164 Beal Parkway Fort Walton Beach, FL 32548

Back on the market! Buyer fell through and seller wants it gone. Their loss is your gain, ANOTHER price drop. Priced below market value AND Sold fully furnished. The basement apartment also comes furnished with a market rent of $1500/month. This would cover roughly half your mortgage! Welcome to this spacious and versatile 5-bedroom, 4-bath family home ideally located just 2 miles from Fort Walton Beach and 3 miles from the white sands of Destin Beach. Nestled in the heart of Fort Walton Beach, the home offers the perfect balance of convenience and tranquility--near restaurants, theaters, shopping, yet just outside the heavy tourist areas. This property features two large master suites, each with its own en suite bath, positioned on opposite ends of the home to ensure privacy + comfort The chef's kitchen includes a large walk-in pantry, abundant cabinet storage, and a generous breakfast bar opening to a large dining area. Four Bedroom and three baths on main level with a mother in law basement apt of 1 bed/1 bath. A wood-burning fireplace adds warmth and character to the dining space, creating a cozy environment for meals and gatherings. At the center of the home, a spacious living room provides the ideal setting for relaxing or entertaining. Both the front and rear entrances are covered offering functional outdoor spaces for enjoying the coastal breeze. From the wide front porch, you can take in peaceful views of Cinco Bayou, located just across the street. One of the standout features of this home is the fully equipped mother-in-law suite located in the basement. This one-bedroom, one-bath apartment has its own private entrance at the back of the home, making it ideal for guests, extended family, or potential rental income. The property includes a detached garage with electrical and plumbing already in place, offering tremendous potential for a workshop, studio, or additional living space. A three-car covered carport provides ample protected parking, and the expansive driveway ensures there's room for everyone. The backyard is perfect for entertaining with a patio ideal for grilling and outdoor dining, and the existing garden boxes offer a great start for creating your own lush outdoor retreat. There's even plenty of room to add a pool. Mature trees line the front of the property, helping to reduce road noise from Beal Parkway and enhance privacy. The large lot offers not only beauty but also the potential for future customization or development, making this home a rare find in such a desirable location.