Sellers have multiple bookings already for spring & summer!! Welcome to HERMITAGE CONDOMINIUM on Okaloosa Island in Fort Walton Beach where you're surrounded by both the bay & the beach! This fully renovated, 2nd floor condo features 1 very large BR, 1BA, a bunk room with custom narrow twin beds, a laundry room, & a balcony overlooking the pool & bay! It can sleep 6 comfortably! It's been a short term rental since September of 2021 & grossed $44,035.43 for 2022! (Sellers self maintained bookings & cleanings!) A local's favorite beach (John Beasley Park) is right across Hwy 98 from this condo! Great news - VA loans are acceptable here! The HOA covers water, sewer, trash, internet, cable, grounds keeping, community pool (w/ bathrooms), 2 outdoor grills, 2 picnic tables, & access to the bay! This condo was fully renovated & turned into a 1/1 with bunk room in 2014. It was originally a 2BR/2BA unit. Sellers removed carpet in master bedroom and replaced it with LVP flooring in 2021. Ages of items: 2014 refrigerator, 2021 dishwasher, 2022 oven/stove, 2017 HVAC, 2020 washer/dryer combo, 2022 sliding door, 2014 tile, & water heater - unknown. This condo is a short term rental on Airbnb. The sellers self-manage bookings on Airbnb & self-clean. Sellers have grossed $44,035 & netted $25,000 for 2022 (after Airbnb fees, taxes, & cost to own). Cost to own for sellers (mortgage, hoa, Airbnb fees, & electric bill) is $18,000/yr. The seller's electric bill averages $115 per month. A boat slip does not come with this unit. There is no elevator at Hermitage Condominium.
Sold
$320,000
1330 Miracle Strip Pkwy SE APT 203, Fort Walton Beach, FL 32548
1beds
750sqft
Condominium
Built in 1983
-- sqft lot
$309,400 Zestimate®
$427/sqft
$875/mo HOA
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What's special
Zillow last checked: 7 hours ago
Listing updated: October 26, 2024 at 02:45pm
Listed by:
Emily J Hooks 850-699-6165,
MVP Realty TM
Bought with:
Jaetin K Bonner, 3458943
Amerivest Realty
Source: ECAOR,MLS#: 910994
Originating MLS: Emerald Coast

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
Primary bathroom
- Features: MBath Dressing Area, MBath Separate Shwr, MBath Tile
Bathroom
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Electric, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Electric Range, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Crown Molding, Kitchen Island, Renovated, Bunk Room, Full Bathroom, Kitchen, Living Room, Master Bedroom
- Flooring: Tile, Vinyl
Interior area
- Total structure area: 750
- Total interior livable area: 750 sqft
Property
Features
- Stories: 1
- Exterior features: Balcony, Renovated, BBQ Pit/Grill, Dock, Dumpster
- Pool features: Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay, Waterfront
Details
- Parcel number: 002S24048100002030
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Frame, Vinyl Siding
- Foundation: Foundation On Piling
- Roof: Metal
Condition
- Construction Complete
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Phone Connected, Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Fishing, Picnic Area, Pool, TV Cable
Location
- Region: Fort Walton Beach
- Subdivision: Hermitage Condominium
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $875 monthly
- Services included: Accounting, Maintenance Grounds, Insurance, Internet, Management, Recreational Faclty, Sewer, Trash, Cable TV, Water
Other
Other facts
- Listing terms: Conventional,VA Loan
Services availability

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$309,400
2% more+ $6,188
With Zillow Showcase(estimated)
$315,588