Address
131 Bayou View Drive A-d, Fort Walton Beach, FL
Price
$ 699,900
Property Attributes
  • MLS#1012523
  • TypeSingle Family
  • Listing Status Active
  • CountyOkaloosa
  • CityFort Walton Beach
  • AreaFort Walton Beach
  • NeighborhoodFIELD S-D
  • Zip32547
  • StyleFourplex
  • Year Built1980
  • Taxes$ 4574
  • Price$ 699,900
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3180
Data Source:
Emerald Coast MLS (ECAR)
Property Description

Welcome to 131 Bayou View Drive, a beautifully updated four-unit investment property in the heart of Fort Walton Beach. This two-building duplex offers four spacious 2-bedroom, 1-bath units, three already remodeled with vinyl or tile flooring, fresh paint, new cabinets, updated doors and fixtures, and more. Each unit also has its own private fenced yard and in-unit laundry hookups, giving tenants the space, privacy, and convenience they want. This property has been well maintained and updated over the years. The roof was replaced in 2017, all four water heaters were replaced in 2022, and the AC systems have been updated between 2018 and 2021, so buyers can expect minimal near-term capital expense. Separate utility meters mean tenants pay their own utilities, keeping owner costs low, and a termite bond is already in place for added peace of mind. The property is fully occupied, providing an investor with strong current rental income from day one. Beyond the four units, a bonus storage building on site adds even more income potential, with room to add rentable storage space beyond what is currently rented. With updated systems and low ongoing maintenance needs, this is a true turnkey opportunity for an investor looking for built-in upside, or for anyone drawn to the charm and privacy of updated units just minutes from the beach. Located in one of the Panhandle's most in-demand rental markets, close to shopping, dining, and the beach. Schedule your showing today.

Elementary School Middle School High School
Wright Elementary School Meigs Middle School Choctawhatchee High School
Price History
9/22/2026 Listed $699,900

General Features

Utilities Electric,Public Water
Zoning Resid Multi-Family
Property Subtype Quadplex - All Unites
Community Features Separate Storage
County Okaloosa
Property Type Residential
Subdivision Name FIELD S/D
Status Active
Buyer Financing Conventional,Other
Directions North on Beal Pkwy, Left on Duloft, Right on Bayou View Dr.
High School Choctawhatchee
City Fort Walton Beach
MLS Area 12 - Fort Walton Beach
Lot Size Units Acres
Elementary School Wright
Middle/Junior High School Meigs
MLS Area Minor 1205 - Overbrook/Pinedale
Standard Status Active
Sewer Public Sewer
Heating Central
Cooling Ceiling Fans,Central Air
Patio/Porch Features Patio Covered
Architectural Style Fourplex
Construction Materials Siding Wood,Stucco
Year Built 1980
Tax Year 2025
New Construction false
Total Rooms 10
Carport Y/N false
Property Condition Renovated,Construction Complete
Unit Number A-D

Interior Features

Total Baths 4
Interior Amenities Fireplace,Newly Painted,Washer/Dryer Hookup
Flooring Floor Tile,Floor Vinyl
Air Conditioning Y/N true
Heating Y/N true
Furnished Y/N Furnished - None

Exterior Features

Lot Features Interior
Exterior Amenities Fenced Back Yard,Yard Building
Fencing Fenced Privacy
Building Area Total 3180

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32547

Price
AVG $490K
$700K
Taxes
AVG $3,219
$4,574
Year Built
AVG 1987
1980

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