30A Luxury Lifestyle

Fourplex

706 Shady Ln Drive A/B/C/D

Fort Walton Beach , FL 32547

MLS#: 925508

$485,000

Status: Closed
Listing number: 925508
Listing provided by: RE/MAX Coastal Properties
Listing agent phone: None
Last update: 1 year, 2 months ago
On site: 2 years ago
Browse Properties
FIELD S/D - Residential

Property

Beds

8

Full Baths

4

1/2 Baths

None

Year Built

1979

Sq.Footage

3,068

Discover this investment gem: a quad-plex consisting of two duplexes, each unit consists of 2 bed 1 bath. Unit D has been modernized a few years ago with brown cabinets, newer AC/Heat and Unit C receiving fresh updates in April 2023 with white shaker cabinets, LVP flooring and a new AC/Heat. Units A & B hold potential for value-add opportunities, but both have newer AC/Heat plus the water heaters are less than 10 years old. Situated in a tax-favorable opportunity zone, this property also boasts proximity to Eglin and Hurlburt AFB, offering a strategic advantage. Units A,B, and D are all month to moth tenants, Unit C lease expires in April 2024.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.44

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Fourplex

Price

  • Sales Price

    $485,000

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    3, 068

  • Price/SqFt

    $158

HOA

  • Association

    No

School District

  • Elementary School

    Wright

  • Middle School

    Bruner

  • High School

    Fort Walton Beach

Property Features

  • Stories

    1

  • Sewer

    Public Sewer

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Location

County

Okaloosa

Elementary School

Wright

Middle School

Bruner

High School

Fort Walton Beach

Listing Courtesy of Chris Carter , RE/MAX Coastal Properties

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Discover this investment gem: a quad-plex consisting of two duplexes, each unit consists of 2 bed 1 bath. Unit D has been modernized a few years ago with brown cabinets, newer AC/Heat and Unit C receiving fresh updates in April 2023 with white shaker cabinets, LVP flooring and a new AC/Heat. Units A & B hold potential for value-add opportunities, but both have newer AC/Heat plus the water heaters are less than 10 years old. Situated in a tax-favorable opportunity zone, this property also boasts proximity to Eglin and Hurlburt AFB, offering a strategic advantage. Units A,B, and D are all month to moth tenants, Unit C lease expires in April 2024.

706 Shady Ln Drive A/B/C/D

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