Features & Amenities

Interior

  • Total Bedrooms

    1

  • Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Other Exterior Features

    Balcony, Outdoor Shower

  • Pool

    Yes

  • Pool Features

    In Ground

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    N/A

Price

  • Sales Price

    $254,900

  • Tax Amount

    $3,381.01

  • Sq. Footage

    704

  • Price/SqFt

    $362

HOA

  • Association

    YES

  • Association Fee

    $768.52

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Elliott Point

  • Middle School

    Bruner

  • High School

    Fort Walton Beach

Property Features

  • Stories

    4

  • New Construction

    NO

  • Foundation Details

    Slab

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Location

County

Okaloosa

Elementary School

Elliott Point

Middle School

Bruner

High School

Fort Walton Beach

Listing Courtesy of Shawn A Dunne , Berkshire Hathaway Home Services PenFed Realty

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Presenting a prime investment opportunity at Sunset Cottages 5A, a ground-floor condominium situated on Okaloosa Island in the Florida Panhandle. Located just 150 feet from public beach access, this property offers a desirable coastal location within a low-density complex, ensuring a quiet environment and convenient access to the community pool.

The interior features an efficient, open-concept floor plan that maximizes space and natural light across the living, dining, and kitchen areas. The primary bedroom is spacious and includes a private entrance. Additional accommodations include hallway bunk beds, and the unit is serviced by a bathroom accessible from both the bedroom and common areas.

This turnkey property is being sold fully furnished and offers a demonstrated track record of strong rental performance. The unit generated $27,700 in gross rental income in 2024 and $32,568 in 2025. Performance for 2026 shows $11,536 in income realized through May 17, with an additional $20,000 already booked for the remainder of the year. With HOA fees under $800 per month, this condominium presents a compelling value proposition for investors seeking a high-performing, turnkey beach property.

1995 Devmor Court 5A

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