1517 Miracle Strip Parkway 1, Fort Walton Beach, FL 32548 (MLS# 794791)

Floor Number: 6

Design: Mid-Rise (4-7 floors)

Apx SqFt(Htd/Cooled): 981

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Accessory Dwelling Unit: No

Lot Dimensions: 0x0x0

New Construction: No

Garage Y/N: No

Covered Spaces: 2

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 2

Full Baths: 2

Total Baths: 2

Year Built: 2006

List Price/SqFt: 764.42

Status: Active

List Date: 2026-08-28

List Price: $749,900

Current Price: $749,900

Unit #: 1

Sub Area: 1701 - Okaloosa - Fort Walton Beach

Community/Resort: None

Waterfront: Yes

Gulf Access: Yes

Elementary School: Other

Middle School: Other

High School: Other

Directions: Highway 98 to Okaloosa Island. Located on the Gulf Side of the Highway. 6th floor

Area: 17 - Okaloosa

Street #: 1517

Street Name: Miracle Strip

Street Suffix: Parkway

State: FL

Zip Code: 32548

County: Okaloosa

Subdivision: [No Recorded Subdiv]

Parcel ID: 00-2S-24-1110-0000-PH01

Legal Description: GULF SIDE VILLAS @ DESTIN WEST PH01

Homestead: No

HOA Fee: Yes

HOA Amount: 4600

HOA Frequency: Quarterly

HOA Annual Amount: 18400

Is Subject Leased: No

New Buyer Fee: No

Last Taxes: 6230.34

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

Remarks: OnOne-of-a-kind Gulf-side penthouse villa with panoramic views, exceptional outdoor living and a strong rental history--now available at Destin West Beach & Bay Resort. Villa PH-01 is a beautifully renovated, top-floor corner residence featuring 10-foot ceilings, two walls of windows and abundant natural light. Enjoy unobstructed views of the Gulf of Mexico and Choctawhatchee Bay from the covered wraparound balcony and oversized private rooftop terrace, complete with a hot tub. Designed for effortless coastal living, the open-concept interior flows from a fully equipped kitchen into an inviting living area with direct balcony access. Furnishings include a queen sleeper sofa, breakfast-bar seating and a bistro dining table. Offered fully furnished and turnkey, the villa is ready for personal enjoyment or continued rental use. The spacious primary suite accommodates a king-size bed plus a daybed with trundle for additional guests. It also offers private balcony access and an en-suite bathroom with a garden tub and separate walk-in shower. The villa has reportedly generated more than $70,000 in annual gross rental revenue while allowing approximately seven weeks of owner use per year, making it an attractive option for buyers seeking a vacation residence with income potential. Rental figures are historical, are not guaranteed and should be independently verified. Destin West offers an impressive collection of resort-style amenities across its Gulf-side and bayfront properties. A pedestrian skybridge over Highway 98 provides convenient access between the beach and bay sides of the resort. Amenities include: Seven swimming pools, including seasonally heated pools 5,000-square-foot lagoon-style pool 700-foot zero-entry lazy river Bayfront waterfall pool Gulf-side villa pool and children's pool Multiple hot tubs Large on-site fitness center Full-service beach rentals Bayfront marina and dock Charcoal grilling stations and picnic areas Accessible boardwalk to the beach Children's play area Covered parking On-site management Located on Okaloosa Island beside The Boardwalk, Destin West places dining, shopping and seasonal beachfront entertainment close at hand. Destin's HarborWalk Village is approximately four miles away, offering additional restaurants, boating excursions, shopping and entertainment. Whether enjoyed as a private coastal retreat, vacation rental or combination of both, Villa PH-01 presents a rare opportunity to own a renovated Gulf-side penthouse with expansive outdoor living and exceptional resort amenities.

First: 1

Second: 1

First: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Concrete: 1

Siding - Stucco: 1

Patio Covered: 1

Patio Open: 1

Porch Covered: 1

Porch Open: 1

Dock: 1

Accounting: 1

Dumpster: 1

Ground Keeping: 1

Insurance: 1

Internet Service: 1

Master Association: 1

Sewer: 1

Trash Disposal: 1

TV Cable: 1

Water: 1

Cash: 1

Conventional: 1

Furnished: 1

First: 1

BBQ Pit/Grill: 1

Dock: 1

Exercise Room: 1

Pool: 1

Water Park: 1

Whirlpool: 1

Balcony: 1

Bunk Room: 1

Full Bathroom: 1

Kitchen: 1

Primary Bathroom: 1

Primary Bedroom: 1

TV Cable: 1

Electricity - Connected: 1

Garbage: 1

Internet - Broadband Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

Intercoastal Waterwy: 1

As Is: 1

First: 1

Gulf: 1

Intracoastal Waterway: 1

First: 1

Electric: 1

Electric: 1

MBath Double Vanity: 1

MBath Separate Shwr: 1

MBath Tub - Soaking: 1

First: 1

Fire Alarm: 1

Fire Sprinkler System: 1