About This Home

This 4-bedroom, 4-bathroom multi-family at 512 NW Parkview Road #A & B in Fort Walton Beach, FL is listed for $450,000 ($191 per sqft). Built in 1985, the home offers 2,356 sqft of living space on a N/A lot.

Key Features

  • Built in 1985
  • 4 parking spaces
  • Fireplace

Property Details

4 full
4 spaces
#A & B
1985

Amenities

FireplaceA/C
Listing Description

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.

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

512 NW Parkview Road #A & B

Fort Walton Beach, FL 32547

Golf view on Parkview

Features & Amenities

Interior Features

Ceiling CathedralFireplaceNewly PaintedPantrySplit BedroomWasher/Dryer Hookup

Exterior Features

Rain GutterFenced Back YardSprinkler System

Property Details

Flooring

TileVinyl

Construction

Concrete Brick Frame Siding Vinyl Trim Vinyl

Outdoor Features

PatioPorch

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalOven Self CleaningRange HoodRefrigeratorRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWater Heater - Gas

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 512 NW Parkview Road is listed at $450,000 ($191/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1985, 4 parking spaces, Fireplace. Interior Features: Ceiling Cathedral, Fireplace, Newly Painted. Exterior Features: Rain Gutter, Fenced Back Yard, Sprinkler System.

This property is listed by Ryan J Garofalo.

RG

Ryan J Garofalo

License 3524720

Agent at LPT Realty LLC

Listed by LPT Realty LLC · Broker phone: (321) 439-7204 · View on Broker Site

MLS# 1011121· Source: Emerald Coast Association of Realtors· 60 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

Open this listing in: