Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar, Crown Molding, Vaulted Ceiling(s), Recessed Lighting, Pantry

  • Total Bedrooms

    3

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    Yes

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Concrete, Stucco

  • Other Exterior Features

    Balcony

  • Parking

    Covered

  • Pool

    Yes

  • Pool Features

    Community

  • Waterfront YN

    YES

  • View

    Sound

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    N/A

Price

  • Sales Price

    $1,075,000

  • Tax Amount

    $10,657

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    Yes

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Elliott Point

  • Middle School

    Bruner

  • High School

    Fort Walton Beach

Property Features

  • Stories

    6

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Okaloosa

Elementary School

Elliott Point

Middle School

Bruner

High School

Fort Walton Beach

Listing Courtesy of Scott Martineau , RE/MAX Coastal Properties

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Private Buyer Showing Times Available This Week. Currently one of the most compelling value opportunities in Azure Condominiums, this Gulf-front residence delivers the combination buyers consistently wait for--strong rental potential, a highly desirable floor plan, and direct beachfront living in a proven luxury building. With comparable sales setting the benchmark, this offering stands out as a strategic entry point for both income-focused investors and second-home buyers seeking long-term value along Okaloosa Island. Azure continues to stand apart as one of the strongest performing condominium communities on Okaloosa Island due to its Mediterranean design, solid HOA stewardship, and resort-level amenities including a Gulf-front pool and spa, fitness center, covered parking, and direct beach access with seasonal chair service.
The three-bedroom layout remains one of the most desirable and rentable configurations in the building, appealing to both larger vacation groups and owners seeking flexibility between personal enjoyment and income generation.
Located just minutes from Destin's HarborWalk Village, Crab Island, deep-sea fishing, championship golf, and waterfront dining, this location delivers both convenience and the quieter beachfront lifestyle that continues to drive demand on Okaloosa Island.
For buyers comparing recent Azure sales, this residence stands out as a compelling combination of size, condition, mechanical upgrades, and investment strength--making it one of the most complete opportunities currently available in the building

1150 Santa Rosa Boulevard 414

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Related Properties

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Welcome to Unit B514 at Waterscape, a beautifully furnished condo offering gorgeous Gulf views and resort-style living on Okaloosa Island. Located on the 5th floor, this spacious unit overlooks Waterscape's tropical pool deck while capturing views of the emerald waters of the Gulf of America.

The open-concept living and dining area is designed for both comfort and entertaining, featuring large sliding glass doors that lead to a private balcony where you can relax and enjoy the coastal breeze and stunning Gulf views. Gulf views can be enjoyed from the living room, primary bedroom, and balcony, creating the perfect setting to experience the beauty of the Emerald Coast.

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Waterscape is known for two standout advantages on Okaloosa Island: one of the largest private beach frontages on the island with nearly 500 feet of sugar-white sand, and a resort-style lazy river--an amenity rarely found among beachfront condominiums along the Emerald Coast. Additional world-class amenities include a zero-entry resort-style pool with a 10-foot waterfall, a heated pool, two hot tubs, multiple resort-style pools, and a children's splash playground and kiddie play park. Guests also enjoy Fudpucker's Tiki Hut food and beverage service on the pool deck, beautifully landscaped pool areas, and a fully equipped fitness center.

Additional conveniences include covered parking located close to your front door, private owner storage with an exterior closet just outside the unit, 24-hour security, gated entry, and a strong HOA. The property is ideally located near area dining, shopping, and the many activities the Emerald Coast is known for.

With its prime beachfront location, incredible amenities, and family-friendly atmosphere, Waterscape continues to be a favorite destination for Emerald Coast vacationers year after year, supporting strong demand for short-term rentals.

Whether you're looking for a personal beach retreat, second home, or income-producing investment, Waterscape B514 offers the perfect combination of location, Gulf views, exceptional amenities, and one of the most desirable resorts on Okaloosa Island.
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602 Cinco Terrace presents a rare waterfront opportunity with approximately 122 feet of protected bayou frontage while sitting well above the waterline, helping keep flood insurance costs significantly lower than many comparable waterfront properties. The home offers exceptional expansion potential with approximately 1,000 additional square feet ready to be incorporated into the existing footprint. A previously constructed and framed staircase location is already in place to seamlessly connect the upstairs living area to the unfinished lower level, creating a blank canvas for additional living space, guest quarters, an entertainment area, workshop, or custom design. Plumbing infrastructure for a future bathroom has already been planned with a drain line installed beneath the slab, simplifying future improvements without the need to disturb the concrete.

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Beyond the cosmetic improvements, the property has undergone substantial functional upgrades focused on durability, efficiency, and long-term peace of mind. Hurricane shutters were added to the windows, while the original asphalt roof was replaced with a metal shingle roofing system designed for longevity and enhanced weather resistance. In 2025, all exterior doors were upgraded to hurricane-rated doors with warranty documentation available. The kitchen was also refreshed with a full suite of Bosch appliances, pairing modern performance with the home's cohesive design aesthetic. Additional improvements include professionally cleaned and resealed grout in the bathrooms, kitchen, breakfast area, and office, along with updated ceiling fans and fixtures throughout the home.

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The mature landscaping creates a layered waterfront setting that blends native Florida vegetation with ornamental and edible plantings. Established live oaks, palms, palmettos, pine trees, ferns, agave, and American beautyberry provide natural texture and privacy throughout the grounds. Flowering additions including crepe myrtle, hydrangea, Rose of Sharon, fringe flower, amaryllis, caladium, fatsia, and crinum lilies introduce seasonal color and depth to the outdoor environment, while edible plantings such as banana trees, kumquat, fig, olive, and ginger further enhance the property's coastal garden atmosphere. A landscape irrigation system supports the grounds, and the home has also been converted from septic to county water and sewer for added convenience and reliability.

Positioned in Fort Walton Beach, the property offers convenient access to both Hurlburt Field and Eglin Air Force Base, making daily commutes efficient for active-duty military personnel, contractors, and civilian employees alike. White-sand Gulf beaches, waterfront dining, marinas, and the broader Emerald Coast lifestyle are all within close reach, allowing the property to balance privacy and waterfront living with accessibility to the area's most sought-after amenities.

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