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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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1515 SE Miracle Strip Pkwy Unit 503 , Fort Walton Beach, FL 32548
$535,000
Est. Payment: $2,955.80/mo
1 Bed
2 Bath
913 Sqft
Status: Active | Days on site: 69
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Harrison Lilly Team
Owner/Operator

House Description

ESTATE SALE: Prime Gulf-Front Location & High-Yield Investment at Destin West Beach & Bay Resort. Rare opportunity to own a highly coveted, fully furnished corner unit positioned just 70 steps from the pristine, sugar-white sand and emerald waters of Okaloosa Island. Featuring a high-yield rental layout that comfortably sleeps 6, this turnkey condo is the perfect family vacation getaway or a powerful addition to your investment portfolio. This desirable layout features a fully furnished 1-bedroom with a dedicated bunk room and 2 full bathrooms. For ultimate convenience, this specific unit is the absolute closest to the beach boardwalk, main pool access, grilling area, and fitness center. It comes fully equipped with a full kitchen, free high-speed Wi-Fi, a private balcony, and a dedicated washer and dryer closet. Owners and guests enjoy complete, safe access to both sides of the premier Destin West resort via an elevated pedestrian skywalk, offering the best of both worlds. The Gulfside Oasis features a massive 5,000 sq. ft. lagoon-style pool, a large covered pool, hot tub Jacuzzis, a state-of-the-art fitness center, a grilling area, covered parking, and a beach boardwalk with seasonal beach service. The Bayside Paradise is home to the famous 700-foot lazy river, a tropical waterfall pool, a zero-entry wading pool, two additional hot tubs, a picnic area, and marina with boat docking options. The unbeatable location provides unmatched rental drivers and convenience. It is a short 15-minute stroll to The Boardwalk at Okaloosa Island restaurants, shopping, boat rentals, the Gulfarium Marine Adventure Park, and the iconic fishing pier. It sits within 1/2 mile of the Emerald Coast Convention Center, making it a prime target for lucrative off-season corporate rentals. Travel logistics are exceptionally easy, located just 8 miles from the Destin-Fort Walton Beach Airport (VPS) and a quick 10-minute drive to the famous Destin Harbor Boardwalk. Whether you are looking for a personal slice of paradise or a proven income-generating property, this super-convenient corner unit offers a beach lifestyle that is hard to beat.

Highlights

Listed by Martina Hart , 850-244-9898 Sugar Sands Realty , 850-244-9898. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

2002

County

Okaloosa

Area

12 - Fort Walton Beach

Neighborhood

Destin West Beach & Bay Resort-Gulfside

Listing ID

1008146

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Air Cond:Ceiling Fans
Fireplaces:
Floor:Floor Tile
Other:
  • ▪ Additional:Breakfast Bar, Ceiling Tray/Cofferd, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup

Exterior Features

Lot:Gulf
Others:
  • ▪ Additional:Balcony, Hot Tub, Shower, Sprinkler System
Sewer:Public Sewer
Parking Features:Covered,Garage Detached,Guest,Oversized
Principal Interest
$2,956
Taxes
$411
HOA
$0

Home Price

$535,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$107,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,955.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,955.80 $410.98 $0.00 $3,366.78
Yearly $35,469.58 $4,931.80 $0.00 $40,401.38
Total $1,064,087.26 $147,954.00 $0.00 $1,212,041.26

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Fort Walton Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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