Fort Walton Beach, FL 32548,40 & 38 NE Irwin AVE
Fort Walton Beach, FL 32548,40 & 38 NE Irwin AVE
Fort Walton Beach, FL 32548,40 & 38 NE Irwin AVE
Fort Walton Beach, FL 32548,40 & 38 NE Irwin AVE
Fort Walton Beach, FL 32548,40 & 38 NE Irwin AVE
Fort Walton Beach, FL 32548,40 & 38 NE Irwin AVE
See all 67 photos

$375,000

$450,000

16.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

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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 Emerald Coast MLS - IDX
Listed by Jennifer Purdy Coldwell Banker Realty

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 16
  • 9

    Liza Jackson Preparatory School

    Public | KG - 8

  • 9

    Kenwood Elementary School

    Public | PK - 5

  • 8

    Northwest Florida Ballet Academie

    Public | 3 - 8

  • 7

    Annette P. Edwins Elementary School

    Public | PK - 5

  • 7

    Wright Elementary School

    Public | PK - 5

  • 4

    Elliott Point Elementary School

    Public | PK - 5

  • 4

    Longwood Elementary School

    Public | PK - 5

  • 4

    Shalimar Elementary School

    Public | PK - 5

  • 0

    Silver Sands-Exceptional Children

    Public | PK - 12

  • 0

    Infinite Grace Autism Academy

    Private | PK - 12

  • 0

    Calvary Christian Academy & Preschool

    Private | PK - 12

  • 0

    Emerald Coast Christian School

    Private | 4 - 8

  • 0

    St Mary Catholic School

    Private | PK - 8

  • 0

    Montessori Learning Center

    Private | PK - KG

  • 0

    Cinco Christain School

    Private | PK - 8

  • 0

    Okaloosa Virtual Instruction Program

    Public | KG - 12

Middle Schools 6
  • 7

    W. C. Pryor Middle School

    Public | 6 - 8

  • 6

    Clifford Meigs Middle School

    Public | 6 - 8

  • 5

    Max Bruner Junior Middle School

    Public | 6 - 8

  • 0

    Adolescent Substance Abuse

    Public | 6 - 12

  • 0

    Okaloosa Academy

    Public | 6 - 12

  • 0

    Ami Kids Emerald Coast

    Public | 6 - 12

High Schools 2
  • 6

    Fort Walton Beach High School

    Public | 9 - 12

  • 6

    Choctawhatchee Senior High School

    Public | 9 - 12

School and business data provided by Attom Data.
Andrew Turner

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 339-1715

andrewturnerrealtor@gmail.com

755b Grand Blvd 105286, Miramar Beach, Florida, 32550, USA

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