$639,000

520 Santa Rosa Blvd Unit 109, Fort Walton Beach, FL 32548

3 beds |
3 baths |
1,347 sqft

Condominium
Built in 1999
—— sqft lot
—— car garage
$474/sqft
Listed 2 months ago

Property Description

Over 9% STR income for 2025 from the out of town managing seller. Unit 109 at Island Princess on Okaloosa Island has a proven track record of making money. Step into this updated 3 bedroom 3 bath ground floor unit and enjoy the convenience of no waiting for an elevator and even a deeded covered parking space just feet away from your front door. Once inside you'll be amazed by nearly 1350 sqft of furnished coastal elegance and just a few steps away from the sugar white sands of the Gulf of America. This unit features 1 king bed, 1 queen bed and a set of full over full bunk beds along with a sleeper sofa for the large family needing extra room. Having the 3rd bathroom really makes vacationing easier for guests needing their own privacy. As of the listing date there are no upcoming special assessments or construction to worry about along with verified actual rental income makes this unit a great investment. Please call your favorite real estate agent for a private viewing.

Listing Status:: Active
Date Added:: January 23, 2026
Data Last Updated:: April 4, 2026 at 2:22PM
Listing Office:: Compass : 850-296-9769
Listing Agent:: James D Fish : 850-830-8400
MLS ID:: 993612

General: Breakfast BarBookcasesRecessed LightingNewly PaintedOwner's ClosetPantryShelvingWasher/Dryer Hookup
Appliances: DishwasherDisposalDryerFreezerMicrowaveWasherElectric Water Heater
Flooring: Tile
A/C: Central Air
Heating: Central

Style: N/A
Parking: Garage

Windows: Window Treatments
General: Concrete

HOA Amenities: Maintenance GroundsInsuranceManagementSewerCable TVTrashWater3580.21Quarterly
Golf: BBQ Pit/GrillBeachDeed AccessDumpsterElevatorsExercise RoomFishingGatedPoolTV CableWaterfrontWhirlpoolPets AllowedShort Term Rental - Allowed
Originating MLS: Emerald Coast Association of REALTORS®
County: Okaloosa

Zoning: 00-2S-24-4193-0000-0109
View: Gulf

Water: 0

Source: Emerald Coast Association of REALTORS®

This listing courtesy of James D Fish , Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Elliott Point Elementary School

301 Hughes St NE, Fort Walton Beach, FL, 32548

Grades PK-5

1.84 miles away

Max Bruner Junior Middle School

322 Holmes Blvd NW, Fort Walton Beach, FL, 32548

Grades 6-8

2.07 miles away

Fort Walton Beach High School

400 Hollywood Blvd SW, Fort Walton Beach, FL, 32548

Grades 9-12

2.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.