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For Sale

1517 SE Miracle Strip Parkway 403

1517 SE Miracle Strip Parkway 403, Fort Walton Beach, FL 32548

$270,000

VA APPROVED! Fully furnished unit in Destin West Beach and Bay Resort with access to white sand beaches, a lazy river, and resort style amenities, making it ideal as a vacation getaway or income producing rental. Projected gross income is approximately $30,000 per year with an estimated NOI of $11,592 annually, reflecting about a 4.29% cap rate, with potential up to approximately $16,992 annually or about a 6.3% cap rate through self management or improved rental performance. Future rental bookings are already in place, providing immediate income potential for the new owner from day one. This is a great opportunity to own a beach property with income potential in a high demand area. All income, expense figures, and future bookings are estimates based on market data and comparable properties. Actual results may vary and buyers should independently verify all information.

Pet-friendly for owners, this unit is vacation-rental ready ideal for Airbnb or VRBO hosts looking to expand in a high-demand beachfront location.

1
bed

1
bath

460 Sq.Ft. LIVING AREA

Candace Floyd

title Realtor®
PHONE (850) 902-2625
EMAIL [email protected]
DRE # 3327170

Features & Amenities

Interior

total bedrooms1
Total bathroom1
full bathroom1
APPLIANCES Cooktop, Dishwasher, Microwave, Refrigerator, Smoke Detector

Area & Lot

Status For Sale
Living Area460 Sq.Ft.
Total Area460 Sq.Ft.
MLS® ID999350
TypeCondo
YEAR BUILT2006
NeighborhoodOkaloosa Island
Architecture StylesN/A
Water FrontageGulf
View DescriptionGulf
Elementary SchoolElliott Point
Middle SchoolBruner
High SchoolFort Walton Beach

Exterior

utilitiesElectric, Phone, Public Water, TV Cable
PoolPool - In-Ground, Pool Type
parkingGarage, Guest
HEAT TYPECentral
AIR CONDITIONINGCeiling Fans, Central Air
security FeaturesFire Alarm/Sprinkler
other exterior FeaturesBalcony, BBQ Pit/Grill, Dock, Hot Tub

Financial

Sales Price$270,000
Real Estate Tax $3,151/yr

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Thank you for your interest in 1517 SE Miracle Strip Parkway 403, Fort Walton Beach, FL 32548. We are reviewing your request and will be in touch shortly!

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Okaloosa Island

Exciting resort amenities in a laid-back, beachy setting.

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Work With Candace

Candace prides herself on her ability to treat all her clients with respect and care and go over and beyond to offer them exceptional service. Her passion for top-notch customer service gives clients a comforting assurance that she will walk with them from the start to closing and after the transaction.

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1517 SE Miracle Strip Parkway 403

$270,000

Candace Floyd

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Okaloosa Island

Work With Candace

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Contact Details

Candace Floyd

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