866 Santa Rosa, Unit 318, Fort Walton Beach, FL 32548

$849,900
2
BD
2
BA
1,156
SqFt

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List Price
$849,900
Days on Market
0
MLS#
1010230
Status
ACTIVE
Type
Condo
Subtype
Condominium
Bedrooms
2
Bathrooms
2
Full Bathrooms
2
Living Area
1,156
Neighborhood
Okaloosa Island

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.

Additional Information

Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Elementary School
Edwins
Exterior Features
Balcony
High School
Fort Walton Beach
Interior Features
Breakfast Area, Kitchen Island, Recessed Lighting, Newly Painted, Washer Hookup
Legal Description
PELICAN ISLE CONDO UNIT 318
Middle School
Bruner
Neighborhood
Okaloosa Island
Community Features
BBQ Pit/Grill, Beach Access, Dumpster, Elevator, Exercise Room, Fishing, Picnic Area, Pool, Cable TV, Water Access, Short Term Rental Allowed
Subdivision
Pelican Isle
Waterfront Features
Gulf
View
Gulf
Year Built
2002

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Calculator source: Real Geeks

Listing courtesy of Fathom Realty FL LLC.

Vendor Member Number : 28166