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22 Bobolink St NE - 22 Bobolink St NE 6 Unit Apartment Building Offered at $880,000 Fort Walton Beach, FL 32548
Investment Highlights
- +/-2,816 SF total of buildings
- Income Producing Investment
- Established Tenants
- 6 units now with land space to add more
- Renovations in 2025
- 100% occupancy
Executive Summary
Income producing 6 plex. 3 one level duplexes with10 bedrooms and 6 Bathrooms total. Currently 100% occupied with 2-2025 NOI rents estimated at $69,840 annually. Established long term tenants with the longest tenant occupancy at 14+ years. Recent property updates include: New roof on buildings 1 and 3 (units A/B and E/F) - 2025 New plumbing (pipes / drains) buildings 2 and 3 (units C/D and E/F) - 2026 New refrigerators in units A, E, F - 2025/2026 New stoves in units B, D - 2025/2026 New A/C unit in unit B - 2025 New granite countertops unit C - 2025 New LVP flooring unit F - 2026.
Property Facts
| Price | $880,000 | Property Type | Multifamily |
| Price Per Unit | $146,667 | Building Size | 17,488 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 6 | Year Built/Renovated | 1956/2025 |
| Zoning | R-2 | ||
| Price | $880,000 |
| Price Per Unit | $146,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 17,488 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1956/2025 |
| Zoning | R-2 |
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Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Number | 13-2S-24-1772-0000-0020 | Improvements Assessment | $283,868 |
| Land Assessment | $96,759 | Total Assessment | $380,627 |
Property Taxes
Parcel Number
13-2S-24-1772-0000-0020
Land Assessment
$96,759
Improvements Assessment
$283,868
Total Assessment
$380,627
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22 Bobolink St NE - 22 Bobolink St NE
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