401 NW Marshall Ct Unit #1, Ft Walton Beach, FL 32548

$87,500
2
BD
2
BA
994
SqFt

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Sold Price
$87,500
List Price
$98,000
Closing Date
May 15, 2026
MLS#
674788
Status
SOLD
Type
Condo
Year Built
1978
Acres
4.81
City
Ft Walton Beach
Subdivision
Spanish Villas Condo
Bedrooms
2
Bathrooms
2

Property Description

Seller will consider Owner Financing! Fantastic opportunity to own your own home or invest in a rental property in the heart of Fort Walton Beach! This first-floor unit in Spanish Villas offers excellent potential with several key updates already completed. Features include wood-look tile flooring throughout, granite countertops in the kitchen, and a new HVAC system installed in 2020. The water heater was replaced in 2012. With a little remodeling and finishing touches, this unit can generate strong rental income—comparable units in Spanish Villas lease for approximately $1,500–$1,800 per month depending on upgrades and finishes. Many of the major improvements are already in place, making this a great option for investors looking to add value and maximize returns or buyers looking for an affordable and nice place to live. You'll love having a pool on site as well as tennis courts, a community room and BBQ Pit/grill. Plus new renovated community Laundry facility. Perfect location near shopping, dining, schools, and military bases. Not to mention only a couple of miles to the beautiful beaches. This unit also comes with assigned parking. SPECIAL INCENTIVE being offered!!! Ask your agent for the details.

Additional Information

Style
Traditional
High School
Local School In County
Living Area
994
Lot Description
Central Access
Cooling
Central Air
Heating
Central
Roof
Flat
Pool Description
In Ground
Parking
Guest, Parking Lot
Elementary School
Local School In County
Middle School
LOCAL SCHOOL IN COUNTY
High School
Local School In County
Financing
Cash

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC. Selling Office: PAR Outside Area Listing Office.

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