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818 Lark St, Fo Lark Ave
Fort Walton Beach FL 32547 US

$575,000

Active Listing ID 666662
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9 bed
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6.00 Bath (6 Full)
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Apartment

$575,000

Active Listing ID 666662
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818 Lark St, Fo Lark Ave 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.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 6
  • Cooling System: Central Air
  • Roof Type: Composition
  • Heating Fuels: Central
  • Additional Features
  • Patio

School Information

  • School
  • Local School In County(Elementary)
  • LOCAL SCHOOL IN COUNTY(MiddleSchool)
  • Local School In County(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 575000
  • unparsedaddress: 818 Lark St, Fo Lark Ave
  • postalcity: Fort Walton Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 32547
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • listpricelow: 575000
  • lotsizeunits: Acres
  • livingarea: 800
  • livingareaunits: Square Feet
  • latitude: 30.465736
  • longitude: -86.628275
  • listagentfullname: Tamela Hayes
  • listagentemail: tamela.hayes@cbrealty.com
  • listagentkey: 3yd-PARFL-17657
  • listagentmlsid: 17657
  • listagentpreferredphone: 8508634563
  • listagentofficephone: 8502596404
  • listofficekey: 3yd-PARFL-CBU013
  • listofficemlsid: CBU013
  • disclaimer: 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.
  • sourcesystemid: PARFL
  • yearbuilt: 1982
  • listingcontractdate: 2025-06-24
  • listagenturl: http://coldwellbankerhomes.com
  • countyorparish: Okaloosa
  • parcelnumber: 261S24095000030050
  • elementaryschool: Local School In County
  • highschool: Local School In County
  • appliances: Electric Water Heater, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Brick, Frame
  • heating: Central
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 1
  • parkingfeatures: Garage, Parking Lot, Assigned
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 2, Bedroom 8, Bedroom 9, Bathroom 2, Bathroom 5, Bedroom 1, Bathroom 3, Bedroom 7, Bathroom 4, Bathroom 6, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 5
  • patioandporchfeatures: Porch, Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -86.62827, 30.465736
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tamela.hayes@cbrealty.com", "ListBrokerageCity":"Fort Walton Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Coldwell Banker Realty", "ListBrokeragePhone":"8508634563", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Ste. 101", "ListBrokerageUnparsedAddress":"45 Eglin Pkwy NE", "ListBrokerageWebsiteUrl":"http://coldwellbankerhomes.com", "ListOfficeAddress1":"45 Eglin Pkwy NE Ste. 101", "ListOfficeAddress2":"Ste. 101", "ListOfficeBrokerMlsId":"CBU013", "ListOfficeCity":"Fort Walton Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"jennifer.wolff@floridamoves.com", "ListOfficePostalCode":"32548", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"APARTMENT - Fort Walton Beach, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/818-Lark-St_Fort-Walton-Beach_FL_32547_M94792-11779?f=listhub&s=PARFL&m=666662&c=rexren", "MLSModificationTimestamp":"2026-07-07 01:36:30", "Neighborhoods":[{"Description":null, "Name":"Forest Heights"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"FOREST HTS S/D LOT 5 BLK 3 & FOREST HTS S/D LOT 4 BLK 3 AND FOREST HTS S/D LOT 4 BLK 3 & FOREST HTS S/D LOT 5 BLK 3 (sold together with Parcel ID:26-1S-24-0950-0003-0040)", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/23/2026 5:11:24 AM GMT
Source Updated Date: 7/26/2026 12:50:39 AM GMT

Courtesy of: Tamela Hayes, Coldwell Banker Realty, tamela.hayes@cbrealty.com

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.