Date
Details
Price
Change
Source
4/22/2026
Listed
$615,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/54
$615,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/54
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.
Full Property Details
Full Property Details for 520 Santa Rosa Blvd #405
General
- Price: $615,000
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1001274
- Updated: 4/22/2026
- Added to Site: 9 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Community Room, Deed Access, Elevators, Exercise Room, Pool, TV Cable, Waterfront
Interior
- Number of Rooms: 4
- Interior Features: Breakfast Bar, Owner's Closet, Washer/Dryer Hookup
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Laminate, Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
- Security/Safety: Fire Alarm/Sprinkler
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Covered, Deeded
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: ISLAND PRINCESS
- Driving Directions: Directions: From Highway 98, turn West onto Santa Rosa Blvd. Go approximately one mile and Island Princess will be on your left.
School Information
- Elementary School: Elliott Point
- Middle School: Bruner
- High School: Choctawhatchee
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Insurance, Licenses/Permits, Management, Recreational Faclty, Sewer, Water, Cable TV, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Construction: Concrete, Stucco
- Exterior Const.: Concrete, Stucco
- Stories/Levels: 7
- Square Feet: 1,089
- Sq. Ft. Source: County PA Records
- Year Built: 1999
Lot Features
- Property View: Gulf
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Unit Waterfront, Gulf, Gulf/Pass
Financial Considerations
- Assessment Amount: $2,671
- Tax Year: 2025
Disclosures and Reports
- Legal Description: ISLAND PRINCESS CONDO UNIT 405
- APN: 00-2S-24-4193-0000-0405
- Property ID: 00-2S-24-4193-0000-0405
Listed by ERA American Real Estate
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 520 Santa Rosa Blvd #405 —
ERA American Real Estate
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 520 Santa Rosa Blvd #405
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Elliott Point Elementary School 301 Hughes Street Northeast, Fort Walton Beach, FL 32548 | PK-5 | 1.8 mi |
Max Bruner Junior Middle School 322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548 | 6-8 | 2 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 520 Santa Rosa Blvd #405
Tax History
Tax History for 520 Santa Rosa Blvd #405
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,542
3%
$521,250
-3%
2024
$6,337
7%
$537,000
5%
2023
$5,940
30%
$512,000
55%
2021
$4,555
-16%
$330,000
-29%
2022
$5,446
20%
$465,000
43%
2021
$4,555
3%
$325,000
—
2019
$4,411
15%
$325,000
18%
2018
$3,838
2%
$275,000
5%
2017
$3,761
7%
$262,000
5%
2016
$3,504
6%
$249,500
10%
2015
$3,291
7%
$227,000
9%
2013
$3,084
—
$209,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 520 Santa Rosa Blvd #405
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Condo
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,145Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,050Sq. Ft.
- Condo
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,430Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Duplex
- Active
- Updated 11 hours ago
- 2Beds
- 2Total Baths
- 1,184Sq. Ft.
Listed by Trey Ellison (850) 374-2117
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,252Sq. Ft.
Listed by The Proper Group (850) 461-8732
- Single Family
- Active
- Updated 20 hours ago
- 4Beds
- 2Total Baths
- 2,324Sq. Ft.
- Single Family
- Active
- Updated 6 hours ago
- 3Beds
- 2Total Baths
- 1,968Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Townhouse
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
- 1,466Sq. Ft.
- Townhouse
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
- 1,466Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 868Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,970Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
520 Santa Rosa Boulevard #405, Fort Walton Beach, FL 32548 (MLS# 1001274) is a Condo property with 2 bedrooms and 2 full bathrooms. 520 Santa Rosa Boulevard #405 is currently listed for $615,000 and was received on April 22, 2026. Want to learn more about 520 Santa Rosa Boulevard #405? Do you have questions about finding other Condo real estate for sale in Fort Walton Beach? You can browse all Fort Walton Beach real estate or contact a Coldwell Banker agent to request more information.