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$222,500

$230,000 3.3%

Est. payment - /mo

2 Beds

3 Baths

1,330 SqFt

Sold on 04/25/2025

473 Keystone Road Mary Esther, FL 32569

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Kevin Dehlinger

Agent | License ID: SL3413116

+1(850) 502-0674

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Key Details

Sold Price $222,500

Property Type Townhouse

Sub Type Townhome

Listing Status Sold

Purchase Type For Sale

Square Footage 1,330 sqft

Price per Sqft $167

Subdivision Keystone T/H

MLS Listing ID 971058

Sold Date 04/25/25

Bedrooms 2

Full Baths 2

Half Baths 1

Construction Status Construction Complete

HOA Fees $35/mo

HOA Y/N Yes

Year Built 2001

Property Sub-Type Townhome

Property Description

This townhome in Mary Esther, Florida, is a prime investment opportunity with proven rental income. Currently rented at $1,600 per month per unit, it offers 1,330 square feet of well-designed living space, featuring 2 bedrooms and 2.5 bathrooms. With a low turnover rate and minimal vacancy periods, this property ensures steady cash flow. Located between Fort Walton Beach and Navarre, Mary Esther offers a mix of coastal charm and convenience, just minutes from the white sand beaches of the Emerald Coast. Hurlburt Field Air Force Base is nearby, fueling strong rental demand, while shopping, dining, and entertainment options add to the area's appeal. Whether you're expanding your portfolio or seeking a turnkey investment, this townhome is a rare find in a high-demand market.

Location

State FL

County Okaloosa

Area 12 - Fort Walton Beach

Zoning Resid Single Family

Rooms

Kitchen First

Interior

Appliance Cooktop, Range Hood, Refrigerator, Stove/Oven Electric

Exterior

Exterior Feature Deck Open, Fenced Privacy

Parking Features Garage

Garage Spaces 1.0

Pool None

Utilities Available Public Sewer, Public Water

Private Pool No

Building

Story 2.0

Structure Type Brick,Roof Shingle/Shake,Siding Vinyl

Construction Status Construction Complete

Schools

Elementary Schools Mary Esther

Others

Assessment Amount $35

Energy Description AC - Central Elect,Heat Cntrl Electric

Listed by Scenic Sotheby's International Realty
Bought with World Impact Real Estate

Learn More About LPT Realty