$425,000

Estimated payment $3,503/month

1 Bed
2 Baths
819 Sq Ft
$519 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Newly Painted Property
  • Fort Walton Beach High School Rated A
  • Fishing
  • 3-minute walk to The Boat Basin on Okaloosa Island

About This Home

The view says it all! Pelican Isle is one of the most sought-after Gulf-front resorts on Okaloosa Island. This beautifully updated 1BR/2BA unit with hallway bunks sleeps 6 comfortably. Unlike many units, this condo features a Murphy bed in the living room—far more comfortable than a traditional sleeper sofa. Sold fully furnished and rental-ready, the condo includes a 2024 water heater, 2022 HVAC, fresh paint, and a new couch. No carpet and no popcorn ceilings. Ideal as a vacation rental or second home.
Pelican Isle offers a gulf front pool (seasonally heated), hot tub, fitness room, BBQ area, and direct beach access. Convenient to the Boardwalk, dining, and local attractions.

Listing Agent

Marie Babin

RE/MAX by the Sea License #3364088 Listed on: 12/05/2025

RE/MAX by the Sea

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,025

Year Built

  • Built in 2002

HOA Fees

  • $855 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Concrete Siding

Interior Spaces

  • 819 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Built-In Bunk Beds
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Edwins Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-2183-0000-0317

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, licenses/permits, management, recreational faclty, security, sewer, water, cable TV, trash
  • Pelican Isle Subdivision
  • Handicap Modified Features In Community
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Beach
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,025

Year Built

Built in 2002

Lot Details

0

HOA Fees

$855 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PELICAN ISLE
  • Directions: 98 to Santa Rosa Blvd., West, Close to the end
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2002
  • Remarks Misc:Remarks: The view says it all! Pelican Isle is one of the most sought-after Gulf-front resorts on Okaloosa Island. This beautifully updated 1BR/2BA unit with hallway bunks sleeps 6 comfortably. Unlike many units, this condo features a Murphy bed in the living room—far more comfortable than a traditional sleeper sofa. Sold fully furnished and rental-ready, the condo includes a 2024 water heater, 2022 HVAC, fresh paint, and a new couch. No carpet and no popcorn ceilings. Ideal as a vacation rental or second home. Pelican Isle offers a gulf front pool (seasonally heated), hot tub, fitness room, BBQ area, and direct beach access. Convenient to the Boardwalk, dining, and local attractions.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Floor Laminate, Floor Tile
  • Interior Amenities: Breakfast Bar, Hallway Bunk Beds, Newly Painted, Washer/Dryer Hookup
  • Stories: 6
  • Window Features: Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Hallway Bunk Beds: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

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

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Security: Fire Alarm/Sprinkler
  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Dumpster, Elevators, Exercise Room, Fishing, Handicap Provisions, Pets Allowed, Picnic Area, Pool, TV Cable, Waterfront
  • Association #2 Fee: 855.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Licenses/Permits, Management, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-24-2183-0000-0317

Tax Info

  • Tax Annual Amount: 5025.48
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $4,804 $400,000 -- $400,000
2023 $4,804 $400,000 $0 $400,000
2022 $4,134 $315,000 $0 $315,000
2021 $3,796 $275,000 $0 $275,000
2020 $3,378 $255,000 $0 $255,000
2019 $3,262 $245,000 $0 $245,000
2018 $3,000 $215,000 $0 $0
2017 $2,885 $201,000 $0 $0
2016 $2,570 $183,000 $0 $0
2015 $2,653 $183,000 $0 $0
2014 $2,447 $168,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2025 12/05/25 For Sale $425,000 +93.2% $519 / Sq Ft
06/23/2019 06/23/19 Off Market $220,000 -- --
12/20/2013 12/20/13 Sold $220,000 0.0% $268 / Sq Ft View Prior Sale
12/07/2013 12/07/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $220,000 -- $268 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 Priority Title Of Nw Fl Inc
Warranty Deed $199,000 Stewart Title Company
Warranty Deed $405,000 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $290,245 Purchase Money Mortgage
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 990864

Emerald Coast Association of REALTORS®

APN: 00-2S-24-2183-0000-0317