Fort Walton Beach - Beach Property For Sale #6947119

Fantastic opportunity to own your own home or invest in a rental property in the heart of Fort Walton Beach! This first-floor unit in Spanish Villas offers excellent potential with several key updates already completed. Features include wood-look tile flooring throughout, granite countertops in the kitchen, and a new HVAC system installed in 2020. The water heater was replaced in 2012. With a little remodeling and finishing touches, this unit can generate strong rental income-comparable units in Spanish Villas lease for approximately $1,600-$1,800 per month depending on upgrades and finishes. Many of the major improvements are already in place, making this a great option for investors looking to add value and maximize returns or buyers looking for an affordable and nice place to live. You'll love having a pool on site as well as tennis courts, a community room and BBQ Pit/grill. Perfect location near shopping, dining, schools, and military bases. Not to mention only a couple of miles to the beautiful beaches. This unit also comes with assigned parking.