Excellent Investment Opportunity! This well-maintained triplex in Fort Walton Beach offers strong rental income potential. Units A and C each feature 2 bedrooms and 1 bathroom, while Unit B includes 1 bedroom, 1 bathroom, and a small bonus room--perfect for an office or extra storage. All three units are two-story layouts and include a covered entryway, indoor laundry room, and open patio with a private fenced yard. All units are currently occupied on a rental agreement
Sold for $490,000 on 10/02/25
$490,000
148 Alabama Ave #A-C, Fort Walton Beach, FL 32548
5beds
2,868sqft
Attached Single Unit, Triplex
Built in 1982
-- sqft lot
$489,900 Zestimate®
$171/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 03, 2025 at 01:50am
Listed by:
Joe J Capelotti 850-244-2100,
Coastal Realty Services
Bought with:
Joshua C Scott, 3530044
Blue Anchor Realty LLC
Source: ECAOR,MLS#: 982905
Originating MLS: Emerald Coast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: MBed Carpeted
- Level: Second
Bedroom
- Level: Second
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Refrigerator, Electric Range, Electric Water Heater
- Laundry: Laundry Room
Features
- Bedroom, Kitchen, Living Room, Master Bedroom
- Flooring: Tile
Interior area
- Total structure area: 2,868
- Total interior livable area: 2,868 sqft
Property
Features
- Stories: 2
- Pool features: None
Details
- Parcel number: 112S24204100000210
- Zoning description: City,Resid Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Attached Single Unit, Triplex
- Attached to another structure: Yes
Materials
- Siding Brick Some
Condition
- Construction Complete
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Fort Walton Beach
- Subdivision: Bel Air
HOA & financial
Other financial information
- Total actual rent: 925
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$489,900
2% more+$9,798
With Zillow Showcase(estimated)$499,698