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

$270,000 - Status: Active

Beds: 1

Baths: 1 full

SQFT (H&C): 460

MLS# 999350

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. 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.

Property Features

MLS#: 999350

Zip: 32548

Subdivision: Destin West Gulfside Villas

Development: 12 - Fort Walton Beach

Property Type: Residential - Condominium

Cooling: Ceiling Fans, Central Air

Days on Site: 112

Heating: Central

Home Style: N/A

Taxes: $3,150

Year Built: 2006

SQFT (H&C): 460

Feature Descriptions

Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Smoke Detector

Association Fee Includes: $0

Community Features: Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Deed Access, Dock, Dumpster, Elevators, Exercise Room, Pavillion/Gazebo, Pets Allowed, Playground, Pool, TV Cable, Waterfront

Exterior: Balcony, BBQ Pit/Grill, Dock, Hot Tub

Exterior: Insulated Conc Forms

Financing Terms: Conventional, VA, Other

Flooring: Floor Tile

HOA: Yes

Hot Tub: Yes

Parcel Number: 00-2S-24-1110-0000-0403

Parking: Garage, Guest

Pool Features: Pool - In-Ground, Pool Type

Property Condition: Construction Complete

Rooms Total: 3

Special View Info: Gulf

Sub Type: Condominium

Utilities: Electric, Phone, Public Water, TV Cable

Waterfront: Gulf

Local Schools

High School: Fort Walton Beach

Middle School: Bruner

Elementary School: Elliott Point

1517 SE Miracle Strip Parkway, Unit 403 | MLS# 999350

This condo located at 1517 SE Miracle Strip Parkway, Unit 403, Fort Walton Beach, FL 32548 is currently listed for sale with an asking price of $270,000. This property was built in 2006 and has 1 bedrooms and 1 full baths with 460 sq. ft. SE Miracle Strip Parkway, Unit 403 is located in the DESTIN WEST GULFSIDE VILLAS subdivision. Search DESTIN WEST GULFSIDE VILLAS real estate on nasbell.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: The Property Group 850 Inc

Shown By

Agent Name: Norman "Norm" Asbell
Agent Phone: (678) 749-8455
Agency Title: Beachy Beach Real Estate

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