520 Santa Rosa Boulevard 705, Fort Walton Beach, FL 32548

$699,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,089 Status: Active
Current Price: $699,000 List Date: 4/21/2026 Last Modified: 5/01/2026

Description

Discover the pinnacle of luxury at Island Princess, one of Okaloosa Island's premier Gulf front resorts! This premium 2-bedroom, 2-bath unit features deeded covered parking, in-unit laundry, and a spacious floor plan, making it perfect as a primary residence, second home, or investment property. Enjoy unobstructed Gulf views from the living room and master bedroom, offering a unique vantage point to spot dolphins and other mesmerizing marine life right from the comfort of your own penthouse. Fully furnished with new stainless appliances, new bar height dining room table and chairs, new bedroom furniture, and 2025 HVAC. Rental ready offering exceptional amenities, including a Gulf-front swimming pool with a hot tub, free beach service until November, and nearly 500' of pristine beach.

More Information MLS# 1001127

General Property Info

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

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 641.87 List Date: 2026-04-21 Current Price: $699,000 List Price: $699,000

Location, Tax and Legal

Unit #: 705 Sub Area: 1201 - Okaloosa Island Elementary School: Elliott Point Middle School: Bruner High School: Choctawhatchee Legal Description: ISLAND PRINCESS CONDO UNIT 705

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 2671.07 Annual Assessment Amount: 10684.28 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 150 New Buyer Fee Paid: $ Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Discover the pinnacle of luxury at Island Princess, one of Okaloosa Island's premier Gulf front resorts! This premium 2-bedroom, 2-bath unit features deeded covered parking, in-unit laundry, and a spacious floor plan, making it perfect as a primary residence, second home, or investment property. Enjoy unobstructed Gulf views from the living room and master bedroom, offering a unique vantage point to spot dolphins and other mesmerizing marine life right from the comfort of your own penthouse. Fully furnished with new stainless appliances, new bar height dining room table and chairs, new bedroom furniture, and 2025 HVAC. Rental ready offering exceptional amenities, including a Gulf-front swimming pool with a hot tub, free beach service until November, and nearly 500' of pristine beach.

Waterfront

Gulf: 1

Construction Status

Construction Complete: 1

Parking Features

Covered: 1 Deeded: 1

Waterview

Gulf: 1

Project Facilities

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

Construction/Siding

Concrete: 1 Stucco: 1

Utilities

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

Exterior

Balcony: 1

Interior

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

Financing

Conventional: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Fire Alarm/Sprinkler: 1 Microwave: 1 Refrigerator: 1 Smoke Detector: 1 Stove/Oven Electric: 1 Washer: 1

Energy

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

Mstr Bdrm/Mstr Bath

MBath Tile: 1 MBed Balcony: 1 MBed Waterfront: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Insurance: 1 Licenses/Permits: 1 Management: 1 Recreational Faclty: 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-24-4193-0000-0705

Property Features

Construction Status: Construction Complete Waterfront: Gulf Waterview: Gulf Parking Features: Covered; Deeded Project Facilities: BBQ Pit/Grill; Beach; Community Room; Deed Access; Elevators; Exercise Room; Pool; Short Term Rental - Allowed; TV Cable; Waterfront Exterior: Balcony Interior: Breakfast Bar; Floor Laminate; Floor Tile; Furnished - All; Newly Painted; Owner's Closet; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Refrigerator; 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 Living Room: First Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Financing: Conventional Fees Include: Accounting; Ground Keeping; Insurance; Licenses/Permits; Management; Recreational Faclty; Trash; TV Cable; Water

Room Information

Living Room Level: First Dimensions: 18 x 15 Length: 18.00 Width: 15.00 Remarks: Living room/ Dining room combined Dimensions: 18 x 15 Master Bedroom Level: First Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Bedroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Kitchen Level: First Dimensions: 12 x 8 Length: 12.00 Width: 8.00 Dimensions: 12 x 8
Listing Office: Compass
Last Updated: May - 01 - 2026
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