2BR/1BA Fountainhead Condo. Waterfront Living with Boat Slips, Community Dock, Boat Parking, Tennis, Pool, and an Oversized Second-Floor Balcony with Beautiful Water Views! Property has established rental income, current tenant will transfer to buyer if desired. Property is freshly painted and meticulously cared for and offers one of its most desirable upgrades: an oversized balcony professionally expanded at the seller's expense, providing generous outdoor living space and beautiful water views. The condo is being sold unfurnished and is currently occupied by a long-term tenant offering investors $22,200 in scheduled annual gross rental income. Short Term rentals Not Allowed Important Locations: Hurlburt Field, approx. 5.5 miles, Eglin Air Force Base, approx. 12 miles, making this an attractive location for military personnel and civilian employees. Destin-Fort Walton Beach Airport is approx. 14 miles away. Nearby schools include Edwin's Elementary, Max Bruner Middle School, and Fort Walton Beach High School. Shopping, grocery stores, restaurants, and everyday conveniences are Target, Mary Esther Plaza and Market Place of Santa Rosa approximately 2 miles from the property. Enjoy being close to the water without paying beachfront prices. Conveniently positioned along Highway 98, this location provides easy access to Hurlburt Field, Eglin Air Force Base, Fort Walton Beach Medical Center, downtown Fort Walton Beach, Mary Esther, and the shopping, restaurants and everyday conveniences along the Miracle Strip Parkway corridor. The location is also convenient to Okaloosa Island and its beautiful Gulf beaches, as well as Destin and the surrounding Emerald Coast.