Discover the pinnacle of luxury at Island Princess, one of Okaloosa Island's premier Gulf front resorts! This premium 2-bedroom, 2-bath unit features deeded covered parking, in-unit laundry, and a spacious floor plan, making it perfect as a primary residence, second home, or investment property. Enjoy unobstructed Gulf views from the living room and master bedroom, offering a unique vantage point to spot dolphins and other mesmerizing marine life right from the comfort of your own penthouse. Fully furnished with new stainless appliances, new bar height dining room table and chairs, new bedroom furniture, and 2025 HVAC. Rental ready offering exceptional amenities, including a Gulf-front swimming pool with a hot tub, free beach service until November, and nearly 500' of pristine beach.
For sale
$699,000
520 Santa Rosa Blvd APT 705, Fort Walton Beach, FL 32548
2beds
1,089sqft
Condominium
Built in 1999
-- sqft lot
$669,500 Zestimate®
$642/sqft
$-- HOA
What's special
Deeded covered parkingSpacious floor planIn-unit laundryNew bedroom furniture
- 69 days |
- 118 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Crystal L Watkins 850-855-6885,
Compass
Source: ECAOR,MLS#: 1001127
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 180 Square Feet
- Dimensions: 15 x 12
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 12 x 11
Kitchen
- Level: First
- Area: 96 Square Feet
- Dimensions: 12 x 8
Living room
- Description: Living room/ Dining room combined
- Level: First
- Area: 270 Square Feet
- Dimensions: 18 x 15
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Newly Painted, Owner's Closet
- Flooring: Laminate, Tile
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 1,089
- Total interior livable area: 1,089 sqft
Property
Parking
- Total spaces: 1
- Parking features: Deeded, Covered
- Has garage: Yes
- Covered spaces: 1
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Details
- Parcel number: 002S24419300000705
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete, Stucco
Condition
- Construction Complete
- New construction: No
- Year built: 1999
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Elevators, Fitness Center, Pool, TV Cable, Waterfront, Short Term Rental - Allowed
- Security: Fire Alarm, Smoke Detector(s)
- Subdivision: ISLAND PRINCESS
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Licenses/Permits, Management, Recreational Faclty, Sewer, Cable TV, Trash, Water
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $642/sqft
- Tax assessed value: $549,000
- Annual tax amount: $7,264
- Date on market: 4/21/2026
Estimated market value
$669,500
$636,000 - $703,000
$3,198/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Listed for sale | $699,000-1.5%$642/sqft |
Source:  ECAOR #1001127 Report a problem | ||
| 1/19/2026 | Listing removed | $709,900$652/sqft |
Source: ECAOR #954250 Report a problem | ||
| 1/18/2025 | Listed for sale | $709,900-1.4%$652/sqft |
Source: ECAOR #954250 Report a problem | ||
| 1/6/2025 | Listing removed | $720,000$661/sqft |
Source: ECAOR #954250 Report a problem | ||
| 10/1/2024 | Price change | $720,000-1.4%$661/sqft |
Source: ECAOR #954250 Report a problem | ||
| 7/10/2024 | Listed for sale | $730,000+9.8%$670/sqft |
Source: ECAOR #954250 Report a problem | ||
| 3/10/2023 | Sold | $665,000-1.5%$611/sqft |
Source: Public Record Report a problem | ||
| 1/13/2023 | Pending sale | $675,000$620/sqft |
Source: ECAOR #912824 Report a problem | ||
| 12/2/2022 | Listed for sale | $675,000+14.4%$620/sqft |
Source: ECAOR #912824 Report a problem | ||
| 9/30/2021 | Sold | $590,000+107%$542/sqft |
Source: ECAOR #878133 Report a problem | ||
| 10/19/2012 | Sold | $285,000-5%$262/sqft |
Source: ECAOR #583186 Report a problem | ||
| 10/23/2010 | Listing removed | $299,900$275/sqft |
Source: WWW.TIMSHEPARD.COM #535811 Report a problem | ||
| 10/8/2010 | Listed for sale | $299,900-2.9%$275/sqft |
Source: WWW.TIMSHEPARD.COM #535811 Report a problem | ||
| 7/16/2010 | Listing removed | $309,000$284/sqft |
Source: WWW.TIMSHEPARD.COM #535811 Report a problem | ||
| 5/18/2010 | Listed for sale | $309,000$284/sqft |
Source: WWW.TIMSHEPARD.COM #535811 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,264 +5.5% | $549,000 +4.8% |
| 2023 | $6,887 +10.2% | $524,000 +12.7% |
| 2022 | $6,247 +37.2% | $465,000 +40.9% |
| 2021 | $4,555 +5.8% | $330,000 +1.5% |
| 2020 | $4,305 +1.4% | $325,000 |
| 2019 | $4,245 +10.6% | $325,000 +18.2% |
| 2018 | $3,838 | $275,000 +5% |
| 2017 | $3,838 +2.1% | $262,000 +5% |
| 2016 | $3,761 +7.3% | $249,500 +9.9% |
| 2015 | $3,504 +6.5% | $227,000 +5.6% |
| 2014 | $3,291 | $215,000 +2.9% |
| 2013 | -- | $209,000 |
| 2012 | -- | $209,000 -5.9% |
| 2011 | -- | $222,000 -9.4% |
| 2010 | -- | $245,000 -20.2% |
| 2009 | -- | $307,000 -10.2% |
| 2008 | -- | $342,000 -19% |
| 2007 | -- | $422,000 -9.6% |
| 2006 | -- | $467,000 +838.7% |
| 2005 | -- | $49,750 -81.6% |
| 2004 | -- | $271,000 +16.6% |
| 2003 | -- | $232,500 +2.6% |
| 2002 | -- | $226,500 +9.4% |
| 2001 | -- | $207,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Okaloosa Island
Nearby schools
GreatSchools rating
- 5/10Elliott Point Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 7/10Max Bruner Junior Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Elliott Point
- Middle: Bruner
- High: Choctawhatchee
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Okaloosa County
- Fort Walton Beach
- 32548
- Okaloosa Island
- 520 Santa Rosa Blvd Apartment 705
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