NEW PRICE! Now offered at $995,000, this spectacular Gulf-front penthouse at The Palms offers an exceptional opportunity to own in one of Okaloosa Island's most intimate beachfront communities. With only 23 residences, The Palms provides a peaceful, boutique Gulf-front lifestyle where ownership opportunities don't come along often. Wake up feeling like you're on your own private island as sweeping, unobstructed views of the Gulf of Mexico become the centerpiece of everyday living. Natural light pours through the home's windows and glass doors, leading to a private Gulf-front balcony where the sound of the waves becomes part of everyday life. The primary suite enjoys the same breathtaking waterfront setting, allowing you to begin each day with a Gulf sunrise and end it with spectacular sunsets. Beautifully updated throughout, the residence features a new HVAC system, new water heater, quartz countertops, updated cabinetry, new appliances, new flooring, and new windows and doors. The renovated primary bath includes. new tub and shower. Offered fully furnished, this penthouse is truly move-in ready and equally suited as a. primary residence, second home, or luxury vacation retreat. Short-term rentals are permitted, making this an outstanding opportunity for luxury vacation home, second home, or income-producing beachfront investment. Major building improvements - including new windows, doors, balcony upgrades, and a new roof - have already been completed and paid for, providing exceptional value and added peace of mind for the next owner.