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300 Miracle Strip Pkwy S #W-3b, Fort Walton Beach, FL, 32548

2beds
1baths
1,010sqft
$248,500
$246price/sqft
$1,692/moest. monthly cost
$67,680/yrincome needed

About This Home

Resort-Style Living with Courtyard & Water Views! Whether you're looking for a relaxing vacation retreat, a proven income-producing investment, or both, this first-floor condo checks all the boxes. Already participating in the Airbnb rental program, this property has a strong rental history and has generated excellent rental income, making it an outstanding investment opportunity. Sold fully furnished, it's truly turnkey and ready for immediate enjoyment or continued vacation rentals. Sip your morning coffee or unwind after a day of fun on the private patio overlooking the peaceful courtyard and water. Inside, you'll find granite countertops, soft-close drawers, a pantry with pullout shelves, a spacious walk-in shower, illuminated mirror, Bluetooth-enabled exhaust fan with integrated lighting, a new dishwasher, new kitchen sink, new in-unit washer and dryer, Nest thermostat, and video doorbell. Located in a community designed for relaxation and recreation, this condo offers the perfect blend of comfort, convenience, and carefree coastal living. Whether you're expanding your investment portfolio or searching for your own vacation getaway, this is an opportunity you won't want to miss. Schedule your showing today!

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1979

Materials

  • Foundation: Slab
  • Roof: Flat
  • Construction materials: Concrete

Type & Style

  • Home type: Condo
  • Architectural style: Cottage
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Appliances,ENERGY STAR Qualified Washer,ENERGY STAR Qualified Water Heater
  • Laundry features: Common Area

Bedroom

  • Level: First
  • Area: 140

Bedrooms & Bathrooms

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

Features

  • Door features: Insulated Doors,Storm Door(s),ENERGY STAR Qualified Doors
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Wall/Window Unit(s),ENERGY STAR Qualified Equipment,ENERGY STAR Qualified Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,010
  • Total interior livable area: 1,010 sqft

Kitchen

  • Level: First
  • Area: 91

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 142s2422100000003b
  • Zoning description: City,Res Multi

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground,Community
  • Patio & porch: Covered
  • Has view: Yes
  • On waterfront: Yes
  • Waterfront features: Intracoastal Waterway,Waterfront Deed Access

Lot

  • Features: Central Access

Parking

  • Parking features: 2 Space/Unit

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 $1,256$15,072
Home Insurance *$117$1,404
Property Taxes $122$1,464
Electricity $197$2,366
Total$1,692$20,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,011/yr
40% on housing$50,760/yr
45% on housing$45,120/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

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 32548$261
Okaloosa County$263

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)

Price History

DateEventPrice
2026-07-28Listed for sale$248,500

For Sale by Agent

AgentAziza Marzak
BrokerageLPT Realty

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