Welcome to Hermitage Condo #307, a stunning top-floor, corner unit offering 360-degree water views and exceptional rental potential. Located on Choctawhatchee Bay, directly across from Okaloosa Island’s sugar-white sand beaches and just steps from the Boardwalk, this fully furnished 2-bedroom, 2-bathroom condo provides the perfect blend of coastal living and investment opportunity. With Gulf views from the front and Bay views from the back, enjoy breathtaking sunrises and sunsets year-round. This condo has proven to be a highly profitable investment. In its first year of rentals (2020), it grossed over $43,000, despite the challenges of COVID-19. Self-managed, you’ll enjoy the full benefit of the rental income without the need to pay high management fees, making it a highly profitable option for buyers looking for a hassle-free, income-generating property. --- Recently renovated, the condo features shiplap ceilings, quartz countertops, stainless steel appliances, and waterproof LVP flooring throughout. The primary suite includes an ensuite bath, while the second bedroom offers a queen-over-queen bunk bed, perfect for families. Updates include a new HVAC system (2023), water heater (2021), washer/dryer (2020), ensuring comfort and energy efficiency. --- The complex offers a waterfront pool, BBQ area, and a private dock on Choctawhatchee Bay, ideal for fishing, boating, and water sports. The Gulf of Mexico’s sandy beaches are just across the street, and boat slips are available separately for easy access to Crab Island and nearby islands. Walk to the Okaloosa Island Boardwalk, with shops, dining, and the Okaloosa Island Pier. Destin, with its attractions and shopping, is only a short drive away --- ***Whether you seek a vacation home or a self-funding rental, this condo offers both. Don’t miss the chance to own this turnkey property with proven success and stunning views. Schedule your showing today and start living the coastal lifestyle in Fort Walton Beach! ***
Sold for $333,500
$333,500
1330 Miracle Strip Pkwy SE APT 307, Fort Walton Beach, FL 32548
2beds
750sqft
Condominium
Built in 1983
-- sqft lot
$330,300 Zestimate®
$445/sqft
$1,613 Estimated rent
Home value
$330,300
$297,000 - $367,000
$1,613/mo
Zestimate® history
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$14,127/mo
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Private dockWaterfront poolGulf viewsBay viewsQuartz countertopsEnsuite bathQueen-over-queen bunk bed
Zillow last checked:
Listing updated:
Listed by:
Drew Banks 251-709-6299,
KELLER WILLIAMS REALTY GULF COAST
Bought with:
Joanne Nisewonger
HomeSmart Sunshine Realty
Source: PAR,MLS#: 655045
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Third
- Area: 124.1
- Dimensions: 13.42 x 9.25
Bedroom
- Level: Third
- Area: 124.1
- Dimensions: 13.42 x 9.25
Kitchen
- Level: Third
- Area: 86.13
- Dimensions: 6.5 x 13.25
Living room
- Level: Third
- Area: 200.13
- Dimensions: 14.92 x 13.42
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Freezer, Refrigerator, Self Cleaning Oven
- Laundry: Inside, W/D Hookups
Features
- Baseboards, Ceiling Fan(s), Recessed Lighting
- Windows: Blinds
- Has basement: No
Interior area
- Total structure area: 750
- Total interior livable area: 750 sqft
Property
Parking
- Parking features: 1 Space/Unit, Parking Lot, RV/Boat Parking
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Balcony, Dock, Boat Slip
- Has private pool: Yes
- Pool features: Gunite, In Ground, Community
- Has view: Yes
- View description: Bay, Gulf, Sound, Water
- Has water view: Yes
- Water view: Bay, Gulf, Sound, Water
- Waterfront features: Bay, Intracoastal Waterway, Sound, Waterfront, Beach Access, Pier, Waterfront Deed Access
- Frontage length: Water Frontage(201)
Lot
- Size: 1.56 Acres
- Features: Central Access
Details
- Parcel number: 002s24048100003070
- Zoning description: Res Multi
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary, Cottage
- Property subtype: Condominium
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: Circuit Breakers, Copper Wiring
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Dock, Fishing, Marina, Picnic Area, Pier, Sidewalks
- Subdivision: Okaloosa Island
HOA
- Has HOA: Yes
- Services included: Association, Maintenance Grounds, Insurance, Maintenance, Trash, Water/Sewer
- HOA fee: $11,940 annually
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $445/sqft
- Tax assessed value: $265,000
- Annual tax amount: $3,476
- Price range: $333.5K - $333.5K
- Date on market: 11/12/2024
- Cumulative days on market: 45 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2025 | Pending sale | $359,111+7.7%$479/sqft |
Source:  PAR #655045 Report a problem | ||
| 3/17/2025 | Sold | $333,500-7.1%$445/sqft |
Source: PAR #655045 Report a problem | ||
| 1/2/2025 | Contingent | $359,111$479/sqft |
Source: PAR #655045 Report a problem | ||
| 11/12/2024 | Listed for sale | $359,111+38.1%$479/sqft |
Source: PAR #655045 Report a problem | ||
| 4/8/2021 | Sold | $260,000+0.4%$347/sqft |
Source:  ECAOR #867853 Report a problem | ||
| 3/28/2021 | Pending sale | $259,000$345/sqft |
Source: ECAOR #867853 Report a problem | ||
| 3/28/2021 | Listed for sale | $259,000+44%$345/sqft |
Source: ECAOR #867853 Report a problem | ||
| 11/3/2009 | Listing removed | $179,900$240/sqft |
Source: PELICAN REAL ESTATE #521103 Report a problem | ||
| 8/8/2009 | Listed for sale | $179,900$240/sqft |
Source: PELICAN REAL ESTATE #521103 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,476 -0.9% | $265,000 |
| 2024 | $3,506 +4.1% | $265,000 |
| 2023 | $3,369 +13% | $265,000 +19.4% |
| 2022 | $2,983 +27.4% | $222,000 +26.9% |
| 2021 | $2,340 +10.1% | $175,000 +1.4% |
| 2020 | $2,126 +4.6% | $172,500 +4.5% |
| 2019 | $2,031 +5.2% | $165,000 +6.5% |
| 2018 | $1,930 | $155,000 +37.2% |
| 2017 | $1,930 +19% | $113,000 +2.1% |
| 2016 | $1,622 +58.3% | $110,641 +0.7% |
| 2015 | $1,024 -2.4% | $109,872 +0.8% |
| 2014 | $1,050 | $109,000 |
| 2013 | -- | $109,000 |
| 2012 | -- | $109,000 -4.4% |
| 2011 | -- | $114,000 -5.8% |
| 2010 | -- | $121,000 -9.7% |
| 2009 | -- | $134,000 -4.3% |
| 2008 | -- | $140,000 -22.2% |
| 2007 | -- | $180,000 -25% |
| 2006 | -- | $240,000 +71.4% |
| 2005 | -- | $140,000 +94.4% |
| 2004 | -- | $72,000 +9.9% |
| 2003 | -- | $65,500 +9.7% |
| 2002 | -- | $59,700 +2.9% |
| 2001 | -- | $58,000 |
Find assessor info on the county website
Neighborhood: Okaloosa Island
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Nearby schools
GreatSchools rating
- 5/10Elliott Point Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 7/10Max Bruner Junior Middle SchoolGrades: 6-8Distance: 3.2 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Local School In County
- Middle: LOCAL SCHOOL IN COUNTY
- High: Local School In County
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Okaloosa County
- Fort Walton Beach
- 32548
- Okaloosa Island
- 1330 Miracle Strip Pkwy SE Apartment 307
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