1995 Devmor Court #5A, Fort Walton Beach, FL 32548 - Photo 1

1/1

$235,000

Sold
Closed
Condo
1 Bed
1 Full Bath
704 Sq. Ft.
Updated 5 days ago

1/1

Property Description

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.

Full Property Details

Full Property Details for 1995 Devmor Ct #5A

General

Sold For: $235,000
Taxes: $3,381 (2025)
Status: Closed
Type: Condo
Source: Emerald_Coast
MLS ID: 1002934
Added to Site: 64 day(s) ago

Rental Information

Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Dumpster, Pets Allowed, Pool, TV Cable

Interior

Number of Rooms: 4
Interior Features: Hallway Bunk Beds, Owner's Closet
Appliances: Dishwasher, Dryer, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
Furnishings: Furnished - All
Flooring: Floor Tile, Floor WW Carpet

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Additional Information

Pool: Yes
Pool Description: Pool - In-Ground, Pool Type

Exterior

Exterior Features: Balcony, Shower

Location

Area: 12 - Fort Walton Beach
County: Okaloosa
Subdivision: SUNSET COTTAGES CONDO
Driving Directions: FROM HWY 98 TURN SOUTH ONTO SANTA ROSA BLVD, GO TO SUNSET COTTAGES (NEXT TO PELICAN ISLE), FIRST FLOOR UNIT Legal Description: SUNSET COTTAGE CONDO UNIT 5A

School Information

Elementary School: Elliott Point
Middle School: Bruner
High School: Fort Walton Beach

Community

Association: Yes
Assoc. Fees Include: Insurance, Management, Master Association, Sewer, Water, Cable TV, Trash

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Central
Heating/Cooling: Central, Central Air

Utilities

Sewer: Community Sewer
Utility Description: Community Water, Electric, Phone, TV Cable

Structural Information

Construction: Roof Pitched, Trim Vinyl
Exterior Const.: Roof Pitched, Trim Vinyl
Stories/Levels: 4
Square Feet: 704
Sq. Ft. Source: County PA Records
Year Built: 2000

Financial Considerations

Assessment Amount: $768
Tax Amount: $3,381.01
Tax Year: 2025

Disclosures and Reports

Special Conditions: Accept Backup Offers
Legal Description: SUNSET COTTAGES CONDO UNIT 5A
APN: 00-2S-24-1645-0000-005A
Property ID: 00-2S-24-1645-0000-005A

Listed by Berkshire Hathaway Home Services PenFed Realty
Sold by Corcoran Reverie SRB

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— 1995 Devmor Ct #5A —

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Schools

Schools serving 1995 Devmor Ct #5A

School District:Okaloosa County School District

Name	Grades	Distance
Elliott Point Elementary School 301 Hughes Street Northeast, Fort Walton Beach, FL 32548	PK-5	2.3 mi
Max Bruner Junior Middle School 322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548	6-8	1.5 mi
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548	9-12	1.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1995 Devmor Ct #5A

Date

Details

Price

Change

Source

8/14/2026

Sold

$235,000

-7.81%

MLS

7/06/2026

Price Reduced

$254,900

-1.92%

MLS

6/19/2026

Price Increased

$259,900

3.96%

MLS

5/13/2026

Listed

$249,990

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Total Bath
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Bed
2
Total Baths
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Beds
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Total Bath
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Sq. Ft.

Listed by Meagan Elder

1995 Devmor Court #5A, Fort Walton Beach, FL 32548 (MLS# 1002934) is a Condo property that was sold at $235,000 on August 14, 2026. Want to learn more about 1995 Devmor Court #5A? Do you have questions about finding other Condo real estate for sale in Fort Walton Beach? You can browse all Fort Walton Beach real estate or contact a Coldwell Banker agent to request more information.

1995 Devmor Ct #5A Fort Walton Beach, FL 32548