New Listing
1328 Se Miracle Strip Parkway Unit L2, Fort Walton Beach
$799,000 - 3 Beds, 2 Baths, 1,776 Sf
MLS® # 1013774
866 Santa Rosa 318, Fort Walton Beach
$824,900
2 Beds
2 Baths
1,156 Sqft
0 Acre
0 Garage
An exceptional rental opportunity awaits on coveted Okaloosa Island. This beautifully renovated corner-unit condo offers a turnkey investment with stunning Gulf views all around with and an inviting, upscale atmosphere designed to impress guests.
The property has undergone a comprehensive makeover, thoughtfully incorporating high-end upgrades throughout. Highlights include a beautifully updated kitchen with new appliances, a striking waterfall granite island, an upgraded bathroom featuring designer tile, enhanced interior flooring, calming neutral paint selections, and upgraded lighting fixtures.
All furnishings convey with the property, making this a truly turnkey opportunity that is ready to welcome guests from day one.
The unit is currently projected to gross approximately $69,000 in 2026, with revenue already established for 2027--providing both immediate rental potential and a strong foundation for continued income.
With its prime location, exceptional Gulf views, sophisticated updates, and established rental revenue, this is an outstanding opportunity to own a stylish and income-producing retreat in one of the Emerald Coast's most sought-after destinations.
Essential Information
MLS® #1010230
Price$824,900
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,156
Year Built2002
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Address866 Santa Rosa 318
Area12 - Fort Walton Beach
SubdivisionPELICAN ISLE
CityFort Walton Beach
CountyOkaloosa
StateFL
Zip Code32548
Amenities
ViewGulf
Is WaterfrontYes
WaterfrontGulf
Has PoolYes
PoolIn Ground
Utilities
Electric, Public Sewer, Public Water, TV Cable
Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
Interior Features
Breakfast Bar, Hallway Bunk Beds, Kitchen Island, Recessed Lighting, Newly Painted, Washer/Dryer Hookup
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Exterior
Exterior FeaturesBalcony
WindowsWindow Treatments
ConstructionConcrete
School Information
ElementaryEdwins
MiddleBruner
HighFort Walton Beach
Listing Details
OfficeFathom Realty FL LLC
Property History
Price Reduced from $849,900 to $824,900
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325
Listing information last updated on October 16th, 2026 at 10:37am CDT.
