For Sale, USD 254,900
1995 Devmor Court Unit 5A, Fort Walton Beach FL 32548, Fort Walton Beach, Florida, United States
Property Type : Condo
Property Style : N/A
Build Size : 704 ft² / 65 m²
Land Size : N/A
Bedroom : 1
Bathroom : 1
Half Bathroom : 0
MLS#: N/A
Property Description
Presenting a prime investment opportunity at Sunset Cottages 5A, a ground-floor condominium situated on Okaloosa Island in the Florida Panhandle. Located just 150 feet from public beach access, this property offers a desirable coastal location within a low-density complex, ensuring a quiet environment and convenient access to the community pool. The interior features an efficient, open-concept floor plan that maximizes space and natural light across the living, dining, and kitchen areas. The primary bedroom is spacious and includes a private entrance. Additional accommodations include hallway bunk beds, and the unit is serviced by a bathroom accessible from both the bedroom and common areas. This turnkey property is being sold fully furnished and offers a demonstrated track record of strong rental performance. The unit generated $27,700 in gross rental income in 2024 and $32,568 in 2025. Performance for 2026 shows $11,536 in income realized through May 17, with an additional $20,000 already booked for the remainder of the year. With HOA fees under $800 per month, this condominium presents a compelling value proposition for investors seeking a high-performing, turnkey beach property.
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1995 Devmor Court Unit 5A, Fort Walton Beach FL 32548, United States,Florida,Fort Walton Beach is a 704ft² Fort Walton Beach luxury Condo listed for sale USD 254,900. This high end Fort Walton Beach Condo is comprised of 1 bedrooms and 1 baths. Find more luxury properties in Fort Walton Beach or search for luxury properties for sale in Fort Walton Beach.