128 se elm avenue

Move-in ready in the heart of Downtown Fort Walton Beach. Located on Elm Avenue, a street lined with mature trees and charming old Florida cottages, just steps from the Choctawhatchee Bay. Serene, affordable, and incredibly convenient, with shopping, dining, nightlife, beach life, fishing, watersports, and Crab Island all just minutes away. This is a golf cart approved neighborhood, perfect for anyone who wants to live the Emerald Coast lifestyle to the fullest. Freshly painted in 2026, with a new deck currently being installed by the HOA. Inside you'll find stainless steel appliances, bamboo floors, a cozy fireplace, and huge vaulted ceilings with large windows overlooking lush, mature trees. The natural light is incredible, giving the whole space an open, airy feel. Military members will love the easy commute to Eglin, Hurlburt, and 7th Group, and the deal gets even better with a 2.99% assumable VA loan rate (buyer must have VA entitlement to assume). This is also a smart opportunity for investors. The unit previously rented for $1,500/month with low vacancy, and short term rentals are allowed. Renovated units at Elm Place have rented for as much as $2,300/month. **Buyer to verify with city and association for STR rules.**