520 Santa Rosa Blvd Unit 708, FORT WALTON BEACH, FL – $325,000 - NOW SOLD!

island princess sold

Every now and then a Destin condo comes along that makes an ideal investment property. This Gulf front penthouse in Island Princess has Location - Good Price - Excellent Amenities - Great Condition - Proven Rental History - pretty much everything you'd be looking for in an investment condo on the Gulf coast.

Currently rented right through to October, this condo on Okaloosa Island has over $37,000 in proven rentals for 2016, 2017 and 2018. The Gulf of Mexico views from this 7th floor penthouse are truly spectacular and visible from the kitchen, and living room. Beach access is just steps away via the private walkover.

Spacious Rental

This is a one-bedroom unit,…

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Sneak Peak - Island Princess Gulf Front Condo on Okaloosa Island features amazing location and 3 years of rental income.

Island Princess, Okaloosa Island, Florida

This is an amazing opportunity to own a gulf front condo at Island Princess on Okaloosa Island for $325,000. Quick facts:

  • Residence is 887 sq. ft.
  • 1 Bedroom with Bunks
  • Located on the Penthouse Level
  • Covered garage

The owner manages this unit through VRBO and has documented net rentals for the past three years as follows:

  • 2017 - $37,872 (through 11/14)
  • 2016 - $38,178
  • 2015 - $37,020

All taxes and housekeeping fees have been removed from these numbers.

Call 850-259-4133 for an exclusive showing, or email for more information.

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We've highlighted a couple new listings in the Destin area that are worth a second look. Both offer a quality home for sale and excellent value for the money.

Sanctuary at Redfish - $725,000

1653 W. Co. Highway 30A, #3106, Santa Rosa Beach

Sanctuary at Redfish is in itself a desirable property in Santa Rosa Beach. A gated community overlooking a lake, guests are whisked by water taxi to the nearby white sand beach. There are 4 pools, hot tub, gym, garage parking and free paddle boards and kayaks. This particular listing is an established VRBO rental located on the 3rd floor with both Gulf of Mexico and lake views. At 1,958 sq.ft., this is the largest 3-bedroom plan available.

Sanctuary at Redfish

Prominence Townhome - $372,980

51 E. Dune Comet Lane, #C,…

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Recently Sold by Destin Real Estate

Congratulations to these happy sellers - it was a pleasure working with each and every one of you!

Sold by Destin Real Estate

Quick Facts From These Sales

  • Four of these listings sold in less than 90 days for 96% of the asking price.
  • The average sold price was $423,750, although there were properties on both ends of the scale.
  • The highest price listing was $820,000 for a beachfront condominium in Bella Riva.
  • The lowest price was $80,000 for a waterfront condo with boatslip in Pirate's Bay.

Sold Listings

  • 240 Gulf Shore Drive #332, Destin, FL - MLS #774807
  • 874 Venus Court #302, Fort Walton Beach, FL - MLS #730835
  • 228 Amberjack Dr., #19, Fort Walton Beach, FL - MLS #773393
  • 214 SW Miracle Strip Pkwy #B213,…

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