131 Bayou View Drive A-d, Fort Walton Beach

$699,900

8 Beds
4 Baths
3,180 Sqft
0 Acre
0 Garage

Welcome to 131 Bayou View Drive, a beautifully updated four-unit investment property in the heart of Fort Walton Beach. This two-building duplex offers four spacious 2-bedroom, 1-bath units, three already remodeled with vinyl or tile flooring, fresh paint, new cabinets, updated doors and fixtures, and more. Each unit also has its own private fenced yard and in-unit laundry hookups, giving tenants the space, privacy, and convenience they want.

This property has been well maintained and updated over the years. The roof was replaced in 2017, all four water heaters were replaced in 2022, and the AC systems have been updated between 2018 and 2021, so buyers can expect minimal near-term capital expense. Separate utility meters mean tenants pay their own utilities, keeping owner costs low, and a termite bond is already in place for added peace of mind.

The property is fully occupied, providing an investor with strong current rental income from day one. Beyond the four units, a bonus storage building on site adds even more income potential, with room to add rentable storage space beyond what is currently rented.

With updated systems and low ongoing maintenance needs, this is a true turnkey opportunity for an investor looking for built-in upside, or for anyone drawn to the charm and privacy of updated units just minutes from the beach. Located in one of the Panhandle's most in-demand rental markets, close to shopping, dining, and the beach. Schedule your showing today.

Essential Information
MLS® #1012523
Price$699,900
Bedrooms8
Bathrooms4.00
Full Baths4
Square Footage3,180
Year Built1980
TypeResidential
Sub-TypeQuadplex - All Unites
StyleFourplex
StatusActive
Community Information
Address131 Bayou View Drive A-d
Area12 - Fort Walton Beach
SubdivisionFIELD S/D
CityFort Walton Beach
CountyOkaloosa
StateFL
Zip Code32547
Utilities

Electric, Public Sewer, Public Water

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
Interior Features

Fireplace, Newly Painted, Washer/Dryer Hookup

Appliances

Dishwasher, Refrigerator, Electric Water Heater

Exterior
Exterior FeaturesPrivate Yard, Yard Building
Lot DescriptionInterior Lot
RoofShingle
ConstructionStucco, Wood Siding
School Information
ElementaryWright
MiddleMeigs
HighChoctawhatchee
Additional Information
ZoningResid Multi-Family
Listing Details
OfficeEXP Realty LLC
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Vendors Member Number : 28325

Listing information last updated on October 20th, 2026 at 3:22pm CDT.