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$98,000 -$7,000 (-6.67%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 994 Sq. Ft.
  • Updated 3 hours ago
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Seller motivated! SPECIAL INCENTIVE being offered if closed by MAY 1st. Seller will pay for HOA dues for balance of the year or $5,000 towards your closing costs and prepaid expenses. YOUR CHOICE! 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. Plus new renovated community Laundry facility. 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 for 401 NW Marshall Ct #1

General

  • Price: $98,000
  • HOA FEE: $7,663
  • Status: Active
  • Type: Condo
  • Source: Pensacola
  • MLS ID: 674788
  • Updated: 3/19/2026
  • Added to Site: 98 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.: $98.59
  • Association Fee: $7,663

Disclosures and Reports

  • Property ID: 152S24187A04010010

Listed by EXP Realty, LLC

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Listing agent

— 401 NW Marshall Ct #1 —

  • EXP Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 401 NW Marshall Ct #1

School District:Okaloosa County School District
NameGradesDistance
Annette P. Edwins Elementary School
7 Wright Parkway Southwest, Fort Walton Beach, FL 32548
PK-51.1 mi
Max Bruner Junior Middle School
322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548
6-80.6 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-120.9 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 401 NW Marshall Ct #1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Price Reduced
$98,000
-6.67%
MLS
1/19/2026
Price Reduced
$105,000
-4.55%
MLS
12/11/2025
Listed
$110,000
340%
MLS
6/19/2017
Sold
$25,000
—
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 401 NW Marshall Ct #1

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,096
8%
$100,000
5%
2024
$1,018
-1%
$95,000
-5%
2023
$1,025
24%
$100,000
89%
2021
$828
-13%
$53,000
-29%
2022
$957
16%
$75,000
55%
2021
$828
24%
$48,500
26%
2019
$667
19%
$38,500
10%
2018
$560
11%
$35,000
13%
2017
$503
1%
$31,000
—
2016
$500
-22%
$31,000
-21%
2015
$644
2%
$39,000
3%
2014
$634
-3%
$38,000
-3%
2013
$655
—
$39,000
—
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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NMLS#: 1598647

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Listed by EXP Realty, LLC

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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 $98,000 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.

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