Highly coveted and only three-bedroom, 3-bathroom with additional bunk beds has arrived at Waterscape and is priced to sell. Unit sleeps 10 and has excellent rental history, grossing over $75, 000 in 2025.Welcome to luxury beachfront living at Waterscape Condominiums, located on the pristine shores of Okaloosa Island.Designed with elegance and comfort in mind, this unit features a spacious open floor plan and comes fully furnished. Conveniently located in Building C, the residence offers a south-facing balcony with unobstructed views of the pool area and Gulf. Boasting exceptional amenities, including 490 feet of beachfront, a split-level courtyard with two pools, and freshwater showers. A pre-list inspection has been completed, and all items have been remedied. It's essential to consider the area's market growth and upcoming developments when evaluating the long-term investment potential of this property. As a premier unit on the market, this impressive three-bedroom, three-bath condo offers unparalleled Gulf views and tasteful decor, making it a true standout. Welcome to luxury beachfront living at Waterscape Condominiums, located on the pristine shores of Okaloosa Island. Designed with elegance and comfort in mind, this unit features a spacious open floor plan. Vacasa Rental Projections estimate an annual rental income of $75, 000 to $80, 000, making this property a perfect investment opportunity, with the $75, 000 mark reached in 2025. Vacasa is conveniently located in the lobby level of Building C and has provided these projections based on the unit's location and amenities.
Property Features
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 13' x 13'
- Bedroom 1 Dimensions: 11' x 12'
- Bedroom 2 Dimensions: 10.5' x 10'
- Primary Bedroom Level: First
- Bedroom 1 Level: First
- Bedroom 2 Level: First
- Primary Bedroom Description: Buyer to Verify all Measurements
- Bedroom 1 Description: Buyer to Verify all Measurements
- Bedroom 2 Description: Buyer to Verify all Measurements
Other Rooms
- Total Rooms: 5
- Great Room Dimensions: 25.5' x 14'
- Great Room Level: First
- Great Room Description: Buyer to Verify all Measurements
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Interior Features
- Breakfast Bar
- Ceiling Crwn Molding
- Ceiling Raised
- Ceiling Tray/Cofferd
- Hallway Bunk Beds
- Owner's Closet
- Pantry
- Washer/Dryer Hookup
- Flooring: Floor Tile
- Window Features: Plantation Shutters, Window Treatment All
Appliances
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Microwave
- Oven Self Cleaning
- Refrigerator W/IceMk
- Smoke Detector
- Stove/Oven Electric
- Washer
- Water Heater - Elect
Heating and Cooling
- Cooling Features: Ceiling Fans, Central Air
- Heating Features: Central
- Heating: Yes
- Ceiling Fans: Yes
Kitchen and Dining
- Kitchen Description: Buyer to Verify all Measurements
- Kitchen Dimensions: 12' x 12'
- Kitchen Level: First
Exterior and Lot Features
Pool and Spa
Waterfront and Water Access
Garage and Parking
- Attached Garage: Yes
- Covered Spaces: 2
- Garage Spaces: 2
- Parking Features: Covered, Guest
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 1144
- Association Fee Frequency: Monthly
- Association Fee 2: 1144
- Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Legal, Licenses/Permits, Management, Master Association, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
- Calculated Total Monthly Association Fees: 1144
Multi-Unit Info
School Information
- Elementary School: Edwins
- High School: Choctawhatchee
- Middle School: Bruner
Amenities and Community Features
- Community Features: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Handicap Provisions, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, TV Cable, Waterfront, Whirlpool
Other Property Info
- Annual Tax Amount: 8211
- Source Listing Status: Active
- County: Okaloosa
- Directions: Coming from Destin, heading west on 98 to Okaloosa Island, turn left at the intersection of Santa Rosa Blvd. Waterscape is the first condo on the left side(gulf side) of the street, with a parking garage.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 12 - Fort Walton Beach
- Property Subtype: condo
- MLS Area Minor: 1201 - Okaloosa Island
- Source Neighborhood: WATERSCAPE
- Parcel Number: 00-2S-24-2400-0000-C500
- Subdivision: WATERSCAPE
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1490
- Year Built: 2008
- Building Area Source: County PA Records
- Building Area Total: 1490
- Construction Materials: Concrete, Steel, Stucco
- Property Age: 17
- Property Condition: Construction Complete
- Levels or Stories: 1
- Building Total Stories: 5
- Total Area Sqft: 1490
Utilities
- Sewer: Public Sewer
- Electric
- Public Water
- TV Cable