321 Bream Avenue UNIT 312 A/B, Fort Walton Beach FL 32548

Pending

$575,000

321 Bream Avenue UNIT 312 A/B, Fort Walton Beach, FL 32548

bedrooms

bathrooms

square feet

1,845

Acreage

0.0

Open Houses

year built

1999

Full Baths

Half Baths

Find out more

Step into this one-of-a-kind condo at the Palm Court Yacht Club! This condo features a 2-bedroom, 2-bath condo with a separate studio apartment outfitted with a Murphy-bed, it's own kitchen, full bathroom, and balcony — offering an extremely rare and versatile property for a diversity of investment opportunities, a perfect primary residence, or a mixture of both. Additionally, for boat lovers, this property includes a deeded deep water boat slip in a no wake zone equipped with electricity, fresh water, and a $19,000 boat lift, capable of handling boats up to 25,000 pounds, and 40-ft long. The units can be left separated, or easily connected with an interior lockout door, making it a 3-bedroom, 3-bath condo, or rent the studio separately from the existing 2-bedroom unit. Both units have potential usage as a primary residence, 2nd home, investment property, or a combination. Short term projected earnings are at $60,000 or more, ($25,000 annually for the studio, and $35,000-$40,000 projected for the 2-bedroom unit). Both residences have been recently updated. The 2-bedroom, 2-bath unit boasts new flooring and new high-end Bosch appliances. The studio has been updated with new stainless-steel appliances, new flooring, light fixtures, modern blinds, and more living-room space! Both condos come with their own private balconies, providing fantastic views and perfect spots to enjoy sunsets, fireworks, and the local boating scene. Located directly on the Intracoastal Waterway, this gated community also offers a heated waterfront pool, hot tub, grilling area, covered parking for owners, guest parking, and a dedicated storage unit. For beachgoers, Palm Court Yacht Club has a private boardwalk leading to the beach. Nearby popular restaurants such as The Gulf, AJ's Oyster Shanty, and Old Bay Steamer are within one block. Additionally, there is plenty of local shopping and entertainment on Okaloosa Island for all ages to enjoy with walking distance. Reach out today to schedule a private showing! Short Term Rental projections available upon request!

Location
Subdivision	Palm Court Yacht Club
County	Okaloosa
Elementary School	Mary Esther
Middle School	Bruner
High School	Fort Walton Beach

Driving directions

Open houses

None scheduled.

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MLS number: 962141

Listing agent: Ryan J Garofalo

Listing broker: Lpt Realty Llc (321) 439-7204

Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, February 11 2025 at 12:36 a.m. EST

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