new - 5 days on rocket

22 NE Bobolink St, Fort Walton Beach, FL, 32548

$599,000

Home List Price

$7,113*

Closing Credit

10 Bedrooms
6 Full Baths
2,816 SqFt
$213/SqFt
Townhouse

Location

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22 NE Bobolink St, Fort Walton Beach$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1956
CoolingWall/Window Unit(s), Ceiling Fan(s)
MLS #964673
Lot Size0.40 Acres
StatusActive

About 22 NE Bobolink St

INVESTORS DREAM!!! Unbelievable Cash Flow opportunity in one of the most desirable locations in Fort Walton Beach! These 6 Beach Bungalows are the Unicorn opportunity that everyone dreams about. Rare oversized .4 acre lot that can be subdivided, or an additional duplex can be added - increasing value exponentially! Duplex 1: Two 504 sq/ft bungalows, each occupied with long-term leases totaling $2,200+ a month. Duplex 2: Two 504 sq/ft bungalows, each occupied with long-term leases totaling $2,200+ a month. Duplex 3: Two 400 sq/ft bungalows, each occupied with long-term leases totaling $2,200+ a month. All this, and less than 2 minutes to Uptown Station, and 1.5 miles to the Sugar White Sands of the Gulf. Over $79k annually in rentals. Blink and youll miss it! The numbers say it all... Nearly 8% annual return on investment (13% including appreciation), and an incredible CAP rate of over 8.5% in an area that has averaged right at 6% all year. The owner lives out of state and can no longer manage this incredible property, so their loss is your gain!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1956
  • Stories: 1
  • Living Area: 2,816 SqFt

Listing Office:

  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Garrett S Aune

Interior Features

Interior Information:

  • Appliances: Refrigerator, Electric Oven
  • Flooring Type: Laminate, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Private Pool: No

Virtual/3D Tour

  • 3D Tour: 22 NE Bobolink St
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Lot Features

Lot Information:

  • Lot: Level, Sidewalk, Survey Available
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s), Ceiling Fan(s)

Other

Directions Information:

  • Directions: Traveling North on Eglin Pkwy (85), turn left onto McGriff Street. In about 2 blocks, turn right onto Harbeson Ave. In one block, turn left onto Bobolink Street. The 3 Duplexs will be on your left hand side just a few doors down!

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $213/SqFt
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Housing Market Comparison

See how this home compares to others in Fort Walton Beach, FL.

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Fort Walton Beach, FL

City

Med. Sold Price

$345.9K

Med. Price/SqFt

$227

Avg. Days On Market

67

# of Sold Homes

49

22 NE Bobolink St vs Fort Walton Beach

5 DAYS ON ROCKET

-62 Days

$599,000

+$253K More

$213/SqFt

-$15 Less

KEY TAKEAWAY

This property is $253K more than the Median Sold Price and $15/SqFt less than other homes in Fort Walton Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #964673

Listing Office:

  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Garrett S Aune

IDX 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, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-38681
5
/10

  • Elliott Point Elementary School

  • 301 Hughes St NE

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-38682
3
/10

  • Edwins Elementary School

  • 7 Wright Pkwy SW

  • 1.67 miles

  • Public District Grades PK-5

school-card-donut-38683
5
/10

  • Wright Elementary School

  • 305 Lang Rd

  • 2.00 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,737. Typical income of Fort Walton Beach, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 22 NE Bobolink St

What is the listing price of this property?

The listing price of 22 NE Bobolink St property is $599,000.

What type of property is this?

The property 22 NE Bobolink St is a townhouse located in Fort Walton Beach, Florida, 32548.

Is this property for sale now?

Active Listing: 22 NE Bobolink St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 22 NE Bobolink St has 10 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 22 NE Bobolink St is 2,816 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 22 NE Bobolink St is 1956.

Rocket Homes›Florida›Okaloosa County›Fort Walton Beach›32548›22 NE Bobolink St

This home is located at 22 NE Bobolink St in Fort Walton Beach, FL and zip code 32548. This 2,816 square foot home, which was built in 1956, sits on a 0.40 acre lot. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $599,000.

In November 2024, from all listings sold in Fort Walton Beach, FL there were more than 3 sold above asking price, over 35 sold below and more than 11 were sold right at the asked price. In November 2024 in Fort Walton Beach, FL there were 2.3% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $345,986, while the average time on the real estate market was 67 days.

From Rocket Homes Real Estate and based on county public records data.

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