520 Santa Rosa Boulevard 405, Fort Walton Beach, FL, 32548

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$615,000
New Listing

520 Santa Rosa Boulevard 405
Fort Walton Beach, FL 32548

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
1,089
SqFt
$565
/SqFt
1999
Built
Subdivision:
ISLAND PRINCESS
County:
Okaloosa
Listing courtesy of Marisela F Molnar of ERA American Real Estate

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520 Santa Rosa Boulevard 405520 Santa Rosa Boulevard 405520 Santa Rosa Boulevard 405520 Santa Rosa Boulevard 405
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Turn-Key Gulf-Front Investment with Proven Rental Income at Island Princess Welcome to one of Okaloosa Island's premier Gulf-front resorts where strong rental history meets effortless coastal living. This beautifully maintained 2-bedroom, 2-bath unit has been owned by the same owner for over 20 years and offers a consistent, proven rental track record making it an exceptional opportunity for investors or those seeking a second home that pays for itself. Step inside to a spacious, open floor plan designed to maximize both comfort and views. Enjoy unobstructed Gulf views from the living room and primary suite, with two access points leading to a private covered balcony perfect for morning coffee, sunset watching, and spotting dolphins right offshore. This unit is truly turn-key and rental -ready, offered fully furnished with updated décor and furnishings, stainless steel appliances, updated gold kitchen and bath hardware, all white kitchen cabinets and countertops giving the luxurious-beachy vibe, plus an updated HVAC system and water heater. Additional conveniences include deeded covered parking and in-unit laundry. Residents and guests enjoy resort-style amenities including a Gulf-front pool, hot tub, beach service available for guest, and approximately 500 feet of pristine white sand beach. Location is everything and this unit delivers. Just minutes from: The Boardwalk on Okaloosa Island for dining, shopping, and nightlife Gulfarium Marine Adventure Park for family-friendly entertainment Okaloosa Island Pier for fishing and sightseeing HarborWalk Village just a short drive away for waterfront dining, boating, and events. Plus easy access to grocery stores, beach shops, and local favorites throughout Fort Walton Beach and Destin Whether you're looking for a high-performing vacation rental, a second home, or a full-time beachfront retreat, this unit checks every box.

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Listing Snapshot
Price 
$615,000
Days On Site 
0 Days
Bedrooms 
2
Inside Area (SqFt) 
1,089 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1999
MLS® Number 
1001274
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
12 hours agoListing first seen on site
12 hours agoListing updated with changes from the MLS®
General Features
Garage 
Yes
Levels 
One
Number Of Stories 
7
Parking 
DeededCovered
Property Sub Type 
Condominium
Security 
Fire AlarmSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
1089
Style 
N/A
Utilities 
Cable AvailableElectricity Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalDryerMicrowaveRefrigeratorWasherElectric Water HeaterElectric Oven
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
LaminateTile
Furnished 
Furnished
Heating 
CentralElectric
Interior 
Breakfast Bar
Window Features 
Window Treatments
Bedroom 
Dimensions - 12 x 11Level - First
Kitchen 
Dimensions - 12 x 8Level - First
Living Room 
Dimensions - 18 x 15Level - FirstDescription - Living room/ Dining room combined
Master Bedroom 
Dimensions - 15 x 12Level - First
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Exterior Features
Construction Details 
ConcreteStucco
Exterior 
Balcony
Pool Features 
Community
Waterfront 
Yes
Waterfront Features 
Waterfront
Windows/Doors 
Window Treatments
Community Features
Community Features 
Pool
MLS Area 
12 - Fort Walton Beach
Schools
School District
Unknown
Elementary School
Elliott Point
Middle School
Bruner
High School
Choctawhatchee
Listing courtesy of Marisela F Molnar of ERA American Real Estate



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Emerald Coast Association of Realtors MLS.
Last checked: 2026-04-23 10:25 AM UTC

Neighborhood & Commute
Source: Walkscore
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