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$425,000
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Property 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. 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.
Full Property Details
Full Property Details for 321 Bream Ave #604
General
- Price: $425,000
- Taxes: $5,184 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 990430
- Updated: 6/3/2026
- Added to Site: 189 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Community Room, Dock, Elevators, Gated Community, Pool, Waterfront
Interior
- Number of Rooms: 8
- Interior Features: Breakfast Bar, Ceiling Crwn Molding, Owner's Closet, Washer/Dryer Hookup
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
- Security/Safety: Fire Alarm/Sprinkler
Exterior
- Exterior Features: Balcony, Boat Slip, Boatlift
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: PALM COURT YACHT CLUB
- Driving Directions: Heading E on Hwy 98 coming over the Brooks Bridge, take an immediate right onto Santa Rosa Blvd. Travel approx. 0.6mi down the road and take a right onto Bluefish Dr. Take your second right onto Bream Ave and continue to the end of the road to the condo structure.
School Information
- Elementary School: Elliott Point
- Middle School: Bruner
- High School: Fort Walton Beach
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Insurance, Internet Service, Management, Sewer, Water, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water
Structural Information
- Construction: Concrete
- Exterior Const.: Concrete
- Square Feet: 1,089
- Sq. Ft. Source: County PA Records
- Year Built: 1999
Lot Features
- Property View: Bay
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Intracoastal Wtrwy, Bay
Financial Considerations
- Assessment Amount: $773
- Tax Amount: $5,184.06
- Tax Year: 2025
Disclosures and Reports
- Legal Description: PALM COURT YACHT CLUB CONDO UNIT 604
- APN: 00-2S-24-1917-0000-0604
- Property ID: 00-2S-24-1917-0000-0604
Listed by Keller Williams Realty FWB
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Schools
Schools serving 321 Bream Ave #604
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Elliott Point Elementary School 301 Hughes Street Northeast, Fort Walton Beach, FL 32548 | PK-5 | 1.5 mi |
Max Bruner Junior Middle School 322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548 | 6-8 | 2.3 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 2.4 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 321 Bream Ave #604
Date
Details
Price
Change
Source
5/21/2026
Price Reduced
$425,000
-11.46%
MLS
4/13/2026
Price Reduced
$480,000
-1.03%
MLS
11/27/2025
Listed
$485,000
-8.49%
MLS
9/01/2022
Sold
$530,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 321 Bream Ave #604
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,400
2%
$411,700
3%
2024
$5,311
-7%
$401,400
-6%
2023
$5,694
49%
$427,150
43%
2021
$3,819
-10%
$298,400
-17%
2022
$4,259
12%
$360,200
52%
2021
$3,819
22%
$236,600
2%
2019
$3,141
5%
$231,450
8%
2018
$2,995
7%
$214,374
10%
2017
$2,797
4%
$194,885
2%
2016
$2,686
1%
$191,280
2%
2015
$2,672
8%
$188,190
8%
2014
$2,469
12%
$174,800
17%
2013
$2,200
—
$149,110
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 321 Bream Ave #604
321 Bream Avenue #604, Fort Walton Beach, FL 32548 (MLS# 990430) is a Condo property with 2 bedrooms and 2 full bathrooms. 321 Bream Avenue #604 is currently listed for $425,000 and was received on November 27, 2025. Want to learn more about 321 Bream Avenue #604? 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.

