520 Santa Rosa Blvd Unit 109, Fort Walton Beach, FL 32548 (MLS# 993612)

520 Santa Rosa Blvd Unit 109, Fort Walton Beach, FL 32548

$645,000

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

Current Price: $645,000 List Date: 1/23/2026 Last Modified: 2/13/2026

Description

Over 9% STR income for 2025 from the out of town managing seller. Unit 109 at Island Princess on Okaloosa Island has a proven track record of making money. Step into this updated 3 bedroom 3 bath ground floor unit and enjoy the convenience of no waiting for an elevator and even a deeded covered parking space just feet away from your front door. Once inside you'll be amazed by nearly 1350 sqft of furnished coastal elegance and just a few steps away from the sugar white sands of the Gulf of America. This unit features 1 king bed, 1 queen bed and a set of full over full bunk beds along with a sleeper sofa for the large family needing extra room. Having the 3rd bathroom really makes vacationing easier for guests needing their own privacy. As of the listing date there are no upcoming special

Supplements: assessments or construction to worry about along with verified actual rental income makes this unit a great investment. Please call your favorite real estate agent for a private viewing.

More Information MLS# 993612

Status Change Info

Status: Active

Contract Info

List Date: 2026-01-23 Current Price: $645,000 List Price: $645,000 List Price/SqFt: 478.84 Listing Board: Emerald Coast

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 520 Street Name: Santa Rosa Blvd State: FL Zip Code: 32548 County: Okaloosa Project Name/Subdivision: ISLAND PRINCESS Parcel ID: 00-2S-24-4193-0000-0109

General Property Info

Sub-Type: Condominium Design: N/A Apx SqFt(Htd/Cooled): 1347 SqFt Source: County PA Records Bedrooms: 3 Full Baths: 3 Total Bathrooms: 3 Stories In Unit: 1 Unit Floors Above Ground: 1 Year Built: 1999 Immediate Occupancy: Yes Pre-Const Flip: No Garage: Yes Carport: No Covered Spaces: 1 Assigned Spaces: 1 Pool: Yes Pool Type: Community

Property Features

Construction Status: Construction Complete Waterfront: Gulf; Unit Waterfront Waterview: Gulf Parking Features: Garage Project Facilities: BBQ Pit/Grill; Beach; Deed Access; Dumpster; Elevators; Exercise Room; Fishing; Gated Community; Pets Allowed; Pool; Short Term Rental - Allowed; TV Cable; Waterfront; Whirlpool Exterior: Patio Enclosed; Patio Open Interior: Breakfast Bar; Built-In Bookcases; Floor Tile; Furnished - All; Lighting Recessed; Newly Painted; Owner's Closet; Pantry; Renovated; Shelving; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Rooms: Bedroom; Covered Porch; Kitchen; Living Room; Master Bedroom Financing: Conventional Fees Include: Accounting; Ground Keeping; Insurance; Management; Trash; TV Cable; Water

Room Information

Living Room Level: First Dimensions: 19 x 15 Length: 19.00 Width: 15.00 Dimensions: 19 x 15 Kitchen Level: First Dimensions: 15 x 8 Length: 15.00 Width: 8.00 Dimensions: 15 x 8 Master Bedroom Level: First Dimensions: 16 x 12 Length: 16.00 Width: 12.00 Dimensions: 16 x 12 Bedroom Level: First Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Bedroom Level: First Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Covered Porch Level: First Dimensions: 15 x 6 Length: 15.00 Width: 6.00 Dimensions: 15 x 6

Documents

Isalnd Princess 2025 budget ›

Isalnd Princess 2025 SIRS ›

Isalnd Princess Declaration of Incorp. ›

Island Princess 2025 Milestone ›

Island Princess Rules and Regs updated ›

Condo Rider ›

Flood Disclosure ›

Seller's Property Disclosure ›

Rental Projection #1 ›

Rental Projection #2 ›

Listing Office: Compass

Last Updated: February - 13 - 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.