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Turn-Key Gulf-Front Investment with Proven Rental Income at Island Princess Welcome to one of Okaloosa Island's premier Gulf-front resorts where strong rental history meets effortless coastal living. This beautifully maintained 2-bedroom, 2-bath unit has been owned by the same owner for over 20 years and offers a consistent, proven rental track record making it an exceptional opportunity for investors or those seeking a second home that pays for itself.
Step inside to a spacious, open floor plan designed to maximize both comfort and views. Enjoy unobstructed Gulf views from the living room and primary suite, with two access points leading to a private covered balcony perfect for morning coffee, sunset watching, and spotting dolphins right offshore. This unit is truly turn-key and rental -ready, offered fully furnished with updated décor and furnishings, stainless steel appliances, updated gold kitchen and bath hardware, all white kitchen cabinets and countertops giving the luxurious-beachy vibe, plus an updated HVAC system and water heater. Additional conveniences include deeded covered parking and in-unit laundry. Residents and guests enjoy resort-style amenities including a Gulf-front pool, hot tub, beach service available for guest, and approximately 500 feet of pristine white sand beach. Location is everything and this unit delivers. Just minutes from: The Boardwalk on Okaloosa Island for dining, shopping, and nightlife Gulfarium Marine Adventure Park for family-friendly entertainment Okaloosa Island Pier for fishing and sightseeing
HarborWalk Village just a short drive away for waterfront dining, boating, and events. Plus easy access to grocery stores, beach shops, and local favorites throughout Fort Walton Beach and Destin Whether you're looking for a high-performing vacation rental, a second home, or a full-time beachfront retreat, this unit checks every box.

Fort Walton Beach

520 Santa Rosa Boulevard 405

2 Beds

2 Baths

1,089 Sq.Ft.

$615,000

MLS#: 1001274

Lynn Haven

1518 Missouri Avenue

3 Beds

2 Baths

1,726 Sq.Ft.

$375,000

MLS#: 1001236

Look East out the kitchen window and see the sunrise; look West from the dock and see spectacular sunsets. Exquisite bayfront residence set beneath majestic Live Oaks, offering privacy, timeless design, and direct water access. This custom-built home showcases refined architectural details including soaring ceilings, tray accents, crown molding, and extensive custom millwork throughout. Expansive windows frame breathtaking water views, filling the home with natural light.

The thoughtfully designed kitchen features Corian and quartzite countertops, solid wood cabinetry, abundant storage, and a center island, 2 sinks and 2 ovens, with a light-filled dining area overlooking the bay. The great room is anchored by a ventless gas fireplace with custom built-ins, creating a warm and inviting gathering space.

A bright all-season room offers additional living space with panoramic views, ideal for year-round enjoyment of the waterfront setting.

The primary suite offers a peaceful retreat with water views and a spacious ensuite bath complete with dual vanities, jetted tub, and separate shower. Bedrooms two and three are connected by a Jack and Jill bathroom, while bedroom four features a semi-private bath, providing ideal accommodations for guests.

Outdoor living is exceptional with a screened-in patio capturing panoramic waterfront views and a beautifully landscaped yard. A private boathouse and dock with covered lift, and a 3-4 foot water depth, enhance the coastal lifestyle, with convenient proximity to the East Pass for quick access to the Gulf.

Additional features include an oversized 3-car garage, two-zone heating and cooling system, and washer and dryer that convey. Most furnishings are included with the sale, with the exception of select documented items.

A rare opportunity to experience elevated waterfront living with space, functionality, and unmatched natural beauty.

Miramar Beach

394 Hideaway Bay Drive

4 Beds

3 Baths

3,321 Sq.Ft.

$2,199,000

MLS#: 1001267

Welcome to Studio #8214, a newly updated beach getaway filled with coastal charm and a peek of the Gulf from your private balcony! This delightful second-floor condo offers a cozy yet stylish retreat with stainless-steel appliances, a full-size kitchen, breakfast bar, open floor plan, queen bed, and sleeper sofa for added flexibility. Enjoy a relaxing balcony view with a peek of the pool while soaking in the Sandpiper Cove atmosphere. Recent updates include new interior doors, electrical, and water heater improvements. Sold fully furnished and ready to enjoy as a vacation retreat, rental investment, or personal beach escape. The pool and laundry are just steps away for added convenience. Sandpiper Cove offers incredible amenities including deeded Gulf-front beach access, 5 pools, hot tubs, a 9-hole par-3 golf course, pickleball, tennis, marina access, and more.

Destin

775 Gulf Shore Drive UNIT 8214

None Beds

1 Baths

525 Sq.Ft.

$267,500

MLS#: 999725

This beautifully designed split floor plan offers excellent use of space, highlighted by a soaring cathedral ceiling that connects the living room, kitchen, and dining area creating a bright, open feel perfect for relaxing or entertaining. The interior features luxury vinyl plank flooring, shaker-style cabinetry, quartz countertops, stainless steel appliances, and upgraded light fixtures. Tempered glass vessel sinks and modern finishes add a stylish touch throughout. Tucked away at the end of a quiet road, this home offers added privacy and a peaceful setting while still being conveniently located. Pet-friendly with space for your furry companions to enjoy. Don't miss the opportunity to call this home!

DeFuniak Springs

150 E Hibiscus Avenue

3 Beds

2 Baths

1,256 Sq.Ft.

$1,950

MLS#: 1001234

This beautifully decorated, beach-inspired 1BR + bunks Gulf-front condo is rental-ready. Enjoy sweeping views from your third-floor patio overlooking a resort-style pool with tiki huts, zero-entry design, palm trees, and ample lounge space. A private dock provides easy access across white sand to the emerald Gulf waters. Amenities include an indoor pool, spa, fitness center, and secure parking garage. Shores of Panama is undergoing a cosmetic refresh, adding future value. Ideal as an investment, primary residence, or vacation home, and just steps from the pier, dining, and conveniences, this condo has already demonstrated proven rental potential.

Panama City Beach

9900 S Thomas Drive UNIT 317

2 Beds

2 Baths

907 Sq.Ft.

$359,900

MLS#: 1001245

PRESALE. Beautiful new construction home with custom cabinetry, quartz countertops. All tile flooring throughout. Master bathroom will feature large tiled shower. All doors and windows cased and large covered back porch.

Baker

1509 Kais Street

4 Beds

2 Baths

2,094 Sq.Ft.

$403,300

MLS#: 1001195

Destin

10 Harbor Boulevard E210

3 Beds

3 Baths

1,580 Sq.Ft.

$650,000

MLS#: 1001213

Santa Rosa Beach

179 S County Highway 393 UNIT 313

2 Beds

2 Baths

1,224 Sq.Ft.

$635,000

MLS#: 1001242

Crestview

450 S Savage Street Lot 12

None Beds

None Baths

0.2 acres

$69,000

MLS#: 1001254

Navarre

9114 Deer Lane

4 Beds

2 Baths

2,040 Sq.Ft.

$495,000

MLS#: 1001121

Great house, three lots, and a whole lot of potential.

Charming and well-maintained, this 2-bedroom, 1-bath home is move-in ready and sits on a rare offering of three combined lots (Lots 4, 5, and 6, Block 40 of Oakwood Hills) - providing space, privacy, and exceptional potential. Positioned on the center lot, the home offers a comfortable layout with a bright living area, functional kitchen, and a clean interior that reflects pride of ownership. A wood-burning fireplace adds character and creates a warm focal point in the living space. What truly sets this property apart is the land. With two additional lots included, there is ample room to expand, build, or explore future possibilities. Whether you're looking for a primary residence, rental, or long-term investment, this property offers multiple paths. The setting is peaceful and relaxed, with a generous yard and a detached storage shed adding convenience and utility.

DeFuniak Springs

82 E Daisy Lane

3 Beds

1 Baths

975 Sq.Ft.

$139,990

MLS#: 1001158

Gulf Breeze

913 Gulf Breeze Parkway STE 15

None Beds

None Baths

N/A

$499,000

MLS#: 1001174

This 1.83 acres provides serene country living in an area which is currently expanding providing more homes and job opportunities with new distribution centers, such as Amazon. Examples of current recreation / water sports: King Lake, 3 springs in neighboring town PDL, and the white beaches from Pensacola to Port St Joe. Short drive to local entertainment, shopping, eateries, not to mention the interstate access to other entertainment and Military bases. Zoning is Rural Residential.1 unit per 2.5 acres The lot is raw , Seller has paid the water tap in fee, septic needed. See photos for information PER the GIS Map for soils, flood zone , which is X, zoning, topo, & wetlands. Seller is selling the land with house plans, paid septic permit , water tap fee paid, and survey. Property is being sold 'As-Is'. Buyer and Buyer's Agent to independently verify all pertinent property details, including but not limited to lot size, dimensions, zoning, building restrictions, and availability of utilities. Verification should also include the existence, access, and feasibility of utility connections in the area. Owner Financing available

DeFuniak Springs

Lot 3 Spring Hill Road

None Beds

None Baths

1.83 acres

$39,900

MLS#: 1001125

Experience true beachfront living in this fully renovated 3 bedroom, 2 bathroom condo located directly on Scenic Highway 98 in the heart of Destin.

Situated in a low density, three story building, this property offers a quieter, more private coastal experience with unobstructed Gulf views and easy beach access just steps away. Enjoy the convenience of elevator access, ample parking, and direct access to 2 heated pools, beachside grills, and beach service.

Located within walking distance to popular restaurants and cafés and adjacent to Henderson Beach State Park, this property combines beachfront privacy with convenient access to some of Destin's most desirable attractions. Positioned along a quieter stretch of Scenic Highway 98, it offers a more relaxed setting while still being close to everything.

Inside, the spacious two story layout features vaulted ceilings and comfortably sleeps up to 10 guests with 3 king sized beds, 2 twins, and a pull out couch. The condo has been fully renovated with an updated kitchen, newly painted interiors, smooth finished ceilings replacing the original popcorn texture, new flooring, remodeled bathrooms, and new hurricane impact glass doors, making it completely turnkey for personal use or rental.

This property shows strong rental performance with projected annual revenue of over $100,000 based on current bookings and repeat seasonal guests already booked into 2027 . During peak season, average nightly rates typically range from $850 to $1,154.

The building has successfully passed its structural milestone inspection and the HOA is well funded, providing added confidence and stability for future ownership.

Additional highlights include a new playground being developed nearby and scheduled exterior repainting of the building, which will further enhance the overall appearance and value of the property. The third floor location can also contribute to lower insurance costs compared to lower level units.

With its prime Scenic 98 location, full beachfront views, and proven rental demand, this is a rare opportunity to own a high performing coastal property in one of Destin's most sought after areas.

Destin

3184 E Scenic Highway 98 306A

3 Beds

2 Baths

1,072 Sq.Ft.

$799,000

MLS#: 1001150

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