22 Bobolink St NE - Multi-Family FOR SALE


Fort Walton Beach, FL 32548
$880,000 USD
850-851-8634
22 Bobolink St NE, Fort Walton Beach, FL for Sale
$880,000 USD
Multi-Family - FOR SALE
1/6
null | Request Cap Rate

22 Bobolink St NE
Fort Walton Beach, FL 32548


HIGHLIGHTS

  • +/-2,816 SF total of buildings
  • 6 units now with land space to add more
  • Income Producing Investment
  • Renovations in 2025
  • Established Tenants
  • 100% occupancy

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$880,000 USD

PRICE/SF

$50 USD /SF

# OF UNITS

6

PRICE/UNIT

$146,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

22 Bobolink St NE

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-2

APN/PARCEL ID

13-2S-24-1772-0000-0020

ASK ABOUT THIS PROPERTY

Terry KoehnNAI Talcor West Florida DivisionMore Info
850-851-8634

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Terry KoehnNAI Talcor West Florida DivisionMore Info
850-851-8634

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.