720 Powell Drive #UNIT 2

Niceville, FL 32578
$470,000
4 beds | 2.00 baths | #962329
For Sale

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.

  • Property Details
      • Interior:Floor Tile, Floor Vinyl, Washer/Dryer Hookup
      • Bedrooms:4
      • Bathrooms:2.00
      • Exterior features:Fenced Back Yard, Fenced Lot-All, Fenced Privacy
      • Exterior materials:Siding Wood
      • Property type:Purchase
      • Style:Duplex
      • Year built:1947
      • Energy:AC - Central Elect, AC - Central Gas, Ceiling Fans, Heat Cntrl Electric, Heat Cntrl Gas, Water Heater - Elect, Water Heater - Gas
      • Utility features:Electric, Gas - Natural, Public Sewer, Public Water
      • Appliances:Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Stove/Oven Gas, Washer
      • Subdivision:NICEVILLE
      • Community features:Short Term Rental - Allowed
      • Elementary School:Edge
      • Middle School:Ruckel
      • High School:Niceville
      • Taxes annual:$2, 227
      • Taxes annual_year:2023
      • MLS #:962329
      • Cost:470000
      • Property subtype:Attached Single Unit
      • MLS #:962329
      • Property condition:Construction Complete

Location

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Last Updated: . Source: ECAR

Listing Courtesy
Listing Agent: Athena P Riley
Listing Office: NextHome Cornerstone Realty

Central Bay Realty and Property ManagementReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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Selling & Buying

About

Contact

    Account

    • Roy F Furst

      Licensed Real Estate Broker

      Central Bay Realty

      Phone: (850) 257-5016

      Email: centralbayrealestate@gmail.com
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      Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.