$574,000
Currently the lowest-priced condo available at Waterscape, A430 offers an attractive entry point into this Gulf-front Okaloosa Island resort community. Similar 1-bedroom units with bunk areas at Waterscape have historically generated approximately $42,000 to $60,000 in annual gross rental revenue. A430 is offered fully furnished, accommodates up to 6 guests, and includes updated interiors, climate-controlled storage, covered parking, and access to Waterscape's extensive resort amenities.
The condo has been refreshed with numerous new furnishings and fixtures, helping reduce the upfront setup for a new owner. The living room features new furniture, TV console, coffee table, end tables, area rug, floor lamp, and ceiling fan. New light fixtures have been added in the dining and kitchen areas. The primary bedroom has also been refreshed with a new headboard, nightstands, lamps, dresser, ceiling fan, and coastal artwork.
The open floor plan features 9-foot ceilings, crown molding, granite countertops, stainless steel appliances, tile flooring, and an in-unit washer and dryer. Both the living room and primary bedroom open to the spacious private balcony. A430 also includes a climate-controlled storage unit, providing valuable dedicated space for beach gear, owner belongings, and seasonal items.
Waterscape offers approximately 490 feet of beachfront and an extensive amenity package that adds to its appeal for vacation rental guests. Multiple resort-style pools, a zero-entry pool, lazy river, 10-foot waterfall, two hot tubs, children's splash and play areas, gas grilling stations, seasonal poolside dining, fitness center, covered parking, and direct beach access are all part of the Waterscape experience.
Located on Okaloosa Island, Waterscape is near Gulfarium Marine Adventure Park, The Boardwalk, and the Okaloosa Island Pier. Destin is just across the bridge, providing convenient access to Destin Harbor, HarborWalk Village, Big Kahuna's Water & Adventure Park, Destin Commons, restaurants, shopping, and entertainment.
For an investor comparing Okaloosa Island properties, A430 combines the lowest current asking price at Waterscape with historical rental performance from similar units, accommodations for up to 6 guests, updated furnishings, owner storage, covered parking, Gulf-front resort amenities, and proximity to Destin. Buyer to verify all dimensions and rental information.
1
Beds
⋅
2
Baths
⋅
1010953
MLS
1110 Santa Rosa Blvd Unit A430, Fort Walton Beach
Listing courtesy of Compass.