512 Nw Parkview Road A & B, Fort Walton Beach

$450,000

4 Beds
4 Baths
2,356 Sqft
0 Acre
0 Garage

Attention investors! Duplex investment opportunity in the heart of Fort Walton Beach! 8.5% Gross Cap Rate! Step right into a cash flowing investment property, offering an exceptional ROI for investors looking to expand their rental portfolio. The best part, if you are looking for one more duplex, the sister property, 510 Parkview Rd is also for sale next door, if you want to add another 2 units to your rental portfolio! 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 was installed in 2025.
These rarely come to the market. Don't miss your chance to own a great income producing asset.

Essential Information
MLS® #1011121
Price$450,000
Bedrooms4
Bathrooms4.00
Full Baths4
Square Footage2,356
Year Built1985
TypeResidential
Sub-TypeDuplex - All Units
StyleDuplex
StatusActive
Community Information
Address512 Nw Parkview Road A & B
Area12 - Fort Walton Beach
SubdivisionGolf view on Parkview
CityFort Walton Beach
CountyOkaloosa
StateFL
Zip Code32547
Utilities

Electric, Gas - Natural, Public Sewer, Public Water, TV Cable

Interior
HeatingCentral, Gas - Natural
CoolingCentral Air, Ceiling Fan(s)
Interior Features

Cathedral Ceiling(s), Fireplace, Newly Painted, Pantry, Split Bedroom, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Range Hood, Refrigerator, Gas Water Heater

Exterior
WindowsWindow Treatments
RoofShingle
Exterior Features

Private Yard, Sprinkler System, Rain Gutters

Lot Description

On Golf Course, Level, Survey Available

Construction

Concrete, Frame, Brick, Siding Vinyl, Trim Vinyl

School Information
ElementaryEdwins
MiddlePryor
HighChoctawhatchee
Additional Information
ZoningCity, Resid Multi-Family
Listing Details
OfficeLPT Realty LLC
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Properties for Sale Similar to 512 Nw Parkview Road A & B, Fort Walton Beach, FL

Photo of Listing #1011119

510 Nw Parkview Road A & B, Fort Walton Beach

$450,000 - 4 Beds, 4 Baths, 2,356 Sf

MLS® # 1011119

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 22nd, 2026 at 1:07am CDT.