1517 Miracle Strip Parkway #1, Fort Walton Beach, FL 32548
Local realty services provided by:Better Homes and Gardens Real Estate Historic
1517 Miracle Strip Parkway #1,Fort Walton Beach, FL 32548
$749,900
- 2 Beds
- 2 Baths
- 981 sq. ft.
- Condominium
- Active
Listed by: billy m richard
Office: realty mark associates
MLS#:794791
Source:FL_BCMLS
Price summary
- Price:$749,900
- Price per sq. ft.:$764.42
- Monthly HOA dues:$1,533.33
About this home
OnOne-of-a-kind Gulf-side penthouse villa with panoramic views, exceptional outdoor living and a strong rental history--now available at Destin West Beach & Bay Resort.
Villa PH-01 is a beautifully renovated, top-floor corner residence featuring 10-foot ceilings, two walls of windows and abundant natural light. Enjoy unobstructed views of the Gulf of Mexico and Choctawhatchee Bay from the covered wraparound balcony and oversized private rooftop terrace, complete with a hot tub.
Designed for effortless coastal living, the open-concept interior flows from a fully equipped kitchen into an inviting living area with direct balcony access. Furnishings include a queen sleeper sofa, breakfast-bar seating and a bistro dining table. Offered fully furnished and turnkey, the villa is ready for personal enjoyment or continued rental use.
The spacious primary suite accommodates a king-size bed plus a daybed with trundle for additional guests. It also offers private balcony access and an en-suite bathroom with a garden tub and separate walk-in shower.
The villa has reportedly generated more than $70,000 in annual gross rental revenue while allowing approximately seven weeks of owner use per year, making it an attractive option for buyers seeking a vacation residence with income potential. Rental figures are historical, are not guaranteed and should be independently verified.
Destin West offers an impressive collection of resort-style amenities across its Gulf-side and bayfront properties. A pedestrian skybridge over Highway 98 provides convenient access between the beach and bay sides of the resort. Amenities include:
Seven swimming pools, including seasonally heated pools
5,000-square-foot lagoon-style pool
700-foot zero-entry lazy river
Bayfront waterfall pool
Gulf-side villa pool and children's pool
Multiple hot tubs
Large on-site fitness center
Full-service beach rentals
Bayfront marina and dock
Charcoal grilling stations and picnic areas
Accessible boardwalk to the beach
Children's play area
Covered parking
On-site management
Located on Okaloosa Island beside The Boardwalk, Destin West places dining, shopping and seasonal beachfront entertainment close at hand. Destin's HarborWalk Village is approximately four miles away, offering additional restaurants, boating excursions, shopping and entertainment.
Whether enjoyed as a private coastal retreat, vacation rental or combination of both, Villa PH-01 presents a rare opportunity to own a renovated Gulf-side penthouse with expansive outdoor living and exceptional resort amenities....
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Home facts
- Year built:2006
- Subdivision & Development:[No Recorded Subdiv]
- Listing ID #:794791
- Added:74 day(s) ago
- Updated:November 13, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:7
- Kitchen Description:Electric Range, Electric Water Heater
- Living area:981 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:2006
- Building area:981 sq. ft.
- Architectural Style:Mid Rise
- Construction Materials:Concrete, Stucco
- Exterior Features:Balcony, Dock, Patio, Porch
Schools
- High school:Other
- Middle school:Other
- Elementary school:Other
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$749,900
- Price per sq. ft.:$764.42
- Tax amount:$6,230 (2025)
Features and amenities
- Amenities:ElectricRange, ElectricWaterHeater, FireAlarm, FireSprinklerSystem
- Pool features:Community
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