For sale

Price cut: $15K (8/29)

$614,900

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

3beds

1,347sqft

$4,223/mo

Get pre-qualified

Condominium

Built in 1999

-- sqft lot

$-- Zestimate^®

$456/sqft

$-- HOA

What's special

Best deal in the complex, unit 109 at Island Princess on Okaloosa Island has a proven track record of making money. For 2025 the unit grossed over $58,000 in actual rental income and 2026 is right on track to do the same. 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 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. Call your favorite realtor today!!

250 days
523
19

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Level: First
Area: 192 Square Feet
Dimensions: 16 x 12

Bedroom

Level: First
Area: 144 Square Feet
Dimensions: 12 x 12

Bedroom

Level: First
Area: 144 Square Feet
Dimensions: 12 x 12

Other

Level: First
Area: 90 Square Feet
Dimensions: 15 x 6

Kitchen

Level: First
Area: 120 Square Feet
Dimensions: 15 x 8

Living room

Level: First
Area: 285 Square Feet
Dimensions: 19 x 15

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Washer, Electric Water Heater
Laundry: Washer/Dryer Hookup

Features

Breakfast Bar, Bookcases, Recessed Lighting, Newly Painted, Owner's Closet, Pantry, Shelving
Flooring: Tile
Windows: Window Treatments
Furnished: Yes

Interior area

Total structure area: 1,347
Total interior livable area: 1,347 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Has garage: Yes
Covered spaces: 1

Features

Patio & porch: Enclosed, Patio
Has view: Yes
View description: Gulf
Has water view: Yes
Water view: Gulf
Waterfront features: Gulf, Waterfront

Details

Parcel number: 002S24419300000109

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Concrete

Condition

Construction Complete,Renovated
New construction: No
Year built: 1999

Utilities & green energy

Water: Public

Community & HOA

Community

Features: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Fitness Center, Fishing, Gated, Pool, TV Cable, Waterfront, Whirlpool, Short Term Rental - Allowed
Security: Smoke Detector(s)
Subdivision: ISLAND PRINCESS

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Insurance, Management, Sewer, Cable TV, Trash, Water

Location

Region: Fort Walton Beach

Financial & listing details

Price per square foot: $456/sqft
Tax assessed value: $552,900
Annual tax amount: $6,520
Date on market: 1/23/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/29/2026	Price change	$614,900-2.4%$456/sqft
Source: ECAOR #993612 Report a problem
5/1/2026	Price change	$629,900-1.4%$468/sqft
Source: ECAOR #993612 Report a problem
3/7/2026	Price change	$639,000-0.9%$474/sqft
Source: ECAOR #993612 Report a problem
1/23/2026	Listed for sale	$645,000+8.4%$479/sqft
Source: ECAOR #993612 Report a problem
5/20/2024	Sold	$595,000-0.8%$442/sqft
Source: ECAOR #931724 Report a problem
5/9/2024	Listed for sale	$599,999$445/sqft
Source: ECAOR #931724 Report a problem
3/28/2024	Pending sale	$599,999$445/sqft
Source: ECAOR #931724 Report a problem
3/5/2024	Price change	$599,999-6.3%$445/sqft
Source: ECAOR #931724 Report a problem
1/5/2024	Price change	$640,000-5%$475/sqft
Source: ECAOR #931724 Report a problem
9/6/2023	Listed for sale	$674,000+13.3%$500/sqft
Source: ECAOR #931724 Report a problem
7/2/2021	Sold	$595,000-4.8%$442/sqft
Source: ECAOR #870530 Report a problem
4/30/2021	Listed for sale	$625,000+56.3%$464/sqft
Source: Keller Williams #870530 Report a problem
10/11/2019	Sold	$400,000-5.9%$297/sqft
Source: ECAOR #815240 Report a problem
9/12/2019	Pending sale	$425,000$316/sqft
Source: Engel & V�lkers Destin #815240 Report a problem
5/9/2019	Price change	$425,000-4.5%$316/sqft
Source: Engel & Volkers Destin #815240 Report a problem
2/1/2019	Listed for sale	$445,000+12.7%$330/sqft
Source: World Impact Real Estate #815240 Report a problem
6/1/2018	Listing removed	$395,000$293/sqft
Source: Keller Williams Emerald Coast Realty #764976 Report a problem
1/8/2018	Listed for sale	$395,000-1.3%$293/sqft
Source: Destin #764976 Report a problem
4/6/2017	Price change	$400,000-1.2%$297/sqft
Source: Keller Williams - Destin #764976 Report a problem
11/29/2016	Listed for sale	$405,000-1.2%$301/sqft
Source: Keller Williams - Destin #764976 Report a problem
4/28/2008	Sold	$410,000-15.5%$304/sqft
Source: Public Record Report a problem
8/6/2004	Sold	$485,000$360/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,252 -3.8%	$552,900 -3%
2024	$7,541 +1.3%	$570,000
2023	$7,441 +10.8%	$570,000 +14%
2022	$6,717 +54%	$500,000 +58.2%
2021	$4,361 +6.9%	$316,000 +2.6%
2020	$4,080 -8.1%	$308,000 -5.9%
2019	$4,441 +1.5%	$327,250 +4.4%
2018	$4,375	$313,500 +4.6%
2017	$4,375 +1.7%	$299,725 +7.9%
2016	$4,302 +10.2%	$277,875 +10%
2015	$3,902 +6.5%	$252,700 +5.6%
2014	$3,663	$239,400 +3.9%
2013	--	$230,400 +3%
2012	--	$223,680 -5.3%
2011	--	$236,160 -9.6%
2010	--	$261,120 -17.2%
2009	--	$315,250 -8.6%
2008	--	$345,000 -21.6%
2007	--	$440,000 -6.4%
2006	--	$470,000 +663%
2005	--	$61,600 -75%
2004	--	$246,000 +6%
2003	--	$232,000
2002	--	$232,000 +5.5%
2001	--	$220,000