Browse All Fort Walton Beach FL Between $500K - $600K Properties for Sale

Investor alert! Strong Rental History Welcome to Destin West! This exceptional one-bedroom, two-bathroom condominium offers a unique blend of comfort, convenience, and coastal living, making it an ideal choice for both personal enjoyment and investment as a turnkey vacation rental. Positioned just minutes from vibrant shopping and dining options, this property ensures that entertainment and leisure are always within reach. The unit is part of the renowned Destin West Condos, a community known for its extensive amenities designed to enhance your living experience. Residents and guests can indulge in the luxury of a lazy river, multiple swimming pools including a heated option, and a splash pad, providing endless fun and relaxation opportunities. Fitness enthusiasts will appreciate the on-site fitness center, while those seeking adventure can enjoy the short distance to the famous Crab Island. The property also boasts a sky bridge for easy access to the bay, enhancing the connectivity within the community. For boating aficionados, the 600-foot marina with available boat slips is a significant highlight, offering seamless access to the water. A short stroll will take you to the bustling Boardwalk, where shopping and dining experiences await. This prime location not only provides easy access to local attractions but also ensures a serene living environment with breathtaking Gulf views. The unit itself is thoughtfully designed to maximize space and comfort, featuring a well-appointed bedroom and two full bathrooms. The layout is perfect for accommodating guests, making it a versatile choice for owners looking to capitalize on vacation rental opportunities. Experience the best of Fort Walton Beach living with this exceptional property. Whether you're seeking a personal retreat or a lucrative investment this unit offers unparalleled access to the Gulf Coast's finest amenities and attractions. Don't miss the opportunity to own a piece of paradise in this sought-after location.

1515 SE Miracle Strip Parkway Unit 609, Fort Walton Beach

$533,000

5 Beds ⋅ 3 Baths ⋅ 749085 MLS

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' ''Step into your new haven at 1 Timberland Way, Fort Walton Beach, FL—a spacious, pool home nestled on a sprawling .38-acre lot. Property Features: 5 Bedrooms: A canvas for your creativity and customization. 3 Full Bathrooms: Convenience at its best. Two Living Areas: Double the relaxation, plus a separate dining room. A Spacious Kitchen: Perfectly positioned next to the family room for effortless entertaining. On-Site Laundry Room: No more hauling laundry up and down the stairs. Recent Updates include a brand New Roof (2023). 2-Year-Old HVAC System: Keeping things cool or toasty as you desire. Fresh LVP Flooring & Fixtures: A modern, durable, and stylish upgrade. Exterior Features: No HOA: Freedom to make this space your own! Expansive Backyard: Your canvas for recreation, gardening, or even boat and RV storage. In-Ground Pool: Ready for your pool parties! Location: 15 Minutes from Eglin & Hurlburt AFBs: Quick access for our heroes in uniform. Nearby Schools, Shopping, and Dining: Convenience at your doorstep. Easy Airport Access: Effortless travel. Don't let this opportunity float away! Dive into the pool of creativity and make this your dream home.

1 Timberland Way, Fort Walton Beach

$540,000

4 Beds ⋅ 3 Baths ⋅ 756223 MLS

ENTERED FOR COMP PURPOSES ONLY

502 Winthrop Street, Fort Walton Beach

$507,000

10 Beds ⋅ 6 Baths ⋅ 766679 MLS

UNDER CONTRACT - ACCEPTING BACK UP OFFERS! INVESTOR'S DREAM!!! Unbelievable Cash Flow opportunity in one of the most desirable locations in Fort Walton Beach! These 6 Beach Bungalows are the ''Unicorn'' opportunity that everyone dreams about. Rare oversized .4 acre lot that can be subdivided, or an additional duplex can be added - increasing value exponentially! Duplex 1: Two 504 sq/ft bungalows, each occupied with leases totaling $2,200+ a month. Duplex 2: Two 504 sq/ft bungalows, each occupied with leases totaling $2,200+ a month. Duplex 3: Two 400 sq/ft bungalows, each occupied with leases totaling $2,200+ a month. All this, and less than 2 minutes to Uptown Station, and 1.5 miles to the Sugar White Sands of the Gulf. Over $79k annually in rentals. Blink and you'll miss it! The numbers say it all... Nearly 8% annual return on investment (13% including appreciation), and an incredible CAP rate of over 8.5% in an area that has averaged right at 6% all year. The owner lives out of state and can no longer manage this incredible property, so their loss is your gain!!!

22 Bobolink Street, Fort Walton Beach

$507,000

10 Beds ⋅ 6 Baths ⋅ 766679 MLS

UNDER CONTRACT - ACCEPTING BACK UP OFFERS!INVESTOR'S DREAM!!!Unbelievable Cash Flow opportunity in one of the most desirable locations in Fort Walton Beach!These 6 Beach Bungalows are the ''Unicorn'' opportunity that everyone dreams about.Rare oversized .4 acre lot that can be subdivided, or an additional duplex can be added - increasing value exponentially!Duplex 1: Two 504 sq/ft bungalows, each occupied with leases totaling $2,200+ a month.Duplex 2: Two 504 sq/ft bungalows, each occupied with leases totaling $2,200+ a month.Duplex 3: Two 400 sq/ft bungalows, each occupied with leases totaling $2,200+ a month. All this, and less than 2 minutes to Uptown Station, and 1.5 miles to the Sugar White Sands of the Gulf.Over $79k annually in rentals. Blink and you'll miss it!The numbers say it all... Nearly 8% annual return on investment (13% including appreciation), and an incredible CAP rate of over 8.5% in an area that has averaged right at 6% all year. The owner lives out of state and can no longer manage this incredible property, so their loss is your gain!!!

22 Bobolink Street, Fort Walton Beach

$540,000

4 Beds ⋅ 3 Baths ⋅ 756223 MLS

ENTERED FOR COMP PURPOSES ONLY

502 Winthrop Street, Fort Walton Beach

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Between $500K - $600K Fort Walton Beach Real Estate

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