720 Powell Drive, Unit 2

Niceville, FL 32578

$485,000
Price
4
Beds
2
Baths
1,938 Sq. Ft.
$250 / Sq. Ft.
1,938
Sq. Ft.
$250
per Sq. Ft.

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...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.
  1. Listed by Athena P Riley • NextHome Cornerstone Realty

Property Details for 720 Powell Drive, Unit 2

Subdivision
NICEVILLE
MLS Sub Area
1305 - Niceville North
Zoning
Resid Multi-Family
LISTING UPDATED: 11/05/2024 12:12 PM

Property Details for 720 Powell Drive, Unit 2

StatusActive
MLS #962329
Days on Market31
Taxes$2,227 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Attached Single Unit
Year Built1947
Lot Size-
CountyOkaloosa County

Building Information for 720 Powell Drive, Unit 2

Stories1Year Built1947Building Size-Lot Size-

Property Information for 720 Powell Drive, Unit 2

Summary
Location and General Information
  • Absolute Longitude: 86.479003
  • Directions: From FL-85: Head north, continue onto John Sims Pkwy (FL-20), turn left on Cedar Ave, then right on Powell Dr. Property is on the right.From Mid-Bay Bridge (FL-293): Cross the bridge, continue on FL-20 E, turn right on Cedar Ave, then right on Powell Dr. Property is on the right. From I-10: Take Exit 56 to FL-85 South, continue onto John Sims Pkwy, turn left on Cedar Ave, then right on Powell.
  • Longitude: -86.479003
  • Latitude: 30.522045
Taxes and HOA Information
  • Assessment Fees: No
  • Last Tax Year: 2023
School Information
  • Elementary School: Edge
  • High School: Niceville
  • Middle School: Ruckel
Utilities
  • Utilities: Electric,Gas - Natural,Public Sewer,Public Water
Parking
  • Garage YN: No
  • Parking Features: Carport Attached
Property
Parking
  • Carport YN: Yes
  • Carport Spaces: 2.0
Lot Information
  • Stories: 1.00
  • Area: 13 - Niceville
  • Building Design: Duplex
  • Lot Parcel Access: Paved Road
Property and Assessments
  • Project Facilities: Short Term Rental - Allowed
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: Fenced Back Yard, Fenced Lot-All, Fenced Privacy
  • Pool: No
  • Pool Type: None
Interior Features
  • Appliances: Dishwasher,Dryer,Freezer,Microwave,Refrigerator,Refrigerator W/IceMk,Smoke Detector,Stove/Oven Electric,Stove/Oven Gas,Washer
  • Energy: AC - Central Elect,AC - Central Gas,Ceiling Fans,Heat Cntrl Electric,Heat Cntrl Gas,Water Heater - Elect,Water Heater - Gas
  • Interior: Floor Tile, Floor Vinyl, Washer/Dryer Hookup
Room Information
Room Information
  • Bedroom: First
  • Living Room: First
  • Master Bedroom and Master Bathroom: MBed Walk-in Closet
  • Rooms: Bedroom,Foyer,Full Bathroom,Kitchen,Laundry,Living Room
Bathroom
  • Full Bathroom: First
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 12 x 12
  • Remarks: Unit #2 Approximations
  • Length: 12.0
  • Width: 12.0
  • Level: 1
  • Area: 144.0
Room 2
  • Dimensions: 12 x 12
  • Remarks: Unit #2 Approximations
  • Length: 12.0
  • Width: 12.0
  • Level: 1
  • Area: 144.0
Room 3
  • Dimensions: 26 x 10
  • Remarks: Unit #2 Approximations
  • Length: 26.0
  • Width: 10.0
  • Level: 1
  • Area: 260.0
Room 4
  • Dimensions: 5 x 5
  • Remarks: Unit #2 Approximations
  • Length: 5.0
  • Width: 5.0
  • Level: 1
  • Area: 25.0
Room 5
  • Dimensions: 26 x 10
  • Remarks: Unit #2 Approximations
  • Length: 26.0
  • Width: 10.0
  • Level: 1
  • Area: 260.0
Room 6
  • Dimensions: 8 x 11
  • Remarks: Unit #2 Approximations
  • Length: 8.0
  • Width: 11.0
  • Level: 1
  • Area: 88.0
Room 7
  • Dimensions: 7 x 8
  • Remarks: Unit #2 Approximations
  • Length: 7.0
  • Width: 8.0
  • Level: 1
  • Area: 56.0
Room 8
  • Dimensions: 18 x 10
  • Remarks: Unit #1 Approximations
  • Length: 18.0
  • Width: 10.0
  • Level: 1
  • Area: 180.0
Room 9
  • Dimensions: 21 x 13
  • Remarks: Unit #1 Approximations
  • Length: 21.0
  • Width: 13.0
  • Level: 1
  • Area: 273.0
Room 10
  • Dimensions: 26 x 10
  • Remarks: Unit #1 Approximations
  • Length: 26.0
  • Width: 10.0
  • Level: 1
  • Area: 260.0
Room 11
  • Dimensions: 12 x 11
  • Remarks: Unit #1 Approximations
  • Length: 12.0
  • Width: 11.0
  • Level: 1
  • Area: 132.0
Room 12
  • Dimensions: 8 x 11
  • Remarks: Unit #1 Approximations
  • Length: 8.0
  • Width: 11.0
  • Level: 1
  • Area: 88.0
Room 13
  • Dimensions: 5 x 5
  • Remarks: Unit #1 Approximations
  • Length: 5.0
  • Width: 5.0
  • Level: 1
  • Area: 25.0
Rental
Rental Information
  • Existing Leases: Daily/Weekly
  • Is Subject Leased: No
  • Immediate Occupancy: Yes

Property History for 720 Powell Drive, Unit 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 720 Powell Drive, Unit 2

Taxable ValueLand$30,294Additions$136,786Total$167,080
Tax Record2023$2,227 ($186 / month)
Home Facts
Total Finished SqFt1,938 SqFtAbove Grade Finished SqFt1,938 SqFtStories1Lot Size7,502 SqFtStyleDuplexYear Built1947Year Renovated1985CountyOKALOOSAAPN06-1S-22-2100-0006-0130

Schools near 720 Powell Drive, Unit 2

This home is within Okaloosa.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lula J. Edge Elementary School
PublicPK to 5

C. W. Ruckel Middle School
Public6 to 8

Niceville Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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720 Powell Drive, Unit 2 is a single family home for sale in Niceville, FL 32578. This property was listed for sale on November 2, 2024 by NextHome Cornerstone Realty, it's currently listed at $485,000. This listing's school district is Okaloosa. Nearby schools include Lula J. Edge Elementary School, C. W. Ruckel Middle School and Niceville Senior High School. 720 Powell Drive, Unit 2 is a 4-bed, 2-bath, 1,938 sqft single family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Cornerstone Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.