Description
STR-Approved & Revenue-Ready -- Downtown Fort Walton Beach's Hottest New Investment OpportunityThe short-term rental market has arrived in downtown Fort Walton Beach, and 167 Brooks Street SE, Unit 102 puts you right at the center of it. This beautifully renovated 3-bedroom, 2-bathroom condo is in one of the first condo buildings to gain STR approval -- giving early investors a first-mover advantage in one of the Emerald Coast's most vibrant and energetic urban neighborhoods. Situated on the water side of historic Brooks Street, this 1,304 sq ft first-floor unit has been fully updated from top to bottom. The open-concept floor plan features...read more new tile and carpet flooring, contemporary finishes, and a kitchen that means business - quartzite countertops, new cabinetry, soft close hinges/drawers and stainless-steel appliances. The breakfast bar flows seamlessly into the great room, which opens directly to a private covered patio -- perfect for morning coffee or winding down after a day on the water. The primary suite is genuinely impressive, with two closets and a spa-style bathroom offering double sinks and a large, cultured marble shower. Both bathrooms have been updated with new vanities and quality finishes. Ceiling fans throughout, updated A/C ductwork (2020), and a water heater (2020) round out the efficiency upgrades. The location is the investment thesis. This property sits squarely within Fort Walton Beachs entertainment district, meaning guests are minutes from multiple destinations -- waterfront dining, craft breweries, coffee shops, boutique shopping, salons, parks, grocery, an array of water sports outfitters and the stunning white sand beaches of the Gulf of America -- all without a vehicle. The HOA covers building insurance, water, sewer, and trash. The property includes a water easement providing access to the Santa Rosa Sound convenient for paddle boarding, kayaking or just watching the sunset. Each unit comes with a dedicated parking space, with guest parking available. Whether youre pursuing a turnkey short-term rental, a flexible second home with income potential, or a long-term hold in a rapidly evolving downtown corridor, 167 Brooks Street SE, Unit 102 delivers the renovations, the location, and the approvals to get you there. Rental income projections available upon request. All buyers are encouraged to independently verify STR licensing requirements with the City of Fort Walton Beach, Okaloosa County and the HOA. Buyer is responsible for verifying ALL data and information, including room dimensions, as it is deemed to be reliable but not guaranteed.