$824,900
Fort Walton Beach, FL 32548
MLS# 1010230
2 beds | 2 baths | 1156 sqft
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Property Description
An exceptional rental opportunity awaits on coveted Okaloosa Island. This beautifully renovated corner-unit condo offers a turnkey investment with stunning Gulf views all around with and an inviting, upscale atmosphere designed to impress guests. The property has undergone a comprehensive makeover, thoughtfully incorporating high-end upgrades throughout. Highlights include a beautifully updated kitchen with new appliances, a striking waterfall granite island, an upgraded bathroom featuring designer tile, enhanced interior flooring, calming neutral paint selections, and upgraded lighting fixtures. All furnishings convey with the property, making this a truly turnkey opportunity that is ready to welcome guests from day one. The unit is currently projected to gross approximately $69,000 in 2026, with revenue already established for 2027--providing both immediate rental potential and a strong foundation for continued income. With its prime location, exceptional Gulf views, sophisticated updates, and established rental revenue, this is an outstanding opportunity to own a stylish and income-producing retreat in one of the Emerald Coast's most sought-after destinations.
Details
Maps
Status Change Info
Status: Active
Contract Info
List Date: 2026-08-20
Current Price: $824,900
List Price: $824,900
List Price/SqFt: 713.58
Listing Board: Emerald Coast
Location Tax and Legal
Area: 12 - Fort Walton Beach
Street #: 866
Street Name: Santa Rosa
State: FL
Zip Code: 32548
County: Okaloosa
Project Name/Subdivision: PELICAN ISLE
Parcel ID: 00-2S-24-2183-0000-0318
General Property Info
Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 1156
SqFt Source: County PA Records
Bedrooms: 2
Full Baths: 2
Total Bathrooms: 2
Stories In Unit: 1
# of Units in Bldg: 98
Stories in Building: 7
Unit Floors Above Ground: 4
Year Built: 2002
Immediate Occupancy: Yes
Garage: No
Carport: No
Pool: Yes
Pool Type: Community
Property Features
Construction Status: Construction Complete
Waterfront: Gulf
Waterview: Gulf
Project Facilities: BBQ Pit/Grill; Beach; Dumpster; Elevators; Exercise Room; Fishing; Handicap Provisions; Picnic Area; Pool; Short Term Rental - Allowed; TV Cable; Waterfront
Exterior: Balcony; Pool - In-Ground
Interior: Breakfast Bar; Floor Tile; Furnished - All; Hallway Bunk Beds; Kitchen Island; Lighting Recessed; Newly Painted; Washer/Dryer Hookup; Window Treatment All
Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect
Master Bedroom: First
Bedroom: First
Kitchen: First
Full Bathroom: First
Rooms: Bedroom; Dining Room; Full Bathroom; Kitchen; Master Bathroom; Master Bedroom
Financing: Conventional; Other
Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Licenses/Permits; Management; Recreational Faclty; Security; Trash; TV Cable; Water
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Dining Room | First | 15.5 x 14.3 | 15.50 | 14.30 | Dining/Living Combo | 15.5 x 14.3 |
| Master Bedroom | First | 11.7 x 11 | 11.70 | 11.00 | 11.7 x 11 | |
| Master Bathroom | First | 9 x 7 | 9.00 | 7.00 | 9 x 7 | |
| Kitchen | First | 10 x 10 | 10.00 | 10.00 | 10 x 10 | |
| Bedroom | First | 13 x 11 | 13.00 | 11.00 | 13 x 11 | |
| Full Bathroom | First | 9 x 7 | 9.00 | 7.00 | 9 x 7 |
Listing Office: Fathom Realty FL LLC
Last Updated: September - 30 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.