Property
Beds
1
Full Baths
1
1/2 Baths
1
Year Built
1974
Sq.Footage
711
BEACHFRONT living on beautiful Okaloosa Island! This well-cared-for, updated, and FULLY FURNISHED 1-bedroom condo with bunks offers the perfect combination of comfort, convenience, and income-producing potential--just steps from the sugar-white sand and emerald waters of the Gulf. Currently operating as a popular vacation rental that stays booked throughout the year, this unit offers projected annual rental income of approximately $35,000-$45,000, making it an excellent opportunity for buyers looking for both a beach retreat and investment property. Located on the first floor with no stairs or elevators needed, the condo comfortably sleeps six with a king-size bed, built-in bunk setup, and sleeper sofa with an upgraded mattress. Inside, you'll find new luxury vinyl plank flooring, an updated kitchen and bathrooms with modern finishes, a fully stocked kitchen, and an additional sink in the bunk area--an especially convenient feature when hosting family and guests. Two storage units provide additional space for beach gear and owner belongings. Emerald Isle Resort has undergone more than $4.5 MILLION in recent renovations, with associated special assessments already paid by the owners. Recent improvements include extensive building renovations, a resurfaced parking lot, refreshed pool furnishings, and an updated grilling and picnic area. Resort-style amenities include private beach access, a Gulf-front pool heated during the cooler months, tennis and pickleball court, grilling and picnic areas, beach service available for owners and guests, and a community clubhouse/party room available for owners to reserve for gatherings and special occasions. The property also offers six conveniently located laundry rooms with multiple washers and dryers, one reserved parking space, and ample overflow parking. Located on sought-after Okaloosa Island, you'll enjoy a quieter, more relaxed coastal setting while remaining just minutes from Destin. The Okaloosa Island Pier, restaurants, ice cream, entertainment, and local attractions are just a short walk or drive away. Whether you're searching for a turn-key vacation rental, personal beach getaway, or a little of both, this condo offers the opportunity to own an income-producing slice of paradise just steps from the Gulf!
Features & Amenities
Interior
-
Other Interior Features
Pantry
-
Total Bedrooms
1
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Other Exterior Features
Outdoor Shower, Tennis Court(s)
-
Patio and Porch Features
Patio, Covered
-
Pool
Yes
-
Pool Features
In Ground
-
Waterfront YN
YES
Area & Lot
-
Lot Features
Waterfront
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
N/A
Price
-
Sales Price
$348,950
-
Tax Amount
$4,183.27
-
Sq. Footage
711
-
Price/SqFt
$490
HOA
-
Association
YES
-
Association Fee
$707.53
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
Elliott Point
-
Middle School
Bruner
-
High School
Fort Walton Beach
Property Features
-
Stories
7
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Okaloosa
Elementary School
Elliott Point
Middle School
Bruner
High School
Fort Walton Beach
Listing Courtesy of Krissa D Johansen, Counts Real Estate Group Inc
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REALTOR®
Rodney King
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