520 Santa Rosa Boulevard 100, Fort Walton Beach, FL 32548 (MLS# 997424)

520 Santa Rosa Boulevard 100, Fort Walton Beach, FL 32548

$580,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,347 Status: Active

Current Price: $580,000 List Date: 3/09/2026 Last Modified: 3/28/2026

Overview

Description

Projected to generate approximately $60,000 in annual vacation rental income, Island Princess #100 offers a rare opportunity to own a Gulf-front 3-bedroom condo on Okaloosa Island with both strong investment potential and incredible views. This spacious condo features an open living, dining, and kitchen layout designed to take full advantage of the beautiful emerald waters just outside your balcony. Large sliding glass doors bring in natural light and lead to the private Gulf-front balcony where you can relax, enjoy coastal breezes, and take in stunning sunsets over the water. The kitchen is equipped with granite countertops and stainless appliances, creating a functional and inviting space for preparing meals after a day at the beach.

Supplements: The Gulf-front primary bedroom offers balcony access and water views, while two additional bedrooms provide plenty of space for family and guests, making this layout ideal for vacation rentals or personal use. Island Princess is a well-maintained Gulf-front resort offering amenities including a beachfront pool, hot tub, fitness center, and direct b ... (Read more)

Listing Details MLS# 997424

Contract Info

List Price/SqFt: 430.59
Listing Board: Emerald Coast

Location Tax and Legal

Area: 12 - Fort Walton Beach
Street #: 520
Street Name: Santa Rosa
Street Suffix: Boulevard
State: FL
Zip Code: 32548
County: Okaloosa
Project Name/Subdivision: ISLAND PRINCESS CONDO UNIT 100
Parcel ID: 00-2S-24-4193-0000-0100

General Property Info

Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 1347
SqFt Source: County PA Records
Full Baths: 3
Total Bathrooms: 3
Stories In Unit: Yes
Unit Floors Above Ground: Yes
Year Built: 1999
Immediate Occupancy: Yes
Pre-Const Flip: No
Garage: No
Carport: No
Carport Spaces: Yes
Covered Spaces: Yes
Assigned Spaces: Yes
Pool: Yes
Pool Type: Community

Location, Tax and Legal

Unit #: 100
Sub Area: 1201 - Okaloosa Island
Elementary School: Elliott Point
Middle School: Bruner
High School: Fort Walton Beach
Legal Description: ISLAND PRINCESS CONDO UNIT 100

Listing Info, Tax & Legal

Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 3580.21
Annual Assessment Amount: 14320.84
Assessment Paid: Quarterly
New Buyer Fee: No
New Buyer Fee Paid: $
Last Taxes: 7240.51
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No

More Information

Remarks & Misc

Remarks: Projected to generate approximately $60,000 in annual vacation rental income, Island Princess #100 offers a rare opportunity to own a Gulf-front 3-bedroom condo on Okaloosa Island with both strong investment potential and incredible views. This spacious condo features an open living, dining, and kitchen layout designed to take full advantage of the beautiful emerald waters just outside your balcony. Large sliding glass doors bring in natural light and lead to the private Gulf-front balcony where you can relax, enjoy coastal breezes, and take in stunning sunsets over the water. The kitchen is equipped with granite countertops and stainless appliances, creating a functional and inviting space for preparing meals after a day at the beach.

Waterfront

Gulf: Yes

Construction Status

Construction Complete: Yes

Waterview

Gulf: Yes

Project Facilities

BBQ Pit/Grill: Yes
Beach: Yes
Deed Access: Yes
Dumpster: Yes
Elevators: Yes
Pool: Yes
Short Term Rental - Allowed: Yes

Construction/Siding

Concrete: Yes
Stucco: Yes

Utilities

Electric: Yes
Phone: Yes
Public Sewer: Yes
Public Water: Yes
TV Cable: Yes

Exterior

BBQ Pit/Grill: Yes
Hot Tub: Yes
Patio Open: Yes

Interior

Floor Tile: Yes
Floor Vinyl: Yes
Furnished - All: Yes
Kitchen Island: Yes
Owner's Closet: Yes
Renovated: Yes

Financing

Conventional: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Refrigerator W/IceMk: Yes
Smoke Detector: Yes
Stove/Oven Electric: Yes
Washer: Yes

Energy

AC - Central Elect: Yes
Ceiling Fans: Yes
Water Heater - Elect: Yes

Mstr Bdrm/Mstr Bath

MBath Tile: Yes
MBed First Floor: Yes
MBed Waterfront: Yes

Master Bedroom

First: Yes

Bedroom

First: Yes

Kitchen

First: Yes

Rooms

Bedroom: Yes
Dining Area: Yes
Kitchen: Yes
Master Bedroom: Yes

Fees Include

Accounting: Yes
Ground Keeping: Yes
Insurance: Yes
Internet Service: Yes
Management: Yes
Trash: Yes
TV Cable: Yes
Water: Yes

Property Features

Construction Status: Construction Complete Waterfront: Gulf Waterview: Gulf Project Facilities: BBQ Pit/Grill; Beach; Deed Access; Dumpster; Elevators; Pool; Short Term Rental - Allowed Exterior: BBQ Pit/Grill; Hot Tub; Patio Open Interior: Floor Tile; Floor Vinyl; Furnished - All; Kitchen Island; Owner's Closet; Renovated Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Rooms: Bedroom; Dining Area; Kitchen; Master Bedroom Financing: Conventional Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Management; Trash; TV Cable; Water

Room Information

Dining Area Level: First Dimensions: 19 x 15 Length: 19.00 Width: 15.00 Dimensions: 19 x 15 Bedroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Master Bedroom Level: First Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Kitchen Level: First Dimensions: 15 x 8 Length: 15.00 Width: 8.00 Dimensions: 15 x 8 Bedroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11

Listing Office: Compass

Last Updated: March - 28 - 2026

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