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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
General
- Sold For: $345,000
- Taxes: $3,379 (2024)
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 986124
- Added to Site: 200 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Washer/Dryer Hookup
- Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - Some
- Flooring: Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
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
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Heating/Cooling: Central, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water
Structural Information
- Architectural Style: Ranch
- Construction: Frame, Siding Wood
- Exterior Const.: Frame, 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 Size (Sq. Ft.): 15,681.6
- Lot Dimensions: 50 x 28 x 150
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Interior
- Zoning: City, Resid Multi-Family
- Fencing (Description): Fenced Privacy
Financial Considerations
- Tax Amount: $3,379.85
- Tax Year: 2024
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
- Property ID: 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
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 SE Chicago Ave
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, 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? 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.

