Fort Walton Beach - Beach Property For Sale #6969862

Welcome to Commodores Landing, a low-rise waterfront condo offering a quiet, relaxed lifestyle on Okaloosa Island. An established, turnkey-ready property boasting approximately $65,000 in gross rental income for 2024, this condo blends lifestyle and investment potential. The updated interior features water views and a functional layout ideal for a primary residence, second home, or vacation rental. The main living level opens to a balcony overlooking the waterway. Upstairs includes two bedrooms, plus a rare third-floor bunk room that functions as a true third bedroom, offering privacy and flexibility. Located just 0.3 miles (approx. 5-minute walk) to beach access, with furniture included. An exceptional bonus is on-site dock boat storage available for approximately $40 per month.