520 Santa Rosa Blvd Unit 109, Fort Walton Beach, FL 32548
$639,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,347
Status:
Active
Current Price:
$639,000
List Date:
1/23/2026
Last Modified:
3/07/2026
Description
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
Supplements: 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.
More Information MLS# 993612
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 474.39
List Date: 2026-01-23
Current Price: $639,000
List Price: $639,000
Location, Tax and Legal
Unit #: Unit 109
Sub Area: 1201 - Okaloosa Island
Elementary School: Elliott Point
Middle School: Bruner
High School: Fort Walton Beach
Legal Description: ISLAND PRINCESS CONDO UNIT 109
General Property Info
Sub-Type: Condominium
Design: N/A
SqFt Source: County PA Records
Stories In Unit: 1
Unit Floors Above Ground: 1
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): 1347
Bedrooms: 3
Full Baths: 3
Total Bathrooms: 3
Year Built: 1999
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 3580.21
Annual Assessment Amount: 14320.84
Assessment Paid: Quarterly
New Buyer Fee: No
Last Taxes: 6520.62
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: 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
Waterfront
Gulf: 1
Unit Waterfront: 1
Construction Status
Construction Complete: 1
Parking Features
Garage: 1
Waterview
Gulf: 1
Project Facilities
BBQ Pit/Grill: 1
Beach: 1
Deed Access: 1
Dumpster: 1
Elevators: 1
Exercise Room: 1
Fishing: 1
Gated Community: 1
Pets Allowed: 1
Pool: 1
Short Term Rental - Allowed: 1
TV Cable: 1
Waterfront: 1
Whirlpool: 1
Construction/Siding
Concrete: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
Exterior
Patio Enclosed: 1
Patio Open: 1
Interior
Breakfast Bar: 1
Built-In Bookcases: 1
Floor Tile: 1
Furnished - All: 1
Lighting Recessed: 1
Newly Painted: 1
Owner's Closet: 1
Pantry: 1
Renovated: 1
Shelving: 1
Washer/Dryer Hookup: 1
Window Treatment All: 1
Financing
Conventional: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Microwave: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Smooth Stovetop Rnge: 1
Stove/Oven Electric: 1
Washer: 1
Energy
AC - Central Elect: 1
Heat Cntrl Electric: 1
Water Heater - Elect: 1
Mstr Bdrm/Mstr Bath
MBath Separate Shwr: 1
MBath Shower Only: 1
MBath Tile: 1
MBed First Floor: 1
Master Bedroom
First: 1
Bedroom
First: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Covered Porch: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Insurance: 1
Management: 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 Blvd
State: FL
Zip Code: 32548
County: Okaloosa
Project Name/Subdivision: ISLAND PRINCESS
Parcel ID: 00-2S-24-4193-0000-0109
Property Features
Construction Status: Construction Complete
Waterfront: Gulf; Unit Waterfront
Waterview: Gulf
Parking Features: Garage
Project Facilities: BBQ Pit/Grill; Beach; Deed Access; Dumpster; Elevators; Exercise Room; Fishing; Gated Community; Pets Allowed; Pool; Short Term Rental - Allowed; TV Cable; Waterfront; Whirlpool
Exterior: Patio Enclosed; Patio Open
Interior: 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
Utilities: Electric; Public Sewer; Public Water
Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect
Master Bedroom: First
Bedroom: First
Kitchen: First
Living Room: First
Rooms: Bedroom; Covered Porch; Kitchen; Living Room; Master Bedroom
Financing: Conventional
Fees Include: Accounting; Ground Keeping; Insurance; Management; Trash; TV Cable; Water
Room Information
Living Room
Level: First
Dimensions: 19 x 15
Length: 19.00
Width: 15.00
Dimensions: 19 x 15
Kitchen
Level: First
Dimensions: 15 x 8
Length: 15.00
Width: 8.00
Dimensions: 15 x 8
Master Bedroom
Level: First
Dimensions: 16 x 12
Length: 16.00
Width: 12.00
Dimensions: 16 x 12
Bedroom
Level: First
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Bedroom
Level: First
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Covered Porch
Level: First
Dimensions: 15 x 6
Length: 15.00
Width: 6.00
Dimensions: 15 x 6
Documents
Isalnd Princess 2025 budget ›
Listing Office:
Compass
Listing Agent:
James D Fish
Last Updated: March - 07 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.