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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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4998 Okaloosa Ln , Crestview, FL 32539
$258,334
Est. Payment: $1,427.26/mo
4 Bed
2 Bath
1848 Sqft
Status: Active | Days on site: 5
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Harrison Lilly Team
Owner/Operator

House Description

Multiple Offers. Highest and best due by 12:00pm Thursday September 10th. Looking to add income-producing real estate to your portfolio? This well-positioned duplex in Crestview is an excellent opportunity for investors seeking immediate rental income and the potential to build scale in one purchase. Both sides of this duplex are currently rented, offering an investor the benefit of established occupancy from day one. Even better, this property is being offered as part of a three-duplex portfolio, with all three duplexes being sold together for a combined list price of $775,000. The other duplexes are 1011292 and 1011294. The portfolio must be purchased in its entirety and will not be separated, making this a great opportunity for an investor looking to acquire multiple income-producing units at once rather than piecing together a portfolio one property at a time. With six total units across three duplexes, this offering provides diversification, existing rental income, and an opportunity to expand your investment holdings with one transaction. Whether you're a seasoned investor looking to grow your portfolio or you're ready to take the next step into multifamily investing, this Crestview portfolio deserves a closer look. Three duplexes. Six units. One opportunity to grow. Contact us for additional property details and rental information.

Highlights

Listed by Lena Reeves Home Group , 850-225-2664 and Lena A Reeves , 850-225-2664 Newcastle Property Management , 850-424-7403. Emerald Coast Multiple Listing Services

Property Type

Residential

Year Built

1985

County

Okaloosa

Area

25 - Crestview Area

Neighborhood

Crescent Heights

Listing ID

1011295

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Water Heater - Elect
Air Cond:Central Air
Fireplaces:

Exterior Features

Sewer:Septic Tank
Principal Interest
$1,427
Taxes
$203

Home Price

$258,334

Loan Details

30 yrs
7.374%

Down Payment

20%
$51,667
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,427.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,427.26 $202.96 $0.00 $1,630.22
Yearly $17,127.10 $2,435.51 $0.00 $19,562.61
Total $513,812.93 $73,065.30 $0.00 $586,878.23

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Crestview, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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