1517 Miracle Strip Parkway Unit 1, Fort Walton Beach, FL 32548

Property 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.