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$345,000
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Property Description
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 Airbnb 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 (https://www.115chicagoavese.com/unbranded)
Full Property Details
Full Property Details for 115 SE Chicago Ave SE
General
- Sold For: $345,000
- Taxes: $3,379 (2024)
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 986124
- Added to Site: 114 day(s) ago
Interior
- Rooms/Areas: Bedroom, Kitchen, Living Room, Master Bedroom
- Interior Features: Floor Vinyl, Furnished - Some, Washer/Dryer Hookup
- Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Exterior
- Exterior Features: Fenced Privacy
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: Ocean City
- Driving Directions: From First Street (Behind Publix) Turn left on Chicago Ave. The homes are on the right.
School Information
- Elementary School: Elliott Point
- Middle School: Bruner
- High School: Fort Walton Beach
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Structural Information
- Architectural Style: Ranch
- Construction: Frame, Roof Composite Shngl, Siding Wood
- Stories/Levels: 1
- Square Feet: 2,050
- Sq. Ft. Source: County PA Records
- Year Built: 1951
Lot Features
- Lot Size (Acres): 0.36
- Lot Dimensions: 50 x 28 x 150
- Street/Road Desc.: City Road, Paved Road
- Lot Features: Interior
- Zoning: City, Resid Multi-Family
Financial Considerations
- Tax Amount: $3,379
- Tax Year: 2024
- Terms: Conventional, FHA
Disclosures and Reports
- Legal Description: OCEAN CITY LOT 244 & S 28FT OF LOT 245 & N 20FT OF LOT 243 & W1/2 VACATED ALLEY ADJ THEREOF ORD # 1575
- APN: 13-2S-24-1910-0244-0000
Listed by EXP Realty LLC
Sold by Dream Team Realty of NW Florida LLC
Get Pre-Approved Today
Schools
Schools serving 115 SE Chicago Ave SE
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Elliott Point Elementary School 301 Hughes Street Northeast, Fort Walton Beach, FL 32548 | PK-5 | 0.9 mi |
Clifford Meigs Middle School 150 Richbourg Avenue, Shalimar, FL 32579 | 6-8 | 3 mi |
Choctawhatchee Senior High School 110 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 SE Chicago Ave SE
Date
Details
Price
Change
Source
12/04/2025
Sold
$345,000
—
MLS
10/10/2025
Price Reduced
$345,000
-4.17%
MLS
10/03/2025
Price Reduced
$359,999
-4%
MLS
9/26/2025
Listed
$374,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
115 SE Chicago Avenue SE, Fort Walton Beach, FL 32548 (MLS# 986124) is a Single Family property that was sold at $345,000 on December 04, 2025. Want to learn more about 115 SE Chicago Avenue SE? Do you have questions about finding other Single Family real estate for sale in Fort Walton Beach? You can browse all Fort Walton Beach real estate or contact a Coldwell Banker agent to request more information.

