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$397,000

  • For Sale
  • Active
  • Multi-Family
  • 0.16 Acres
  • Updated 1 hour ago
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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 for 125 Beal Pkwy

General

  • Price: $397,000
  • Taxes: $2,889 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Emerald_Coast
  • MLS ID: 985178
  • Updated: 5/28/2026
  • Added to Site: 259 day(s) ago

Interior

  • Number of Rooms: 6
  • Appliances: Refrigerator, Stove/Oven Electric, Water Heater - Elect
  • Furnishings: Furnished - None

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Fenced Back Yard
  • Porch/Patio/Deck: 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

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Heat - Wall/Window
  • Heating/Cooling: Heat - Wall/Window, Wall/Window Unit(s)

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Public Water

Structural Information

  • Architectural Style: Fourplex
  • Construction: Brick
  • Exterior Const.: 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 Size (Sq. Ft.): 6,969.6
  • Lot Dimensions: 70 x 100
  • Street/Road Desc.: Paved
  • Lot Features: Within 1/2 Mile to Water
  • Zoning: Commercial, Resid Multi-Family

Financial Considerations

  • Tax Amount: $2,889
  • Tax Year: 2024

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
  • Property ID: 13-2S-24-1050-000K-0080

Listed by World Impact Real Estate

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Listing agents

— 125 Beal Pkwy —

  • World Impact Real Estate

  • World Impact Real Estate

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 125 Beal Pkwy

School District:Okaloosa County School District
NameGradesDistance
Elliott Point Elementary School
301 Hughes Street Northeast, Fort Walton Beach, FL 32548
PK-51.3 mi
Clifford Meigs Middle School
150 Richbourg Avenue, Shalimar, FL 32579
6-83.3 mi
Choctawhatchee Senior High School
110 Racetrack Road Northwest, Fort Walton Beach, FL 32547
9-123.1 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 125 Beal Pkwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/11/2025
Listed
$397,000
248.25%
MLS
2/04/2003
Sold
$114,000
—
Public Record
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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125 Beal Parkway, Fort Walton Beach, FL 32548 (MLS# 985178) is a Multi-Family property with units containing 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 Multi-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.

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