Prime short-term rental opportunity on Okaloosa Island! This penthouse, top-floor condo features 10 ft. ceilings and truly unbeatable proximity to the best of Northwest Florida just minutes to the white-sand beaches, waterfront dining, boutique shopping, and entertainment in both Downtown Fort Walton Beach and Destin. Whether for personal escape or as a high-performing STR, this location is hard to match. Located in a gated community, this property includes 2 covered assigned parking spots 39 & 40, owner storage lockers in the parking garage, and impressive amenities: a community pool & hot tub and a 25' boat slip (#19) with a lift. Enjoy panoramic views of the Intracoastal Waterway from the spacious balcony, accessible through a large glass sliding door that fills the living space with natural light. Inside, the unit offers tile flooring throughout, crown molding, and an open layout ideal for hosting guests. The kitchen features a convenient breakfast bar, a white enamel dual-basin sink, and plenty of cabinet and countertop space. The primary bedroom has a large picture window overlooking the water, a ceiling fan, and an ensuite bathroom complete with a glass-tiled walk-in shower with built-in seat. Additional conveniences include a full-size washer and dryer in the unit. Whether you're looking to capitalize on Okaloosa Island's thriving vacation-rental market or secure your own waterfront retreat, this penthouse unit checks all the boxes.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 13' x 11.8'
- Bedroom 1 Dimensions: 12.5' x 10.2'
- Primary Bedroom Level: First
- Bedroom 1 Level: First
Other Rooms
- Total Rooms: 8
- Full Bathroom Dimensions: 12.5' x 8.4'
- Full Bathroom Level: First
- Laundry Dimensions: 6.9' x 5.2'
- Laundry Level: First
- Living Room Dimensions: 10.11' x 12.1'
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom Dimensions: 9.6' x 4.11'
- Primary Bathroom Level: First
Interior Features
- Breakfast Bar
- Ceiling Crwn Molding
- Owner's Closet
- Washer/Dryer Hookup
- Flooring: Floor Tile
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator W/IceMk
- 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
- Dining Area Dimensions: 6.1' x 12.1'
- Dining Area Level: First
- Kitchen Dimensions: 13.8' x 6.6'
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Boat Slip
- Boatlift
- Boat Slip: Yes
Pool and Spa
Waterfront and Water Access
Garage and Parking
Home Features
- View: Bay
- Security Features: Fire Alarm/Sprinkler
Homeowners Association
- Association: Yes
- Association Fee: 773
- Association Fee Frequency: Monthly
- Association Fee 2: 773
- Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Management, Sewer, Water, Trash
- Calculated Total Monthly Association Fees: 773
School Information
- Elementary School: Elliott Point
- High School: Fort Walton Beach
- Middle School: Bruner
Amenities and Community Features
- Community Features: Community Room, Dock, Elevators, Gated Community, Pool, Waterfront
Other Property Info
- Annual Tax Amount: 5151
- Source Listing Status: Active
- County: Okaloosa
- Directions: Heading E on Hwy 98 coming over the Brooks Bridge, take an immediate right onto Santa Rosa Blvd. Travel approx. 0.6mi down the road and take a right onto Bluefish Dr. Take your second right onto Bream Ave and continue to the end of the road to the condo structure.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 12 - Fort Walton Beach
- Property Subtype: condo
- MLS Area Minor: 1201 - Okaloosa Island
- Source Neighborhood: PALM COURT YACHT CLUB
- Parcel Number: 00-2S-24-1917-0000-0604
- Subdivision: PALM COURT YACHT CLUB
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1089
- Year Built: 1999
- Building Area Source: County PA Records
- Building Area Total: 1089
- Construction Materials: Concrete
- Property Age: 26
- Property Condition: Construction Complete
- Levels or Stories: 1
- Total Area Sqft: 1089
Utilities
- Sewer: Public Sewer
- Electric
- Public Water
