Property
Beds
1
Full Baths
1
1/2 Baths
1
Year Built
1985
Sq.Footage
855
RARE OPPORTUNITY! Tranquility at its best-- Live, play, rent.Experience beachfront luxury and exceptional investment potential at this newly remodeled, sixth-floor Gulf-front condo in the prestigious Nautilus condominium on Fort Walton Beach's Okaloosa Island. This unit has been enjoyed by the same family since 1990.This well-established vacation rental has a proven track record, generating impressive gross rental income of over $59,000 annually for the last two years. Onsite rental management and staff provides a professional and personal touch.Meticulously redesigned with a brand-new kitchen featuring a custom tile backsplash, under-cabinet lighting, and soft-close cabinets, as well as exquisite new LVP flooring in the bedroom and bathrooms. This condo exudes modern sophistication and coastal tranquility. Positioned perfectly to capture panoramic Gulf views from sunrise to sunset, this residence is a true sanctuary for the senses. The master suite is a standout with direct Gulf-front views, a king bed, flat-screen TV, generous closet space, and balcony access. An unbeatable, direct Gulf-front view to wake up to every morning! The adjoining full bath includes comfort-height toilets, double sinks with ample quartz counter space, and a large, glass-enclosed walk-in shower. An additional half bath is conveniently located off the living area. Bright and inviting, the well-appointed living room includes a pull-out sofa, cozy seating, a large flat-screen TV, and extra storage or usable trays in the coffee table/ottoman. A dedicated desk area provides the perfect space for staying connected or handling any business needs. The open, fully-equipped gourmet kitchen awaits your culinary creations, whether it's preparing fresh local seafood or mixing sunset cocktails to enjoy on the balcony. You'll love the quartz countertop with a large peninsula seating area for entertaining, new soft close shaker style cabinets, and under cabinet lit custom tile backsplash. The private Gulf-view balcony is generously furnished for ultimate relaxation, with plush flexible seating to relax or enjoy a meal, morning coffee or evening drinks against the backdrop of serene waves. Additional conveniences include a full-size washer/dryer, ample storage space for guests, and established lockable owner cabinets in the master suite closets. Resort-style amenities elevate the experience. Beach service is available, with a two-chair setup and umbrella provided from March 1 to October 31.. For adventurers, kayaks and paddleboards are available for rent to explore the Gulf's crystal-clear waters. A gas-heated pool offers a warm dip year-round, while an outdoor grilling area and a car wash station provide extra convenience. This property is more than a vacation destination; it's a high-performing investment with an established rental history. With its luxurious details, coastal charm, and proven rental success, this Gulf-front haven offers a rare opportunity to own a piece of paradise that's both financially rewarding and unforgettable.
Features & Amenities
Interior
-
Other Interior Features
Breakfast Bar, Elevator, Pantry
-
Total Bedrooms
1
-
Bathrooms
1
Area & Lot
-
Property Type
Residential
-
Architectural Style
N/A
Exterior
-
Garage
No
-
Other Exterior Features
Balcony
Financial
-
Sales Price
$525,000
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Location
County
Okaloosa
Elementary School
Elliott Point
Middle School
Bruner
High School
Fort Walton Beach
Listing Courtesy of Eric Christen , REV Realty
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