This property is a rare find in the heart of Fort Walton Beach, offering the perfect blend of space, comfort, and potential. The main level of this recently renovated rambler features four generously sized bedrooms, including two luxurious master suites with private en-suite baths, ensuring plenty of room for family and guests. The two additional bedrooms share a well-appointed full bath, providing convenience and comfort for everyone. The kitchen is a true chef's delight, boasting extensive cabinetry, abundant countertop workspace, and a massive pantry that can accommodate all your culinary needs. The adjacent dining area is both spacious and inviting, centered around a charming wood-burning fireplace that adds warmth and ambiance to every meal. The adjacent dining area is both spacious and inviting, centered around a charming wood-burning fireplace that adds warmth and ambiance to every meal. The living room is expansive, providing ample space for gatherings, movie nights, or simply unwinding after a long day. Step outside to the covered back porch, where you can enjoy your morning coffee or evening drinks while taking in the serene surroundings. The oversized laundry area offers flexibility, with the potential to serve as a kids' playroom, home office, or whatever your heart desires. The property's standout feature is the separate mother-in-law apartment located in the basement. This self-contained living space includes an open-concept kitchen and dining area, a spacious living room, and a well-sized bedroom with an en suite bath. It's perfect for extended family, guests, or even as a rental unit to generate extra income. Situated on a sprawling 0.68-acre lot. This home provides endless opportunities to create your own private outdoor oasis. Whether you dream of adding a pool, sports court, or lush gardens, there's more than enough space to bring your vision to life. Both the main floor home and the mother-in-law apartment are currently successful short-term rentals and can be sold fully furnished for an additional fee. The property boasts an impressive annual gross income of just under $100,000.