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Harrison Lilly Team

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

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300 SW Miracle Strip Parkway 2f , Fort Walton Beach, FL 32548
$239,000
Est. Payment: $1,320.44/mo
2 Bed
1 Bath
1140 Sqft
Status: Active | Days on site: 18
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Harrison Lilly Team
Owner/Operator

House Description

INVESTMENT OPPORTUNITY WITH PROVEN RENTAL HISTORY! Approximately $43,441 in rental income for 2024, $43,418 for 2025, and $36,010 paid/upcoming for 2026! SHORT-TERM RENTALS ARE ALLOWED, and this beautifully renovated condo at Sea Palm comes FULLY FURNISHED and TURNKEY READY! Located in the heart of Fort Walton Beach, this adorable coastal retreat offers 2 bedrooms PLUS a separate bunk area designed to provide additional sleeping space and privacy. The primary bedroom features a king bed, the second bedroom a queen, plus hallway bunks and additional sleeping space on the sofa-allowing the unit to accommodate approximately 8-10 guests. Inside, you'll find a bright, updated interior with an open living and dining area, beautiful flooring, an updated kitchen and everything needed to begin enjoying or renting the property immediately. Sea Palm is a WATERFRONT COMMUNITY featuring a community pool and waterfront areas perfect for enjoying the Florida lifestyle. Bring the paddleboards or jet skis and take advantage of being right on the water! And the LOCATION is hard to beat! You're just minutes from the sugar-white beaches of Okaloosa Island, downtown Fort Walton Beach, restaurants, shopping, nightlife and entertainment. Whether you're searching for an established income-producing short-term rental, a personal Emerald Coast getaway, or a property that can do BOTH, this one checks the boxes: proven rental history, STR allowed, fully furnished, renovated, waterfront community, pool and a prime Fort Walton Beach location. Rental figures provided by seller/management records and are not guaranteed. Buyer to verify rental income, rental restrictions, association rules and all information deemed important.

Highlights

Listed by Meagan S Elder , 850-612-1625 Coldwell Banker Realty , 850-897-4563. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

1979

County

Okaloosa

Area

12 - Fort Walton Beach

Neighborhood

Sea Palm Condo

Listing ID

1010343

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Tile
Other:
  • ▪ Additional:Owner's Closet, Washer/Dryer Hookup

Exterior Features

Lot:Intracoastal Wtrwy,Sound
Sewer:Public Sewer
Principal Interest
$1,320
Taxes
$144
HOA
$0

Home Price

$239,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$47,800
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:
$1,320.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,320.44 $144.18 $0.00 $1,464.62
Yearly $15,845.29 $1,730.20 $0.00 $17,575.49
Total $475,358.61 $51,906.00 $0.00 $527,264.61

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: 2026-10-07T13:04:46.000Z

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