1995 Devmor CT #5A Fort Walton Beach, FL 32548
1 Bed
1 Bath
704 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 704 sqft
Price per Sqft $362
Subdivision Sunset Cottages Condo
MLS Listing ID 1002934
Bedrooms 1
Full Baths 1
HOA Fees $768/mo
HOA Y/N Yes
Year Built 2000
Annual Tax Amount $3,381
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 704
Property Description
The interior features an efficient, open-concept floor plan that maximizes space and natural light across the living, dining, and kitchen areas. The primary bedroom is spacious and includes a private entrance. Additional accommodations include hallway bunk beds, and the unit is serviced by a bathroom accessible from both the bedroom and common areas.
This turnkey property is being sold fully furnished and offers a demonstrated track record of strong rental performance. The unit generated $27,700 in gross rental income in 2024 and $32,568 in 2025. Performance for 2026 shows $11,536 in income realized through May 17, with an additional $20,000 already booked for the remainder of the year. With HOA fees under $800 per month, this condominium presents a compelling value proposition for investors seeking a high-performing, turnkey beach property.
Location
State FL
County Okaloosa
Community Short Term Rental - Allowed, Bbq Pit/Grill, Dumpster, Pets Allowed, Pool, Tv Cable
Area 12 - Fort Walton Beach
Direction FROM HWY 98 TURN SOUTH ONTO SANTA ROSA BLVD, GO TO SUNSET COTTAGES (NEXT TO PELICAN ISLE), FIRST FLOOR UNIT Legal Description: SUNSET COTTAGE CONDO UNIT 5A
Rooms
Kitchen true
Interior
Interior Features Hallway Bunk Beds, Owner's Closet
Heating Central
Cooling Central Air
Flooring Floor Tile, Floor WW Carpet
Furnishings Furnished - All
Appliance Dishwasher, Dryer, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior
Exterior Feature Balcony, Shower, In-Ground Pool, Outdoor Shower, Balcony
Pool Pool - In-Ground, Pool Type
Community Features Short Term Rental - Allowed, BBQ Pit/Grill, Dumpster, Pets Allowed, Pool, TV Cable
Utilities Available Community Water, Electric, Phone, TV Cable
Roof Type Composite Shingle
Garage No
Building
Faces FROM HWY 98 TURN SOUTH ONTO SANTA ROSA BLVD, GO TO SUNSET COTTAGES (NEXT TO PELICAN ISLE), FIRST FLOOR UNIT Legal Description: SUNSET COTTAGE CONDO UNIT 5A
Foundation Slab
Sewer Community Sewer
New Construction No
Schools
Elementary Schools Elliott Point
Middle Schools Bruner
High Schools Fort Walton Beach
Others
Pets Allowed No
HOA Fee Include Insurance, Management, Master Association, Sewer, TV Cable, Trash, Water
Tax ID 00-2S-24-1645-0000-005A
Special Listing Condition Accept Backup Offers
Nearby Locations