- 2 beds
- 2 baths
- 1,188 sqft
- 1,742 sqft lot
- $218 per sqft
- 1983 build
- – on site
Charming Townhouse Near Downtown Fort Walton Beach - Prime Investment Opportunity! Discover this adorable 2-bedroom, 1.5-bath townhouse perfectly situated just steps from the heart of downtown Fort Walton Beach! Currently operating as a successful short-term rental, this home is not only move-in ready but also a fantastic investment opportunity. Enjoy the best of both worlds - peaceful living with easy access to vibrant local events, restaurants, shops, and nightlife, all within walking distance. The thoughtfully designed layout includes two spacious bedrooms, a functional kitchen, and a cozy living area that opens to your own private backyard oasis - ideal for entertaining or unwinding under the stars. Just a 10-minute drive to the stunning Emerald Coast beaches and only 15 minutes to Destin, you and your guests will love the easy access to some of Florida's most beautiful coastlines. Whether you're looking for a vacation home, rental income, or a cozy full-time residence, this townhouse checks all the boxes. Don't miss your chance to own a slice of paradise in a high-demand location!
Last checked:
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Last updated Jun 16, 2025
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MLS# 978122 —
The Building
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Year Built:1983
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Construction Materials:Siding Vinyl, Trim Vinyl
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Building Area Total:1188.0
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Building Area Source:County PA Records
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Architectural Style:Contemporary
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Stories:2
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Levels:None
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Window Features:Window Treatmnt Some
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Accessibility Features:None
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Direction Faces:None
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Patio And Porch Features:Patio Open
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Foundation Details:Slab
Interior
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Interior Features:Washer/Dryer Hookup
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Rooms Total:5
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Fireplace:No
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Fireplaces Total:None
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Laundry Features:None
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Flooring:Floor Tile, Floor Vinyl
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Buyer Financing:Conventional, VA
Location
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Directions:From Hwy 98, turn onto Perry Ave. Then veer right onto Ferry Road. Turn right onto 3rd Street. Townhome will be on the right.
The Property
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Property Type:Residential
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Property Subtype:Attached Single Unit
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Property Condition:Construction Complete
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Property Attached:None
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Lot Features:Within 1/2 Mile to Water
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Lot Size Acres:0.04
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Lot Size Area:0.04
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Lot Size SqFt:1742.4
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Lot Size Units:Acres
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Zoning:Resid Multi-Family
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Possible Use:None
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Parcel Number:13-2S-24-2351-0000-0020
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Topography:None
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Fencing:Fenced Privacy
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Waterfront:No
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:2653.45
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Tax Legal Description:THE SPINNAKER LOT 2
Beds
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Bedrooms Total:2
Baths
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Total Baths:1.5
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Total Baths:2
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Full Baths:1
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Half Baths:1
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Home Warranty:No
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Ceiling Fans, Central Air
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Cooling:true
Utilities
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Utilities:Electric, Public Water
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Electric:None
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher, Microwave, Refrigerator, Stove/Oven Electric, Water Heater - Elect
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Microwave:true
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Dishwasher:true
Schools
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Elementary School:Elliott Point
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Elementary School District:None
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Middle Or Junior School:Meigs
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Middle Or Junior School District:None
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High School:Choctawhatchee
The Community
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Subdivision Name:The Spinnaker
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Association:No
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Association Amenities:None
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Association Fee:None
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Pool Private:None
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Carport:false
Monthly cost estimate

Asking price
$260,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,392
|
Taxes | $221 |
Insurance | $71 |
Utilities | $142 See report |
Total | $1,826/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/6/25
Jun 6, 2025
|
Listed / Active | ECARMLS | $260,000 | 44.0% (13.1% / YR) |
1/28/22
Jan 28, 2022
|
ECARMLS | $180,500 | 16.5% | |
3/15/21
Mar 15, 2021
|
ECARMLS | $155,000 | 42.2% (19.9% / YR) |