This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/20
$110,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/20
Property Description
Fantastic opportunity to own your own home or invest in a rental property in the heart of Fort Walton Beach! This first-floor unit in Spanish Villas offers excellent potential with several key updates already completed. Features include wood-look tile flooring throughout, granite countertops in the kitchen, and a new HVAC system installed in 2020. The water heater was replaced in 2012. With a little remodeling and finishing touches, this unit can generate strong rental income-comparable units in Spanish Villas lease for approximately $1,600-$1,800 per month depending on upgrades and finishes. Many of the major improvements are already in place, making this a great option for investors looking to add value and maximize returns or buyers looking for an affordable and nice place to live. You'll love having a pool on site as well as tennis courts, a community room and BBQ Pit/grill. Perfect location near shopping, dining, schools, and military bases. Not to mention only a couple of miles to the beautiful beaches. This unit also comes with assigned parking.
Full Property Details
Full Property Details for 401 NW Marshall Ct #1
General
- Price: $110,000
- HOA FEE: $7,663
- Status: Active
- Type: Condo
- Source: Pensacola
- MLS ID: 674788
- Updated: 1/8/2026
- Added to Site: 38 day(s) ago
Interior
- Appliances: Electric Water Heater, Built In Microwave, Dishwasher
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom 1: 14 x 12, First Level, 168 Sq. Ft.
Other Rooms
- Kitchen: Updated, Granite Counters, 13 x 12, First Level, 156 Sq. Ft.
- Dining Room: Breakfast Bar, Living/Dining Combo
- Laundry: W/D Hookups
Additional Information
- Shared Amenities: Pool, Community Room, Tennis Court(s)
- Shared Pool: Yes
- Pool: Yes
- Pool Description: In Ground
- Tennis: Yes
Exterior
- Deck/Patio: Covered
Parking
- Parking Features: Guest, Parking Lot
Location
- County: Okaloosa
- Subdivision: Spanish Villas Condo
- Building Name: Spanish VIllas
- Driving Directions: North on Mary Esther Blvd, Turn Right onto Wright Pkwy, Then 2nd left after Marshall Ct sign. Marshall Ct is one way so take 2nd entrance and follow street to building 401. First floor, unit 1.
School Information
- Elementary School: Local School In County
- Middle School: LOCAL SCHOOL IN COUNTY
- High School: Local School In County
Community
- Association: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Frame
- Roof: Flat
- Stories/Levels: 1
- Square Feet: 994
- Year Built: 1978
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 4.81
- Street/Road Desc.: Paved
- Road Maintenance: Public Maintained Road
- Lot Features: Central Access
- Zoning: Res Multi
Financial Considerations
- Price Per Sq. Ft.: $110.66
- Association Fee: $7,663
Disclosures and Reports
- Property ID: 152S24187A04010010
Listed by EXP Realty, LLC
Get Pre-Approved Today
Schools
Schools serving 401 NW Marshall Ct #1
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 | 1.1 mi |
Max Bruner Junior Middle School 322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548 | 6-8 | 0.6 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 0.9 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 401 NW Marshall Ct #1
Date
Details
Price
Change
Source
12/11/2025
Listed
$110,000
—
MLS
4/28/2021
Sold
$110,000
—
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 401 NW Marshall Ct #1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,450
10%
$110,250
11%
2024
$1,316
1%
$99,750
-5%
2023
$1,308
47%
$105,000
98%
2021
$887
-27%
$53,000
-33%
2022
$1,222
38%
$78,750
50%
2021
$887
31%
$52,380
32%
2019
$679
16%
$39,761
10%
2018
$584
10%
$36,146
10%
2017
$533
1%
$32,860
—
2016
$530
-22%
$32,860
-21%
2015
$683
8%
$41,340
9%
2014
$634
-3%
$38,000
-3%
2013
$655
—
$39,000
—
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 401 NW Marshall Ct #1
401 NW Marshall Ct #1, Fort Walton Beach, FL 32548 (MLS# 674788) is a Condo property with 2 bedrooms and 2 full bathrooms. 401 NW Marshall Ct #1 is currently listed for $110,000 and was received on December 11, 2025. Want to learn more about 401 NW Marshall Ct #1? Do you have questions about finding other Condo 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.

