Rated ''One of the Most Loved Homes on Airbnb'' by guests with a 4.95-star rating from 160 glowing reviews and generated a rental revenue of approximately $49K in 2024 (with 5+ months of owner usage), over $62K in 2023 and over 69K in 2022 (with around 2.5-3 months of owner usage in those years). This stunning ground-floor beachfront condo offers an unbeatable combination of luxury & convenience and performs as a permanent residence, a beachfront getaway or a rental investment. Direct egress to the beach from your private patio! Outside the front door there is designated parking and an assigned storage closet to the right, making for added convenience. The unit conveys ''turnkey'' including furniture, dcor, all accessories & appliances, including an indoor washer and dryer. The owner typically lived-full time in the unit during the off-seasons. The unit conveys turnkey with high-quality furniture and dcor, and all furnishings and appliances, including an indoor washer and dryer. A new outdoor A/C unit was installed in 2022. Water Heater 2020. Inside A/C unit 2011 good service reports Jan 2025. The low-density building has only 9 units, and allows short-term rentals and pets. The HOA fee covers high-speed internet, cable, water, trash, insurance, reserves, a CAM (Community Association Manager) and a part-time building maintenance person. The building has cleared the milestone study. The unit will convey with the option to the buyer of keeping any/all future rental bookings, offering an immediate rental revenue stream.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 11.0 x 12.0
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 3
- Master Bathroom: 11.00 x 4.00
- Master Bathroom Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Washer/Dryer Hookup
- Flooring: Floor Tile
- Window Features: Window Treatment All
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator W/IceMk
- Smoke Detector
- Smooth Stovetop Rnge
- Washer
Heating and Cooling
- Cooling Features: Central Air
Kitchen and Dining
- Kitchen Dimensions: 4.0 x 10.0
- Kitchen Level: First
Garage and Parking
Exterior and Lot Features
Waterfront and Water Access
Home Features
- View: Gulf
- Energy: AC - Central Elect, Water Heater - Elect
Rental Info
- Existing Lease Type: DailyWeekly
Homeowners Association
- Association: Yes
- Association Fee: 675
- Association Fee Frequency: Monthly
- Association Fee Includes: Ground Keeping, Insurance, Internet Service, Sewer, Water, Cable TV, Trash
- Calculated Total Monthly Association Fees: 675
School Information
- Elementary School: Edwins
- High School: Fort Walton Beach
- Middle School: Bruner
Amenities and Community Features
- Beach
- Dumpster
- TV Cable
- Waterfront
- Facilities: Short Term Rental - Allowed, Dumpster, TV Cable3, Beach, Waterfront
- Community Features: Beach, Dumpster, TV Cable, Waterfront
Other Property Info
- Annual Tax Amount: 4476.890000000
- Source Listing Status: Active
- County: Okaloosa
- Directions: From Hwy 98, turn South onto Santa Rosa Blvd. Approx. 1 mile turn left on Abalone and follow until you see Tiki Beach Condo - Unit #11 is on left of the three ground floor units. Two inline parking spaces per unit. Path to beach access thru gate on right side. Gated on both sides of building. Storage Closet is conveniently located on left side of front door to Unit 11.
- Tax Year: 2023
- Source Property Type: Residential
- Area: 12 - Fort Walton Beach
- Property Subtype: condo
- MLS Area Minor: 1201 - Okaloosa Island
- Source Neighborhood: TIKI BEACH CONDO
- Parcel Number: 00-2S-24-5023-0000-0110
- Subdivision: TIKI BEACH CONDO
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 767
- Year Built: 1982
- Building Area Source: Condo Docs
- Building Area Total: 767
- Property Age: 43
- Property Condition: Construction Complete
- Building Total Stories: 3
Utilities
- Sewer: Public Sewer
- Electric
- Phone
- Public Water
- TV Cable