The BobbyJ Team

1517 SE Miracle Strip Parkway 403

Fort Walton Beach, FL 32548

MLS#: 999350

$270,000

Status: Active
Listing number: 999350
Listing provided by: The Property Group 850 Inc
Listing agent phone: None
Last update: a day ago
On site: 25 days ago
Browse Properties
DESTIN WEST GULFSIDE VILLAS - Residential

Property

Beds

1

Full Baths

1

1/2 Baths

None

Year Built

2006

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    1

  • Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    ICFs (Insulated Concrete Forms)

  • Other Exterior Features

    Outdoor Grill, Balcony, Dock

  • Parking

    Guest, Garage

  • Pool

    Yes

  • Pool Features

    In Ground, Community

  • Waterfront YN

    YES

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    N/A

Price

  • Sales Price

    $270,000

  • Tax Amount

    $3,150.74

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    Yes

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Elliott Point

  • Middle School

    Bruner

  • High School

    Fort Walton Beach

Property Features

  • New Construction

    NO

  • Water Source

    Public

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Location

County

Okaloosa

Elementary School

Elliott Point

Middle School

Bruner

High School

Fort Walton Beach

Listing Courtesy of Candace M Floyd , The Property Group 850 Inc

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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.

1517 SE Miracle Strip Parkway 403

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