Fort Walton Beach, FL 32548
Property Inquiry
Contact Shay Dassa about this property!
Property Details
Highly coveted and only three-bedroom, 3-bathroom with additional bunk beds has arrived at Waterscape and is priced to sell. Unit sleeps 10 and has excellent rental history, grossing over $75,000 in 2025.Welcome to luxury beachfront living at Waterscape Condominiums, located on the pristine shores of Okaloosa Island.Designed with elegance and comfort in mind, this unit features a spacious open floor plan and comes fully furnished. Conveniently located in Building C, the residence offers a south-facing balcony with unobstructed views of the pool area and Gulf. Boasting exceptional amenities, including 490 feet of beachfront, a split-level courtyard with two pools, and freshwater showers. A pre-list inspection has been completed, and all items have been remedied. It's essential to consider the area's market growth and upcoming developments when evaluating the long-term investment potential of this property.
As a premier unit on the market, this impressive three-bedroom, three-bath condo offers unparalleled Gulf views and tasteful decor, making it a true standout.
Welcome to luxury beachfront living at Waterscape Condominiums, located on the pristine shores of Okaloosa Island. Designed with elegance and comfort in mind, this unit features a spacious open floor plan.
Vacasa Rental Projections estimate an annual rental income of $75,000 to $80,000, making this property a perfect investment opportunity, with the $75,000 mark reached in 2025. Vacasa is conveniently located in the lobby level of Building C and has provided these projections based on the unit's location and amenities.
| UNIT # | C500 |
| COUNTY | Okaloosa |
| SUBDIVISION | WATERSCAPE |
| PARCEL ID | 00-2S-24-2400-0000-C500 |
| TYPE | Condominium |
| STYLE | N/A |
| ACREAGE | 0 |
| LOT ACCESS | N/A |
| LOT SIZE | N/A |
| HOA INCLUDE | Accounting,Ground Keeping,Insurance,Internet Service,Legal,Licenses/Permits,Management,Master Association,Recreational Faclty,Security,Sewer,Trash,TV Cable,Water |
| HOA FEE | 1144.00 (Monthly) |
| UTILITIES | Electric,Public Sewer,Public Water,TV Cable |
| PROJECT FACILITIES | BBQ Pit/Grill,Beach,Deed Access,Dumpster,Elevators,Exercise Room,Fishing,Gated Community,Handicap Provisions,Pavillion/Gazebo,Pets Allowed,Picnic Area,Pool,Short Term Rental - Allowed,TV Cable,Waterfront,Whirlpool |
| ZONING | N/A |
| PARKING FEATURES | Covered,Garage Attached,Guest |
| APPLIANCES | Cooktop,Dishwasher,Disposal,Dryer,Microwave,Oven Self Cleaning,Refrigerator W/IceMk,Smoke Detector,Stove/Oven Electric,Washer |
| ENERGY | AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect |
| INTERIOR | Breakfast Bar,Ceiling Crwn Molding,Ceiling Raised,Ceiling Tray/Cofferd,Floor Tile,Furnished - All,Hallway Bunk Beds,Owner's Closet,Pantry,Plantation Shutters,Washer/Dryer Hookup,Window Treatment All |
| EXTERIOR | Balcony |
| ROOM DIMENSIONS | Master Bedroom : 13 x 13 Bedroom : 11 x 12 Bedroom : 10.5 x 10 Great Room : 25.5 x 14 Kitchen : 12 x 12 |
Schools
Location & Map
Coming from Destin, heading west on 98 to Okaloosa Island, turn left at the intersection of Santa Rosa Blvd. Waterscape is the first condo on the left side(gulf side) of the street, with a parking garage.