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

Fort Walton Beach, FL 32548
  • 2 Beds
  • 2 Baths
  • 1,089 Sq Ft
  • 1999 Built
  • MLS 1001274

About this home

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 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.

Property details

Property typeCondominium
StatusActive
Area12 - Fort Walton Beach
SubdivisionISLAND PRINCESS
CityFort Walton Beach
CountyOkaloosa
Zip32548
StyleN/A
Tax year2025
HOAYes
WaterfrontYes
ViewGulf

Interior

Total rooms4
Full baths2
Half baths0
AppliancesDishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
CoolingCentral Air, Ceiling Fan(s)
HeatingCentral
FlooringLaminate, Tile
Interior featuresBreakfast Bar, Owner's Closet, Washer/Dryer Hookup
FurnishedFurnished

Exterior & lot

GarageYes
ParkingDeeded, Covered
Exterior featuresBalcony

Schools

ElementaryElliott Point
MiddleBruner
HighChoctawhatchee

Community

Community featuresBBQ Pit/Grill, Beach, Community Room, Deed Access, Elevators, Exercise Room, Pool, TV Cable, Waterfront, Short Term Rental - Allowed
DirectionsDirections: From Highway 98, turn West onto Santa Rosa Blvd. Go approximately one mile and Island Princess will be on your left.

Data source: Emerald Coast Association of REALTORS®

Location

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