554 NW Coral Court #303, Fort Walton Beach, FL 32548
Local realty services provided by:ERA American Real Estate
Listed by: janet f hays
Office: re/max coastal properties
MLS#:995066
Source:FL_ECAR
Price summary
- Price:$717,000
- Price per sq. ft.:$493.46
About this home
Currently operating as the highly rated 'Island Paradise' vacation rental in Fort Walton Beach, this beautifully maintained condominium has earned outstanding Airbnb guest reviews for its unforgettable Gulf Coast experience. Imagine enjoying breakfast while watching dolphins play from the expansive 30-foot balcony, then ending each day with spectacular sunset views, moonrises, and starlit evenings overlooking the water.
Inside, you'll find comfortable coastal-inspired living spaces adorned with beautiful artwork throughout. The primary suite features a newly renovated walk-in shower, while the guest bath offers a newly updated tub/shower combination. A spacious laundry room with a full-size washer and dryer provides added convenience for weekend vacationers, seasonal snowbirds, and full-time residents alike.
Recent improvements include:
• New air conditioning condenser (August 2025)
• New refrigerator (April 2025)
• New shower and tub surrounds in both bathrooms (2025)
Community amenities include a fitness center, covered parking beneath the tennis courts, adult & children's swimming pools, BBQ and picnic areas, and beautifully maintained grounds. Residents & guests appreciate the peaceful atmosphere.
Whether you're seeking a personal coastal retreat, a full-time residence, or a proven income-producing vacation rental, this exceptional property offers the best of Emerald Coast waterfront living. Investor note: Gross Rental Income June 2025 thru May 2026 exceeds $77,000. Air Conditioning condenser replaced August 2025.
Refrigerator replaced April 2025
Both bathroom shower/tub inserts replaced 2025
Neighborhood quiet time is from 9 pm to 9am....
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Home facts
- Year built:1982
- Listing ID #:995066
- Added:149 day(s) ago
- Updated:July 11, 2026 at 09:52 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Kitchen Description:Dishwasher, Microwave, Refrigerator, Stove Top, Stove/Oven Electric
- Living area:1,453 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:1982
- Building area:1,453 sq. ft.
- Exterior Features:Balcony, Hurricane Shutters, Shower
Schools
- High school:Fort Walton Beach
- Middle school:Bruner
- Elementary school:Edwins
Utilities
- Water:Public Water
Finances and disclosures
- Price:$717,000
- Price per sq. ft.:$493.46
- Tax amount:$6,558 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
- Laundry features:Dryer, Washer
- Amenities:Breakfast Bar, Kitchen Island, Pantry
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