Skip main navigation
For sale
  • $749,900

    1517 Miracle Strip Pkwy Penthouse 1, Fort Walton Beach, FL 32548

    2beds
    981sqft
    : 
    $6,378/mo
    Get pre-qualified
    Condominium
    Built in 2006
    -- sqft lot
    $-- Zestimate®
    $764/sqft
    $1,533/mo HOA

    What's special

    Covered wraparound balconyTop-floor corner residenceTwo walls of windowsBreakfast-bar seatingBayfront marina and dockDaybed with trundleAbundant natural light
    OnOne-of-a-kind Gulf-side penthouse villa with panoramic views, exceptional outdoor living and a strong rental history--now available at Destin West Beach & Bay Resort. Villa PH-01 is a beautifully renovated, top-floor corner residence featuring 10-foot ceilings, two walls of windows and abundant natural light. Enjoy unobstructed views of the Gulf of Mexico and Choctawhatchee Bay from the covered wraparound balcony and oversized private rooftop terrace, complete with a hot tub. Designed for effortless coastal living, the open-concept interior flows from a fully equipped kitchen into an inviting living area with direct balcony access. Furnishings include a queen sleeper sofa, breakfast-bar seating and a bistro dining table. Offered fully furnished and turnkey, the villa is ready for personal enjoyment or continued rental use. The spacious primary suite accommodates a king-size bed plus a daybed with trundle for additional guests. It also offers private balcony access and an en-suite bathroom with a garden tub and separate walk-in shower. The villa has reportedly generated more than $70,000 in annual gross rental revenue while allowing approximately seven weeks of owner use per year, making it an attractive option for buyers seeking a vacation residence with income potential. Rental figures are historical, are not guaranteed and should be independently verified. Destin West offers an impressive collection of resort-style amenities across its Gulf-side and bayfront properties. A pedestrian skybridge over Highway 98 provides convenient access between the beach and bay sides of the resort. Amenities include: Seven swimming pools, including seasonally heated pools 5,000-square-foot lagoon-style pool 700-foot zero-entry lazy river Bayfront waterfall pool Gulf-side villa pool and children's pool Multiple hot tubs Large on-site fitness center Full-service beach rentals Bayfront marina and dock Charcoal grilling stations and picnic areas Accessible boardwalk to the beach Children's play area Covered parking On-site management Located on Okaloosa Island beside The Boardwalk, Destin West places dining, shopping and seasonal beachfront entertainment close at hand. Destin's HarborWalk Village is approximately four miles away, offering additional restaurants, boating excursions, shopping and entertainment. Whether enjoyed as a private coastal retreat, vacation rental or combination of both, Villa PH-01 presents a rare opportunity to own a renovated Gulf-side penthouse with expansive outdoor living and exceptional resort amenities.
    3 days
    152
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Billy M Richard 850-319-9319,

    Realty Mark Associates

    Source: CPAR,MLS#: 794791MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Full Bath, Kitchen, Primary Bathroom, Primary Bedroom, Other
      Primary bedroom
      • Description: TBD
      • Level: First
      • Dimensions: 15 x 14
      Primary bathroom
      • Level: First
      • Dimensions: 9 x 7
      Other
      • Description: TBD
      • Level: First
      • Dimensions: 8 x 7
      Other
      • Description: TBD
      • Level: First
      • Dimensions: 9 x 7
      Kitchen
      • Description: TBD
      • Level: First
      • Dimensions: 14 x 10
      Other
      • Description: Covered
      • Features: Balcony
      • Level: Second
      • Dimensions: 50 x 11
      Other
      • Description: TBDroof top private entrance
      • Features: Balcony
      • Level: First
      • Dimensions: 35 x 35
      Heating
      • Electric
      Appliances
      • Included: Electric Range, Electric Water Heater
      Features
      • Double Vanity, Main Level Primary, Soaking Tub, Separate Shower
      Interior area
      • Total structure area: 981
      • Total interior livable area: 981 sqft

      Property

      Parking
      • Total spaces: 2
      • Covered spaces: 2
      Features
      • Patio & porch: Balcony, Covered, Open, Patio, Porch
      • Exterior features: Dock, Patio
      • Pool features: Community
      • Spa features: Community
      • Has view: Yes
      • View description: Gulf, Intercoastal
      • Has water view: Yes
      • Water view: Gulf,Intercoastal
      • Waterfront features: Gulf, Intracoastal Access
      Details
      • Parcel number: 002S2411100000PH01
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Mid Rise
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete, Stucco
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available

      Community & HOA

      Community
      • Features: Barbecue, Dock, Fitness Center, Pool, Community Pool, Short Term Rental Allowed
      • Security: Fire Sprinkler System, Fire Alarm
      • Subdivision: [No Recorded Subdiv]
      HOA
      • Has HOA: Yes
      • Services included: Association Management, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Sewer, Trash, Water
      • HOA fee: $4,600 quarterly
      Location
      • Region: Fort Walton Beach

      Financial & listing details

      • Price per square foot: $764/sqft
      • Annual tax amount: $6,230
      • Date on market: 8/31/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/31/2026Listed for sale$749,900$764/sqft
        Source: CPAR #794791 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Okaloosa Island

        Getting around

        36 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts