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512 NW Parkview Road, Unit A & B
Fort Walton Beach, FL 32547

$450,000 - Status: Active
Bed Icon Beds: 4
Bath Icon Baths: 4 full
Sq Feet Icon SQFT (H&C): 2,356
MLS Icon MLS# 1011121

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.

Property Features

MLS#: 1011121
Zip: 32547
Subdivision: Golf View On Parkview
Development: 12 - Fort Walton Beach
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fans, Central Air
Days on Site: 1
Fenced: Yes
Heating: Central
Home Style: Duplex
Taxes: $3,545
Year Built: 1985
SQFT (H&C): 2,356

Feature Descriptions

Appliances: Dishwasher, Disposal, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Water Heater - Gas
Community Features: Pets Allowed
Exterior: Rain Gutter, Fenced Back Yard, Sprinkler System
Exterior: Concrete, Brick, Frame, Siding Vinyl, Trim Vinyl
Fencing: Fenced Lot-All
Financing Terms: Conventional, VA
Flooring: Floor Tile, Floor Vinyl
Interior: Ceiling Cathedral, Fireplace, Newly Painted, Pantry, Split Bedroom, Washer/Dryer Hookup
Lot Description: Golf Course, Level, Survey Available
Parcel Number: 35-1S-24-1300-0006-0110
Patio/Porch: Patio Open, Porch
Property Condition: Renovated, Construction Complete
Road Frontage: City Street, Easement
Road Surface: Paved
Rooms Total: 6
Sewer: Public Sewer
Sub Type: Duplex
Utilities: Electric, Gas - Natural, Public Water, TV Cable
Window: Window Treatmnt Some

Local Schools

High School: Choctawhatchee
Middle School: Pryor
Elementary School: Edwins

512 NW Parkview Road, Unit A & B | MLS# 1011121

This multi-family property located at 512 NW Parkview Road, Unit A & B, Fort Walton Beach, FL 32547 is currently listed for sale with an asking price of $450,000. Search Fort Walton Beach real estate on lwardlaw.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: LPT Realty LLC

Shown By

Agent Name: Lynn Wardlaw
Agent Phone: (404) 867-4332
Agency Title: Beachy Beach Real Estate

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Disclaimer: 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 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. Information on this site was last updated 09/03/2026. The listing information on this page last changed on 09/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/03/2026 11:41:25 AM EST) or Emerald Coast MLS (last updated Thu 09/03/2026 11:36:01 AM EST) or Central Panhandle Association of Realtors (last updated Thu 09/03/2026 11:37:36 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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