Ad #7598437
MLS #1000696
INVESTMENT DREAM WITH MAXIMUM FLEXIBILITY! Also great
322 Green Acres Rd, Fort Walton Beach, FL 32547
$625,000
--Beds
--Baths
--Sqft
0.68Acres
About this property
INVESTMENT DREAM WITH MAXIMUM FLEXIBILITY! Also great revelopment parcel, medical etc.Four homes on .68 acres. One 2160sf brick home (3BR, 2BA, with double carport and HVAC system in good working order); one 896sf cedar home (2BR, 2BA, with carport); two clean 784sf mobile homes (2BR, 2BA, with 2-car parking for each, and one with a HVAC system good working order); a 475sf fenced-in workshop/storage area that is usable by owner or rentable. All homes have w/d hookups, and serviced by a central lawn pump. Property suitable for investment, residential and/or commercial applications, zoning compliments commercial use. Current gross income $63k annually Exceptional multi-unit investment opportunity featuring four income-producing residences on one property at 322-324B Green Acres Rd. This well-maintained portfolio offers a diverse unit mix with stable tenancy and strong rental history, making it ideal for investors seeking immediate cash flow. The primary residence at 322 Green Acres Rd. is a 1973 brick home offering 3,636 total square feet (2,167 heated), with 3 bedrooms and 2 baths. This all-electric home features vinyl plank flooring throughout, a functional layout with a dedicated laundry room, fireplace, and a screened back porch. Exterior amenities include a double carport and a large fenced shed (reserved for landlord use). The asphalt roof was replaced in December 2019, and the HVAC system is in good working order. Currently leased at $1,750/month plus $25/month Resident Benefit Package (RBP), with lease renewal scheduled for May 2026. At 324 Green Acres Rd., a charming 1988 solid cedar plank home offers 1,392 total square feet (896 heated), with 2 bedrooms and 2 baths. This all-electric residence includes vinyl plank flooring, a metal roof, single carport, additional parking space, and a rear deck accessible from the back door. The unit also features a laundry area and a well-maintained HVAC system. Currently rented at $1,550/month plus $25/month RBP, with lease renewal due May 2026. The 324A Green Acres Rd. unit is a 1985 mobile home offering 880 total square feet (784 heated), with 2 bedrooms and 2 baths. This property underwent extensive renovations in 2024, including a new shingled roof, updated sheetrock, vinyl flooring, cabinetry, paint, trim, tubs, showers, fixtures, appliances, and electrical systems. The unit is all-electric and includes a covered front deck and two parking spaces. Currently leased at $1,150/month, with renewal through December 31, 2026, and a planned rent increase to $1,200+. Finally, 324B Green Acres Rd. is a 1985 2-bedroom, 2-bath mobile home (880 total square feet, 784 heated) featuring an enclosed front deck and two parking spaces. This unit is all-electric with a gas stove and is occupied by a long-term tenant of over 25 years, currently paying $800/month on a month-to-month basis, with a planned increase to $850/month effective June 2026. HVAC system is in good working order. All units are separately rented, providing multiple income streams with upside potential through future rent adjustments and property enhancements. Strong occupancy history, recent upgrades, and dependable tenants make this a compelling addition to any investment portfolio. *Flyer is available please let us know if you would like additional information emailed to you!*
Property Features
0 Beds
0 Baths
0 Sqft
0.68 Acres
Okaloosa County
Additional Photos
Contact Information
Craig S Barrett
NBI Properties, Inc.
850-243-0007
Location
Listing Agent: Craig S Barrett (License #: 3294646) 850-243-0007
Broker: NBI Properties, Inc. 850-243-0007 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: NBI Properties, Inc. 850-243-0007 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
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$625,000
--
Beds
--
Baths
--
Sqft
322 Green Acres Rd, Fort Walton Beach, FL 32547
By contacting this agent you agree to these Terms and Conditions.
MLS# 1000696
INVESTMENT DREAM WITH MAXIMUM FLEXIBILITY! Also great
$625,000
322 Green Acres Rd, Fort Walton Beach, FL 32547
--
Beds
--
Baths
--
Sqft
0.68
Acres
$625,000
322 Green Acres Rd, Fort Walton Beach, FL 32547
-- Beds
-- Baths
-- Sqft
0.68 Acres
INVESTMENT DREAM WITH MAXIMUM FLEXIBILITY! Also great revelopment parcel, medical etc.Four homes on .68 acres. One 2160sf brick home (3BR, 2BA, with double carport and HVAC system in good working order); one 896sf cedar home (2BR, 2BA, with carport); two clean 784sf mobile homes (2BR, 2BA, with 2-car parking for each, and one with a HVAC system good working order); a 475sf fenced-in workshop/storage area that is usable by owner or rentable. All homes have w/d hookups, and serviced by a central lawn pump. Property suitable for investment, residential and/or commercial applications, zoning compliments commercial use. Current gross income $63k annually Exceptional multi-unit investment opportunity featuring four income-producing residences on one property at 322-324B Green Acres Rd. This well-maintained portfolio offers a diverse unit mix with stable tenancy and strong rental history, making it ideal for investors seeking immediate cash flow. The primary residence at 322 Green Acres Rd. is a 1973 brick home offering 3,636 total square feet (2,167 heated), with 3 bedrooms and 2 baths. This all-electric home features vinyl plank flooring throughout, a functional layout with a dedicated laundry room, fireplace, and a screened back porch. Exterior amenities include a double carport and a large fenced shed (reserved for landlord use). The asphalt roof was replaced in December 2019, and the HVAC system is in good working order. Currently leased at $1,750/month plus $25/month Resident Benefit Package (RBP), with lease renewal scheduled for May 2026. At 324 Green Acres Rd., a charming 1988 solid cedar plank home offers 1,392 total square feet (896 heated), with 2 bedrooms and 2 baths. This all-electric residence includes vinyl plank flooring, a metal roof, single carport, additional parking space, and a rear deck accessible from the back door. The unit also features a laundry area and a well-maintained HVAC system. Currently rented at $1,550/month plus $25/month RBP, with lease renewal due May 2026. The 324A Green Acres Rd. unit is a 1985 mobile home offering 880 total square feet (784 heated), with 2 bedrooms and 2 baths. This property underwent extensive renovations in 2024, including a new shingled roof, updated sheetrock, vinyl flooring, cabinetry, paint, trim, tubs, showers, fixtures, appliances, and electrical systems. The unit is all-electric and includes a covered front deck and two parking spaces. Currently leased at $1,150/month, with renewal through December 31, 2026, and a planned rent increase to $1,200+. Finally, 324B Green Acres Rd. is a 1985 2-bedroom, 2-bath mobile home (880 total square feet, 784 heated) featuring an enclosed front deck and two parking spaces. This unit is all-electric with a gas stove and is occupied by a long-term tenant of over 25 years, currently paying $800/month on a month-to-month basis, with a planned increase to $850/month effective June 2026. HVAC system is in good working order. All units are separately rented, providing multiple income streams with upside potential through future rent adjustments and property enhancements. Strong occupancy history, recent upgrades, and dependable tenants make this a compelling addition to any investment portfolio. *Flyer is available please let us know if you would like additional information emailed to you!*
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.68 Acres
FINANCIAL & COMMUNITY
Okaloosa County
Location
Mortgage Calculator
Ad Statistics
Ad Number
7598437
Viewed
66 times
Listing Status
Active
Added
Apr 20, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Emerald Coast Association of Realtors
Source Property ID
1000696
Listing Agent: Craig S Barrett (License #: 3294646) 850-243-0007
Broker: NBI Properties, Inc. 850-243-0007 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: NBI Properties, Inc. 850-243-0007 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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