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$645,000

  • For Sale
  • Active
  • Condo / Townhouse
  • 3 Beds
  • 3 Full Baths
  • 1,347 Sq. Ft.
  • Updated 6 days ago
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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 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.

Full Property Details for 520 Santa Rosa Blvd #Unit 109

General

  • Price: $645,000
  • Taxes: $6,520 (2025)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Emerald_Coast
  • MLS ID: 993612
  • Updated: 2/13/2026
  • Added to Site: 27 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Covered Porch, Kitchen, Living Room, Master Bedroom
  • Interior Features: 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

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Living Room: Living Room
  • Kitchen: Kitchen
  • Porch: Covered Porch

Additional Information

  • Shared Amenities: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Pets Allowed, Pool, Short Term Rental - Allowed, TV Cable, Waterfront, Whirlpool
  • Pool: Yes

Exterior

  • Exterior Features: Patio Enclosed, Patio Open

Parking

  • Garage: Yes
  • Parking: Garage

Location

  • Area: 12 - Fort Walton Beach
  • County: Okaloosa
  • Subdivision: Island Princess
  • Driving Directions: From Highway 98 on Okaloosa Island turn onto Santa Rosa Blvd. Goapproximately one mile and Island Princess will be on your left.

School Information

  • Elementary School: Elliott Point
  • Middle School: Bruner
  • High School: Fort Walton Beach

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect

Utilities

  • Utility Description: Electric, Public Sewer, Public Water

Structural Information

  • Construction: Concrete
  • Stories/Levels: 0
  • Square Feet: 1,347
  • Sq. Ft. Source: County PA Records
  • Year Built: 1999

Lot Features

  • Property View: Gulf

Water Features

  • Water Front Type: Gulf, Unit Waterfront

Financial Considerations

  • Assessment Amount: $3,580
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $6,520
  • Tax Year: 2025
  • Terms: Conventional

Disclosures and Reports

  • Legal Description: ISLAND PRINCESS CONDO UNIT 109
  • Assessment: Yes
  • APN: 00-2S-24-4193-0000-0109

Listed by Compass

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— 520 Santa Rosa Blvd #Unit 109 —

  • Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 520 Santa Rosa Blvd #Unit 109

School District:Okaloosa County School District
NameGradesDistance
Elliott Point Elementary School
301 Hughes Street Northeast, Fort Walton Beach, FL 32548
PK-51.8 mi
Max Bruner Junior Middle School
322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548
6-82 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 520 Santa Rosa Blvd #Unit 109 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/23/2026
Listed
$645,000
8.4%
MLS
5/08/2024
Sold
$595,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 520 Santa Rosa Blvd #Unit 109

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,252
-4%
$552,900
-3%
2024
$7,541
1%
$570,000
—
2023
$7,441
71%
$570,000
80%
2021
$4,361
-35%
$316,000
-37%
2022
$6,717
54%
$500,000
62%
2021
$4,361
-2%
$308,000
-6%
2019
$4,441
2%
$327,250
4%
2018
$4,375
2%
$313,500
5%
2017
$4,302
10%
$299,725
8%
2016
$3,902
7%
$277,875
10%
2015
$3,663
5%
$252,700
6%
2014
$3,487
3%
$239,400
4%
2013
$3,400
—
$230,400
—
View All
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 for 520 Santa Rosa Blvd #Unit 109

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Compass

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520 Santa Rosa Blvd #Unit 109, Fort Walton Beach, FL 32548 (MLS# 993612) is a Condo / Townhouse property with 3 bedrooms and 3 full bathrooms. 520 Santa Rosa Blvd #Unit 109 is currently listed for $645,000 and was received on January 23, 2026. Want to learn more about 520 Santa Rosa Blvd #Unit 109? Do you have questions about finding other Condo / Townhouse 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.

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