321 Bream Avenue 604, Fort Walton Beach, FL 32548 (MLS# 990430)

321 Bream Avenue 604, Fort Walton Beach, FL 32548

$485,000

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Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,089 Status: Active

Current Price: $485,000 List Date: 11/27/2025 Last Modified: 1/03/2026

Description

Prime short-term rental opportunity on Okaloosa Island! This penthouse, top-floor condo features 10 ft. ceilings and truly unbeatable proximity to the best of Northwest Florida just minutes to the white-sand beaches, waterfront dining, boutique shopping, and entertainment in both Downtown Fort Walton Beach and Destin. Whether for personal escape or as a high-performing STR, this location is hard to match. Located in a gated community, this property includes 2 covered assigned parking spots 39 & 40, owner storage lockers in the parking garage, and impressive amenities: a community pool & hot tub and a 25' boat slip (#19) with a lift.

Supplements: Enjoy panoramic views of the Intracoastal Waterway from the spacious balcony, accessible through a large glass sliding door that fills the living space with natural light. Inside, the unit offers tile flooring throughout, crown molding, and an open layout ideal for hosting guests. The kitchen features a convenient breakfast bar, a white enamel dual-basin sink, and plenty of cabinet and countertop space. The primary bedroom has a large picture window overlooking the water, a ceiling fan, and an ensuite bathroom complete with a glass-tiled walk-in shower with built-in seat. Additional conveniences include a full-size washer and dryer in the unit. Whether you're looking to capitalize on Okaloosa Island's thriving vacation-rental market or secure your own waterfront retreat, this penthouse unit checks all the boxes.

More Information MLS# 990430

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 445.36 List Date: 2025-11-27 Current Price: $485,000 List Price: $485,000

Location, Tax and Legal

Unit #: 604 Sub Area: 1201 - Okaloosa Island Elementary School: Elliott Point Middle School: Bruner High School: Fort Walton Beach Legal Description: PALM COURT YACHT CLUB CONDO UNIT 604

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: County PA Records Stories In Unit: 1 Unit Floors Above Ground: 6 Immediate Occupancy: Yes Garage: No Carport: No Covered Spaces: 2 Assigned Spaces: 2 Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 1089 Bedrooms: 2 Full Baths: 2 Total Bathrooms: 2 Year Built: 1999

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 773.1 Annual Assessment Amount: 9277.2 Assessment Paid: Monthly New Buyer Fee: No Last Taxes: 5151.44 Last Tax Year: 2024 Brokerage Interest: Owner Outside Licensee - Owner is a licensed real estate broker or salesperson. As Is: No

Remarks & Misc

Remarks: Prime short-term rental opportunity on Okaloosa Island! This penthouse, top-floor condo features 10 ft. ceilings and truly unbeatable proximity to the best of Northwest Florida just minutes to the white-sand beaches, waterfront dining, boutique shopping, and entertainment in both Downtown Fort Walton Beach and Destin. Whether for personal escape or as a high-performing STR, this location is hard to match. Located in a gated community, this property includes 2 covered assigned parking spots 39 & 40, owner storage lockers in the parking garage, and impressive amenities: a community pool & hot tub and a 25' boat slip (#19) with a lift.

Waterfront

Bay: 1 Intracoastal Wtrwy: 1

Construction Status

Construction Complete: 1

Waterview

Bay: 1 Intracoastal Waterwy: 1

Project Facilities

Community Room: 1 Dock: 1 Elevators: 1 Gated Community: 1 Pool: 1 Short Term Rental - Allowed: 1 Waterfront: 1

Construction/Siding

Concrete: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Exterior

Balcony: 1 Boat Slip: 1 Boatlift: 1

Interior

Breakfast Bar: 1 Ceiling Crwn Molding: 1 Floor Tile: 1 Furnished - All: 1 Owner's Closet: 1 Washer/Dryer Hookup: 1

Financing

Conventional: 1 FHA: 1 VA: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Fire Alarm/Sprinkler: 1 Microwave: 1 Refrigerator W/IceMk: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Shower Only: 1 MBath Tile: 1 MBed Waterfront: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Full Bathroom

First: 1

Rooms

Bedroom: 1 Dining Area: 1 Full Bathroom: 1 Kitchen: 1 Laundry: 1 Living Room: 1 Master Bathroom: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Insurance: 1 Internet Service: 1 Management: 1 Sewer: 1 Trash: 1 Water: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 321 Street Name: Bream Street Suffix: Avenue State: FL Zip Code: 32548 County: Okaloosa Project Name/Subdivision: PALM COURT YACHT CLUB Parcel ID: 00-2S-24-1917-0000-0604

Property Features

Construction Status: Construction Complete Waterfront: Bay; Intracoastal Wtrwy Waterview: Bay; Intracoastal Waterwy Project Facilities: Community Room; Dock; Elevators; Gated Community; Pool; Short Term Rental - Allowed; Waterfront Exterior: Balcony; Boat Slip; Boatlift Interior: Breakfast Bar; Ceiling Crwn Molding; Floor Tile; Furnished - All; Owner's Closet; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Refrigerator W/IceMk; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Bedroom; Dining Area; Full Bathroom; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom Financing: Conventional; FHA; VA Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Management; Trash; Water

Room Information

Kitchen Level: First Dimensions: 13.8 x 6.6 Length: 13.80 Width: 6.60 Dimensions: 13.8 x 6.6 Dining Area Level: First Dimensions: 6.1 x 12.1 Length: 6.10 Width: 12.10 Dimensions: 6.1 x 12.1 Living Room Level: First Dimensions: 10.11 x 12.1 Length: 10.11 Width: 12.10 Dimensions: 10.11 x 12.1 Master Bedroom Level: First Dimensions: 13 x 11.8 Length: 13.00 Width: 11.80 Dimensions: 13 x 11.8 Master Bathroom Level: First Dimensions: 9.6 x 4.11 Length: 9.60 Width: 4.11 Dimensions: 9.6 x 4.11 Bedroom Level: First Dimensions: 12.5 x 10.2 Length: 12.50 Width: 10.20 Dimensions: 12.5 x 10.2 Full Bathroom Level: First Dimensions: 12.5 x 8.4 Length: 12.50 Width: 8.40 Dimensions: 12.5 x 8.4 Laundry Level: First Dimensions: 6.9 x 5.2 Length: 6.90 Width: 5.20 Dimensions: 6.9 x 5.2

Listing Office: Keller Williams Realty FWB

Last Updated: January - 03 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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