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$490,000
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Property Description
Excellent Investment Opportunity! This well-maintained triplex in Fort Walton Beach offers strong rental income potential. Units 1 and 3 each feature 2 bedrooms and 1 bathroom, while Unit 2 includes 1 bedroom, 1 bathroom, and a small bonus room--perfect for an office or extra storage. All three units are two-story layouts and include a covered entryway, indoor laundry room, and open patio with a private fenced yard. Conveniently located just 0.3 miles from Highway 98, this property combines comfort, functionality, and a prime location ideal for tenants. Unit #1 was updated Aug '25 and is vacant. Unit #2 is renewed on a 1 year lease and includes updates to the bathroom. Unit #3 is occupied and has no updates.
Full Property Details
Full Property Details for 40 NW Wright Parkway NW #A
General
- Sold For: $490,000
- Status: Closed
- Type: Townhouse
- Source: Emerald_Coast
- MLS ID: 982835
- Added to Site: 159 day(s) ago
Interior
- Rooms/Areas: Bedroom, Kitchen, Living Room
- Interior Features: Floor Vinyl, Floor WW Carpet, Washer/Dryer Hookup
- Appliances: Dishwasher, Refrigerator, Stove/Oven Electric
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Exterior
- Exterior Features: Fenced Privacy, Patio Open
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: Oakland Addn
- Driving Directions: From Mary Esther Cutoff: Heading North, turn right on Wright Pkwy. Pass Holmes Blvd and it's the second entrance on the right. Units are on the left.
School Information
- Elementary School: Edwins
- 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: Triplex
- Construction: Frame, Roof Composite Shngl, Siding Brick Some, Siding Wood, Trim Wood
- Stories/Levels: 2
- Square Feet: 2,478
- Sq. Ft. Source: County PA Records
- Year Built: 1977
Lot Features
- Lot Dimensions: 75 x 68
- Lot Features: Dead End
- Zoning: City, Resid Multi-Family
Disclosures and Reports
- Legal Description: OAKLAND ADD S 68.2 FT OF E 75 FT OF
- APN: 09-2S-24-1860-0003-007A
Listed by Coastal Realty Services
Sold by Blue Anchor Realty LLC
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Schools
Schools serving 40 NW Wright Parkway NW #A
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Annette P. Edwins Elementary School 7 Wright Parkway Southwest, Fort Walton Beach, FL 32548 | PK-5 | 0.6 mi |
Max Bruner Junior Middle School 322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548 | 6-8 | 0.3 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 0.4 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 40 NW Wright Parkway NW #A
Date
Details
Price
Change
Source
10/02/2025
Sold
$490,000
2.1%
MLS
8/11/2025
Listed
$479,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40 NW Wright Parkway NW #A, Fort Walton Beach, FL 32548 (MLS# 982835) is a Townhouse property that was sold at $490,000 on October 02, 2025. Want to learn more about 40 NW Wright Parkway NW #A? 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.

