Ad #7792133
MLS #666662
Investment Opportunity - Fully Occupied. Owner financing is
818 Lark St, Fo Lark Ave 1,2,3,4, Fort Walton Beach, FL 32547
$575,000
9Beds
6Baths
800Sqft
--Acres
About this property
Investment Opportunity - Fully Occupied. Owner financing is available with $500,000 down, a 6.5% interest rate, 30-year amortization, and a 3-year balloon payment. Seize this rare chance to acquire a fully occupied, income-producing multi-family portfolio delivering strong cash flow and outstanding long-term investment potential. Situated in a desirable county location, the property provides potential tax advantages and added flexibility for management and future ownership. This portfolio includes two parcels (816 & 818 Lark St - see MLS #976432) with four single-story duplexes, totaling eight rental units. Seven units offer 2 bedrooms, 1 bathroom, open kitchen and living areas, covered back patios, washer/dryer hookups, and individual central heat and air systems. Dedicated parking, concrete driveways, and enhanced street lighting add to the property's appeal and functionality. Unit 8 at 816 Lark presents an exceptional opportunity for an owner-occupant or investor seeking to offset living expenses with rental income. This spacious unit boasts 3 bedrooms, 3 full bathrooms, a dedicated office/flex room, an attached one-car garage, a large, screened porch, and a private irrigation well for future landscaping. Conveniently located just 2 minutes from Eglin AFB and 5 minutes from Hurlburt Field, this property is also near shopping, dining, beaches, and everyday amenities--making it highly attractive to both military and civilian tenants. Both parcels are offered together. The current gross rental income is approximately $9,130 per month. Proof of annual property tax and insurance payments will be required during the financing term. This is an outstanding opportunity to acquire a turnkey investment with stable income, flexible financing options, and the added benefit of potential owner-occupancy.
Property Features
9 Beds
6 Baths
800 Sqft
Built in 1982
0.000 Acres
1 Story
Assigned, Parking Lot, Garage
Siding: Brick, Frame
Composition Roof
Central
Okaloosa County
Forest Heights Community
Additional Photos
Contact Information
Tamela Hayes
Coldwell Banker Realty
850-863-4563
Location
Listing Agent: Tamela Hayes 850-863-4563
Broker: Coldwell Banker Realty 850-863-4563 Listing Site
Copyright © 2026 Pensacola 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: Coldwell Banker Realty 850-863-4563 Listing Site
Copyright © 2026 Pensacola 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
Photo Gallery
$575,000
9
Beds
6
Baths
800
Sqft
818 Lark St, Fo Lark Ave 1,2,3,4, Fort Walton Beach, FL 32547
By contacting this agent you agree to these Terms and Conditions.
MLS# 666662
Investment Opportunity - Fully Occupied. Owner financing is
$575,000
818 Lark St, Fo Lark Ave 1,2,3,4, Fort Walton Beach, FL 32547
9
Beds
6
Baths
800
Sqft
--
Acres
$575,000
818 Lark St, Fo Lark Ave 1,2,3,4, Fort Walton Beach, FL 32547
9 Beds
6 Baths
800 Sqft
-- Acres
Investment Opportunity - Fully Occupied. Owner financing is available with $500,000 down, a 6.5% interest rate, 30-year amortization, and a 3-year balloon payment. Seize this rare chance to acquire a fully occupied, income-producing multi-family portfolio delivering strong cash flow and outstanding long-term investment potential. Situated in a desirable county location, the property provides potential tax advantages and added flexibility for management and future ownership. This portfolio includes two parcels (816 & 818 Lark St - see MLS #976432) with four single-story duplexes, totaling eight rental units. Seven units offer 2 bedrooms, 1 bathroom, open kitchen and living areas, covered back patios, washer/dryer hookups, and individual central heat and air systems. Dedicated parking, concrete driveways, and enhanced street lighting add to the property's appeal and functionality. Unit 8 at 816 Lark presents an exceptional opportunity for an owner-occupant or investor seeking to offset living expenses with rental income. This spacious unit boasts 3 bedrooms, 3 full bathrooms, a dedicated office/flex room, an attached one-car garage, a large, screened porch, and a private irrigation well for future landscaping. Conveniently located just 2 minutes from Eglin AFB and 5 minutes from Hurlburt Field, this property is also near shopping, dining, beaches, and everyday amenities--making it highly attractive to both military and civilian tenants. Both parcels are offered together. The current gross rental income is approximately $9,130 per month. Proof of annual property tax and insurance payments will be required during the financing term. This is an outstanding opportunity to acquire a turnkey investment with stable income, flexible financing options, and the added benefit of potential owner-occupancy.
75 days
on BeachHouse.com
71
views
0
saves
Property Details
HOME DETAILS
9 Beds
6 Baths
800 Sqft
Built in 1982
0.000 Acres
1 Story
EXTERIOR
Assigned, Parking Lot, Garage
Siding: Brick, Frame
Composition Roof
INTERIOR
Central
FINANCIAL & COMMUNITY
Okaloosa County
Forest Heights Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7792133
Viewed
71 times
Listing Status
Active
Added
May 28, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Pensacola Association of REALTORS
Source Property ID
666662
Listing Agent: Tamela Hayes 850-863-4563
Broker: Coldwell Banker Realty 850-863-4563 Listing Site
Copyright © 2026 Pensacola 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: Coldwell Banker Realty 850-863-4563 Listing Site
Copyright © 2026 Pensacola 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.
Request Information
Start advertising today
Explore options for real estate agents and homeowners advertising on BeachHouse.com
Sell Your Home
Explore Similar Properties
