720 Powell Drive #UNIT 2 new

Niceville,FL 32578

$ 485000

4 Beds

2 Baths

1938 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,938 sqft

Price per Sqft $250

Subdivision Niceville

MLS Listing ID 962329

Bedrooms 4

Full Baths 2

Construction Status Construction Complete

HOA Y/N No

Year Built 1947

Annual Tax Amount $2,227

Tax Year 2023

Property Description

Fantastic Duplex Investment Opportunity in the Heart of Niceville! Updated duplex with rental income potential, ideal for investors! Live in one unit while renting the fully furnished Airbnb-ready unit, or lease both for a strong return. Unit #1: 2 bed, 1 bath, 980 sq ft. Stainless steel appliances, washer/dryer, pet-friendly yard. Close to Eglin AFB and amenities. This unit has rented from $1,150-$1,750 since 2018. Unit #2: 2 bed, 1 bath, 950 sq ft. Fully furnished, Airbnb/VRBO-ready with modern amenities. Guests love proximity to parks, brewery, and trails. Highlights: New roof (2018), AC (2023), carport parking, 20 mins to Destin! Separate entrances provide privacy for long-term or short-term renters. Strong rental demand with access to top-rated schools and a thriving community.

Location

State FL

County Okaloosa

Area 13 - Niceville

Zoning Resid Multi-Family

Rooms

Guest Accommodations Short Term Rental - Allowed

Kitchen First

Interior

Interior Features Floor Tile,Floor Vinyl,Washer/Dryer Hookup

Appliance Dishwasher,Dryer,Freezer,Microwave,Refrigerator,Refrigerator W/IceMk,Smoke Detector,Stove/Oven Electric,Stove/Oven Gas,Washer

Exterior

Exterior Feature Fenced Back Yard,Fenced Lot-All,Fenced Privacy

Garage Carport Attached

Pool None

Community Features Short Term Rental - Allowed

Utilities Available Electric,Gas - Natural,Public Sewer,Public Water

Private Pool No

Building

Story 1.0

Structure Type Siding Wood

Construction Status Construction Complete

Schools

Elementary Schools Edge

Others

Energy Description AC - Central Elect,AC - Central Gas,Ceiling Fans,Heat Cntrl Electric,Heat Cntrl Gas,Water Heater - Elect,Water Heater - Gas

Financing Conventional,FHA,VA

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