157 Monahan Drive

Fort Walton Beach, FL 32547 · Home

Rare 98 ft of waterfront property with a 2 story dock, boat lift w/ electric & water, and multiple private lockout suites. It's flexible layout offers multiple possibilities. Perfect for a full-time coastal retreat, secondary home, Airbnb or multi generational property. No HOA and short term rental is allowed. Currently operating as a thriving turnkey waterfront rental property with proven success at its start in 2024 and going strong to the present. Enjoy stunning views, beautiful sunsets, expansive outdoor living space, a large balcony, and direct water access. OTHER FEATURES: LIGHT & BRIGHT GREAT ROOM, GRANITE COUNTER TOPS, LARGE KITCHEN ISLAND, COMMERCIAL REFRIGERATOR, 2 LAUNDRY AREAS, GAME ROOM, 3 LOCK OUT SUITES W/ KITCHENETTES, AMPLE PARKING, WHOLE HOME GENERATOR, 2 STORAGE SHEDS, 2020 AC UNIT, FLOOD GATES, EFFECTIVE YEAR BUILT 2000 2024 GROSS $160, 902 2025 GROSS $145, 328

Facts & Features

Property Info

Price: $1,130,000
Completion Year: 1,969
Living Space: 3,205 sq ft
Floors: 2
Bedrooms: 7
Bathrooms: 6

Features & Amenities

Cooling

Ceiling Fans

Appliances

Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect