115 Se Chicago Ave, Fort Walton Beach, FL 32548

$345,000
: 4
BD
: 3
BA
: 2,050
SqFt

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Sold Price: $345,000
List Price: $345,000
Closing Date: Dec 04, 2025
Days on Market: 69
MLS#: 986124
Status: CLOSED
Type: Single Family Residential
Subtype: Detached Single Family
Bedrooms: 4
Bathrooms: 3
Full Bathrooms: 3
Living Area: 2,050
Lot Size: 15,681
Neighborhood: East Fort Walton Beach

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Property Description

Investor's dream! Two properties on one lot in the heart of Fort Walton Beach offering dual income streams. 115 Chicago Ave is a 3BR/2BA home with 1,378 sq ft, built in 1951, and currently operates as an Airbnb that can be sold fully furnished and turn-key. 113 Chicago Ave is a 1BR/1BA home with 672 sq ft, built in 1978, and serves as a long-term rental generating $800/month on a flexible month-to-month lease. Live in one, rent the other, or maximize returns with both! 2020 & 2022 HVACs and 2021 water heaters. Located just minutes from shopping, dining, downtown Fort Walton Beach, and the sugar-white beaches of the Emerald Coast, this property provides instant cash flow and long-term potential.Property Website (https://www.115chicagoavese.com/unbranded)

850.419.5934

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Additional Information

Acres: 0.36
Appliances: Dishwasher, Dryer, Freezer, Microwave, Washer, Electric Water Heater
Style: Ranch
Elementary School: Elliott Point
High School: Fort Walton Beach
Interior Features: Washer Hookup
Legal Description: OCEAN CITY LOT 244 & S 28FT OF LOT 245 & N 20FT OF LOT 243 & W1/2 VACATED ALLEY ADJ THEREOF ORD # 1575
Lot Features: Irregular Lot
Middle School: Bruner
Neighborhood: East Fort Walton Beach
Stories: 1
Subdivision: Ocean City
Year Built: 1951
Zoning: City, Resid Multi-Family