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$849,900

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.

2 Beds ⋅ 2 Baths ⋅ 1010230 MLS

866 Santa Rosa, Unit 318, Fort Walton Beach

$425,000

RENTAL MACHINE! On pace to do $47k in 2026 and already has a snowbird for 2027. This third-floor Gulf Front unit is a must-see for buyers. Imagine waking up to the breathtaking sunrise in the east and watching the sunset in the west, all without any obstructions in your view. Priced below its appraisal value, this fully furnished unit is one of the best on the market and won't last long. HVAC was replaced in 2024. Pelican Isle, constructed in 2002, is one of the most sought-after complexes on Okaloosa Island. It offers a range of amenities, including a seasonally heated pool, hot tub, covered parking, fitness center, and BBQ grills. The spacious living area provides a perfect spot to relax after a day at the beach, while the hallway bunks make it an attractive option for families, allowing them to consider reservations. This rental unit has strong rental potential and could be a wonderful investment property for you as well.

1 Beds ⋅ 2 Baths ⋅ 1009607 MLS

866 Santa Rosa Blvd Unit 302, Fort Walton Beach