MOTIVATED SELLER! Luxury Waterfront Penthouse in Gated Community - Under $1M! Discover a rare gem nestled in the prestigious, gated community of Sailwatch Landing in downtown Fort Walton Beach. This high-end, five-bedroom penthouse offers over $100k in renovations and the ultimate in sophisticated coastal living, showcasing panoramic views of the Santa Rosa Sound with glimpses of the Gulf of Mexico, all for under $1 million. Situated on the top, 6th floor with an impressive 2,711 square feet, this meticulously crafted residence presents five luxurious bedrooms, each with an opulent en suite bathroom. The master suite exudes serenity with its private waterfront balcony—an exclusive vantage point for sunset views over the water. Recently redesigned to embody modern elegance, the gourmet kitchen features all-natural quartz countertops, custom floor-to-ceiling wood cabinetry with brass hardware, and top-of-the-line stainless steel appliances, including an induction cooktop. A new, spacious pantry offers added convenience, with the option to revert it to its original half-bath configuration if desired. Designed for discerning tastes, Sailwatch Landing prioritizes privacy and exclusivity with only 26 units. This penthouse sanctuary offers a seamless blend of indoor and outdoor living. Entertain with ease in the open floor plan that leads to a private balcony through double French doors, perfect for soaking in the stunning waterfront views. Enjoy the rare privilege of a built-in gas grill, ideal for alfresco dining. The grand master suite is a true retreat with its expansive layout and spa-like en suite featuring a luxurious soaking tub and separate shower. Elegant touches abound, including travertine flooring, crown molding, high ceilings, and a discreetly tucked-away laundry room concealed behind a stylish barn door. Complete with an oversized two-car garage and temperature-controlled storage, this penthouse epitomizes coastal luxury. Resort-style amenities await, with a private waterfront pool and a dock providing direct access to the Intracoastal Waterway, perfect for paddleboarding and kayaking. Explore the charm of Okaloosa Island or cruise downtown via golf cart to nearby restaurants, shops, bars, and entertainmentall just minutes away. Elevate your lifestyle in this high-end penthouse, where sophistication meets serene coastal beauty in a gated, exclusive setting. This is more than a home; it's a statement in luxury.