862 Scallop Ct Unit 108, FORT WALTON BEACH, FL

$435,000

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1

Bed

2

Baths

727

Square feet

Description

BEACHFRONT INVESTMENT PROPERTY! Introducing 862 Scallop Ct, Unit 108 - a prime investment opportunity nestled on the 1st floor of Island Sands Condominiums, Fort Walton Beach, FL. This beachfront 1BD/1.5BA, 727 sq ft, condo that sleeps 6 promises a profitable investment at $40k+ projected in gross rental income & $8500 already booked in 2024.Immerse yourself in contemporary coastal living just steps from the sugar sand beaches along The Emerald Coast. With direct beach access from your back deck, this condo offers a seamless blend of convenience & tranquility. Enjoy the perks of your own reserved parking space at the front door to unload the car with ease, a community pool, BBQ/Grill Area & bike rack, enhancing its appeal to potential renters.Recently remodeled in February 2023, this condo presents a fresh canvas for prospective buyers/investors. The renovation includes new paint & popcorn ceiling removal throughout, new kitchen appliances, including new washer/dryer. The kitchen boasts new quartz countertops, sink, & faucet, complemented by updated lighting and ceiling fans. New HVAC system (6/2023), sleeper sofas (2022), new bed with frame (2021) as well as new toilets in both bathrooms, this plug & play condo is poised for maximum rental appeal. Additional touches, such as updated vinyl plank flooring in the main bedroom (2021) and tile throughout, elevate the overall aesthetic. This property isn't just an investment; it's a strategic opportunity into the sought-after beachfront rental market. The allure of Okaloosa Island and the charm of this remodeled condo make it an enticing 2nd home at the beach and/or an investor seeking a rental income property. This gem generates approximately $40k+ in gross rental income annually and $8500 already on the books for 2024. Schedule a tour today and discover the potential of this newly renovated beachfront gem. Located directly on the turquoise waters of the Gulf of Mexico along The Emerald Coast, Island Sands Condominiums in Fort Walton Beach offer a peaceful retreat that has everything you want in a home or investment at the beach! Island Sands on Okaloosa Island is literally steps from the soft, sugar sand beachfront, from patio to beach in seconds. Island Sands amenities include: Community Pool / Community Grills / Beach Chair Service (available for rent) / Beach Walkway & Deeded Access / Gulf front / Outdoor showers. Favorite nearby restaurants are Stewbys, AJ's, Old Bay Steamer, The Gulf, Anglers & The Boardwalk are all within a quick drive & offer a variety of dining options, nightlife & even a marine theme park where you can catch a dolphin show. Adjacent to Grocery, Athletic Clubs, Shopping & other attractions within the Fort Walton Beach area! All dimensions and information to be verified by the buyer.

Legal Description

ISLAND SANDS UNIT 108

Features of 862 Scallop Ct Unit 108

MLS® # 937666
Price $435,000
Bedrooms 1
Bathrooms 2.00
Full Baths 1
Half Baths 1
Square Footage 727
Acres 0.00
Year Built 1983
Type Condominiums
Sub-Type Condominiums
Style N/A
Status Active

Community Information

Address 862 Scallop Ct Unit 108
Area Fort Walton Beach
Subdivision ISLAND SANDS CONDO
City FORT WALTON BEACH
County OKALOOSA
State FL
Zip Code 32548

Amenities

Amenities Pool, BBQ Pit/Grill, Beach, Deed Access, Dumpster, Picnic Area, TV Cable Available, Waterfront, Pets Allowed, Short Term Rental - Allowed
Utilities Electric Available, Public Sewer Available, Public Water Available, TV Cable Available
Is Waterfront Yes
Waterfront GULF
Has Pool Yes
Pool Community, Private

Interior

Interior Features Floor Vinyl, Kitchen Island, Renovated, Washer/Dryer Hookup, Breakfast Bar, Floor Tile, Furnished - All, Lighting Track, Newly Painted, Owner's Closet, Window Treatment All
Appliances Dishwasher, Dryer, Microwave, Washer, Oven:Self Cleaning, Refrigerator, Stove/Oven Electric
Heating Heat: Central Electric
Cooling A/C: Central Electric, Ceiling Fans
Fireplace No
Has Basement No

Exterior

Exterior Foundation Slab On Grade, Roof Metal, Roof Pitched, Siding Wood, Trim Wood
Exterior Features Patio Covered, BBQ Pit/Grill
Windows Double Paned Windows
Roof Roof Metal, Roof Pitched
Foundation Foundation Slab On Grade

School Information

Elementary EDWINS
Middle BRUNER
High FORT WALTON BEACH

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 1060.62
HOA Fees Freq. Monthly

Listing Details

OfficeLPT Realty LLC

Price History for MLS #937666

Date Details Change
Price Reduced from $445,000 to $435,000 $10,000 (2.25%)
Price Reduced from $455,000 to $445,000 $10,000 (2.20%)

For more information call

(850) 325-0004

Listing Map

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