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$849,900 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,156 Sq. Ft.
  • Updated 5 days ago
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An exceptional rental opportunity awaits on coveted Okaloosa Island. This beautifully renovated corner-unit condo offers a turnkey investment with stunning Gulf views all around with and an inviting, upscale atmosphere designed to impress guests. The property has undergone a comprehensive makeover, thoughtfully incorporating high-end upgrades throughout. Highlights include a beautifully updated kitchen with new appliances, a striking waterfall granite island, an upgraded bathroom featuring designer tile, enhanced interior flooring, calming neutral paint selections, and upgraded lighting fixtures. All furnishings convey with the property, making this a truly turnkey opportunity that is ready to welcome guests from day one. The unit is currently projected to gross approximately $69,000 in 2026, with revenue already established for 2027--providing both immediate rental potential and a strong foundation for continued income. With its prime location, exceptional Gulf views, sophisticated updates, and established rental revenue, this is an outstanding opportunity to own a stylish and income-producing retreat in one of the Emerald Coast's most sought-after destinations.

Full Property Details for 866 Santa Rosa #318

General

  • Price: $849,900
  • Taxes: $6,755 (2025)
  • Status: Active
  • Type: Condo
  • Source: Emerald_Coast
  • MLS ID: 1010230
  • Updated: 8/20/2026
  • Added to Site: 6 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Dumpster, Elevators, Exercise Room, Fishing, Handicap Provisions, Picnic Area, Pool, TV Cable, Waterfront

Interior

  • Number of Rooms: 6
  • Interior Features: Breakfast Bar, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Newly Painted, Washer/Dryer Hookup
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
  • Furnishings: Furnished - All
  • Flooring: Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Pool: Yes
  • Pool Description: Pool - In-Ground, Pool Type
  • Security/Safety: Fire Alarm/Sprinkler

Exterior

  • Exterior Features: Balcony

Location

  • Area: 12 - Fort Walton Beach
  • County: Okaloosa
  • Subdivision: PELICAN ISLE
  • Driving Directions: Santa Rosa Blvd to Venus Ct and then take a left. Pelican Isle Condominium will be straight ahead.

School Information

  • Elementary School: Edwins
  • Middle School: Bruner
  • High School: Fort Walton Beach

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Ground Keeping, Insurance, Internet Service, Licenses/Permits, Management, Recreational Faclty, Security, 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
  • Exterior Const.: Concrete
  • Stories/Levels: 7
  • Square Feet: 1,156
  • Sq. Ft. Source: County PA Records
  • Year Built: 2002

Lot Features

  • Property View: Gulf

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Gulf

Financial Considerations

  • Assessment Amount: $1,242
  • Tax Amount: $6,755
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: PELICAN ISLE CONDO UNIT 318
  • APN: 00-2S-24-2183-0000-0318
  • Property ID: 00-2S-24-2183-0000-0318

Listed by Fathom Realty FL LLC

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Listing agent

— 866 Santa Rosa #318 —

  • Fathom Realty FL LLC

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 866 Santa Rosa #318

School District:Okaloosa County School District
NameGradesDistance
Elliott Point Elementary School
301 Hughes Street Northeast, Fort Walton Beach, FL 32548
PK-52.4 mi
Max Bruner Junior Middle School
322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548
6-81.5 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-121.3 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 866 Santa Rosa #318 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/20/2026
Listed
$849,900
66.65%
MLS
5/24/2021
Sold
$510,000
—
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 866 Santa Rosa #318

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,755
-1%
$515,000
—
2024
$6,808
5%
$515,000
—
2023
$6,492
38%
$515,000
47%
2021
$4,717
-17%
$350,000
-18%
2022
$5,710
21%
$425,000
39%
2021
$4,717
16%
$305,000
2%
2019
$4,072
6%
$300,000
9%
2018
$3,838
-2%
$275,000
—
2017
$3,933
5%
$274,000
3%
2016
$3,736
6%
$266,000
9%
2015
$3,531
10%
$244,000
10%
2014
$3,219
7%
$221,000
8%
2013
$3,010
—
$204,000
—
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 866 Santa Rosa #318

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

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with our affiliated lender
NMLS#: 1598647

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Listed by Fathom Realty FL LLC

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866 Santa Rosa #318, Fort Walton Beach, FL 32548 (MLS# 1010230) is a Condo property with 2 bedrooms and 2 full bathrooms. 866 Santa Rosa #318 is currently listed for $849,900 and was received on August 20, 2026. Want to learn more about 866 Santa Rosa #318? 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.

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