$239,500
$130K PRICE DROP

Destin West Beach & Bay Resort 1330 Miracle Strip Pkwy SE Unit 204 Fort Walton Beach, FL 32548

Estimated payment $1,550/month

Total Views 5,256
2 Beds
2 Baths
700 Sq Ft
$342 Price per Sq Ft

Highlights

  • Waterfront Community
  • Boat Dock
  • Fishing
  • Fort Walton Beach High School Rated A
  • In Ground Pool
  • 3-minute walk to Fort Walton Beach Park

About This Home

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.

Listing Agent

Jen Payne

AMERICAN REALTY OF FLORIDA LLC License #SL3525998 Listed on: 05/23/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1983

Home Design

  • Metal Roof
  • Shake Siding

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Tile Flooring

Kitchen

  • Electric Oven
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool

Schools

  • Elliott Point Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2s-24-0481-0000-2040

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include accounting, ground keeping, sewer, trash, water
  • Rdf Association, Phone Number (850) 243-2109
  • Hermitage Condominium Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Fishing

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,970

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Design: N/A
  • Legal Description: HERMITAGE CONDO UNIT 204
  • List Type: Exclusive Right of Sale
  • Project Facilities: BBQ Pit/Grill, Dock, Dumpster, Fishing, Picnic Area, Pool, Short Term Rental - Allowed, Waterfront
  • Stories In Unit: 1
  • Units Above Ground: 2.00
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Appliances: Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric
  • Interior Amenities: Floor Tile
  • Bedroom Location: First
  • Lower Floor 1 Bedrooms: 2
  • Total Bathrooms: 2.00
  • Living Room: First
  • Estimated Heated Cooled Sq Ft: 700.00
  • Dining Kitchen: First

Exterior Features

  • Pool Type: Community
  • Construction Siding: Roof Metal, Siding Shake
  • New Construction: Construction Complete
  • Exterior: Balcony, Pool - In-Ground
  • Pool: Yes
  • Water View: Bay

Garage/Parking

  • Carport: No
  • Garage Spaces: No

Utilities

  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Management Company: RDF
  • Association Management Contact: 850.243.2109
  • Fees Include: Accounting, Ground Keeping, Sewer, Trash, Water

Fee Information

  • Assessment Fees: Yes
  • New Buyer Fee: Yes
  • New Buyer Fee Amt: 200.0000
  • New Buyer Fee Paid: $

Schools

  • Elementary School: Elliott Point
  • Middle School: Bruner
  • High School: Fort Walton Beach

Lot Info

  • Assessment Amount: 1418.66
  • Assessor Parcel Number: 00-2s-24-0481-0000-2040

Green Features

  • Energy Efficiency: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Rental Info

  • Is Subject Leased: Yes
  • Lease Expiration Dt: 2025-08-30
  • Monthly Rent: 2220.0000

Tax Info

  • Last Taxes: 2969.69
  • Last Tax Year: 2024
  • Annual Assessment Amount: 17023.92

Multi Family

  • Occupancy Status: Occupied

MLS Schools

  • Elementary School: Elliott Point
  • High School: Fort Walton Beach
  • Middle School: Bruner

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,974 $275,000 -- $275,000
2023 $2,974 $275,000 $0 $275,000
2022 $2,573 $222,000 $0 $222,000
2021 $2,254 $175,000 $0 $175,000
2020 $1,921 $150,500 $0 $150,500
2019 $1,843 $145,500 $0 $145,500
2018 $1,743 $135,500 $0 $0
2017 $1,514 $105,500 $0 $0
2016 $1,482 $105,500 $0 $0
2015 $1,529 $105,500 $0 $0
2014 $1,486 $102,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $2,120 0.0% $3 / Sq Ft
08/19/2025 08/19/25 Price Changed $239,500 -31.1% $342 / Sq Ft
07/27/2025 07/27/25 Price Changed $347,500 0.0% $496 / Sq Ft
07/25/2025 07/25/25 For Rent $2,280 0.0% --
05/23/2025 05/23/25 For Sale $369,000 0.0% $527 / Sq Ft
11/13/2018 11/13/18 Off Market $1,300 -- --
11/13/2018 11/13/18 Off Market $1,200 -- --
11/13/2018 11/13/18 Off Market $1,300 -- --
02/04/2018 02/04/18 Off Market $1,325 -- --
06/27/2016 06/27/16 Rented $1,300 0.0% --
06/27/2016 06/27/16 Under Contract -- -- --
05/20/2016 05/20/16 For Rent $1,300 +8.3% --
10/19/2015 10/19/15 Rented $1,200 0.0% --
10/19/2015 10/19/15 Under Contract -- -- --
08/31/2015 08/31/15 For Rent $1,200 -7.7% --
08/28/2015 08/28/15 Rented $1,300 0.0% --
08/28/2015 08/28/15 Under Contract -- -- --
07/21/2015 07/21/15 For Rent $1,300 -1.9% --
02/02/2015 02/02/15 Rented $1,325 0.0% --
01/30/2015 01/30/15 Under Contract -- -- --
08/17/2014 08/17/14 For Rent $1,325 -- --
Source: Navarre Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Deed Of Distribution $100 None Listed On Document
Special Warranty Deed $122,000 Multiple
Trustee Deed $75,100 Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,090,000 Commercial
Previous Owner $144,000 Unknown
Previous Owner $18,270 Unknown
Source: Public Records

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Source: Navarre Area Board of REALTORS®

MLS Number: 977330

Navarre Area Board of REALTORS®

APN: 00-2S-24-0481-0000-2040