About This Home

This 2-bedroom, 2-bathroom condo at 866 Santa Rosa Boulevard #506 in Fort Walton Beach, FL is listed for $624,000 ($502 per sqft). Built in 2002, the home offers 1,244 sqft of living space on a N/A lot.

Key Features

  • Built in 2002
  • 6 stories
  • Waterfront

Property Details

6 stories
2 full
#506
2002

Amenities

WaterfrontA/C
Listing Description

NEW PRICE + GULF-FRONT LOCATION. Pelican Isle 506 offers an opportunity to own directly on the Gulf on Okaloosa Island with 2 bedrooms, 2 baths, and hallway bunks for added sleeping flexibility. The open living area is filled with natural light and opens to a private balcony overlooking the emerald water and white-sand shoreline--an ideal setting for morning coffee, sunset views, or simply enjoying the sound of the Gulf.

The kitchen, dining, and living spaces flow together for easy everyday use, whether the condo is enjoyed as a personal beach retreat, second home, or vacation rental. The flexible layout provides comfortable space for family and guests while keeping the focus on the view.

Pelican Isle amenities include direct beach access, a Gulf-front pool and hot tub, fitness center, and covered parking. The property is also conveniently located near the dining, shopping, entertainment, and attractions of Fort Walton Beach and Destin. With a newly repositioned price, Unit 506 offers a compelling opportunity to own Gulf-front on Okaloosa Island with the views, flexibility, and rental potential buyers are looking for.

Monthly Cost Estimate

$4,579/mo

20% down · 6.5% · 30 years

Principal$451
Interest$2,704
Insurance$182
HOA$1,242

Estimates only. Actual payments may vary.

Location

866 Santa Rosa Boulevard #506

Fort Walton Beach, FL 32548

PELICAN ISLE

Features & Amenities

Interior Features

Breakfast BarHallway Bunk BedsWasher/Dryer Hookup

Exterior Features

Balcony

Property Details

Flooring

Tile

Construction

Concrete

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalDryerMicrowaveOven Self CleaningRefrigeratorRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 2-bedroom, 2-bathroom condo at 866 Santa Rosa Boulevard is listed at $624,000 ($502/sqft). The estimated monthly payment is $4,579 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1242/month.

Key features include: Built in 2002, 6 stories, Waterfront. Interior Features: Breakfast Bar, Hallway Bunk Beds, Washer/Dryer Hookup. Exterior Features: Balcony.

This property is listed by Robbyn A Blick.

RB

Robbyn A Blick

License 3597379

Agent at Compass Florida, LLC

Listed by Compass Florida, LLC · Broker phone: (305) 851-2820 · View on Broker Site · Broker website

MLS# 997404· Source: Emerald Coast Association of Realtors· 233 days on PropertySimple

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.

866 Santa Rosa Boulevard #506, Fort Walton Beach, FL 32548

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