321 Bream Avenue 604, Fort Walton Beach, FL 32548

$485,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,089 Status: Active
Current Price: $485,000 List Date: 11/27/2025 Last Modified: 2/14/2026

Description

A 25' boat slip (#19) with a lift deeded. 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

Status Change Info

Status: Active

Contract Info

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

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

General Property Info

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

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: February - 14 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 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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