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520 Santa Rosa Boulevard, Unit 405
Fort Walton Beach, FL 32548

$615,000 - Status: Active
Bed Icon Beds: 2
Bath Icon Baths: 2 full
Sq Feet Icon SQFT (H&C): 1,089
MLS Icon MLS# 1001274

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 décor 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 sightseeingHarborWalk 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.

Property Features

MLS#: 1001274
Zip: 32548
Subdivision: Island Princess
Development: 12 - Fort Walton Beach
Property Type: Residential - Condominium
Cooling: Ceiling Fans, Central Air
Days on Site: 23
Heating: Central
Home Style: N/A
Stories: 7.0
Year Built: 1999
SQFT (H&C): 1,089

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Association Fee Includes: $0
Community Features: Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Community Room, Deed Access, Elevators, Exercise Room, Pool, TV Cable, Waterfront
Exterior: Concrete, Stucco
Exterior: Balcony
Flooring: Floor Laminate, Floor Tile
HOA: Yes
Interior: Breakfast Bar, Owners Closet, Washer/Dryer Hookup
Parcel Number: 00-2S-24-4193-0000-0405
Parking: Covered, Deeded
Pool Features: Pool Type
Property Condition: Construction Complete
Rooms Total: 4
Sewer: Public Sewer
Special View Info: Gulf
Sub Type: Condominium
Utilities: Electric, Public Water, TV Cable
Waterfront: Unit Waterfront, Gulf, Gulf/Pass
Window: Window Treatment All

Local Schools

High School: Choctawhatchee
Middle School: Bruner
Elementary School: Elliott Point

520 Santa Rosa Boulevard, Unit 405 | MLS# 1001274

This condo located at 520 Santa Rosa Boulevard, Unit 405, Fort Walton Beach, FL 32548 is currently listed for sale with an asking price of $615,000. This property was built in 1999 and has 2 bedrooms and 2 full baths with 1089 sq. ft. Santa Rosa Boulevard, Unit 405 is located in the ISLAND PRINCESS subdivision. Search ISLAND PRINCESS real estate on treynolds.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: ERA American Real Estate

Shown By

Agent Name: Tasha Reynolds
Agent Phone: (334) 447-2194
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/16/2026. The listing information on this page last changed on 05/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 05/16/2026 12:35:48 AM EST) or Emerald Coast MLS (last updated Sat 05/16/2026 12:05:30 AM EST) or Central Panhandle Association of Realtors (last updated Sat 05/16/2026 12:27:31 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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