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Key Details
Sold Price $512,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 855 sqft
Price per Sqft $598
Subdivision Nautilus Condo
MLS Listing ID 976492
Sold Date 05/16/25
Bedrooms 1
Full Baths 1
Half Baths 1
Construction Status Construction Complete
HOA Fees $1,200/qua
HOA Y/N Yes
Year Built 1985
Annual Tax Amount $4,312
Tax Year 2024
Property Sub-Type Condominium
Property Description
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.
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Rooms
Guest Accommodations BBQ Pit/Grill,Elevators,Fishing,Short Term Rental - Allowed,TV Cable,Waterfront
Kitchen First
Interior
Interior Features Breakfast Bar, Floor Laminate, Floor Tile, Furnished - All, Lighting Recessed, Owner's Closet, Pantry, Renovated, Walls Mirrored, Washer/Dryer Hookup
Appliance Dishwasher, Microwave, Oven Self Cleaning
Exterior
Exterior Feature Balcony
Pool Community
Community Features BBQ Pit/Grill, Elevators, Fishing, Short Term Rental - Allowed, TV Cable, Waterfront
Utilities Available Electric, Public Sewer, Public Water
Waterfront Description Gulf,Intracoastal Wtrwy
View Gulf
Private Pool Yes
Building
Water Gulf, Intracoastal Wtrwy
Structure Type Concrete
Construction Status Construction Complete
Schools
Elementary Schools Elliott Point
Others
HOA Fee Include Accounting,Ground Keeping,Insurance,Legal,Master Association,Sewer,Trash,TV Cable,Water
Assessment Amount $3,600
Energy Description AC - Central Elect,Water Heater - Elect
Financing Conventional,Other
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DeAnna Nichols
Broker Associate | License ID: AL 93966 FL BK3611503
Broker Associate License ID: AL 93966 FL BK3611503