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$689,500

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,244 Sq. Ft.
  • Updated 1 day ago

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Welcome to Unit 506 at Pelican Isle Condominiums, a beautifully maintained Gulf-front condo located on the sugar-white sands of Okaloosa Island, This 2-bedroom, 2-bath unit with hallway bunk beds offers the perfect blend of elevated coastal style, comfort, and investment potential in one of the most desirable beachfront locations along the Emerald Coast. Inside, you'll find a bright and open living space designed to highlight the stunning Gulf views. Large sliding glass doors lead to a private balcony overlooking the emerald water and white sand beaches, creating the perfect setting for morning coffee or sunset relaxation. The kitchen flows easily into the dining and living areas, making it ideal for entertaining or unwinding after a day on the beach. The bonus hallway bunks provide additional sleeping space, making this condo especially attractive for vacation rentals or hosting guests. The spacious primary suite offers a peaceful retreat, while the second bedroom and guest bath provide comfort and privacy for visitors. Pelican Isle amenities include direct beach access, a Gulf-front pool, hot tub, fitness center, and covered parking, all just minutes from dining, entertainment, and shopping in Fort Walton Beach and nearby Destin. Whether you're searching for a Gulf-front investment property, vacation rental, or personal beach escape**, this condo delivers location, views, and lifestyle on the Emerald Coast.

Full Property Details for 866 Santa Rosa Blvd #506

General

  • Price: $689,500
  • Taxes: $7,673 (2025)
  • Status: Active
  • Type: Condo
  • Source: Emerald_Coast
  • MLS ID: 997404
  • Updated: 4/13/2026
  • Added to Site: 36 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: 5
  • Interior Features: Breakfast Bar, Hallway Bunk Beds, Washer/Dryer Hookup
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, 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 Type
  • Security/Safety: Fire Alarm/Sprinkler

Exterior

  • Exterior Features: Balcony

Location

  • Area: 12 - Fort Walton Beach
  • County: Okaloosa
  • Subdivision: PELICAN ISLE
  • Driving Directions: FROM HWY 98, TURN ONTO SANTA ROSA BLVD. AND FOLLOW DOWN TO PELICAN ISLE IS ON THE GULF SIDE

School Information

  • Elementary School: Elliott Point
  • 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: 6
  • Square Feet: 1,244
  • Sq. Ft. Source: Appraiser
  • 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: $7,673.16
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: Condominium Unit No. 506, PELICAN ISLE CONDOMINIUMS, together with an undivided interest in the common elements, according to the Declaration of Condominium thereof recorded in Official Records Book 2387, Page 1010, as amended from time to time, of the Public Records of Okaloosa County, Florida.
  • APN: 00-2S-24-2183-0000-0506
  • Property ID: 00-2S-24-2183-0000-0506

Listed by Compass

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— 866 Santa Rosa Blvd #506 —

  • Compass

  • Compass

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Be ready to buy your new home!

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 866 Santa Rosa Blvd #506

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 Blvd #506 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/09/2026
Listed
$689,500
-6.19%
MLS
12/02/2022
Sold
$735,000
—
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 Blvd #506

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,673
-1%
$585,000
—
2024
$7,740
-1%
$585,000
—
2023
$7,798
54%
$585,000
46%
2021
$5,057
-8%
$400,000
-13%
2022
$5,513
9%
$460,000
48%
2021
$5,057
22%
$310,000
2%
2019
$4,139
2%
$305,000
5%
2018
$4,047
-2%
$290,000
1%
2017
$4,141
10%
$288,500
8%
2016
$3,750
6%
$267,000
10%
2015
$3,523
9%
$243,000
9%
2014
$3,234
7%
$222,000
8%
2013
$3,025
—
$205,000
—
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 Blvd #506

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

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866 Santa Rosa Boulevard #506, Fort Walton Beach, FL 32548 (MLS# 997404) is a Condo property with 2 bedrooms and 2 full bathrooms. 866 Santa Rosa Boulevard #506 is currently listed for $689,500 and was received on March 09, 2026. Want to learn more about 866 Santa Rosa Boulevard #506? 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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