Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Realty

Property view
Listing view 2
Listing view 3

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

$749,900


2

Beds


2

Baths


981

Sq Ft


Condo

Active

Listed by

Billy M Richard

Realty Mark Associates

Last updated:

October 30, 2026, 04:11 PM

MLS#

794791

Source:

FL BCMLS

About This Home

1517 Miracle Strip Parkway #1

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.

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 2006

Subdivision & Development:

[No Recorded Subdiv]

Price Summary

749,900

$764 per Sq. Ft.

MLS #:

794791

Last Updated:

October 30, 2026, 04:11 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

981 Sq. Ft.


Structure

Structure

Architectural Style:

Mid Rise

Building Area:

981 Sq. Ft.

Year Built:

2006


Finances & Disclosures

Finances

Price:

$749,900

Price per Sq. Ft:

$764 per Sq. Ft.

Source:FL BCMLS
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. Realty Mark Associates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Realty Mark Associates, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.