$359,111
For Sale

1330 SE Miracle Strip Pkwy #307

Ft Walton Beach, FL 32548
750 sqft | 2 beds | 2 baths | 1.56 acres | #655045
Browse 29 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

Welcome to Hermitage Condo #307, a stunning top-floor, corner unit offering 360-degree water views and exceptional rental potential. Located on Choctawhatchee Bay, directly across from Okaloosa Island’s sugar-white sand beaches and just steps from the Boardwalk, this fully furnished 2-bedroom, 2-bathroom condo provides the perfect blend of coastal living and investment opportunity. With Gulf views from the front and Bay views from the back, enjoy breathtaking sunrises and sunsets year-round. This condo has proven to be a highly profitable investment. In its first year of rentals (2020), it grossed over $43,000, despite the challenges of COVID-19. Self-managed, you’ll enjoy the full benefit of the rental income without the need to pay high management fees, making it a highly profitable option for buyers looking for a hassle-free, income-generating property. --- Recently renovated, the condo features shiplap ceilings, quartz countertops, stainless steel appliances, and waterproof LVP flooring throughout. The primary suite includes an ensuite bath, while the second bedroom offers a queen-over-queen bunk bed, perfect for families. Updates include a new HVAC system (2023), water heater (2021), washer/dryer (2020), ensuring comfort and energy efficiency. --- The complex offers a waterfront pool, BBQ area, and a private dock on Choctawhatchee Bay, ideal for fishing, boating, and water sports. The Gulf of Mexico’s sandy beaches are just across the street, and boat slips are available separately for easy access to Crab Island and nearby islands. Walk to the Okaloosa Island Boardwalk, with shops, dining, and the Okaloosa Island Pier. Destin, with its attractions and shopping, is only a short drive away --- ***Whether you seek a vacation home or a self-funding rental, this condo offers both. Don’t miss the chance to own this turnkey property with proven success and stunning views. Schedule your showing today and start living the coastal lifestyle in Fort Walton Beach! ***

  • Interior Details
      • InteriorBaseboards, Ceiling Fan(s), Recessed Lighting
    • Beds & Baths
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Exterior MaterialsBalcony, Dock, Boat Slip
      • ViewBay, Gulf, Sound, Water
      • Lot DescriptionCentral Access
    • Measurements
      • Acres1.56
      • Square Feet750
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1983
    • Material information
      • FoundationPillar Post Pier
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionOkaloosa Island
    • Location
      • Elementary SchoolLocal School In County
      • Middle SchoolLocal School In County
      • High SchoolLocal School In County
      • CountyOkaloosa
  • Financial Details
      • Original List Price$359,111
    • HOA
      • Hoa Fees11940.12
  • Restrictions
      • PetsYes
  • Other
      • MLS #655045

Location

Doug MurphyReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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