1330 SE Miracle Strip Parkway Parkway 204, Fort Walton Beach, FL 32548 (MLS# 977330)

Sold Price/SqFt: 314.29

Status: Sold

Under Contract Date: 2025-09-08

Sold Date: 2025-09-26

Sold Price: $220,000

Listing Board: Navarre

List Price/SqFt: 342.14

List Date: 2025-05-23

Current Price: $220,000

List Price: $239,500

Unit #: 204

Sub Area: 1201 - Okaloosa Island

Elementary School: Elliott Point

Middle School: Bruner

High School: Fort Walton Beach

Legal Description: HERMITAGE CONDO UNIT 204

Sub-Type: Condominium

Design: N/A

SqFt Source: County PA Records

Stories In Unit: 1

Unit Floors Above Ground: 2

Garage: No

Carport: No

Pool: Yes

Pool Type: Community

Apx SqFt(Htd/Cooled): 700

Bedrooms: 2

Full Baths: 2

Total Bathrooms: 2

Year Built: 1983

Is Subject Leased: Yes

Assessment Fees: Yes

Rent/Mo: 2220

Assessment Amount: 1418.66

Lease Expiration Dt: 2025-08-30

Annual Assessment Amount: 17023.92

Assessment Paid: Monthly

New Buyer Fee: Yes

New Buyer Fee Amt: 200

New Buyer Fee Paid: $

Last Taxes: 2969.69

Last Tax Year: 2024

Brokerage Interest: No Interest

As Is: Yes

Remarks: Exceptional bayfront investment opportunity at 1330 Miracle Strip Parkway SE, Unit 204, Fort Walton Beach, FL in the gated Hermitage by the Bay community. This two-bedroom, two-bath waterfront condo offers outstanding value compared to nearby units often priced above $650,000. Located in a peaceful, secure community featuring a private fishing pier, gated pool, outdoor grilling areas, and ample guest and trailer parking. Just a short walk or drive to sugar-white beaches, The Boardwalk, family attractions, and popular waterfront restaurants. Currently generating $26,400 annually through long-term rental (lease through August 31, 2025) with short-term rental projections reaching $51,000+ annually based on neighboring unit performance.

Construction Complete: 1

Bay: 1

BBQ Pit/Grill: 1

Dock: 1

Dumpster: 1

Fishing: 1

Picnic Area: 1

Pool: 1

Short Term Rental - Allowed: 1

Waterfront: 1

Roof Metal: 1

Siding Shake: 1

Public Sewer: 1

Public Water: 1

Balcony: 1

Pool - In-Ground: 1

Qualify Required: 1

Floor Tile: 1

Conventional: 1

FHA: 1

VA: 1

Microwave: 1

Refrigerator: 1

Smoke Detector: 1

Stove/Oven Electric: 1

AC - Central Elect: 1

Ceiling Fans: 1

Heat Cntrl Electric: 1

Water Heater - Elect: 1

First: 1

First: 1

First: 1

Bedroom: 1

Kitchen: 1

Living Room: 1

Master Bathroom: 1

Accounting: 1

Ground Keeping: 1

Sewer: 1

Trash: 1

Water: 1

Area: 12 - Fort Walton Beach

Street #: 1330

Street Direction: SE

Street Name: Miracle Strip Parkway

Street Suffix: Parkway

State: FL

Zip Code: 32548

County: Okaloosa

Project Name/Subdivision: HERMITAGE CONDOMINIUM

Parcel ID: 00-2s-24-0481-0000-2040