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554 NW Coral Court , #303

Fort Walton Beach, FL 32548
  • $717,000
  • STATUS: Active
  • ON SITE: 154 Days
  • MLS #: 995066
UPDATED: 52 min ago
$717,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,453
    SQFT
  • $493
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1982
County:

School Information

Elementary School:
Middle School:
High School:

Description

Currently operating as the highly rated 'Island Paradise' vacation rental in Fort Walton Beach, this beautifully maintained condominium has earned outstanding Airbnb guest reviews for its unforgettable Gulf Coast experience. Imagine enjoying breakfast while watching dolphins play from the expansive 30-foot balcony, then ending each day with spectacular sunset views, moonrises, and starlit evenings overlooking the water. Inside, you'll find comfortable coastal-inspired living spaces adorned with beautiful artwork throughout. The primary suite features a newly renovated walk-in shower, while the guest bath offers a newly updated tub/shower combination. A spacious laundry room with a full-size washer and dryer provides added convenience for weekend vacationers, seasonal snowbirds, and full-time residents alike. Recent improvements include: • New air conditioning condenser (August 2025) • New refrigerator (April 2025) • New shower and tub surrounds in both bathrooms (2025) Community amenities include a fitness center, covered parking beneath the tennis courts, adult & children's swimming pools, BBQ and picnic areas, and beautifully maintained grounds. Residents & guests appreciate the peaceful atmosphere. Whether you're seeking a personal coastal retreat, a full-time residence, or a proven income-producing vacation rental, this exceptional property offers the best of Emerald Coast waterfront living. Investor note: Gross Rental Income June 2025 thru May 2026 exceeds $77,000. Air Conditioning condenser replaced August 2025. Refrigerator replaced April 2025 Both bathroom shower/tub inserts replaced 2025 Neighborhood quiet time is from 9 pm to 9am.

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or John Martin Group | Exp Realty LLC. Vendor Member number: 28178. Data last updated: 2026-07-16T21:01:01.73.
Vendor Member #28178.
www.johnmartin30a.com/homes/172970923
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554 NW Coral Court , #303 Fort Walton Beach, FL 32548

  • Price: $717,000
  • Status: Active
  • On Site: 154 Days
  • Updated: 52 min ago
  • MLS #: 995066
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,453
SQFT
$493
$/SQFT
1982
Built
Neighborhood:
Surf Dweller Condo
County:
Okaloosa
Area:
Fort Walton Beach
Elementary School:
Edwins
Middle School:
Bruner
High School:
Fort Walton Beach
Property Description
Currently operating as the highly rated 'Island Paradise' vacation rental in Fort Walton Beach, this beautifully maintained condominium has earned outstanding Airbnb guest reviews for its unforgettable Gulf Coast experience. Imagine enjoying breakfast while watching dolphins play from the expansive 30-foot balcony, then ending each day with spectacular sunset views, moonrises, and starlit evenings overlooking the water. Inside, you'll find comfortable coastal-inspired living spaces adorned with beautiful artwork throughout. The primary suite features a newly renovated walk-in shower, while the guest bath offers a newly updated tub/shower combination. A spacious laundry room with a full-size washer and dryer provides added convenience for weekend vacationers, seasonal snowbirds, and full-time residents alike. Recent improvements include: • New air conditioning condenser (August 2025) • New refrigerator (April 2025) • New shower and tub surrounds in both bathrooms (2025) Community amenities include a fitness center, covered parking beneath the tennis courts, adult & children's swimming pools, BBQ and picnic areas, and beautifully maintained grounds. Residents & guests appreciate the peaceful atmosphere. Whether you're seeking a personal coastal retreat, a full-time residence, or a proven income-producing vacation rental, this exceptional property offers the best of Emerald Coast waterfront living. Investor note: Gross Rental Income June 2025 thru May 2026 exceeds $77,000. Air Conditioning condenser replaced August 2025. Refrigerator replaced April 2025 Both bathroom shower/tub inserts replaced 2025 Neighborhood quiet time is from 9 pm to 9am.
Exterior Features

Architectural Style N/A Attached Garage YN No Carport YN Yes Construction Materials ConcreteStucco Door Features [] Driveway Spaces 2 Exterior BalconyHurricane ShuttersShower Exterior Features BalconyHurricane ShuttersOutdoor Shower Foundation Details [] Garage YN No Parking OtherCovered Parking Features OtherCovered Parking Total 2 Patio And Porch Features [] Pool Yes Pool Features [] Roof [] View Gulf/Pass Window Features Double Pane WindowsWindow Treatments

Interior Features

Appliance Info DishwasherDryerMicrowaveRefrigeratorSmoke DetectorStove/Oven ElectricWasherSmooth Stovetop Rnge Appliances DishwasherDryerMicrowaveRefrigeratorWasherElectric Water Heater Basement [] Bedroom Level First Cooling Central AirCeiling Fan(s) Cooling YN Yes Fireplace Features [] Flooring Tile Furnished Furnished Heating Central Heating YN Yes Interior Breakfast BarCeiling Crwn MoldingFloor TileFurnished - AllKitchen IslandOwner's ClosetPantryWasher/Dryer HookupWindow Treatment AllWoodwork Painted Interior Features Breakfast BarCrown MoldingKitchen IslandOwner's ClosetPantryWasher/Dryer HookupWoodwork Painted Kitchen Level First Living Room Level First Master Bed Bath MBath Dressing AreaMBath Shower OnlyMBath TileMBed BalconyMBed CarpetedMBed First FloorMBed Waterfront Master Bedroom Level First Rooms BedroomMaster BedroomDining AreaKitchenLaundryLiving Room Rooms Total 6 Stories In Unit 1 Unit Floors Above Ground 3

Property Features

Assessment Amount 3819.77 Assessment Paid Quarterly Association Fee Includes Maintenance GroundsInsuranceManagementRecreational FacltySewerCable TVTrashWaterInternet Association YN Yes Buyer Financing [] Community Features BBQ Pit/GrillBeachDumpsterElevatorsExercise RoomLeaseholdPicnic AreaPoolTennis Court(s)Pets AllowedShort Term Rental - Allowed Energy AC - Central ElectCeiling FansDouble Pane WindowsHeat Cntrl ElectricWater Heater - Elect Fees Include AccountingGround KeepingInsuranceManagementRecreational FacltySewerTV CableTrashWaterInternet Service Fencing [] Financing Conventional Green Energy Efficient [] Immediate Occupancy No Is Subject Leased No Lot Features [] New Construction YN No Number Of Units In Building 84 Number Of Units In Community 84 Other Equipment [] Other Structures [] Property Condition Construction Complete Property Sub Type Condominium Road Frontage Type [] Road Surface Type [] Security Features Smoke Detector(s) Special Listing Conditions [] Stories Total 7 Tax Annual Amount 6558.25 Tax Year 2025 Utilities [] Utility Info ElectricPublic SewerPublic WaterTV Cable Water Source Public Waterfront Features Gulf/PassShore - BeachWaterfront Waterfront YN Yes

Listing courtesy of RE/MAX Coastal Properties: 850-837-9900.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or John Martin Group | Exp Realty LLC. Vendor Member number: 28178. Data last updated: 2026-07-16T21:01:01.73.
Vendor Member #28178.
 
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