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For sale
    • Price cut: $25K (9/30)
    $824,900

    866 Santa Rosa Blvd Unit 318, Fort Walton Beach, FL 32548

    2beds
    1,156sqft
    : 
    $5,602/mo
    Get pre-qualified
    Condominium
    Built in 2002
    -- sqft lot
    $-- Zestimate®
    $714/sqft
    $-- HOA

    What's special

    Sophisticated updatesBeautifully updated kitchenStriking waterfall granite islandCalming neutral paint selectionsNew appliancesInviting upscale atmosphereExceptional gulf views
    An exceptional rental opportunity awaits on coveted Okaloosa Island. This beautifully renovated corner-unit condo offers a turnkey investment with stunning Gulf views all around with and an inviting, upscale atmosphere designed to impress guests. The property has undergone a comprehensive makeover, thoughtfully incorporating high-end upgrades throughout. Highlights include a beautifully updated kitchen with new appliances, a striking waterfall granite island, an upgraded bathroom featuring designer tile, enhanced interior flooring, calming neutral paint selections, and upgraded lighting fixtures. All furnishings convey with the property, making this a truly turnkey opportunity that is ready to welcome guests from day one. The unit is currently projected to gross approximately $69,000 in 2026, with revenue already established for 2027--providing both immediate rental potential and a strong foundation for continued income. With its prime location, exceptional Gulf views, sophisticated updates, and established rental revenue, this is an outstanding opportunity to own a stylish and income-producing retreat in one of the Emerald Coast's most sought-after destinations.
    50 days
    132
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Vanessa L Wight 850-714-2455,

    Fathom Realty FL LLC

    Source: ECAOR,MLS#: 1010230MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Area: 128.7 Square Feet
      • Dimensions: 11.7 x 11
      Bedroom
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 13 x 11
      Primary bathroom
      • Level: First
      • Area: 63 Square Feet
      • Dimensions: 9 x 7
      Bathroom
      • Level: First
      • Area: 63 Square Feet
      • Dimensions: 9 x 7
      Dining room
      • Description: Dining/Living Combo
      • Level: First
      • Area: 221.65 Square Feet
      • Dimensions: 15.5 x 14.3
      Kitchen
      • Level: First
      • Area: 100 Square Feet
      • Dimensions: 10 x 10
      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, Hallway Bunk Beds, Kitchen Island, Recessed Lighting, Newly Painted
      • Flooring: Tile
      • Windows: Window Treatments
      • Furnished: Yes
      Interior area
      • Total structure area: 1,156
      • Total interior livable area: 1,156 sqft

      Property

      Features
      • Exterior features: Balcony
      • Pool features: In Ground
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf
      Details
      • Parcel number: 002S24218300000318

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Dumpster, Elevators, Fitness Center, Fishing, Handicap Provisions, Picnic Area, Pool, TV Cable, Waterfront, Short Term Rental - Allowed
      • Security: Fire Alarm, Smoke Detector(s)
      • Subdivision: PELICAN ISLE
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Insurance, Licenses/Permits, Management, Recreational Faclty, Security, Sewer, Cable TV, Trash, Water, Internet
      Location
      • Region: Fort Walton Beach

      Financial & listing details

      • Price per square foot: $714/sqft
      • Tax assessed value: $515,000
      • Annual tax amount: $6,755
      • Date on market: 8/20/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/30/2026Price change$824,900-2.9%$714/sqft
        Source: ECAOR #1010230 Report a problem
        8/20/2026Listed for sale$849,900+66.6%$735/sqft
        Source: ECAOR #1010230 Report a problem
        5/24/2021Sold$510,000-2.9%$441/sqft
        Source: ECAOR #857878 Report a problem
        1/14/2021Price change$525,000-1.9%$454/sqft
        Source: ECAOR #857878 Report a problem
        10/23/2020Listed for sale$535,000+49%$463/sqft
        Source: Keller Williams Realty Destin #857878 Report a problem
        1/2/2004Sold$359,000+42.5%$311/sqft
        Source: Public Record Report a problem
        12/19/2002Sold$252,000$218/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,755 -0.8%$515,000 +0.1%
        2024$6,808 +4.9%$514,250 -0.1%
        2023$6,492 +13.7%$515,000 +21.2%
        2022$5,710 +21.1%$425,000 +21.4%
        2021$4,717 +16.8%$350,000 +14.8%
        2020$4,040 -0.8%$305,000 +1.7%
        2019$4,072 +6.1%$300,000 +9.1%
        2018$3,838 $275,000 +0.4%
        2017$3,838 -2.4%$274,000 +3%
        2016$3,933 +5.3%$266,000 +9%
        2015$3,736 +5.8%$244,000 +10.4%
        2014$3,531 $221,000 +8.3%
        2013-- $204,000 +3.6%
        2012-- $197,000 -5.7%
        2011-- $209,000 -9.5%
        2010-- $231,000 -19.8%
        2009-- $288,000 -12.5%
        2008-- $329,000 -21.1%
        2007-- $417,000 -9.3%
        2006-- $460,000 +15%
        2005-- $400,000 +41.8%
        2004-- $282,000 +10.2%
        2003-- $256,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: Okaloosa Island

        Getting around

        7 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Edwins
        • Middle: Bruner
        • High: Fort Walton Beach

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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