$512,000
SOLD MAY 16, 2025
1 Bed
1.5 Baths
855 Sq Ft
$1,200/mo HOA Fee

Recently Sold

$599 Per Sq Ft

0 Day on Market

Highlights

  • Property fronts gulf or ocean
  • Fishing
  • Furnished
  • Fort Walton Beach High School Rated A
  • Main Floor Primary Bedroom
  • Walk-In Pantry

About This Home

As of May 2025

RARE OPPORTUNITY! Tranquility at its best-- Live, play, rent.Experience beachfront luxury and exceptional investment potential at this newly remodeled, sixth-floor Gulf-front condo in the prestigious Nautilus condominium on Fort Walton Beach's Okaloosa Island. This unit has been enjoyed by the same family since 1990.This well-established vacation rental has a proven track record, generating impressive gross rental income of over $59,000 annually for the last two years. Onsite rental management and staff provides a professional and personal touch.Meticulously redesigned with a brand-new kitchen featuring a custom tile backsplash, under-cabinet lighting, and soft-close cabinets, as well as exquisite new LVP flooring in the bedroom and bathrooms.

Last Agent to Sell the Property

Eric Christen

REV Realty License #3397767 Listed on: 05/16/2025

Last Buyer's Agent

Eric Christen

REV Realty License #3397767 Listed on: 05/16/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,312

Year Built

  • Built in 1985

Lot Details

  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway

HOA Fees

  • $1,200 Monthly HOA Fees

Home Design

  • Mirrored Walls
  • Concrete Siding

Interior Spaces

  • 855 Sq Ft Home
  • Furnished
  • Recessed Lighting
  • Living Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-173A-0000-1605

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, master, sewer, water, cable TV, trash
  • Nautilus Condo Subdivision
  • 7-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,312

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: NAUTILUS CONDO
  • Directions: GPS directions are accurate. From Okaloosa Island traveling west on Santa Rosa Blvd, Nautilus Condo will be on the left / south side about 1 mile west of Hwy 98 intersection. Park and take central elevator to the 6th floor. Take a left and 1605 is just around the corner.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1985
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Waterfront:Intracoastal Wtrwy: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Microwave, Oven Self Cleaning, Water Heater - Elect
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Floor Laminate, Floor Tile
  • Interior Amenities: Breakfast Bar, Lighting Recessed, Owner's Closet, Pantry, Walls Mirrored, Washer/Dryer Hookup
  • Stories: 7
  • Interior:WasherDryer Hookup: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Floor Laminate: Yes
  • Interior:Walls Mirrored: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Intracoastal Wtrwy, Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Property Condition: Renovated, Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Elevators, Fishing, TV Cable, Waterfront
  • Association #2 Fee: 3600.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Master Association, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-24-173A-0000-1605
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4312.22
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2015
Sold by
Bauer Arnold G and Bauer Shirley M
Bought by
Walton Patricia L
Current Estimated Value
$481,922
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $512,000 0.0% $599 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $512,000 -- $599 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

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 $4,113 $375,000 -- $375,000
2023 $4,113 $370,000 $0 $370,000
2022 $3,516 $290,000 $0 $290,000
2021 $3,152 $240,000 $0 $240,000
2020 $2,707 $210,000 $0 $210,000
2019 $2,640 $210,000 $0 $210,000
2018 $2,303 $165,000 $0 $0
2017 $2,325 $162,000 $0 $0
2016 $2,233 $159,000 $0 $0
2015 $2,305 $159,000 $0 $0
2014 $2,316 $159,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 976492

Emerald Coast Association of REALTORS®

APN: 00-2S-24-173A-0000-1605