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About This Home

This 3-bedroom, 3-bathroom condo at 520 Santa Rosa Boulevard in Fort Walton Beach, FL is listed for $569,900 ($423 per sqft). Built in 1999, the home offers 1,347 sqft of living space on a N/A lot.

Agent Description

Projected to generate approximately $60,000 in annual vacation rental income, Island Princess #100 offers a rare opportunity to own a Gulf-front 3-bedroom condo on Okaloosa Island with both strong investment potential and incredible views. This spacious condo features an open living, dining, and kitchen layout designed to take full advantage of the beautiful emerald waters just outside your balcony.

Large sliding glass doors bring in natural light and lead to the private Gulf-front balcony where you can relax, enjoy coastal breezes, and take in stunning sunsets over the water. The kitchen is equipped with granite countertops and stainless appliances, creating a functional and inviting space for preparing meals after a day at the beach.

The Gulf-front primary bedroom offers balcony access and water views, while two additional bedrooms provide plenty of space for family and guests, making this layout ideal for vacation rentals or personal use. Island Princess is a well-maintained Gulf-front resort offering amenities including a beachfront pool, hot tub, fitness center, and direct beach access. Located on Okaloosa Island, you are just minutes from Destin Harbor, restaurants, shopping, and local attractions.

Key Features

  • Built in 1999
  • Waterfront

Property Details

1 story
3 full
#100
1999

Amenities

WaterfrontA/C

Monthly Cost Estimate

$6,628/mo

20% down · 6.5% · 30 years

Principal$412
Interest$2,470
Insurance$166
HOA$3,580

Estimates only. Actual payments may vary.

Location

520 Santa Rosa Boulevard

Fort Walton Beach, FL 32548

ISLAND PRINCESS CONDO UNIT 100

Features & Amenities

Interior Features

Kitchen IslandOwner's Closet

Exterior Features

BBQ Pit/GrillHot Tub

Property Details

Flooring

TileVinyl

Construction

Concrete Stucco

Pool Features

Patio

Cooling

Central Air

Appliances

DishwasherDisposalDryerMicrowaveRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 3-bedroom, 3-bathroom condo at 520 Santa Rosa Boulevard is listed at $569,900 ($423/sqft). The estimated monthly payment is $6,050 based on 20% down at 6.5% interest.

HOA fees are $3580/month.

Key features include: Built in 1999, Waterfront. Interior Features: Kitchen Island, Owner's Closet. Exterior Features: BBQ Pit/Grill, Hot Tub.

This property is listed by Christina M Schlink and can be reached at 8503681474 or christina.schlink@compass.com.

CS

Christina M Schlink

Agent at Compass

(850) 368-1474

Listed by Compass · View on Broker Site

MLS# 997424· Source: listhub· Updated 84 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

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