22 NE Bobolink Street, Fort Walton Beach, FL 32548 (MLS# 785720)

22 NE Bobolink Street, Fort Walton Beach, FL 32548

$880,000

Property Type: Commercial for Sale Square Footage: 2,816 Lot Size (sq. ft.): 17,424 Status: Active

Current Price: $880,000 List Date: 2/23/2026 Last Modified: 2/23/2026

Overview

Description

Income producing 6 plex. 3 one level duplexes with10 bedrooms and 6 Bathrooms total. Currently 100% occupied with 2-2025 NOI rents estimated at $69,840 annually. Established long term tenants with the longest tenant occupancy at 14+ years. Recent property updates include: New roof on buildings 1 and 3 (units A/B and E/F) – 2025 New plumbing (pipes / drains) buildings 2 and 3 (units C/D and E/F) – 2026 New refrigerators in units A, E, F – 2025/2026 New stoves in units B, D – 2025/2026 New A/C unit in unit B – 2025 New granite countertops unit C – 2025 New LVP flooring unit F – 2026.

Listing Details MLS# 785720

Contract Info

List Price/SqFt: 312.5
Sub-Type: Multi-Family

Location

Area: 17 – Okaloosa
Street #: 22
Street Direction: NE
Street Name: Bobolink
Street Suffix: Street
State: FL
Zip Code: 32548
County: Okaloosa
Sub Area: 1701 – Okaloosa – Fort Walton Beach
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 13-2S-24-1772-0000-0020
Directions: South of Walter Martin Rd N and East of Beal Pkwy NE and West of Eglin Pkwy NE
Legal Description: Lot 2 North Hill Gardens First Addition Replat in Block 12, according to the Plat thereof as recorded in Plat Book 19, page 86 of the Public Records of Okaloosa County, Florida

General Property Info

List Class: Residential Income
Construction Status: Construction Complete
# of Units: 10
# of Stories in Building: Yes
Floor Number: Yes
Acreage: 0.4
SqFt Tot Bldg: 2816
Year Built: 1956

Income Producing

Year Built: 1956
Building SqFt: 2816
Net Operating Income: 69840

Listing Info, Tax and Legal

HOA Fee: No

More Information

Remarks & Misc

Remarks: Income producing 6 plex. 3 one level duplexes with10 bedrooms and 6 Bathrooms total. Currently 100% occupied with 2-2025 NOI rents estimated at $69,840 annually. Established long term tenants with the longest tenant occupancy at 14+ years. Recent property updates include: New roof on buildings 1 and 3 (units A/B and E/F) – 2025 New plumbing (pipes / drains) buildings 2 and 3 (units C/D and E/F) – 2026 New refrigerators in units A, E, F – 2025/2026 New stoves in units B, D – 2025/2026 New A/C unit in unit B – 2025 New granite countertops unit C – 2025 New LVP flooring unit F – 2026.

Construction/Siding

Block: Yes
Concrete: Yes
Foundation – Slab on Grade: Yes
Roof – Membrane: Yes

Floors in Unit/Home

One: Yes

Listing Office: NAI TALCOR

Last Updated: February – 23 – 2026

Information deemed reliable but not guaranteed.