1995 Devmor Court Unit 5A, Fort Walton Beach, FL 32548 - MLS 1002934

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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.

Shawn Dunne

Broker Associate

[email protected]

Direct: (850) 525-5875

Office: (850) 267-0013

LIC# BK3455732

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property details

Type

Condo

Status

Closed

County

Okaloosa

Year Built

2000

Sq. Ft.

704

Listing Id

1002934

Courtesy Of

Shawn Dunne - Berkshire Hathaway Home Services PenFed Realty +1 850 525 5875

List Office Phone

+1 (850) 267-0013

Subdivision

SUNSET COTTAGES CONDO

Interior Features

Beds

Full Baths

Living Area Units

Sq. Ft.

Flooring

Tile
Carpet

Appliances

Dishwasher
Dryer
Refrigerator
Washer
Electric Oven

Bathrooms Total

Exterior Features

Stories

Utility & Building Info

Below Grade Finished Area

Price Per Sq Meter

Heating

Electric Heating
Central

Building Area Total

704 Sq. Ft.

Architectural Style

3+ Story

Price History

date	event	price	source
08/17/2026 08/17/2026	Sold	$235,000	Emerald Coast, Florida
07/23/2026 07/23/2026	Pending	$254,900	Emerald Coast, Florida
07/06/2026 07/06/2026	Active	$254,900	Emerald Coast, Florida
06/19/2026 06/19/2026	Active	$259,900	Emerald Coast, Florida
05/27/2026 05/27/2026	Pending	$249,990	Emerald Coast, Florida
05/13/2026 05/13/2026	Active	$249,990	Emerald Coast, Florida

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1995 Devmor Court Unit 5A Fort Walton Beach, FL 32548