1995 Devmor Ct Unit 5A, Fort Walton Beach, FL 32548

$254,900
: 1
BD
: 1
BA
: 704
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $254,900
Price Change: ▼ $5,000 1783374198
Days on Market: 38
MLS#: 1002934
Status: PENDING
Type: Condo
Subtype: Condominium
Bedrooms: 1
Bathrooms: 1
Full Bathrooms: 1
Living Area: 704
Neighborhood: Okaloosa Island

New Search

Property Description

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.

850-398-8745

Search All Properties

Additional Information