FL > Shalimar
Shalimar, FL 32579,40 4Th Avenue
Shalimar, FL 32579,40 4Th Avenue
Shalimar, FL 32579,40 4Th Avenue
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Tomell Johnson

Tomell Johnson

+1(850) 443-6309
$1,600,000
Est. payment /mo
12,147 SqFt
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Key Details

Property Type Single Family Home, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,147 sqft

Price per Sqft $131

MLS Listing ID 969018

Year Built 1996

Lot Size 2,613 Sqft

Acres 0.06

Property Description

Introducing an exceptional investment opportunity in the heart of Shalimar! This 12-unit multifamily property delivers a solid NOI of $81K, with a 4% rent increase already secured for 2025. All units are fully leased with no vacancies, ensuring steady income from day one. The seller is offering a stellar financing. Call for details. Subject to credit approval and additional terms.The property features three duplex buildings, each with 2-bedroom, 1-bath units at 812 sqft, complete with carports

Location

State FL

County Okaloosa

Area 12 - Fort Walton Beach

Zoning SR

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Listed by Keller Williams Realty FWB

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Tomell Johnson

+1(850) 443-6309

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