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
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.
More Information MLS# 785720
Contract Info
List Price/SqFt: 312.5
List Date: 2026-02-23
List Price: $880,000
Current Price: $880,000
Sub-Type: Multi-Family
Location
Sub Area: 1701 – Okaloosa – Fort Walton Beach
Community/Resort: None
Waterfront: No
Directions: South of Walter Martin Rd N and East of Beal Pkwy NE and West of Eglin Pkwy NE
Area: 17 – Okaloosa
Street #: 22
Street Direction: NE
Street Name: Bobolink
Street Suffix: Street
State: FL
Zip Code: 32548
County: Okaloosa
Subdivision: No Named Subdivision
Parcel ID: 13-2S-24-1772-0000-0020
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
Floor Number: 1
Acreage: 0.4
Construction Status: Construction Complete
# of Units: 10
# of Stories in Building: 1
SqFt Tot Bldg: 2816
Year Built: 1956
Listing Info, Tax and Legal
HOA Fee: No
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: 1
Concrete: 1
Foundation – Slab on Grade: 1
Roof – Membrane: 1
Floors in Unit/Home
One: 1
Income Producing
Year Built: 1956
Building SqFt: 2816
Net Operating Income: 69840
Property Type: Multi-Family
Status Change Info
Status: Active
Listing Office:
NAI TALCOR
Last Updated: February – 23 – 2026
Information deemed reliable but not guaranteed.