7 SE Elm Ave, Fort Walton Beach, FL, 32548

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7 SE Elm Ave, Fort Walton Beach$385,000

Buyer Closing Credits

$4,572^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1945

MLS #953576

Lot Size0.16 Acres

StatusActive

About 7 SE Elm Ave

***Investors dream*** You have SHORT and LONG term rental opportunities. Unit 7A (1BR/1BA, 504sqft) is a short term rental and made close to $38k in 2023 BY ITSELF! It has over $28k in 2024 bookings. 7 Elm (2 BR/1 BA, 858sqft) needs a little TLC but could easily make $1200 a month long term or $25k Plus short term. Property is zoned R2. Easily meets the 10% rule. Bring your ideas and imagination and invest in the unique property!

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Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1945
• Stories: 1
• Living Area: 1,362 SqFt

Listing Office:

• Office Name: The Ketchersid Group LLC, EXP Realty LLC
• Office Phone: (888) 883-8509
• Listing Agent: Patrick M Watford, RED

Interior Features

Interior Information:

• Appliances: Dryer, Microwave, Electric Oven, Washer

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• Exterior: Fenced Back Yard, Fenced Privacy

Lot Features

Lot Information:

• Lot Size: 0.16 Acres

School Info

Assigned Schools Information:

• Choctawhatchee Senior High School, Public District Grades 9-12
• Northwest Florida Ballet Academie, Public District Grades 3-8
• Clifford Meigs Middle School, Public District Grades 6-8
• Elliott Point Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: From Eglin Parkway North, turn right on Hollywood Blvd, turn right on Elm Ave, property will be on the left. Two structures labeled 7 & 7A Elm Avenue.

Price Information

Listing Price Info

Price Summary:

• List Price: $385,000
• Price Per SqFt: $283/SqFt

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Housing Market Comparison

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

Fort Walton Beach, FL

City

Med. Sold Price

$345.3K

Med. Price/SqFt

$227

Avg. Days On Market

58

# of Sold Homes

48

7 SE Elm Ave vs Fort Walton Beach

125 DAYS ON ROCKET

+67 Days

$385,000

+$39.6K More

$283/SqFt

+$56 More

KEY TAKEAWAY

This property is $39.6K more than the Median Sold Price and $56/SqFt more 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: #953576

Listing Office:

• Office Name: The Ketchersid Group LLC, EXP Realty LLC
• Office Phone: (888) 883-8509
• Listing Agent: Patrick M Watford, RED

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: 11/3/2024, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Florida›Okaloosa County›Fort Walton Beach›32548›7 SE Elm Ave

This home is located at 7 SE Elm Ave in Fort Walton Beach, FL and zip code 32548. This 1,362 square foot home, which was built in 1945, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $385,000.

In October 2024 more than 8 listings in Fort Walton Beach, FL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 35 were sold below. The inventory of homes for sale in Fort Walton Beach, FL between September 2024 and October 2024 increased by 4.6%. The median list price of listings available in October 2024 was $345,375, while the average time on the real estate market was 58 days.

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