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
Pending
$479,900
148 Alabama Ave #A-C, Fort Walton Beach, FL 32548
5beds
2,868sqft
Est.:
Attached Single Unit, Triplex
Built in 1982
-- sqft lot
$470,700 Zestimate®
$167/sqft
$-- HOA
What's special
- 16 days
- on Zillow |
- 228 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: August 13, 2025 at 12:14pm
Listed by:
Joe J Capelotti 850-217-8060,
Coastal Realty Services
Source: ECAOR,MLS#: 982905
Originating MLS: Emerald Coast

Travel times
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 & HOA
Community
- Subdivision: Bel Air
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $167/sqft
- Date on market: 8/12/2025
- Cumulative days on market: 16 days
- Lease term: 7 - 12 Months
- Total actual rent: 925
- Electric utility on property: Yes
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