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For sale
  • $619,000

    1328 Miracle Strip Pkwy #505, Fort Walton Beach, FL 32548

    3beds
    1,587sqft
    : 
    $3,956/mo
    Get pre-qualified
    Condominium
    Built in 2006
    -- sqft lot
    $-- Zestimate®
    $390/sqft
    $-- HOA

    What's special

    Hot tubGranite countertopsHeated pool with waterfallSecond heated poolBrand-new hvacTwo hot tubsLvp and tile flooring
    Welcome to Osprey 505 at Destin West Beach & Bay Resort, where your balcony overlooks the famous lazy river and pool complex with sparkling Choctawhatchee Bay views. Sold fully furnished and truly turnkey, this 3BR/2BA condo features a brand-new HVAC (one of two, installed June 2026), freshly painted walls and trim, granite countertops, stainless appliances, and LVP and tile flooring. The primary bath is thoughtfully equipped with safety grab bars at both tub and toilet - a true accessibility feature nearly impossible to find in beach condos, welcoming guests with limited mobility and multi-generational families alike. An established vacation rental with consistent income history, ready to earn from day one. Destin West offers the best of both worlds - Gulfside: 5,000 sq. ft. beachside pool, hot tub, kiddie pool, second heated pool, and fitness center; Bayside: 700-foot lazy river (floats provided!), zero-entry access, heated pool with waterfall, two hot tubs, the Osprey building's own pool, and a bayside dock with boat slips - all linked by a private pedestrian bridge. The new Sunset Isle Yacht Club marina sits just east, with Island Watersports to the west offering pontoon and jet ski rentals for a quick run to famous Crab Island. Walk to The Boardwalk's gulf-front dining, the Gulfarium, and the pier. To the east, miles of protected, undeveloped military shoreline keep the island uncrowded - minutes from Destin without the congestion.
    15 days
    |
    197
    |
    12
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Shelley G Tumlin 850-855-7640,

    David Wallace Realty Llc

    Source: ECAOR,MLS#: 1008162MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Area: 213.72 Square Feet
      • Dimensions: 15.6 x 13.7
      Bedroom
      • Level: First
      • Area: 111.21 Square Feet
      • Dimensions: 11 x 10.11
      Bedroom
      • Level: First
      • Area: 111.21 Square Feet
      • Dimensions: 11 x 10.11
      Primary bathroom
      • Level: First
      • Area: 80.88 Square Feet
      • Dimensions: 10.11 x 8
      Kitchen
      • Level: First
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Living room
      • Level: First
      • Area: 374 Square Feet
      • Dimensions: 22 x 17
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
      Features
      • Breakfast Bar, Crown Molding, Recessed Lighting, Newly Painted
      • Flooring: Tile, Vinyl
      • Windows: Window Treatments
      • Furnished: Yes
      Interior area
      • Total structure area: 1,587
      • Total interior livable area: 1,587 sqft

      Property

      Parking
      • Parking features: See Remarks
      • Has garage: Yes
      Accessibility
      • Accessibility features: Handicap Provisions
      Features
      • Patio & porch: Covered
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Bay, Intracoastal Waterwy
      • Has water view: Yes
      • Water view: Bay,Intracoastal Waterwy
      • Waterfront features: Bay, Intracoastal Wtrwy
      Details
      • Parcel number: 002S24230200000505

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete, Stucco
      • Roof: Flat,Membrane
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Community Room, Dock, Dumpster, Elevators, Fitness Center, Fishing, Handicap Provisions, Picnic Area, Playground, Pool, TV Cable, Waterfront, Short Term Rental - Allowed
      • Security: Fire Alarm, Smoke Detector(s)
      • Subdivision: DESTIN WEST OSPREY
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Insurance, Security, Sewer, Cable TV, Trash, Water, Internet
      Location
      • Region: Fort Walton Beach

      Financial & listing details

      • Price per square foot: $390/sqft
      • Tax assessed value: $607,000
      • Annual tax amount: $7,932
      • Date on market: 7/21/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/21/2026Listed for sale$619,000+93.4%$390/sqft
        Source: ECAOR #1008162 Report a problem
        4/1/2013Sold$320,000+1.6%$202/sqft
        Source: Public Record Report a problem
        5/8/2012Listing removed$314,900$198/sqft
        Source: Aquatic Resort Properties #557521 Report a problem
        10/26/2011Listed for sale$314,900-41.7%$198/sqft
        Source: AQUATIC RESORT PROPERTIES INC #557521 Report a problem
        5/30/2006Sold$539,900$340/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,932 +4.8%$603,209 +10%
        2024$7,571 +4.6%$548,372 -9.7%
        2023$7,240 +17.9%$607,000 +31.4%
        2022$6,138 +7.9%$462,000 +12.1%
        2021$5,687 +12.4%$412,000 +7.9%
        2020$5,060 -1.7%$382,000
        2019$5,145 +2.3%$382,000
        2018$5,030 $382,000 +20.1%
        2017$5,030 +11.5%$318,000 +12.4%
        2016$4,512 +13.5%$283,000 +4.8%
        2015$3,974 +1.5%$270,000
        2014$3,914 $270,000 +4.7%
        2013-- $258,000
        2012-- $258,000 -6.5%
        2011-- $276,000 -10.7%
        2010-- $309,000 -28.5%
        2009-- $432,000 -5.1%
        2008-- $455,000
        2007-- $455,000 +1009.8%
        2006-- $41,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Okaloosa Island

        Getting around

        32 / 100
        Car-Dependent
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Elliott Point
        • Middle: Bruner
        • High: Fort Walton Beach

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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