Schedule Tour
$699,900

131 Bayou View Dr

Fort Walton Beach, FL
Active
8
Bedrooms
4
Bathrooms
3,180
Square Feet
1980
Year Built
13
Days On Market

Welcome to 131 Bayou View Drive, a beautifully updated four-unit investment property in the heart of Fort Walton Beach. This two-building duplex offers four spacious 2-bedroom, 1-bath units, three already remodeled with vinyl or tile flooring, fresh paint, new cabinets, updated doors and fixtures, and more. Each unit also has its own private fenced yard and in-unit laundry hookups, giving tenants the space, privacy, and convenience they want. This property has been well maintained and updated over the years. The roof was replaced in 2017, all four water heaters were replaced in 2022, and the AC systems have been updated between 2018 and 2021, so buyers can expect minimal near-term capital expense. Separate utility meters mean tenants pay their own utilities, keeping owner costs low, and a termite bond is already in place for added peace of mind. The property is fully occupied, providing an investor with strong current rental income from day one. Beyond the four units, a bonus storage building on site adds even more income potential, with room to add rentable storage space beyond what is currently rented. With updated systems and low ongoing maintenance needs, this is a true turnkey opportunity for an investor looking for built-in upside, or for anyone drawn to the charm and privacy of updated units just minutes from the beach. Located in one of the Panhandle's most in-demand rental markets, close to shopping, dining, and the beach. Schedule your showing today.

Listing Information

Listing Updated
12 days ago
Listed By
Michelle Martin · EXP Realty LLC
MLS#
1012523
Source
Emerald Coast Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
131 Bayou View Dr, Fort Walton Beach, FL 32547
City
Fort Walton Beach
County
Okaloosa
Neighborhood
FIELD S/D
Zip Code
32547

Architecture

Bedrooms
8
Bathrooms
4
Year Built
1980
Style
Fourplex
Construction Materials
Wood Siding, Stucco
Building Area
3,180 sq. ft.
Roof
Shingle
Garage Spaces
0

Features & Amenities

Appliances
Dishwasher, Electric Water Heater, Refrigerator
Flooring
Tile, Vinyl
Exterior Features
Private Yard
Patio and Porch
Covered, Patio
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Electric, Central

Property Features

Lot Features
Interior Lot
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available
Zoning
Resid Multi-Family

Square Footage

Total
3,180 sq. ft.

Tax & Financial Information

List Price
$699,900
Annual Taxes
$4,574

Schools

78/100
Choctawhatchee Senior High School
High · Grades 09–12 · 1.6 mi
City
Fort Walton Beach
Students
1,637
Parent reviews
5.0★ avg · 2 reviews
Student body
61% White · 15% Black · 14% Hispanic / Latino
Free/reduced lunch
43%
Phone
(850) 833-3614
69/100
Liza Jackson Preparatory School
Elementary · Grades KG–08 · 1.6 mi
City
Fort Walton Beach
Students
971
Parent reviews
4.0★ avg · 2 reviews
Student body
69% White · 11% Hispanic / Latino · 9% Two or More Races
Free/reduced lunch
19%
Phone
(850) 833-3321
56/100
Fort Walton Beach High School
High · Grades 09–12 · 1.7 mi
City
Fort Walton Beach
Students
1,654
Student body
61% White · 14% Black · 12% Hispanic / Latino
Free/reduced lunch
37%
Phone
(850) 833-3300
55/100
Mary Esther Elementary School
Elementary · Grades PK–05 · 2 mi
City
Mary Esther
Students
493
Student body
41% White · 24% Black · 17% Hispanic / Latino
Free/reduced lunch
64%
Phone
(850) 833-3371
53/100
Silver Sands-Excep. Children
7th & Above · Grades PK–12 · 1.1 mi
City
Fort Walton Beach
Students
131
Student body
62% White · 21% Black · 13% Hispanic / Latino
Free/reduced lunch
62%
Phone
(850) 833-3364
52/100
Wright Elementary School
Elementary · Grades PK–05 · 0.5 mi
City
Fort Walton Beach
Students
635
Student body
42% Hispanic / Latino · 33% White · 15% Black
Free/reduced lunch
73%
Phone
(850) 833-3580
52/100
Max Bruner Junior Middle School
Middle · Grades 06–08 · 1.3 mi
City
Fort Walton Beach
Students
801
Student body
49% White · 23% Black · 14% Two or More Races
Free/reduced lunch
60%
Phone
(850) 833-3266
52/100
Okaloosa Academy
7th & Above · Grades 02–12 · 1.6 mi
City
Fort Walton Beach
Students
164
Student body
41% White · 34% Black · 13% Hispanic / Latino
Free/reduced lunch
84%
Phone
(850) 864-3133

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/22/2026Listed for sale$699,900

Listed by Michelle Martin · EXP Realty LLC


IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Alene Civil is here to help. Reach out and expect a response within one business day.

How can I help?

Alene Civil is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Keisha is here to help. Reach out and expect a response within one business day.

Mortgage pre-approval

Your Next Chapter Starts With Just A Few Steps

Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.

Keisha
Durand
Keisha
LO NMLS: #972729

Pre-approval made easy

We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.