$304,900

REO property. Investor special!! Positioned in the heart of Fort Walton Beach and now offered at $95,000 below the original list price, this property presents a rare opportunity for savvy buyers that are willing to put in the work to fix up this property. Major system updates have been completed including a new roof, updated electrical panel, two brand-new HVAC systems, new water heater, new carpet, and a screened lanai, allowing you to focus on updating the inside the way you want! Ideally located just minutes from Eglin AFB, Hurlburt Field, shopping, dining, and the Emerald Coast's white sandy beaches, this home is strategically positioned to benefit from steady demand from military personnel, contractors, vacationers, and future buyers alike. The flexible floor plan offers the potential for an easy conversion to a 3-bedroom layout or more, creating additional value and increasing rental appeal. Outside, the private screened-in pool, dedicated pool bathroom, expansive covered patio, and spacious backyard create the kind of lifestyle amenities today's renters and buyers are actively searching for. Financing could be doable, but please understand that the house is old.