48 Ne Nebraska Avenue, Fort Walton Beach
$424,877 - 4 Beds, 3 Baths, 1,903 Sf
MLS® # 1012721
115 Se Chicago Avenue, Fort Walton Beach
$345,000
4 Beds
3 Baths
2,050 Sqft
.36 Acre
0 Garage
Investor's dream! Two properties on one lot in the heart of Fort Walton Beach offering dual income streams. 115 Chicago Ave is a 3BR/2BA home with 1,378 sq ft, built in 1951, and currently operates as an Airbnb that can be sold fully furnished and turn-key. 113 Chicago Ave is a 1BR/1BA home with 672 sq ft, built in 1978, and serves as a long-term rental generating $800/month on a flexible month-to-month lease. Live in one, rent the other, or maximize returns with both! 2020 & 2022 HVACs and 2021 water heaters. Located just minutes from shopping, dining, downtown Fort Walton Beach, and the sugar-white beaches of the Emerald Coast, this property provides instant cash flow and long-term potential.Property Website (https://www.115chicagoavese.com/unbranded)
Essential Information
MLS® #986124
Price$345,000
Sold Price$345,000
Date Sold$2025-12-04
Bedrooms4
Bathrooms3.00
Full Baths3
Square Footage2,050
Acres0.36
Year Built1951
TypeResidential
Sub-TypeDetached Single Family
StyleRanch
StatusSold
Community Information
Address115 Se Chicago Avenue
Area12 - Fort Walton Beach
SubdivisionOCEAN CITY
CityFort Walton Beach
CountyOkaloosa
StateFL
Zip Code32548
Utilities
Electric, Public Sewer, Public Water
Interior
Interior FeaturesWasher/Dryer Hookup
HeatingCentral
CoolingCentral Air
# of Stories1
Appliances
Dishwasher, Dryer, Freezer, Microwave, Washer, Electric Water Heater
Exterior
Lot DescriptionInterior Lot
RoofComposite Shngl
ConstructionFrame, Wood Siding
School Information
ElementaryElliott Point
MiddleBruner
HighFort Walton Beach
Additional Information
Days on Website396
ZoningCity, Resid Multi-Family
Listing Details
OfficeEXP Realty LLC
Property History
Price Reduced from $359,999 to $345,000
Price Reduced from $374,999 to $359,999
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is 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.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Listing information last updated on October 24th, 2026 at 2:22am CDT.
