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- Property Details
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- HOA Management
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Street View
$749,900
Monthly Est:$3,733
2 Beds
- 2 Baths
2 full baths
981sqft
1517 Miracle Strip Pkwy #1, Fort Walton Beach, FL 32548
$749,900
$3,733/moEst:
Get Pre-Approved
Condominium
Built in 2006
$1,533.33/mo HOA
-- sqft lot
$764/sq.ft
Description
OnOne-of-a-kind Gulf-side penthouse villa with panoramic views, exceptional outdoor living and a strong rental history--now available at Destin West Beach & Bay Resort.
Villa PH-01 is a beautifully renovated, top-floor corner residence featuring 10-foot ceilings, two walls of windows and abundant natural light. Enjoy unobstructed views of the Gulf of Mexico and Choctawhatchee Bay from the covered wraparound balcony and oversized private rooftop terrace, complete with a hot tub.
Designed for effortless coastal living, the open-concept interior flows from a fully equipped kitchen into an inviting living area with direct balcony access. Furnishings include a queen sleeper sofa, breakfast-bar seating and a bistro dining table. Offered fully furnished and turnkey, the villa is ready for personal enjoyment or continued rental use.
The spacious primary suite accommodates a king-size bed plus a daybed with trundle for additional guests. It also offers private balcony access and an en-suite bathroom with a garden tub and separate walk-in shower.
The villa has reportedly generated more than $70,000 in annual gross rental revenue while allowing approximately seven weeks of owner use per year, making it an attractive option for buyers seeking a vacation residence with income potential. Rental figures are historical, are not guaranteed and should be independently verified.
Destin West offers an impressive collection of resort-style amenities across its Gulf-side and bayfront properties. A pedestrian skybridge over Highway 98 provides convenient access between the beach and bay sides of the resort. Amenities include:
Seven swimming pools, including seasonally heated pools
5,000-square-foot lagoon-style pool
700-foot zero-entry lazy river
Bayfront waterfall pool
Gulf-side villa pool and children's pool
Multiple hot tubs
Large on-site fitness center
Full-service beach rentals
Bayfront marina and dock
Charcoal grilling stations and picnic areas
Accessible boardwalk to the beach
Children's play area
Covered parking
On-site management
Located on Okaloosa Island beside The Boardwalk, Destin West places dining, shopping and seasonal beachfront entertainment close at hand. Destin's HarborWalk Village is approximately four miles away, offering additional restaurants, boating excursions, shopping and entertainment.
Whether enjoyed as a private coastal retreat, vacation rental or combination of both, Villa PH-01 presents a rare opportunity to own a renovated Gulf-side penthouse with expansive outdoor living and exceptional resort amenities.
- Houzeo last checked: 9 hours ago
- Listing updated: August 31, 2026 at 4:53 pm
- Listing Provided by: Billy M Richard DRE #SL3296688 | Realty Mark Associates (561) 245-5400
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 794791

This condo is in:
Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
--
Year Built
2006
HOA Fees
$1533.33/mo
Finished Area
981 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
794791
MLS Status
Active
Days on Market
52

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Location
HOA Management
N/A
HOA Fees
$4,600/ Quarterly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Trash Pickup
Maintenance
Water
Cable TV
Internet
Insurance
Sewer
LegalAccounting
AssociationManagement
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
PrimaryBathroom
Level: First
Area: 63.00 Square Feet
Dimensions: 9 x 7
PrimaryBedroom
Level: First
Area: 210.00 Square Feet
Dimensions: 15 x 14
FullBath
Level: First
Area: 63.00 Square Feet
Dimensions: 9 x 7
Kitchen
Level: First
Area: 140.00 Square Feet
Dimensions: 14 x 10
Other
Level: First
Area: 1225.00 Square Feet
Dimensions: 35 x 35
Other
Level: Second
Area: 550.00 Square Feet
Dimensions: 50 x 11
Interior
Interior Features
Double Vanity, Main Level Primary, Soaking Tub, Separate Shower
Appliances
Electric Range, Electric Water Heater
Sewer
Public Sewer
Exterior Features
Dock, Patio
Heating
Electric
Construction
Year Built
Year Built: 2006
Home type
Condominium
Architectural Style
Mid Rise
Construction Materials
Concrete, Stucco
Utilities & Energy
Utilities
Cable Connected, Electricity Available, High Speed Internet Available
Pool Features
Community
Security Features
Fire Sprinkler System, Fire Alarm
Other Features
Subdivision Name
[no Recorded Subdiv]
Community Features
Barbecue, Dock, Fitness Center, Pool, Community Pool, Short Term Rental Allowed
Patio And Porch Features
Balcony, Covered, Open, Patio, Porch
Price History
| Date | Event | Price |
|---|---|---|
08/31/2026 Source: | Listed for Sale | $749,900 $764/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 22, 2026, 03:45PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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