Fort Walton Beach, FL 32548
Property Inquiry
Contact Veronica Johnson about this property!
Property Details
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.
| COMPENSATION | Single Agent 3.00% Transaction Broker 3.00% Non Rep 3.00% |
| UNIT # | UNIT 108 |
| COUNTY | Okaloosa |
| SUBDIVISION | ISLAND SANDS CONDO |
| PARCEL ID | 00-2S-24-1279-0000-1080 |
| TYPE | Condominium |
| STYLE | N/A |
| ACREAGE | 0 |
| LOT ACCESS | N/A |
| LOT SIZE | N/A |
| HOA INCLUDE | Accounting,Ground Keeping,Insurance,Internet Service,Licenses/Permits,Management,Master Association,Recreational Faclty,Repairs/Maintenance,Sewer,Trash,TV Cable |
| HOA FEE | 1060.62 (Monthly) |
| UTILITIES | Electric,Public Sewer,Public Water,TV Cable |
| PROJECT FACILITIES | BBQ Pit/Grill,Beach,Deed Access,Dumpster,Pets Allowed,Picnic Area,Pool,Short Term Rental - Allowed,TV Cable,Waterfront |
| ZONING | N/A |
| PARKING FEATURES | N/A |
| APPLIANCES | Dishwasher,Dryer,Microwave,Oven Self Cleaning,Refrigerator,Stove/Oven Electric,Washer |
| ENERGY | AC - Central Elect,Ceiling Fans,Double Pane Windows,Heat Cntrl Electric,Water Heater - Elect |
| INTERIOR | Breakfast Bar,Floor Tile,Floor Vinyl,Furnished - All,Kitchen Island,Lighting Track,Newly Painted,Owner's Closet,Renovated,Washer/Dryer Hookup,Window Treatment All |
| EXTERIOR | BBQ Pit/Grill,Patio Covered |
| ROOM DIMENSIONS | Living Room : 16 x 15 Master Bedroom : 12 x 12 Half Bathroom : 5 x 4 Full Bathroom : 8 x 5 Balcony : 14 x 4 |
Schools
Location & Map
Highway 98 to Santa Rosa Boulevard. Scallop Court is near the end of the island, turn left on Scallop Court and then a quick right into parking lot. There is a dedicated parking space for unit 108.