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

> **TL;DR:** 2bd/2ba condo, $615,000 ($565/sqft), built 1999, 1,089 sqft.
> Waterfront, A/C. Est. $5,336/mo. Listed 40 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $615,000 |
| Price/sqft | $565 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 1,089 |
| Year Built | 1999 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 40 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,665 |
| HOA | $2,671 |
| **Total** | **$5,336** |

## Nearby Schools

- **Elementary:** Elliott Point
- **Middle:** Bruner
- **High:** Choctawhatchee

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 1999
- Waterfront

## Description

### 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 record 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.

## Location

- **Address:** 520 Santa Rosa Boulevard, Fort Walton Beach, FL 32548
- **County:** Okaloosa
- **Neighborhood:** ISLAND PRINCESS
- **Coordinates:** 30.396667, -86.61121
- **Google Maps:** https://www.google.com/maps?q=30.396667,-86.61121

## Listing Agent

- **Name:** Marisela F Molnar
- **Brokerage:** ERA American Real Estate
- **Phone:** 8503050936
- **Email:** mariselamolnarrealtor@gmail.com

## Primary Photo

![520 Santa Rosa Boulevard - Primary Photo](http://lh.rdcpix.com/25bd2415c2ed6b19dc35da5d6961877al-f4099649629r.jpg)

*55 total photos available on [listing page](https://www.propertysimple.com/listing/520-santa-rosa-boulevard-fort-walton-beach-fl-32548-1001274)*

---

**MLS#:** 1001274 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/520-santa-rosa-boulevard-fort-walton-beach-fl-32548-1001274)

---

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