This centrally located, two-story REO property in Fort Walton Beach offers an incredible investment opportunity with tons of potential. Built in 1960, this spacious home features a rare layout boasting four bedrooms and 3.5 bathrooms, highlighting two complete master suites--one conveniently located downstairs and the other private on the second floor. The functional floor plan includes an oversized one-car garage and a fully fenced backyard that centers around an in-ground gunite pool. Positioned in the heart of town, the property is just a few miles from both Eglin AFB and Hurlburt Field. The beaches, shopping, schools and more are also just a short drive away. Because the home does require some repairs, it may not qualify for traditional financing, making it a perfect fit for renovation loans, cash buyers, or investors. This property may qualify for vendee financing and is a definite must see. Call today!
Single-familyProperty Type
1960Year Built
8,712 sq ftLot Size
$126Price/Sq.Ft.
2 car garageParking
Listed by Cosmo Spellings• Assurance Realty of NWFL LLC
Bought with Domenech Group Domenech• Keller Williams Realty FWB
Est. $2,953 per month, based on comparable rentals
Sale and tax history for 504 Manchester Rd
Sale History
Tax History
Date
Event
Price
ECAR #1005786
Aug 13, 2026
Sold
$330,000
$126/sq ft
Jun 26, 2026
Pending
—
Jun 17, 2026
Listed
$280,000
$107/sq ft
NAMLS #867645
May 7, 2021
Sold
$375,000
$143/sq ft
May 7, 2021
Sold
$375,000
$143/sq ft
Mar 30, 2021
Pending
—
Mar 25, 2021
Listed
$375,000
$143/sq ft
Mar 25, 2021
Listed
$375,000
$143/sq ft
+36
Looking for a conveniently located, spacious pool home with a versatile floor plan? Then check out this updated, five bedroom home with in-ground, gunite swimming pool, loads of storage and parking galore! Inside you will find an updated kitchen, two living spaces, large dining area, two master suites (one upstairs and one downstairs), three additional bedrooms (the one upstairs is perfect for an office), three full baths and one half bath. The laundry area comes complete with newer washer/dryer and room for a second fridge if desired. The oversized garage has plenty of space to park two cars plus room for a home gym - it's deep! Natural gas features include the stove/oven and hot water heater. Custom kitchen cabinets, solid surface countertops and so much more. Come see today!
ECAR #815658
Mar 29, 2019
Sold
$309,000
$118/sq ft
Mar 29, 2019
Sold
$309,000
$118/sq ft
Feb 6, 2019
Listed
$309,000
$118/sq ft
+35
Welcome to this POOL home in central Fort Walton Beach that has been beautifully renovated from top to bottom! Don't let the age of this home fool you!! The entire home has been updated since 2013 with all of the following less than 5 years old: HVAC, raised seam metal roof, vinyl clad windows, siding, water heater, gunite POOL and decking and all flooring, kitchen and bathroom cabinetry and counter tops, appliances and the list goes on and on! As you enter this home, the cathedral ceiling in the living room starts the open floor plan that leads into the dining room and updated kitchen with large breakfast bar/island area, custom cabinetry, solid surface counter tops, and bright white appliances! Plenty of natural light fills these living areas! There are TWO Master Suites.... ...one downstairs and one upstairs, two additional bedrooms and a bathroom downstairs and an additional bedroom/office, half bath, full bath and large family room/play room upstairs. Bathrooms are updated with solid surface counter tops and updated hardware. And last, but not least, the oversized (944sf) garage can be utilized to park several vehicles or can be used as a man cave/workshop area for all your storage needs! Call/text for a showing today before it's too late!!!
NAMLS #600938
Nov 22, 2013
Sold
$50,000
$19/sq ft
Nov 22, 2013
Sold
$50,000
$19/sq ft
Jul 16, 2013
Listed
$79,900
$30/sq ft
ECAR #373411
Jan 14, 2005
Sold
$117,000
$45/sq ft
Jan 14, 2005
Sold
$117,000
$45/sq ft
Nov 4, 2004
Listed
$117,000
$45/sq ft
Nov 4, 2004
Listed
$117,000
$45/sq ft
Year
Property tax
Land + Additions
Assessment*
2021
$3,335 (+22.7%)
2020
$2,718 (+49.9%)
2019
$1,814 (+19.8%)
$35,734 + $174,207
$209,941
2018
$1,514 (+2.0%)
2017
$1,483 (+2.9%)
2016
$1,442 (+59.3%)
2015
$905 (+50.3%)
$30,257 + $52,395
$82,652
2014
$602
Public record
Public record
Zoning
Beds
5
Baths
4
Stories
1
Lot width
80 ft.
Lot depth
—
Lot size
9,352 Sq. Ft.
Year renovated
1990
Sq. Ft.
2,624
Year built
1960
Style
Single Family Residential
County
Okaloosa County
APN
022S24100300040150
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
R-1
Residential-1 District
The purpose of the residential-1 R-1 district is to provide areas for single-family detached residential dwellings, customary accessory uses, and limited non-residential uses.