Address
510 Nw Parkview Road A & B, Fort Walton Beach, FL
Price
$ 450,000
Property Attributes
- MLS#1011119
- TypeSingle Family
- Listing Status Active
- CountyOkaloosa
- CityFort Walton Beach
- AreaFort Walton Beach
- NeighborhoodGOLF VIEW ON PARKVIEW
- Zip32547
- StyleDuplex
- Year Built1983
- Taxes$ 3527
- Price$ 450,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2356
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Attention investors! Duplex investment opportunity in the heart of Fort Walton Beach! Step right into a cash flowing investment property, offering an exceptional ROI for investors looking to expand their rental portfolio. 8.5% Gross Cap Rate! The best part, if you are looking for one more duplex, the sister property, 512 Parkview Rd is also for sale next door, if you want to add another 2 units to your rental portfolio! Each unit features a comfortable 2-bedroom, 2-bathroom layout, providing ample living space and strong appeal for long-term tenants. Both Units are currently occupied with two long term leases at $1,600/month, renewing Spring of 2027. The functional floor plans offer spacious living areas with beautiful brick, wood burning fireplaces, recently updated kitchens, private bedrooms, and two full bathrooms per unit. Two separate residences under one roof. Conveniently located near local shopping, dining, schools, military installations, entertainment, and the beautiful Emerald Coast beaches, this property puts residents close to everything Fort Walton Beach has to offer. Whether you're an experienced investor or newer, this duplex offers versatility, location, and income-producing returns in a highly desirable Northwest Florida market. New roof to be installed in Sept. 2026. These rarely come to the market. Don't miss your chance to own a great income producing asset.
| Elementary School | Middle School | High School |
|---|---|---|
| Edwins Elementary School | Pryor Middle School | Choctawhatchee High School |
| Price History | |
|---|---|
| 9/2/2026 | Listed $450,000 |
General Features
| Utilities | Electric,Gas - Natural,Public Water,TV Cable |
|---|---|
| Zoning | Resid Multi-Family |
| Property Subtype | Duplex - All Units |
| Community Features | Pets Allowed,Separate Storage |
| County | Okaloosa |
| Property Type | Residential |
| Subdivision Name | GOLF VIEW ON PARKVIEW |
| Status | Active |
| Buyer Financing | Conventional,VA |
| Directions | From Racetrack Rd NW., turn North onto Denton Blvd, for .5 of a mile. Veer left onto Parkview NW Rd., and 510 Parkview Rd. is .2 of a mile on the left. 2 Mins from Racetrack Rd NW. |
| High School | Choctawhatchee |
| City | Fort Walton Beach |
| MLS Area | 12 - Fort Walton Beach |
| Lot Size Units | Acres |
| Elementary School | Edwins |
| Middle/Junior High School | Pryor |
| MLS Area Minor | 1208 - Kenwood/Golf Course |
| Standard Status | Active |
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Central Air |
| Patio/Porch Features | Patio Open,Porch,Porch Open |
| Architectural Style | Duplex |
| Construction Materials | Concrete,Frame,Siding Vinyl,Trim Vinyl |
| Year Built | 1983 |
| Tax Year | 2025 |
| New Construction | false |
| Total Rooms | 6 |
| Carport Y/N | false |
| Property Condition | Renovated,Construction Complete |
| Unit Number | A & B |
| Virtual Tour | https://www.zillow.com/view-imx/c88afcb7-5312-428a-bb20-a4119ae9e5d9?initialViewType=pano&utm_source=dashboard |
Interior Features
| Total Baths | 4 |
|---|---|
| Interior Amenities | Ceiling Cathedral,Fireplace,Pantry,Split Bedroom,Washer/Dryer Hookup |
| Flooring | Floor Tile,Floor Vinyl |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Lot Features | Easements,Level,Survey Available |
|---|---|
| Road Surface Type | Paved |
| Road Frontage Type | City Street,Easement |
| Exterior Amenities | Fenced Back Yard,Lawn Pump |
| Fencing | Fenced Lot-All |
| Building Area Total | 2356 |
| Total Parking | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32547
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Copyright © 2026 by the Multiple Listing Service of the Pensacola Association of
REALTORS ® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, re-transmitted, copied, framed, re-purposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS ®. Florida
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Navarre Area Board of Realtors® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
