Ad #7714059
MLS #1002934
Presenting a prime investment opportunity at Sunset Cottages 5A
1995 Devmor Ct 5A, Fort Walton Beach, FL 32548
$254,900
1Beds
1Baths
704Sqft
--Acres
About this property
Presenting a prime investment opportunity at Sunset Cottages 5A, a ground-floor condominium situated on Okaloosa Island in the Florida Panhandle. Located just 150 feet from public beach access, this property offers a desirable coastal location within a low-density complex, ensuring a quiet environment and convenient access to the community pool. The interior features an efficient, open-concept floor plan that maximizes space and natural light across the living, dining, and kitchen areas. The primary bedroom is spacious and includes a private entrance. Additional accommodations include hallway bunk beds, and the unit is serviced by a bathroom accessible from both the bedroom and common areas. This turnkey property is being sold fully furnished and offers a demonstrated track record of strong rental performance. The unit generated $27,700 in gross rental income in 2024 and $32,568 in 2025. Performance for 2026 shows $11,536 in income realized through May 17, with an additional $20,000 already booked for the remainder of the year. With HOA fees under $800 per month, this condominium presents a compelling value proposition for investors seeking a high-performing, turnkey beach property.
Property Features
1 Beds
1 Baths
704 Sqft
Built in 2000
0.000 Acres
4 Stories
Siding: Roof Pitched, Trim Vinyl
Central
$3,381 / yr property tax
Okaloosa County
SUNSET COTTAGES CONDO Community
Additional Photos
Contact Information
Shawn A Dunne
Berkshire Hathaway HomeServices PenFed Realty
850-525-5875
Location
Listing Agent: Shawn A Dunne (License #: 3455732) 850-525-5875
Broker: Berkshire Hathaway HomeServices PenFed Realty 850-729-0176 Listing Site
Copyright © 2026 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.
Broker: Berkshire Hathaway HomeServices PenFed Realty 850-729-0176 Listing Site
Copyright © 2026 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.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$254,900
1
Beds
1
Baths
704
Sqft
1995 Devmor Ct 5A, Fort Walton Beach, FL 32548
By contacting this agent you agree to these Terms and Conditions.
MLS# 1002934
Presenting a prime investment opportunity at Sunset Cottages 5A
$254,900
1995 Devmor Ct 5A, Fort Walton Beach, FL 32548
1
Beds
1
Baths
704
Sqft
--
Acres
$254,900
1995 Devmor Ct 5A, Fort Walton Beach, FL 32548
1 Beds
1 Baths
704 Sqft
-- Acres
Presenting a prime investment opportunity at Sunset Cottages 5A, a ground-floor condominium situated on Okaloosa Island in the Florida Panhandle. Located just 150 feet from public beach access, this property offers a desirable coastal location within a low-density complex, ensuring a quiet environment and convenient access to the community pool. The interior features an efficient, open-concept floor plan that maximizes space and natural light across the living, dining, and kitchen areas. The primary bedroom is spacious and includes a private entrance. Additional accommodations include hallway bunk beds, and the unit is serviced by a bathroom accessible from both the bedroom and common areas. This turnkey property is being sold fully furnished and offers a demonstrated track record of strong rental performance. The unit generated $27,700 in gross rental income in 2024 and $32,568 in 2025. Performance for 2026 shows $11,536 in income realized through May 17, with an additional $20,000 already booked for the remainder of the year. With HOA fees under $800 per month, this condominium presents a compelling value proposition for investors seeking a high-performing, turnkey beach property.
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Property Details
HOME DETAILS
1 Beds
1 Baths
704 Sqft
Built in 2000
0.000 Acres
4 Stories
EXTERIOR
Siding: Roof Pitched, Trim Vinyl
INTERIOR
Central
FINANCIAL & COMMUNITY
$3,381 / yr property tax
Okaloosa County
SUNSET COTTAGES CONDO Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7714059
Viewed
75 times
Listing Status
Active
Added
May 12, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Emerald Coast Association of Realtors
Source Property ID
1002934
Listing Agent: Shawn A Dunne (License #: 3455732) 850-525-5875
Broker: Berkshire Hathaway HomeServices PenFed Realty 850-729-0176 Listing Site
Copyright © 2026 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.
Broker: Berkshire Hathaway HomeServices PenFed Realty 850-729-0176 Listing Site
Copyright © 2026 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.
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