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473/475/ 477 Keystone Road

Mary Esther, FL 32569

6 beds
9 baths
3,990 sqft
$167 per sqft
2001 build
– on site

Don't miss this exceptional investment opportunity! This 3-unit townhome portfolio at 473, 475, and 477 Keystone Road in Mary Esther, FL, offers strong rental history and is the perfect addition to any investor's portfolio. All three properties are being sold together, providing immediate rental income potential in a highly desirable location. Don't miss this exceptional investment opportunity! This 3-unit townhome portfolio at 473, 475, and 477 Keystone Road in Mary Esther, FL, offers strong rental history and is the perfect addition to any investor's portfolio. All three properties are being sold together, providing immediate rental income potential in a highly desirable location. Each 2-bedroom, 2.5-bath townhome features an open-concept layout, a bright living area, and a well-appointed kitchen with ample cabinet space overlooking the dining and living areasperfect for tenants who enjoy both comfort and functionality. A convenient half-bath is located on the main floor. Upstairs, two spacious bedrooms each have private en-suite bathrooms, and the primary suite offers a large closet and plenty of space to unwind. A dedicated laundry area adds to the home's convenience. With a low HOA and minimal operating costs, this portfolio offers excellent cash flow potential and strong long-term appreciation. Conveniently located just minutes from Hurlburt Field, shopping, dining, and the beautiful beaches of the Emerald Coast, these townhomes attract both military personnel and long-term renters. Whether you're expanding your real estate portfolio or looking for a turnkey rental investment, this portfolio presents a rare opportunity for steady income with low overhead. Inquire today for financials and to schedule a private showing!

Listing courtesy of ECARMLS / Scenic Sotheby's International Realty

Last checked: Checking… • Last updated Mar 14, 2025 •

MLS# 971111 —

The Building

Year Built:

2001
Construction Materials:

Brick, Roof Shingle/Shake, Vinyl Siding
Building Area Total:

3990.0
Building Area Source:

County PA Records
Architectural Style:

Townhome
Basement:

None
Stories:

2
Levels:

None
Foundation Details:

None
Exterior Features:

Deck Open, Fenced Privacy
Patio And Porch Features:

None
Accessibility Features:

None
Security Features:

None
Direction Faces:

None

Interior

Rooms Total:

8
Flooring:

None
Fireplace:

No
Fireplaces Total:

None
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Location

Directions:

HWY 98 WEST OF HURLBURT.. KEYSTONE ROAD IS ON WEST SIDE OF THE OLD LEISURETIME RV SITE.. TURN ONTO KEYSTONE ROAD - UNIT IS ON THE RIGHT

The Property

Property Type:

Residential
Property Subtype:

Attached Single Unit
Property Condition:

Construction Complete
Property Attached:

None
Lot Size Units:

Acres
Zoning:

Resid Multi-Family
Possible Use:

None
Parcel Number:

14-2S-25-0944-000A-0040
Topography:

None
Waterfront:

No
Water Body Name:

None
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Legal Description:

KEYSTONE T/H LOT 4 BLK A

Beds

Bedrooms Total:

6

Baths

Total Baths:

7.5
Total Baths:

9
Full Baths:

6
Half Baths:

3
Partial Baths:

None
Three Quarter Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Home Warranty:

No

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Public Sewer, Public Water
Electric:

None
Sewer:

None

Appliances

Appliances:

Cooktop, Range Hood, Refrigerator, Stove/Oven Electric
Range:

true

Schools

Elementary School:

Mary Esther
Elementary School District:

None
Middle Or Junior School:

Bruner
Middle Or Junior School District:

None
High School:

Fort Walton Beach

The Community

Subdivision Name:

KEYSTONE T/H
Association:

true
Association Amenities:

None
Association Fee:

None
Association Fee 2:

35.0
Association Fee Frequency:

Quarterly
Pool Private:

None
Spa Features:

None
Pets Allowed:

None
Senior Community:

No

Parking

Garage Spaces:

3.0
Attached Garage:

false
Carport:

false
Parking Features:

Garage

Monthly cost estimate

Asking price

$670,000

Expense	Monthly cost
Mortgage	$3,587
Taxes	N/A
Insurance	$184
Utilities	$204 See report
Total	$3,975/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/13/25 Mar 13, 2025	Listed / Active	ECARMLS	$670,000

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Similar sold homes

This townhouse located in Colina del Oro, FL 32569 is currently for sale for $670,000. 473/475/ 477 Keystone Road is a 3,990 square foot townhouse with 6 beds and 9 baths that has been on Estately for 2 days. 473/475/ 477 Keystone Road is in the Colina del Oro neighborhood of Mary Esther and has a WalkScore® of 23, making it car-dependent. This townhouse is in the attendance area of Florosa Elementary School.

Listing Courtesy of: ECARMLS and Scenic Sotheby's International Realty.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.