Pirates Bay Phase 1 is a well-established sound-front condominium community in South Fort Walton Beach offering classic coastal living along the calm, protected waters of the Santa Rosa Sound. Built in 1986 and comprising approximately 120 units, Phase 1 represents the original portion of the Pirates Bay development and is known for its long-standing residential appeal, stable ownership profile, and true waterfront lifestyle. The direct sound-front location provides expansive water views, gentle breezes, and year-round enjoyment ideal for boating, kayaking, and paddleboarding, while avoiding the exposure and congestion associated with Gulf-front properties. Its scale supports professional management and shared amenities while maintaining a neighborhood-oriented feel rather than a resort atmosphere, making it especially attractive to full-time residents, retirees, and long-term owners. Conveniently located near shopping, dining, medical facilities, Eglin Air Force Base, Hurlburt Field, and just minutes from Okaloosa Island beaches, Pirates Bay Phase 1 remains a landmark sound-front community valued for its location, livability, and enduring coastal character.