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$450,000

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 4 Full Baths
  • 2,356 Sq. Ft.
  • Updated 13 days ago
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Attention investors! Duplex investment opportunity in the heart of Fort Walton Beach! Step right into a cash flowing investment property, offering an exceptional ROI for investors looking to expand their rental portfolio. 8.5% Gross Cap Rate! The best part, if you are looking for one more duplex, the sister property, 512 Parkview Rd is also for sale next door, if you want to add another 2 units to your rental portfolio! Each unit features a comfortable 2-bedroom, 2-bathroom layout, providing ample living space and strong appeal for long-term tenants. Both Units are currently occupied with two long term leases at $1,600/month, renewing Spring of 2027. The functional floor plans offer spacious living areas with beautiful brick, wood burning fireplaces, recently updated kitchens, private bedrooms, and two full bathrooms per unit. Two separate residences under one roof. Conveniently located near local shopping, dining, schools, military installations, entertainment, and the beautiful Emerald Coast beaches, this property puts residents close to everything Fort Walton Beach has to offer. Whether you're an experienced investor or newer, this duplex offers versatility, location, and income-producing returns in a highly desirable Northwest Florida market. New roof to be installed in Sept. 2026. These rarely come to the market. Don't miss your chance to own a great income producing asset.

Full Property Details for 510 NW Parkview Rd #A & B

General

  • Price: $450,000
  • Taxes: $3,527 (2025)
  • Status: Active
  • Type: Duplex
  • Source: Emerald_Coast
  • MLS ID: 1011119
  • Updated: 9/14/2026
  • Added to Site: 26 day(s) ago

Rental Information

  • Complex Features: Pets Allowed, Separate Storage

Interior

  • Number of Rooms: 6
  • Interior Features: Ceiling Cathedral, Fireplace, Pantry, Split Bedroom, Washer/Dryer Hookup
  • Appliances: Dishwasher, Disposal, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Water Heater - Gas
  • Flooring: Floor Tile, Floor Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Fenced Back Yard, Lawn Pump
  • Porch/Patio/Deck: Patio Open, Porch, Porch Open

Location

  • Area: 12 - Fort Walton Beach
  • County: Okaloosa
  • Subdivision: GOLF VIEW ON PARKVIEW
  • Driving Directions: From Racetrack Rd NW., turn North onto Denton Blvd, for .5 of a mile. Veer left onto Parkview NW Rd., and 510 Parkview Rd. is .2 of a mile on the left. 2 Mins from Racetrack Rd NW.

School Information

  • Elementary School: Edwins
  • Middle School: Pryor
  • High School: Choctawhatchee

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Gas - Natural, Public Water, TV Cable

Structural Information

  • Architectural Style: Duplex
  • Construction: Concrete, Frame, Siding Vinyl, Trim Vinyl
  • Exterior Const.: Concrete, Frame, Siding Vinyl, Trim Vinyl
  • Square Feet: 2,356
  • Sq. Ft. Source: County PA Records
  • Year Built: 1983

Lot Features

  • Frontage: City Street, Easement
  • Street/Road Desc.: Paved
  • Lot Features: Easements, Level, Survey Available
  • Zoning: Resid Multi-Family
  • Fencing (Description): Fenced Lot-All

Financial Considerations

  • Tax Amount: $3,527.52
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: JACKSONS HTS S/D LOT 12 BLK 6
  • APN: 35-1S-24-1300-0006-0120
  • Property ID: 35-1S-24-1300-0006-0120

Listed by LPT Realty LLC

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Listing agent

— 510 NW Parkview Rd #A & B —

  • LPT Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

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 510 NW Parkview Rd #A & B

School District:Okaloosa County School District
NameGradesDistance
Longwood Elementary School, Shalimar, FL
50 Holly Avenue, Shalimar, FL 32579
PK-52.4 mi
W. C. Pryor Middle School
201 Racetrack Road Northwest, Fort Walton Beach, FL 32547
6-80.6 mi
Choctawhatchee Senior High School
110 Racetrack Road Northwest, Fort Walton Beach, FL 32547
9-120.5 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 510 NW Parkview Rd #A & B Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/02/2026
Listed
$450,000
11.32%
MLS
5/02/2025
Sold
$404,250
—
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 510 NW Parkview Rd #A & B

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,528
22%
$298,648
40%
2024
$2,896
—
$213,576
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by LPT Realty LLC

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510 NW Parkview Road #A & B, Fort Walton Beach, FL 32547 (MLS# 1011119) is a Duplex property with 4 bedrooms and 4 full bathrooms. 510 NW Parkview Road #A & B is currently listed for $450,000 and was received on September 02, 2026. Want to learn more about 510 NW Parkview Road #A & B? Do you have questions about finding other Duplex 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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