$375,000
$450,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
8,712 SqFt
SOLD DATE : 01/27/2026
Key Details
Sold Price $375,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,712 sqft
Price per Sqft $43
MLS Listing ID 982579
Sold Date 01/27/26
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 89 x 98
Source Emerald Coast Association of REALTORS®
Property Description
Don't miss this rare opportunity to own two prime investment properties in the Town of Cinco Bayou, on the edge of the highly sought after Elliott Point neighborhood—just steps from Cinco Bayou, the public boat launch, local churches, popular restaurants, and retailers.
This two parcel investment opportunity consist two homes with long and short term rental history. The front building features a beautifully renovated (2023) 2-bedroom, 1-bathroom home, currently operating as a successful short term rental. With its prime location and flexible layout, this space could easily be converted into a boutique office, retail shop, or professional studio. Guests and clients alike are welcomed by a large pergola-covered front patio— an ideal setting for relaxing or entertaining under the Florida sun. The spacious back patio offers a peaceful retreat, perfect for al fresco dining or an outdoor break area.
The second home includes a completely renovated (2023) two-story structure with 1 bedroom, 1 bathroom, a kitchen, and a living area upstairs, and storage downstairs which could potentially be converted into a third living space. Upstairs, all new flooring and modern finishes make this space move-in or rent-ready.
Whether you're seeking an income-generating short term rental, a live/work setup, or a dynamic mixed-use investment, this gem offers unmatched versatility and charm.
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Zoning C-2 General Com
Direction From Eglin Parkway turn onto Irwin Ave. Property is on the left.
Exterior
Garage No
Building
Faces From Eglin Parkway turn onto Irwin Ave. Property is on the left.
New Construction No
Others
Pets Allowed No
Tax ID 12-2S-24-0460-0010-0120; 12-2S-24-0460-0010-011A
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