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671 Nautilus Ct Unit 402, Fort Walton Beach, FL, 32548

1beds
2baths
1,060sqft
$489,000
$461price/sqft
$3,456/moest. monthly cost
$138,240/yrincome needed

About This Home

Welcome to this beautifully updated 4th-floor condo located in an intimate, 15-unit building on Okaloosa Island—a rare gem that stands out with its unique rooftop pool, offering panoramic Gulf views.This condo has been meticulously updated to ensure a modern and serene living space that mirrors its breathtaking beachfront setting. Experience peace of mind that comes with significant building enhancements, including new windows and sliding glass doors, fully paid for by the seller with a $120,000 special assessment fee.This property isn't just a home; it's a lifestyle. GROSS RENT for 2023 $57,757.33 and 2024 $64,505.45!! Wake up to the soothing sounds of the waves and enjoy morning coffees on your private balcony with unobstructed ocean views. Inside, you'll find a spacious layout that radiates luxury and comfort, perfect for entertaining or a quiet night in. Not only is this building pet-friendly, allowing you to enjoy beach life with your furry friends, but it also boasts the exclusive feature of having the only rooftop pool on the island. Imagine hosting gatherings in a spot where the skyline meets the sea or unwinding in the tranquil waters as the sun sets on the horizon. Living here means you're not just buying a property; you're embracing a lifestyle of luxury and relaxation, with every detail designed to maximize your enjoyment and comfort. Don't miss out on this unparalleled opportunity to own a piece of paradise on Okaloosa Island. For a private viewing and to experience this exceptional property firsthand, contact us today. Your beachfront dream home awaits.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

5/10
5/10

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 1982

Materials

  • Construction materials: Brick,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Area

  • Level: First
  • Area: 72
  • Dimensions: 12 x 6

Features

  • Window features: Hurricane Shutters

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,060
  • Total interior livable area: 1,060 sqft

Kitchen

  • Level: First
  • Area: 96
  • Dimensions: 12 x 8

Living Room

  • Level: First
  • Area: 320
  • Dimensions: 20 x 16

Property

Details

  • Parcel number: 002S24207400004020

Features

  • Exterior features: Balcony
  • Has view: Yes
  • View description: Gulf,Gulf/Pass,Intracoastal Waterwy
  • Has water view: Yes
  • Water view: Gulf,Gulf/Pass,Intracoastal Waterwy
  • On waterfront: Yes
  • Waterfront features: Gulf

Parking

  • Parking features: Guest,Garage,Covered
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Tornado
Tsunami

FEMA Declared Disasters in Okaloosa County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,472$29,664
Home Insurance *$230$2,760
Property Taxes $557$6,684
Electricity $197$2,366
Total$3,456$41,472
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$118,491/yr
40% on housing$103,680/yr
45% on housing$92,160/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$461This listing

vs Other Active Listings

Avg $/sqft

ZIP 32548$259
Okaloosa County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 32548$220
Okaloosa County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-03-03Price change$549,000
2025-01-27Listed for sale$550,000

For Sale by Agent

AgentJames P Ruckel
BrokerageBerkshire Hathaway HomeServices

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