Description of 512 Nw Parkview Road A & B
Attention investors! Duplex investment opportunity in the heart of Fort Walton Beach! 8.5% Gross Cap Rate! Step right into a cash flowing investment property, offering an exceptional ROI for investors looking to expand their rental portfolio. The best part, if you are looking for one more duplex, the sister property, 510 Parkview Rd is also for sale next door, if you want to add another 2 units to your rental portfolio! Unit features a comfortable 2-bedroom, 2-bathroom layout, providing ample living space and strong appeal for long-term tenants. Both Units are currently occupied with two long term leases at $1,600/month, renewing Spring of 2027. The functional floor plans offer spacious living areas with beautiful brick, wood burning fireplaces, recently updated kitchens, private bedrooms, and two full bathrooms per unit. Two separate residences under one roof. Conveniently located near local shopping, dining, schools, military installations, entertainment, and the beautiful Emerald Coast beaches, this property puts residents close to everything Fort Walton Beach has to offer. Whether you're an experienced investor or newer, this duplex offers versatility, location, and income-producing returns in a highly desirable Northwest Florida market. New roof was installed in 2025. These rarely come to the market. Don't miss your chance to own a great income producing asset.
Legal Description
JACKSONS HTS S/D LOT 11 BLK 6
Features of 512 Nw Parkview Road A & B
| MLS® # | 1011121 |
|---|---|
| Price | $450,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,356 |
| Year Built | 1985 |
| Type | Duplex |
| Sub-Type | Duplex |
| Style | Duplex |
| Status | Active |
Community Information
| Address | 512 Nw Parkview Road A & B |
|---|---|
| Area | 12 - Fort Walton Beach |
| Subdivision | Golf view on Parkview |
| City | Fort Walton Beach |
| County | Okaloosa |
| State | FL |
| Zip Code | 32547 |
Amenities
| Utilities | Electric, Gas - Natural, Public Sewer, Public Water, TV Cable |
|---|
Interior
| Interior Features | Cathedral Ceiling(s), Fireplace, Newly Painted, Pantry, Split Bedroom, Washer/Dryer Hookup |
|---|---|
| Appliances | Dishwasher, Disposal, Range Hood, Refrigerator, Gas Water Heater |
| Heating | Central, Gas - Natural |
| Cooling | Central Air, Ceiling Fan(s) |
Exterior
| Exterior Features | Private Yard, Sprinkler System, Rain Gutters |
|---|---|
| Lot Description | On Golf Course, Level, Survey Available |
| Windows | Window Treatments |
| Roof | Shingle |
| Construction | Concrete, Frame, Brick, Siding Vinyl, Trim Vinyl |
School Information
| Elementary | Edwins |
|---|---|
| Middle | Pryor |
| High | Choctawhatchee |
Additional Information
| Zoning | City, Resid Multi-Family |
|---|
Listing Details
| Office | LPT Realty LLC |
|---|
