157 Monahan Dr, Fort Walton Beach, FL 32547

Property Description

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