USAFLFort Walton BeachDestin West Gulfside Villas403-1517 Miracle Strip Pkwy Se
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$270,000

For Sale

A month ago

403 - 1517 Miracle Strip Pkwy Se, Fort Walton Beach, FL

Condo

MLS® 999350

1 Bed

1 Bath

--

0

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size -
Garage Yes
HOA Fees 
Taxes $3,151
Days Active 41
Approx. Age 2006
MLS® Number 999350

Property Address: 403-1517 Miracle Strip Pkwy Se, Fort Walton Beach, FL, 32548

Average square foot calculated using Size range provided by listing agent.

Description

VA APPROVED! Lowest priced unit on Okaloosa Island offering access to BOTH Gulf and Bay amenities at Destin West Beach and Bay Resort! This unique 4th floor beachside studio villa offers both Gulf and Bay views, is just steps from the sugar white sand beaches, comes fully furnished, and already has future rental bookings in place for immediate income potential. Projected gross rental income is approximately $30, 000 annually, with estimated NOI around $11, 592 annually (~4.29% cap rate), and potential upside to approximately $16, 992 annually (~6.3% cap rate) through self management or optimized rental performance. Located on the beachside of the resort, this well maintained condo has been recently repainted and is truly turn key, ideal as a vacation getaway, second home, or income producing investment property. Destin West is one of the Emerald Coast's most sought after resort communities, offering owners and guests access to multiple pools, a lazy river, hot tubs, fitness center, and private beach access. The resort's signature sky bridge conveniently connects the gulf side and bay side amenities, giving you the best of both worlds without ever crossing traffic. Destin West offers an onsite Marina with 25 slips available for rental. Strong HOA. Fully furnished. Prime beachside location. Gulf and bay views. Resort style amenities. Immediate rental income potential. This is a rare opportunity to own one of the best values currently available on Okaloosa Island.
MLS® Number999350
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age2006
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Living Room:First Floor11 × 14 ft
Master Bedroom:First Floor8 × 10 ft
Other:First Floor9 × 14 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 31, 2026List Date
$270,000List Price
  • Commute

Commute

Starting Address
Destination Address
1517 Miracle Strip Pkwy Se, Fort Walton Beach, FL

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