Property Attributes
- MLS#1012523
- TypeSingle Family
- Listing Status Active
- CountyOkaloosa
- CityFort Walton Beach
- AreaFort Walton Beach
- NeighborhoodFIELD S-D
- Zip32547
- StyleFourplex
- Year Built1980
- Taxes$ 4574
- Price$ 699,900
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3180
Data Source:
Emerald Coast MLS (ECAR)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Wright Elementary School | Meigs Middle School | Choctawhatchee High School |
| Price History | |
|---|---|
| 9/22/2026 | Listed $699,900 |
General Features
| Utilities | Electric,Public Water |
|---|---|
| Zoning | Resid Multi-Family |
| Property Subtype | Quadplex - All Unites |
| Community Features | Separate Storage |
| County | Okaloosa |
| Property Type | Residential |
| Subdivision Name | FIELD S/D |
| Status | Active |
| Buyer Financing | Conventional,Other |
| Directions | North on Beal Pkwy, Left on Duloft, Right on Bayou View Dr. |
| High School | Choctawhatchee |
| City | Fort Walton Beach |
| MLS Area | 12 - Fort Walton Beach |
| Lot Size Units | Acres |
| Elementary School | Wright |
| Middle/Junior High School | Meigs |
| MLS Area Minor | 1205 - Overbrook/Pinedale |
| Standard Status | Active |
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Ceiling Fans,Central Air |
| Patio/Porch Features | Patio Covered |
| Architectural Style | Fourplex |
| Construction Materials | Siding Wood,Stucco |
| Year Built | 1980 |
| Tax Year | 2025 |
| New Construction | false |
| Total Rooms | 10 |
| Carport Y/N | false |
| Property Condition | Renovated,Construction Complete |
| Unit Number | A-D |
Interior Features
| Total Baths | 4 |
|---|---|
| Interior Amenities | Fireplace,Newly Painted,Washer/Dryer Hookup |
| Flooring | Floor Tile,Floor Vinyl |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Furnished Y/N | Furnished - None |
Exterior Features
| Lot Features | Interior |
|---|---|
| Exterior Amenities | Fenced Back Yard,Yard Building |
| Fencing | Fenced Privacy |
| Building Area Total | 3180 |
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
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
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.