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$397,000
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Property Description
Excellent opportunity with strong potential and excellent location! This property features four individual units totaling approximately 2,550 square feet. Each unit offers 1 bedroom, 1 bathroom, a living room, and an additional bonus room that could serve as a second bedroom or office. This four-plex is conveniently located on Beal and just minutes from downtown, the property is zoned commercial and offers flexibility for future use. To the seller's knowledge, the property will require a full renovation, but presents significant upside for the right buyer. Please do not disturb tenants. Be sure to schedule your appointment today. This property needs significant work and can also be purchased as a land only sale. Buyer to verify all measurements and pertinent data.
Full Property Details
Full Property Details for 125 Beal Pkwy
General
- Price: $397,000
- Taxes: $2,889 (2024)
- Status: Active
- Type: Townhouse
- Source: Emerald_Coast
- MLS ID: 985178
- Updated: 9/12/2025
- Added to Site: 128 day(s) ago
Interior
- Rooms/Areas: Bedroom, Bonus Room
- Interior Features: Furnished - None
- Appliances: Refrigerator, Stove/Oven Electric
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Fenced Back Yard, Porch
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: Gibson Addn
- Driving Directions: From Miracle Strip (US 98) and Beal travel North on Beal and property will be on your left
School Information
- Elementary School: Edwins
- Middle School: Bruner
- High School: Fort Walton Beach
Heating & Cooling
- Heating/Cooling: AC - Window/Wall, Heat - Wall/Window, Water Heater - Elect
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Structural Information
- Architectural Style: Fourplex
- Construction: Brick
- Stories/Levels: 2
- Square Feet: 2,550
- Sq. Ft. Source: County PA Records
- Year Built: 1951
Lot Features
- Lot Size (Acres): 0.16
- Lot Dimensions: 70 x 100
- Street/Road Desc.: Paved Road
- Lot Features: Within 1/2 Mile to Water
- Zoning: Commercial, Resid Multi-Family
Financial Considerations
- Tax Amount: $2,889
- Tax Year: 2024
- Terms: Conventional
Disclosures and Reports
- Legal Description: Gibson Add Lots 8 & 9 Ex S 50 Ft Of Lot 9 Blk K
- APN: 13-2S-24-1050-000K-0080
Listed by World Impact Real Estate
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Schools
Schools serving 125 Beal Pkwy
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Elliott Point Elementary School 301 Hughes Street Northeast, Fort Walton Beach, FL 32548 | PK-5 | 1.3 mi |
Clifford Meigs Middle School 150 Richbourg Avenue, Shalimar, FL 32579 | 6-8 | 3.3 mi |
Choctawhatchee Senior High School 110 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 9-12 | 3.1 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 125 Beal Pkwy
Date
Details
Price
Change
Source
9/11/2025
Listed
$397,000
248.25%
MLS
2/04/2003
Sold
$114,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 125 Beal Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,142
9%
$231,770
9%
2024
$2,880
6%
$212,421
9%
2023
$2,711
-2%
$195,348
22%
2021
$2,764
-5%
$160,160
-12%
2022
$2,920
6%
$182,820
19%
2021
$2,764
16%
$153,500
1%
2019
$2,383
3%
$151,710
5%
2018
$2,306
6%
$144,196
7%
2017
$2,180
6%
$134,396
5%
2016
$2,062
-1%
$127,716
1%
2015
$2,084
—
$126,161
1%
2014
$2,080
2%
$124,706
3%
2013
$2,034
—
$121,156
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 125 Beal Pkwy
125 Beal Parkway, Fort Walton Beach, FL 32548 (MLS# 985178) is a Townhouse property with 4 bedrooms and 4 full bathrooms. 125 Beal Parkway is currently listed for $397,000 and was received on September 11, 2025. Want to learn more about 125 Beal Parkway? Do you have questions about finding other Townhouse 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.

