1517 SE Miracle Strip Parkway 403
Fort Walton Beach, FL 32548
About
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.
Property
Beds
1
Full Baths
1
1/2 Baths
None
Year Built
2006
Sq.Footage
N/A
Features
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 Frequency
N/A
-
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
Schedule
Schedule a Showing
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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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EXP LUXURY GROUP 30A
30A Luxury Group
Call EXP LUXURY today to schedule a private showing.
Phone (850) 687-1064
Email Info@search30a.com
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