$485,000
For Sale

720 Powell Drive #UNIT 2

Niceville, FL 32578
4 beds | 2.00 baths | #962329
Browse 76 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • InteriorFloor Tile, Floor Vinyl, Washer/Dryer Hookup
    • Beds & Baths
      • Bathrooms2.00
      • Bedrooms4
  • Property Details
      • Exterior FeaturesFenced Back Yard, Fenced Lot-All, Fenced Privacy
      • Exterior MaterialsSiding Wood
  • Construction Details
      • Property TypePurchase
      • StyleDuplex
    • Condition
      • Year Built1947
  • Utilities / Energy Details
      • EnergyAC - Central Elect, AC - Central Gas, Ceiling Fans, Heat Cntrl Electric, Heat Cntrl Gas, Water Heater - Elect, Water Heater - Gas
    • Utility
      • AppliancesDishwasher, Dryer, Freezer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Stove/Oven Gas, Washer
      • Utility FeaturesElectric, Gas - Natural, Public Sewer, Public Water
  • Community and Neighborhood Details
      • Community FeaturesShort Term Rental - Allowed
      • SubdivisionNICEVILLE
    • Location
      • High SchoolNiceville
      • Middle SchoolRuckel
      • Elementary SchoolEdge
  • Financial Details
      • Taxes Annual$2,227
      • Taxes Annual Year2023
  • Other
      • MLS #962329

Location

Doug MurphyReal Estate Group
$
years

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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annually
$
monthly

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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