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

Fort Walton Beach
Local realty services provided by:ERA American Real Estate
1517 SE Miracle Strip Parkway #403,Fort Walton Beach, FL 32548
$270,000
  • 1 Beds
  • 1 Baths
  • 460 sq. ft.
  • Condominium
  • Active
Listed by: candace m floyd
Office: the property group 850 inc
MLS#:999350
Source:FL_ECAR

Price summary

  • Price:$270,000
  • Price per sq. ft.:$586.96

About this home

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2006
  • Listing ID #:999350
  • Added:93 day(s) ago
  • Updated:July 03, 2026 at 10:24 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:3
  • Kitchen Description:Cooktop, Dishwasher, Microwave, Refrigerator
  • Living area:460 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:2006
  • Building area:460 sq. ft.
  • Exterior Features:BBQ Pit/Grill, Balcony, Dock, Hot Tub

Schools

  • High school:Fort Walton Beach
  • Middle school:Bruner
  • Elementary school:Elliott Point

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$270,000
  • Price per sq. ft.:$586.96
  • Tax amount:$3,151 (2025)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Microwave, Refrigerator
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. ERA American Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA American Real Estate, a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved.

New listings near 1517 SE Miracle Strip Parkway #403