Zena Gunsur, Realtor ®️

554 NW Coral Court 303

Fort Walton Beach, FL 32548

MLS#: 995066

$717,000

Status: Active
Listing number: 995066
Listing provided by: RE/MAX Coastal Properties
Listing agent phone: None
Last update: 11 days ago
On site: 5 months ago
Browse Properties
SURF DWELLER CONDO - Residential

Property

Beds

2

Full Baths

2

1/2 Baths

None

Year Built

1982

Sq.Footage

1,453

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.

Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar, Crown Molding, Kitchen Island, Pantry

  • Total Bedrooms

    2

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Concrete, Stucco

  • Other Exterior Features

    Balcony, Outdoor Shower

  • Parking

    Other, Covered

  • Pool

    Yes

  • Pool Features

    Community

  • Waterfront YN

    YES

Area & Lot

  • Lot Features

    Waterfront

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    N/A

Price

  • Sales Price

    $717,000

  • Tax Amount

    $6,558.25

  • Sq. Footage

    1,453

  • Price/SqFt

    $493

HOA

  • Association

    YES

  • Association Fee

    $3,819.77

  • Association Fee Frequency

    Quarterly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Edwins

  • 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

Edwins

Middle School

Bruner

High School

Fort Walton Beach

Listing Courtesy of Janet F Hays , RE/MAX Coastal Properties

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Agent Zena Gunsur

FOUNDER

Zena Gunsur

Call Zena today to schedule a private showing.

(850) 240-8748

zenaresunshine@gmail.com


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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.

554 NW Coral Court 303

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