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520 Santa Rosa Boulevard , #405

Fort Walton Beach, FL 32548
  • $615,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 1001274
UPDATED: 62 min ago
$615,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,089
    SQFT
  • $565
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1999
County:

School Information

Elementary School:
Middle School:
High School:

Description

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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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or John Martin Group | Exp Realty LLC. Vendor Member number: 28178. Data last updated: 2026-07-21T00:00:50.79.
Vendor Member #28178.
www.johnmartin30a.com/homes/175676225
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520 Santa Rosa Boulevard , #405 Fort Walton Beach, FL 32548

  • Price: $615,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 62 min ago
  • MLS #: 1001274
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,089
SQFT
$565
$/SQFT
1999
Built
Neighborhood:
Island Princess
County:
Okaloosa
Area:
Fort Walton Beach
Elementary School:
Elliott Point
Middle School:
Bruner
High School:
Choctawhatchee
Property Description
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.
Exterior Features

Architectural Style N/A Assigned Spaces 1 Attached Garage YN No Carport YN No Construction Materials ConcreteStucco Covered Spaces 1 Door Features [] Exterior Balcony Exterior Features Balcony Foundation Details [] Garage YN Yes Parking DeededCovered Parking Features DeededCovered Patio And Porch Features [] Pool Yes Pool Features [] Pool Type Community Roof [] View Gulf Window Features Window Treatments

Interior Features

Appliance Info DishwasherDisposalDryerFire Alarm/SprinklerMicrowaveRefrigeratorSmoke DetectorStove/Oven ElectricWasher Appliances DishwasherDisposalDryerMicrowaveRefrigeratorWasherElectric Water Heater Basement [] Bedroom Level First Cooling Central AirCeiling Fan(s) Cooling YN Yes Fireplace Features [] Flooring LaminateTile Furnished Furnished Heating Central Heating YN Yes Interior Breakfast BarFloor LaminateFloor TileFurnished - AllOwner's ClosetWasher/Dryer HookupWindow Treatment All Interior Features Breakfast BarOwner's ClosetWasher/Dryer Hookup Kitchen Level First Living Room Level First Master Bed Bath MBath TileMBed BalconyMBed Waterfront Master Bedroom Level First Rooms BedroomMaster BedroomKitchenLiving Room Rooms Total 4 Stories In Unit 1 Unit Floors Above Ground 4

Property Features

Assessment Amount 2671.07 Assessment Paid Quarterly Association Fee Includes Maintenance GroundsInsuranceLicenses/PermitsManagementRecreational FacltySewerCable TVTrashWater Association YN Yes Buyer Financing [] Community Features BBQ Pit/GrillBeachCommunity RoomDeed AccessElevatorsExercise RoomPoolTV CableWaterfrontShort Term Rental - Allowed Energy AC - Central ElectCeiling FansHeat Cntrl ElectricWater Heater - Elect Fees Include AccountingGround KeepingInsuranceLicenses/PermitsManagementRecreational FacltySewerTV CableTrashWater Fencing [] Green Energy Efficient [] Immediate Occupancy Yes Is Subject Leased No Lot Features [] New Construction YN No Other Equipment [] Other Structures [] Property Condition Construction Complete Property Sub Type Condominium Road Frontage Type [] Road Surface Type [] Security Features Fire AlarmSmoke Detector(s) Special Listing Conditions [] Stories Total 7 Tax Year 2025 Utilities [] Utility Info ElectricPublic SewerPublic WaterTV Cable Water Source Public Waterfront Features GulfGulf/PassWaterfront Waterfront YN Yes

Listing courtesy of ERA American Real Estate: 850-682-4822.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or John Martin Group | Exp Realty LLC. Vendor Member number: 28178. Data last updated: 2026-07-21T00:00:50.79.
Vendor Member #28178.
 
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