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866 Santa Rosa 318, Fort Walton Beach, FL 32548

$824,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,156 Status: Active
Current Price: $824,900 List Date: 8/20/2026 Last Modified: 9/30/2026

Overview

Description

An exceptional rental opportunity awaits on coveted Okaloosa Island. This beautifully renovated corner-unit condo offers a turnkey investment with stunning Gulf views all around with and an inviting, upscale atmosphere designed to impress guests. The property has undergone a comprehensive makeover, thoughtfully incorporating high-end upgrades throughout. Highlights include a beautifully updated kitchen with new appliances, a striking waterfall granite island, an upgraded bathroom featuring designer tile, enhanced interior flooring, calming neutral paint selections, and upgraded lighting fixtures. All furnishings convey with the property, making this a truly turnkey opportunity that is ready to welcome guests from day one. The unit is currently projected to gross approximately $69,000 in 2026, with revenue already established for 2027--providing both immediate rental potential and a strong foundation for continued income. With its prime location, exceptional Gulf views, sophisticate ...

Listing Details MLS# 1010230

Contract Info

List Price/SqFt
713.58
Listing Board
Emerald Coast

Location Tax and Legal

Area
12 - Fort Walton Beach
Street #
866
Street Name
Santa Rosa
State
FL
Zip Code
32548
County
Okaloosa
Project Name/Subdivision
PELICAN ISLE
Parcel ID
00-2S-24-2183-0000-0318

General Property Info

Sub-Type
Condominium
Design
N/A
Apx SqFt(Htd/Cooled)
1156
SqFt Source
County PA Records
Full Baths
2
Total Bathrooms
2
Stories In Unit
Yes
# of Units in Bldg
98
Stories in Building
7
Unit Floors Above Ground
4
Year Built
2002
Immediate Occupancy
Yes
Garage
No
Carport
No
Pool
Yes
Pool Type
Community

More Information

Property Features

Construction Status: Construction Complete Waterfront: Gulf Waterview: Gulf Project Facilities: BBQ Pit/Grill; Beach; Dumpster; Elevators; Exercise Room; Fishing; Handicap Provisions; Picnic Area; Pool; Short Term Rental - Allowed; TV Cable; Waterfront Exterior: Balcony; Pool - In-Ground Interior: Breakfast Bar; Floor Tile; Furnished - All; Hallway Bunk Beds; Kitchen Island; Lighting Recessed; Newly Painted; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Full Bathroom: First Rooms: Bedroom; Dining Room; Full Bathroom; Kitchen; Master Bathroom; Master Bedroom Financing: Conventional; Other Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Licenses/Permits; Management; Recreational Faclty; Security; Trash; TV Cable; Water

Room Information

Room Name Level Dimensions Length Width Remarks
Dining Room First 15.5 x 14.3 15.50 14.30 Dining/Living Combo
Master Bedroom First 11.7 x 11 11.70 11.00
Master Bathroom First 9 x 7 9.00 7.00
Kitchen First 10 x 10 10.00 10.00
Bedroom First 13 x 11 13.00 11.00
Full Bathroom First 9 x 7 9.00 7.00
Listing Office: Fathom Realty FL LLC
Last Updated: September - 30 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

Grayton Corners | 32 East County Highway 30-A, Suite J | Santa Rosa Beach, FL 32459
Office: 850.231.7896 | Toll Free: 866.533.3429 | Email Us
G. Gay Landreth, Managing Member and Broker

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