhat's special
Covered carport
Zillow last checked:
Listing updated:
Listed by:
Chris Carter 850-865-7975,
Real Broker LLC,
Angela M Huffine 850-225-0228,
Real Broker LLC
Bought with:
Shannon L Amos, 3378048
World Impact Real Estate
Source: ECAOR,MLS#: 1001617
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: First
- Dimensions: 0 x 0
Bathroom
- Level: First
- Dimensions: 0 x 0
Kitchen
- Description: Dining/Kitchen Combo
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Gas Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Flooring: Parquet, Tile
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,280
- Total interior livable area: 1,280 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport
- Carport spaces: 1
Features
- Stories: 1
- Exterior features: Private Yard, Lawn Pump
- Fencing: Chain Link
Lot
- Size: 8,712 Square Feet
- Dimensions: 70 x 130
- Features: Interior Lot, Level
Details
- Additional structures: Yard Building
- Parcel number: 012S24270B000B0010
- Zoning description: County, Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco, Trim Wood
- Foundation: Slab
Condition
- Construction Complete,Needs Work
- New construction: No
- Year built: 1967
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: WINTHROP PLACE, 1st Addition
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $129/sqft
- Tax assessed value: $169,079
- Annual tax amount: $2,074
- Date on market: 4/27/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Sold | $165,000-5.7%$129/sqft |
Source:  ECAOR #1001617 Report a problem | ||
| 5/1/2026 | Pending sale | $175,000$137/sqft |
Source: ECAOR #1001617 Report a problem | ||
| 4/27/2026 | Listed for sale | $175,000$137/sqft |
Source: ECAOR #1001617 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,074 +6.2% | $169,079 +8.6% |
| 2024 | $1,953 +4.6% | $155,741 -4.2% |
| 2023 | $1,867 +7.9% | $162,486 +7.7% |
| 2022 | $1,730 +14.8% | $150,809 +28.2% |
| 2021 | $1,507 +9.5% | $117,616 +10.6% |
| 2020 | $1,377 +7% | $106,374 +8.4% |
| 2019 | $1,287 +5.2% | $98,101 +6.5% |
| 2018 | $1,223 | $92,135 +3.5% |
| 2017 | $1,223 +3% | $89,062 +3.3% |
| 2016 | $1,187 +3.9% | $86,231 +6% |
| 2015 | $1,143 +4.4% | $81,371 +4.2% |
| 2014 | $1,094 | $78,058 +3.7% |
| 2013 | -- | $75,294 +13.2% |
| 2012 | -- | $66,530 -0.9% |
| 2011 | -- | $67,111 -1.6% |
| 2010 | -- | $68,214 -5.8% |
| 2009 | -- | $72,450 -4.7% |
| 2008 | -- | $75,993 -3.4% |
| 2007 | -- | $78,644 +4.7% |
| 2006 | -- | $75,115 +19.5% |
| 2005 | -- | $62,852 +15.3% |
| 2004 | -- | $54,511 +7.9% |
| 2003 | -- | $50,527 +2.8% |
| 2002 | -- | $49,149 +1.7% |
| 2001 | -- | $48,320 |
Find assessor info on the county website
Neighborhood: Ocean City
Nearby homes
- $275,3004 bd1 ba1.2k sqft516 Marlowe Dr, Fort Walton Beach, FL 32547Off Market
- $265,3005 bd2 ba2k sqft520 Marlowe Dr, Fort Walton Beach, FL 32547Off Market
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- $163,0003 bd1 ba1.1k sqft514 Marlowe Dr, Fort Walton Beach, FL 32547Off Market
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- $300,0003 bd2 ba1.4k sqft504 Winthrop St, Fort Walton Beach, FL 32547Sold
- $207,3003 bd2 ba1.4k sqft519 Marlowe Dr, Fort Walton Beach, FL 32547Off Market
Nearby schools
GreatSchools rating
- 7/10Shalimar Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 5/10W. C. Pryor Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Choctawhatchee Senior High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Shalimar
- Middle: Pryor
- High: Choctawhatchee
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Okaloosa County
- Fort Walton Beach
- 32547
- Ocean City
- 518 Marlowe Dr
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