401 NW Marshall Ct 1 Fantastic investment opportunity in the heart of Fort Walton Beach! This first-floor unit in Spanish Villas offers excellent potential with several key updates already completed. Features include wood-look tile flooring throughout, granite countertops in the kitchen, and a new HVAC system installed in 2020. The water heater was replaced in 2012. With a little remodeling and finishing touches, this unit can generate strong rental income—comparable units in Spanish Villas lease for approximately $1, 600–$1, 800 per month depending on upgrades and finishes. Many of the major improvements are already in place, making this a great option for investors, flippers, or buyers looking to add value and maximize returns. You'll love having a pool on site as well as a community room and BBQ Pit/grill. Perfect location near shopping, dining, schools, and military bases. Not to mention only a couple of miles to the beautiful beaches. This unit also comes with assigned parking.