Investor's dream! Two properties on one lot in the heart of Fort

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Home Sale Pending

115 SE Chicago Avenue

Fort Walton Beach, Florida 32548

Okaloosa County

Community: OCEAN CITY

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$345,000 4 br, 3.0 bath 2050 sq. ft. 0.360 acres

Investor's dream! Two properties on one lot in the heart of Fort Walton Beach offering dual income streams. 115 Chicago Ave is a 3BR/2BA home with 1,378 sq ft, built in 1951, and currently operates as an that can be sold fully furnished and turn-key. 113 Chicago Ave is a 1BR/1BA home with 672 sq ft, built in 1978, and serves as a long-term rental generating $800/month on a flexible month-to-month lease. Live in one, rent the other, or maximize returns with both! 2020 & 2022 HVACs and 2021 water heaters. Located just minutes from shopping, dining, downtown Fort Walton Beach, and the sugar-white beaches of the Emerald Coast, this property provides instant cash flow and long-term potential.Property Website

Interior:
  • Bedrooms: 4
  • Baths: 3.0
  • Sq Ft: 2050
  • Year Built: 1951
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Central
  • Garage: 
Exterior:
  • Lot Size: 0.360 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Frame, Siding Wood
  • Roof: 
  • Property Taxes: $3,380
  • MLS #: 986124
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Contact Information:
Beach Home Sale Pending in Fort Walton Beach, Florida
Listing Agent: Joshua D Legare, EXP REALTY LLC, 850-737-8830, 888-883-8509 Listing Site, Listing Status: Pending
Copyright © 2025 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.
Ad Number: 6663288
Viewed 52 times.
Updated: Dec 04, 2025

This property is a Home located at 115 SE Chicago Avenue, Fort Walton Beach, Florida 32548, and is currently Sale Pending at $345,000. This Home has 4 bedrooms, 3.0 baths, 2050 sq ft.