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For sale
    • Price cut: $23K (5/19)
    $717,000

    554 Coral Ct Unit 303, Fort Walton Beach, FL 32548

    2beds
    1,453sqft
    : 
    $4,582/mo
    Get pre-qualified
    Condominium
    Built in 1982
    -- sqft lot
    $-- Zestimate®
    $493/sqft
    $-- HOA

    What's special

    Beautiful coastal artwork throughoutComfortable coastal-inspired living spacesNewly renovated walk-in showerPrimary suiteBeautifully maintained grounds
    Known as 'Island Paradise' on Airbnb this Guest Favorite has an enviable 4.95 Five star rating with 108 reviews that document the unforgettable Gulf Coast experiences like enjoying breakfast while watching dolphins play from the expansive 30-foot balcony,, then spending a very short time getting to more than 400 feet of crystal beaches; ending the days with spectacular sunset views, moonrises, and starlit evenings overlooking the water. Inside, you'll find comfortable coastal-inspired living spaces adorned with beautiful coastal artwork throughout. The primary suite features a newly renovated walk-in shower,the guest bath's newly updated tub/shower combo, the spacious laundry room with a full-size washer & dryer provides convenience for weekend vacationers, seasonal snowbirds, and full-time residents alike. Recent improvements include: • New air conditioning condenser (August 2025) • New refrigerator (April 2025) • New shower and tub surrounds in both bathrooms (2025) Community amenities include a fitness center, covered parking beneath the tennis courts, adult & children's swimming pools, BBQ & picnic areas, and beautifully maintained grounds. Residents & guests appreciate the peaceful atmosphere. Whether you're seeking a personal coastal retreat, a full-time residence, or a proven income-producing vacation rental, this exceptional property offers the best of Emerald Coast waterfront living. Investor note: Gross Rental Income June 2025 thru May 2026 exceeds $77K Air Conditioning condenser replaced August 2025. Refrigerator replaced April 2025 Both bathroom shower/tub inserts replaced 2025 Neighborhood quiet time is from 9 pm to 9am.
    181 days
    |
    261
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Janet F Hays 850-533-9086,

    RE/MAX Coastal Properties

    Source: ECAOR,MLS#: 995066MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Description: Gulf views
      • Level: First
      • Area: 280 Square Feet
      • Dimensions: 20 x 14
      Bedroom
      • Level: First
      • Area: 238 Square Feet
      • Dimensions: 17 x 14
      Dining area
      • Level: First
      • Area: 240 Square Feet
      • Dimensions: 16 x 15
      Kitchen
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 13 x 11
      Laundry
      • Description: full size washer & dryer
      • Level: First
      • Area: 35 Square Feet
      • Dimensions: 7 x 5
      Living room
      • Description: Gulf views
      • Level: First
      • Area: 240 Square Feet
      • Dimensions: 16 x 15
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Crown Molding, Kitchen Island, Owner's Closet, Pantry, Woodwork Painted
      • Flooring: Tile
      • Windows: Double Pane Windows, Window Treatments, Hurricane Shutters
      • Furnished: Yes
      Interior area
      • Total structure area: 1,453
      • Total interior livable area: 1,453 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Other, Covered
      • Has carport: Yes
      Features
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Gulf, Gulf/Pass
      • Has water view: Yes
      • Water view: Gulf,Gulf/Pass
      • Waterfront features: Gulf, Gulf/Pass, Shore - Beach, Waterfront
      Details
      • Parcel number: 002S24309900000303

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete, Stucco
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 1982

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Fitness Center, Leasehold, Picnic Area, Pool, TV Cable, Tennis Court(s), Short Term Rental - Allowed
      • Security: Smoke Detector(s)
      • Subdivision: SURF DWELLER CONDO
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Insurance, Management, Recreational Faclty, Sewer, Cable TV, Trash, Water, Internet
      Location
      • Region: Fort Walton Beach

      Financial & listing details

      • Price per square foot: $493/sqft
      • Tax assessed value: $500,000
      • Annual tax amount: $6,558
      • Date on market: 2/11/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/19/2026Price change$717,000-3.1%$493/sqft
        Source: ECAOR #995066 Report a problem
        4/2/2026Price change$740,000+2.8%$509/sqft
        Source: ECAOR #995066 Report a problem
        2/11/2026Listed for sale$720,000+8.3%$496/sqft
        Source: ECAOR #995066 Report a problem
        12/14/2022Sold$664,900$458/sqft
        Source: ECAOR #910973 Report a problem
        10/29/2022Pending sale$664,900$458/sqft
        Source: ECAOR #910973 Report a problem
        10/28/2022Listed for sale$664,900+77.3%$458/sqft
        Source: ECAOR #910973 Report a problem
        10/28/2016Sold$375,000-6.2%$258/sqft
        Source: ECAOR #759754 Report a problem
        8/29/2016Listed for sale$399,900+14.3%$275/sqft
        Source: Coldwell Banker Residential Real Estate - Destin / 30A #759754 Report a problem
        6/11/2010Listing removed$350,000$241/sqft
        Source: ALICIA J HOLLIS REALTOR #528271 Report a problem
        12/10/2009Listed for sale$350,000$241/sqft
        Source: ALICIA J HOLLIS REALTOR #528271 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,558 -9%$500,000 -8.3%
        2024$7,211 -0.7%$545,000
        2023$7,265 +33%$545,000 +22.5%
        2022$5,464 +14.7%$445,000 +29%
        2021$4,762 +7.5%$345,000 +1.5%
        2020$4,431 +8.8%$340,000 +13.3%
        2019$4,072 +0.6%$300,000 +3.4%
        2018$4,047 $290,000 +3.6%
        2017$4,047 +0.7%$280,000 +8.1%
        2016$4,019 +10.5%$259,000 +4.9%
        2015$3,637 +1.6%$247,000 +2.9%
        2014$3,581 $240,000 +10.6%
        2013-- $217,000 +2.8%
        2012-- $211,000 -5.8%
        2011-- $224,000 -14.5%
        2010-- $262,000 -15.2%
        2009-- $309,000 -13%
        2008-- $355,000 -8.3%
        2007-- $387,000 -13%
        2006-- $445,000 +21.9%
        2005-- $365,000 +62.2%
        2004-- $225,000 +9.8%
        2003-- $205,000 +6.8%
        2002-- $192,000
        2001-- $192,000
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Okaloosa Island

        Getting around

        19 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Edwins
        • 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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