520 Santa Rosa Boulevard 203, Fort Walton Beach, FL 32548

New Listing
$575,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,089 Status: Active
Current Price: $575,000 List Date: 4/15/2026 Last Modified: 4/20/2026

Description

Paradise is within reach at Island Princess on Okaloosa Island! Unit 203 has been recently updated (2025) with a brand new kitchen, HVAC and bathroom updates. Fully furnished and already on the rental market - this one is completely ready to go! The views and privacy of the balcony are second to none. Island Princess has a seasonally heated pool, jacuzzi, fitness room and a great grilling area. All required inspections have been executed. With its recent updates and upgrades to the exterior (and no upcoming assessments) - you can have peace of mind knowing this building is in tip top shape. Put your flip flops on and come see this one for yourself!

More Information MLS# 1000698

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 528.01 List Date: 2026-04-15 Current Price: $575,000 List Price: $575,000

Location, Tax and Legal

Unit #: 203 Sub Area: 1201 - Okaloosa Island Elementary School: Mary Esther Middle School: Bruner High School: Fort Walton Beach Legal Description: ISLAND PRINCESS CONDO UNIT 203

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: County PA Records Stories In Unit: 1 Stories in Building: 7 Unit Floors Above Ground: 2 Immediate Occupancy: Yes Pre-Const Flip: No Garage: Yes Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 1089 Bedrooms: 2 Full Baths: 2 Total Bathrooms: 2 Year Built: 1999

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 2894.47 Annual Assessment Amount: 11577.88 Assessment Paid: Quarterly New Buyer Fee: No New Buyer Fee Paid: $ Last Taxes: 6424.31 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Paradise is within reach at Island Princess on Okaloosa Island! Unit 203 has been recently updated (2025) with a brand new kitchen, HVAC and bathroom updates. Fully furnished and already on the rental market - this one is completely ready to go! The views and privacy of the balcony are second to none. Island Princess has a seasonally heated pool, jacuzzi, fitness room and a great grilling area. All required inspections have been executed. With its recent updates and upgrades to the exterior (and no upcoming assessments) - you can have peace of mind knowing this building is in tip top shape. Put your flip flops on and come see this one for yourself!

Waterfront

Gulf: 1

Construction Status

Construction Complete: 1

Parking Features

Garage Detached: 1

Waterview

Gulf: 1

Project Facilities

BBQ Pit/Grill: 1 Beach: 1 Community Room: 1 Dumpster: 1 Elevators: 1 Exercise Room: 1 Pool: 1 Short Term Rental - Allowed: 1 TV Cable: 1 Waterfront: 1

Construction/Siding

Concrete: 1 Steel: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Exterior

Balcony: 1

Interior

Breakfast Bar: 1 Floor Tile: 1 Furnished - All: 1 Owner's Closet: 1 Renovated: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Financing

Conventional: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Tile: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Full Bathroom

First: 1

Rooms

Bedroom: 1 Full Bathroom: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Security: 1 Sewer: 1 Trash: 1 TV Cable: 1 Water: 1

Status Change Info

Status: Active

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 Parcel ID: 00-2S-24-4193-0000-0203

Property Features

Construction Status: Construction Complete Waterfront: Gulf Waterview: Gulf Parking Features: Garage Detached Project Facilities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Elevators; Exercise Room; Pool; Short Term Rental - Allowed; TV Cable; Waterfront Exterior: Balcony Interior: Breakfast Bar; Floor Tile; Furnished - All; Owner's Closet; Renovated; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Dryer; Microwave; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Bedroom; Full Bathroom; Kitchen; Living Room; Master Bedroom Financing: Conventional Fees Include: Accounting; Ground Keeping; Security; Trash; TV Cable; Water

Room Information

Kitchen Level: First Dimensions: 8 x 15 Length: 8.00 Width: 15.00 Dimensions: 8 x 15 Living Room Level: First Dimensions: 17 x 15 Length: 17.00 Width: 15.00 Remarks: Living/Dining Dimensions: 17 x 15 Master Bedroom Level: First Dimensions: 12 x 15 Length: 12.00 Width: 15.00 Dimensions: 12 x 15 Bedroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Full Bathroom Level: First Dimensions: 12 x 15 Length: 12.00 Width: 15.00 Dimensions: 12 x 15 Full Bathroom Level: First Dimensions: 12 x 7 Length: 12.00 Width: 7.00 Dimensions: 12 x 7
Listing Office: NextHome Cornerstone Realty
Last Updated: April - 20 - 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.