Property summary
This exceptional investment opportunity presents a two-unit condominium located at 321 Bream Ave, Fort Walton Beach, FL 32548, within the gated Palm Court Yacht Club community on Okaloosa Island. Priced at $575,000, this property offers a combined 1,845 square feet of net rentable space, translating to a price per square foot of $312. Boasting stunning Intracoastal Waterway views from both balconies, each unit presents versatile options: owner occupancy, annual rentals, or lucrative vacation rentals. The property includes the largest boat slip in the community, situated in a no-wake zone and equipped with electricity, water, and a boat lift. Community amenities are extensive, encompassing a heated waterfront pool, hot tub, docks, BBQ area, secured covered parking, storage, and convenient boardwalk access to the beach. Recent upgrades include new appliances and flooring throughout both units, with one unit featuring a Murphy bed system. This turnkey investment is ideal for those seeking immediate cash flow and a prime location with easy access to dining and entertainment. Okaloosa County location provides a strong rental market.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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