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520 Santa Rosa Boulevard 100, Fort Walton Beach, FL 32548 (MLS# 997424)

520 Santa Rosa Boulevard 100, Fort Walton Beach, FL 32548

$569,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,347 Status: Active
Current Price: $569,000 List Date: 3/09/2026 Last Modified: 6/18/2026

Description

Island Princess #100 offers a Gulf-front ownership opportunity on Okaloosa Island with projected annual vacation rental income of approximately $60,000. This 1,347 square foot, 3-bedroom, 3-bathroom condo combines direct Gulf views, brand-new appliances, and a layout designed for both personal enjoyment and vacation rental use. The open living, dining, and kitchen area is positioned to take advantage of Gulf views and natural light. Large sliding glass doors connect the main living space to a private Gulf-front balcony, creating an easy indoor-outdoor flow centered around the water. The kitchen features brand-new stainless steel appliances, providing an updated and functional space for everyday use or guest stays. The Gulf-front primary bedroom includes balcony access and water views. Two additional bedrooms provide flexible sleeping space for guests, owners, or vacation renters, making the 3-bedroom layout valuable for both rental performance and personal use. Island Princess is a well-maintained Gulf-front resort with a beachfront pool, hot tub, fitness center, and direct beach access. The Okaloosa Island location offers convenient access to Destin Harbor, restaurants, shopping, entertainment, and local attractions. Buyer to verify all dimensions.

More Information MLS# 997424

General Property Info

userdefined76: 3 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: No Carport: No Carport Spaces: 1 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

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 422.42 List Date: 2026-03-09 Current Price: $569,000 List Price: $569,000

Location, Tax and Legal

Unit #: 100 Sub Area: 1201 - Okaloosa Island Elementary School: Elliott Point Middle School: Bruner High School: Fort Walton Beach Legal Description: ISLAND PRINCESS CONDO UNIT 100

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 New Buyer Fee Paid: $ Last Taxes: 7240.51 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Island Princess #100 offers a Gulf-front ownership opportunity on Okaloosa Island with projected annual vacation rental income of approximately $60,000. This 1,347 square foot, 3-bedroom, 3-bathroom condo combines direct Gulf views, brand-new appliances, and a layout designed for both personal enjoyment and vacation rental use. The open living, dining, and kitchen area is positioned to take advantage of Gulf views and natural light. Large sliding glass doors connect the main living space to a private Gulf-front balcony, creating an easy indoor-outdoor flow centered around the water. The kitchen features brand-new stainless steel appliances, providing an updated and functional space for everyday use or guest stays. The Gulf-front primary bedroom includes balcony access and water views. Two additional bedrooms provide flexible sleeping space for guests, owners, or vacation renters, making the 3-bedroom layout valuable for both rental performance and personal use. Island Princess is a well-maintained Gulf-front resort with a beachfront pool, hot tub, fitness center, and direct beach access. The Okaloosa Island location offers convenient access to Destin Harbor, restaurants, shopping, entertainment, and local attractions. Buyer to verify all dimensions.

Waterfront

Gulf: 1

Construction Status

Construction Complete: 1

Waterview

Gulf: 1

Project Facilities

BBQ Pit/Grill: 1 Beach: 1 Deed Access: 1 Dumpster: 1 Elevators: 1 Pool: 1 Short Term Rental - Allowed: 1

Construction/Siding

Concrete: 1 Stucco: 1

Utilities

Electric: 1 Phone: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Exterior

BBQ Pit/Grill: 1 Hot Tub: 1 Patio Open: 1

Interior

Floor Tile: 1 Floor Vinyl: 1 Furnished - All: 1 Kitchen Island: 1 Owner's Closet: 1 Renovated: 1

Financing

Conventional: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Tile: 1 MBed First Floor: 1 MBed Waterfront: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Rooms

Bedroom: 1 Dining Area: 1 Kitchen: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Insurance: 1 Internet Service: 1 Management: 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 Street Suffix: Boulevard State: FL Zip Code: 32548 County: Okaloosa Project Name/Subdivision: ISLAND PRINCESS CONDO UNIT 100 Parcel ID: 00-2S-24-4193-0000-0100

Property Features

Construction Status: Construction Complete Waterfront: Gulf Waterview: Gulf Project Facilities: BBQ Pit/Grill; Beach; Deed Access; Dumpster; Elevators; Pool; Short Term Rental - Allowed Exterior: BBQ Pit/Grill; Hot Tub; Patio Open Interior: Floor Tile; Floor Vinyl; Furnished - All; Kitchen Island; Owner's Closet; Renovated Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Rooms: Bedroom; Dining Area; Kitchen; Master Bedroom Financing: Conventional Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Management; Trash; TV Cable; Water

Room Information

Dining Area Level: First Dimensions: 19 x 15 Length: 19.00 Width: 15.00 Dimensions: 19 x 15 Bedroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Master Bedroom Level: First Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Kitchen Level: First Dimensions: 15 x 8 Length: 15.00 Width: 8.00 Dimensions: 15 x 8 Bedroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11
Listing Office: Compass
Listing Agent: Christina M Schlink
Last Updated: June - 18 - 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.