Company Logo
SIGN UP LOGIN

25 Total Photos [Click to View All]

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

$270,000 - Status: Active
Bed Icon Beds: 1
Bath Icon Baths: 1 full
Sq Feet Icon SQFT (H&C): 460
MLS Icon 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. 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 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: 38
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 www.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: The Property Group 850 Inc

Shown By

Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351

IDX logo

Ask a Question

Ask a Question
  1. Select an Agent

Login to My Homefinder

Pixel