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200 Miracle Strip Pkwy #402, Fort Walton Beach, FL, 32547

2beds
2baths
1,670sqft
$499,000
$299price/sqft
$3,425/moest. monthly cost
$137,000/yrincome needed

About This Home

A Condo that Feels Like a Home - Includes Private Boat Slip! Welcome to Two Hundred West Unit 402, the only residence currently available in this desirable, non-rental waterfront community. The same floor plan two floors up just sold for $560,000. This unit is listed for only $475,000! It is priced to SELL! Overlooking the Santa Rosa Sound with glimpses of the Gulf, this exceptional condo offers 1,670 square feet of living space. With generously sized rooms, a thoughtful layout, and breathtaking water views, this property is perfectly suited as a primary residence or personal coastal retreat. Inside, the well-designed, split 2bd/2ba floor plan offers both space and privacy. Tile flooring runs throughout the main living areas for easy coastal maintenance and brand-new carpet adds comfort to the guest bedroom. The oversized kitchen features abundant cabinetry, generous counter space, and water views that elevate everyday living. A separate dining room adds versatility, easily functioning as a home office, hobby room, or entertaining space. The primary suite is a peaceful waterfront retreat with a renovated ensuite bath and direct access to the expansive balcony. A 2019 HVAC system keeps things cool while the building offers added peace of mind with a completed SIRS and a passed Milestone Inspection. Both the location and the Two Hundred West complex have so much to offer. A deeded private boat slip provides direct Intracoastal access for the boating enthusiast. Residents can enjoy quick access to popular waterfront dining hotspots by car or boat. There is a relaxing community pool overlooking the sound with on-site kayak storage also available. Plus, the community is pet-friendly (under 25 pounds). Conveniently located in Fort Walton Beach, the complex offers quick access to Okaloosa Island beaches, local dining, shopping, and medical facilities, along with convenient commutes to Hurlburt Field and Eglin Air Force Base. Combining spacious home-like living, waterfront access, and strong building compliance, Unit 402 presents a rare and low-maintenance opportunity on the Emerald Coast. Schedule your showing today. A video tour is also available

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 1984

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Refrigerator,Electric Water Heater

Bedrooms & Bathrooms

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

Cooling

  • Cooling features: Central Air

Dining Room

  • Level: First
  • Area: 122.21
  • Dimensions: 12.1 x 10.1

Interior Area

  • Total structure area: 1,670
  • Total interior livable area: 1,670 sqft

Kitchen

  • Level: First
  • Area: 162.14
  • Dimensions: 12.1 x 13.4

Living Room

  • Level: First
  • Area: 176.75
  • Dimensions: 17.5 x 10.1

Master Bedroom

  • Level: First
  • Area: 193.44
  • Dimensions: 15.6 x 12.4

Property

Details

  • Parcel number: 232S24255500004020

Features

  • Exterior features: Boat Slip
  • Has view: Yes
  • View description: Gulf,Intracoastal Waterwy,Sound
  • Has water view: Yes
  • Water view: Gulf,Intracoastal Waterwy,Sound
  • On waterfront: Yes
  • Waterfront features: Intracoastal Wtrwy,Sound

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

  • Lightning
    LightningVery High
  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Hurricane
Coastal Flooding
Heat Wave
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 $2,523$30,276
Home Insurance *$231$2,772
Property Taxes $474$5,688
Electricity $197$2,366
Total$3,425$41,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,428/yr
40% on housing$102,750/yr
45% on housing$91,333/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

$299This listing

vs Other Active Listings

Avg $/sqft

ZIP 32547$185
Okaloosa County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 32547$216
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)

Price History

DateEventPrice
2026-08-11Price change$475,000
2026-06-26Listed for sale$499,000
2015-04-24Sold$323,000
2014-12-03Listed for sale$340,000
2000-08-29Sold$237,500

For Sale by Agent

AgentCourtney Pantalena
BrokerageColdwell Banker Realty

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