Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 2-bedroom, 2-bathroom condo at 520 Santa Rosa Boulevard in Fort Walton Beach, FL is listed for $615,000 ($565 per sqft). Built in 1999, the home offers 1,089 sqft of living space on a N/A lot.

Agent Description

Turn-Key Gulf-Front Investment with Proven Rental Income at Island Princess Welcome to one of Okaloosa Island's premier Gulf-front resorts where strong rental history meets effortless coastal living. This beautifully maintained 2-bedroom, 2-bath unit has been owned by the same owner for over 20 years and offers a consistent, proven rental track rec

ord making it an exceptional opportunity for investors or those seeking a second home that pays for itself. Step inside to a spacious, open floor plan designed to maximize both comfort and views. Enjoy unobstructed Gulf views from the living room and primary suite, with two access points leading to a private covered balcony perfect for morning coffee, sunset watching, and spotting dolphins right offshore.

This unit is truly turn-key and rental -ready, offered fully furnished with updated decor and furnishings, stainless steel appliances, updated gold kitchen and bath hardware, all white kitchen cabinets and countertops giving the luxurious-beachy vibe, plus an updated HVAC system and water heater.

Additional conveniences include deeded covered parking and in-unit laundry. Residents and guests enjoy resort-style amenities including a Gulf-front pool, hot tub, beach service available for guest, and approximately 500 feet of pristine white sand beach.

Location is everything and this unit delivers. Just minutes from: The Boardwalk on Okaloosa Island for dining, shopping, and nightlife Gulfarium Marine Adventure Park for family-friendly entertainment Okaloosa Island Pier for fishing and sightseeing HarborWalk Village just a short drive away for waterfront dining, boating, and events.

Plus easy access to grocery stores, beach shops, and local favorites throughout Fort Walton Beach and Destin Whether you're looking for a high-performing vacation rental, a second home, or a full-time beachfront retreat, this unit checks every box.

Key Features

  • Built in 1999
  • Waterfront

Property Details

2 full
#405
1999

Amenities

WaterfrontA/C

Monthly Cost Estimate

$5,960/mo

20% down · 6.5% · 30 years

Principal$445
Interest$2,665
Insurance$179
HOA$2,671

Estimates only. Actual payments may vary.

Location

520 Santa Rosa Boulevard

Fort Walton Beach, FL 32548

ISLAND PRINCESS

Features & Amenities

Interior Features

Breakfast BarOwner's ClosetWasher/Dryer Hookup

Exterior Features

Balcony

Property Details

Flooring

TileLaminate

Construction

Concrete Stucco

Parking

Covered

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalDryerMicrowaveRefrigeratorSmoke DetectorStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 2-bedroom, 2-bathroom condo at 520 Santa Rosa Boulevard is listed at $615,000 ($565/sqft). The estimated monthly payment is $5,336 based on 20% down at 6.5% interest.

HOA fees are $2671/month.

Key features include: Built in 1999, Waterfront. Interior Features: Breakfast Bar, Owner's Closet, Washer/Dryer Hookup. Exterior Features: Balcony.

This property is listed by Marisela F Molnar and can be reached at 8503050936 or mariselamolnarrealtor@gmail.com.

MM

Marisela F Molnar

Agent at ERA American Real Estate

(850) 305-0936

Listed by ERA American Real Estate · View on Broker Site

MLS# 1001274· Source: listhub· Updated 40 days ago

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

520 Santa Rosa Boulevard, Fort Walton Beach, FL 32548

Open this listing in: