1517 Miracle Strip Parkway 1, Fort Walton Beach, FL 32548 (MLS# 794791)

1517 Miracle Strip Parkway 1, Fort Walton Beach, FL 32548

New Listing

$749,900

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 981 Status: Active

Current Price: $749,900 List Date: 8/31/2026 Last Modified: 8/31/2026

Overview

Description

OnOne-of-a-kind Gulf-side penthouse villa with panoramic views, exceptional outdoor living and a strong rental history–now available at Destin West Beach & Bay Resort. Villa PH-01 is a beautifully renovated, top-floor corner residence featuring 10-foot ceilings, two walls of windows and abundant natural light. Enjoy unobstructed views of the Gulf of Mexico and Choctawhatchee Bay from the covered wraparound balcony and oversized private rooftop terrace, complete with a hot tub. Designed for effortless coastal living, the open-concept interior flows from a fully equipped kitchen into an inviting living area with direct balcony access. Furnishings include a queen sleeper sofa, breakfast-bar seating and a bistro dining table. Offered fully furnished and turnkey, the villa is ready for personal enjoyment or continued rental use. The spacious primary suite accommodates a king-size bed plus a daybed with trundle for additional guests. It also offers private balcony access and an en- … (Read more) OnOne-of-a-kind Gulf-side penthouse villa with panoramic views, exceptional outdoor living and a strong rental history–now available at Destin West Beach & Bay Resort. Villa PH-01 is a beautifully renovated, top-floor corner residence featuring 10-foot ceilings, two walls of windows and abundant natural light. Enjoy unobstructed views of the Gulf of Mexico and Choctawhatchee Bay from the covered wraparound balcony and oversized private rooftop terrace, complete with a hot tub. Designed for effortless coastal living, the open-concept interior flows from a fully equipped kitchen into an inviting living area with direct balcony access. Furnishings include a queen sleeper sofa, breakfast-bar seating and a bistro dining table. Offered fully furnished and turnkey, the villa is ready for personal enjoyment or continued rental use. The spacious primary suite accommodates a king-size bed plus a daybed with trundle for additional guests. It also offers private balcony access and an en-suite bathroom with a garden tub and separate walk-in shower. The villa has reportedly generated more than $70,000 in annual gross rental revenue while allowing approximately seven weeks of owner use per year, making it an attractive option for buyers seeking a vacation residence with income potential. Rental figures are historical, are not guaranteed and should be independently verified. Destin West offers an impressive collection of resort-style amenities across its Gulf-side and bayfront properties. A pedestrian skybridge over Highway 98 provides convenient access between the beach and bay sides of the resort. Amenities include: Seven swimming pools, including seasonally heated pools 5,000-square-foot lagoon-style pool 700-foot zero-entry lazy river Bayfront waterfall pool Gulf-side villa pool and children’s pool Multiple hot tubs Large on-site fitness center Full-service beach rentals Bayfront marina and dock Charcoal grilling stations and picnic areas Accessible boardwalk to the beach Children’s play area Covered parking On-site management Located on Okaloosa Island beside The Boardwalk, Destin West places dining, shopping and seasonal beachfront entertainment close at hand. Destin’s HarborWalk Village is approximately four miles away, offering additional restaurants, boating excursions, shopping and entertainment. Whether enjoyed as a private coastal retreat, vacation rental or combination of both, Villa PH-01 presents a rare opportunity to own a renovated Gulf-side penthouse with expansive outdoor living and exceptional resort amenities.

Listing Details MLS# 794791

Contract Info

List Price/SqFt: 764.42

Location

Area: 17 – Okaloosa
Street #: 1517
Street Name: Miracle Strip
Street Suffix: Parkway
Unit #: Yes
State: FL
Zip Code: 32548
County: Okaloosa
Sub Area: 1701 – Okaloosa – Fort Walton Beach
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 00-2S-24-1110-0000-PH01
Elementary School: Other
Middle School: Other
High School: Other
Directions: Highway 98 to Okaloosa Island. Located on the Gulf Side of the Highway. 6th floor
Legal Description: GULF SIDE VILLAS @ DESTIN WEST PH01

General Property Info

Sub-Type: Condominium
Floor Number: 6
Design: Mid-Rise (4-7 floors)
Apx SqFt(Htd/Cooled): 981
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
Accessory Dwelling Unit: No
Year Built: 2006
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Covered Spaces: 2
Lot Dimensions: 0x0x0
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

Homestead: No
HOA Fee: Yes
HOA Amount: 4600
HOA Frequency: Quarterly
HOA Annual Amount: 18400
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 6230.34
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes

Remarks & Misc

Remarks: OnOne-of-a-kind Gulf-side penthouse villa with panoramic views, exceptional outdoor living and a strong rental history–now available at Destin West Beach & Bay Resort. Villa PH-01 is a beautifully renovated, top-floor corner residence featuring 10-foot ceilings, two walls of windows and abundant natural light. Enjoy unobstructed views of the Gulf of Mexico and Choctawhatchee Bay from the covered wraparound balcony and oversized private rooftop terrace, complete with a hot tub. Designed for effortless coastal living, the open-concept interior flows from a fully equipped kitchen into an inviting living area with direct balcony access. Furnishings include a queen sleeper sofa, breakfast-bar seating and a bistro dining table. Offered fully furnished and turnkey, the villa is ready for personal enjoyment or continued rental use. The spacious primary suite accommodates a king-size bed plus a daybed with trundle for additional guests. It also offers private balcony access and an en-suite bathroom with a garden tub and separate walk-in shower. The villa has reportedly generated more than $70,000 in annual gross rental revenue while allowing approximately seven weeks of owner use per year, making it an attractive option for buyers seeking a vacation residence with income potential. Rental figures are historical, are not guaranteed and should be independently verified. Destin West offers an impressive collection of resort-style amenities across its Gulf-side and bayfront properties. A pedestrian skybridge over Highway 98 provides convenient access between the beach and bay sides of the resort. Amenities include: Seven swimming pools, including seasonally heated pools 5,000-square-foot lagoon-style pool 700-foot zero-entry lazy river Bayfront waterfall pool Gulf-side villa pool and children's pool Multiple hot tubs Large on-site fitness center Full-service beach rentals Bayfront marina and dock Charcoal grilling stations and picnic areas Accessible boardwalk to the beach Children's play area Covered parking On-site management Located on Okaloosa Island beside The Boardwalk, Destin West places dining, shopping and seasonal beachfront entertainment close at hand. Destin's HarborWalk Village is approximately four miles away, offering additional restaurants, boating excursions, shopping and entertainment. Whether enjoyed as a private coastal retreat, vacation rental or combination of both, Villa PH-01 presents a rare opportunity to own a renovated Gulf-side penthouse with expansive outdoor living and exceptional resort amenities.

Balcony

First: Yes
Second: Yes

More Information

Bunk Room

First: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Electric: Yes

Construction/Siding

Concrete: Yes
Siding – Stucco: Yes

Exterior

Patio Covered: Yes
Patio Open: Yes
Porch Covered: Yes
Porch Open: Yes

Waterfront Feature

Dock: Yes

Association Fees Include

Accounting: Yes
Dumpster: Yes
Ground Keeping: Yes
Insurance: Yes
Internet Service: Yes
Master Association: Yes
Sewer: Yes
Trash Disposal: Yes
TV Cable: Yes
Water: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Kitchen

First: Yes

Association Amenities

BBQ Pit/Grill: Yes
Dock: Yes
Exercise Room: Yes
Pool: Yes
Water Park: Yes
Whirlpool: Yes

Rooms

Balcony: Yes
Bunk Room: Yes
Full Bathroom: Yes
Kitchen: Yes
Primary Bathroom: Yes
Primary Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Garbage: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes
Intercoastal Waterwy: Yes

Sale Type

As Is: Yes

Full Bathroom

First: Yes

Waterfront Type

Gulf: Yes
Intracoastal Waterway: Yes

Primary Bedroom

First: Yes

Cooling

Electric: Yes

Heating

Electric: Yes

Primary Bdrm/Primary Bath

MBath Double Vanity: Yes
MBath Separate Shwr: Yes
MBath Tub – Soaking: Yes

Primary Bathroom

First: Yes

Security Features

Fire Alarm: Yes
Fire Sprinkler System: Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Range – Electric; Refrigerator; Washer; Water Heater – Electric Full Bathroom: First Primary Bedroom: First Cooling: Electric Heating: Electric Exterior: Patio Covered; Patio Open; Porch Covered; Porch Open Association Fees Include: Accounting; TV Cable; Dumpster; Insurance; Internet Service; Ground Keeping; Master Association; Sewer; Trash Disposal; Water Financing: Cash; Conventional Furnished: Furnished Kitchen: First Balcony: First; Second Bunk Room: First Primary Bathroom: First Security Features: Fire Alarm; Fire Sprinkler System Association Amenities: BBQ Pit/Grill; Dock; Exercise Room; Pool; Whirlpool; Water Park Rooms: Balcony; Bunk Room; Full Bathroom; Kitchen; Primary Bathroom; Primary Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Garbage; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Gulf; Intracoastal Waterway Waterfront Feature: Dock Waterview: Gulf; Intercoastal Waterwy

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Balcony	Second	50 x 11	50.00	11.00	Covered
Balcony	First	35 x 35	35.00	35.00	TBDroof top private entrance
Kitchen	First	14 x 10	14.00	10.00	TBD
Bunk Room	First	8 x 7	8.00	7.00	TBD
Full Bathroom	First	9 x 7	9.00	7.00	TBD
Primary Bedroom	First	15 x 14	15.00	14.00	TBD
Primary Bathroom	First	9 x 7	9.00	7.00

Listing Office: Realty Mark Associates

Last Updated: August – 31 – 2026

Information deemed reliable but not guaranteed.