Projected to generate approximately $60,000 in annual vacation rental income, Island Princess #100 offers a rare opportunity to own a Gulf-front 3-bedroom condo on Okaloosa Island with both strong investment potential and incredible views.
This spacious condo features an open living, dining, and kitchen layout designed to take full advantage of the beautiful emerald waters just outside your balcony. Large sliding glass doors bring in natural light and lead to the private Gulf-front balcony where you can relax, enjoy coastal breezes, and take in stunning sunsets over the water.
The kitchen is equipped with granite countertops and stainless appliances, creating a functional and inviting space for preparing meals after a day at the beach. The Gulf-front primary bedroom offers balcony access and water views, while two additional bedrooms provide plenty of space for family and guests, making this layout ideal for vacation rentals or personal use.
Island Princess is a well-maintained Gulf-front resort offering amenities including a beachfront pool, hot tub, fitness center, and direct beach access. Located on Okaloosa Island, you are just minutes from Destin Harbor, restaurants, shopping, and local attractions.
For sale
$580,000
520 Santa Rosa Blvd APT 100, Fort Walton Beach, FL 32548
3beds
1,347sqft
Est.:
Condominium
Built in 1999
-- sqft lot
$-- Zestimate®
$431/sqft
$-- HOA
What's special
Direct beach accessHot tubWell-maintained gulf-front resortGranite countertopsRelax enjoy coastal breezesFitness centerSpacious condo
- 29 days |
- 976 |
- 39 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 28, 2026 at 02:12pm
Listed by:
Christina M Schlink 850-368-1474,
Compass
Source: ECAOR,MLS#: 997424
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
- Area: 180 Square Feet
- Dimensions: 15 x 12
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 12 x 11
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 12 x 11
Dining area
- Level: First
- Area: 285 Square Feet
- Dimensions: 19 x 15
Kitchen
- Level: First
- Area: 120 Square Feet
- Dimensions: 15 x 8
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
Features
- Kitchen Island, Owner's Closet
- Flooring: Tile, Vinyl
- Furnished: Yes
Interior area
- Total structure area: 1,347
- Total interior livable area: 1,347 sqft
Property
Parking
- Total spaces: 1
- Carport spaces: 1
Features
- Patio & porch: Patio
- Exterior features: Outdoor Grill
- Has spa: Yes
- Spa features: Heated
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Details
- Parcel number: 002S24419300000100
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete, Stucco
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, Pool, Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: ISLAND PRINCESS CONDO UNIT 100
HOA
- Services included: Maintenance Grounds, Insurance, Management, Cable TV, Trash, Water, Internet
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $431/sqft
- Tax assessed value: $592,800
- Annual tax amount: $7,240
- Date on market: 3/9/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Listed for sale | $580,000+2.7%$431/sqft |
Source: | ||
| 1/10/2026 | Listing removed | $565,000$419/sqft |
Source: | ||
| 9/26/2025 | Price change | $565,000-1.7%$419/sqft |
Source: | ||
| 7/31/2025 | Price change | $574,900-2.6%$427/sqft |
Source: | ||
| 7/21/2025 | Price change | $590,000-3.3%$438/sqft |
Source: | ||
| 6/4/2025 | Price change | $610,000-0.8%$453/sqft |
Source: | ||
| 4/7/2025 | Price change | $615,000-5.4%$457/sqft |
Source: | ||
| 11/6/2024 | Listed for sale | $650,000+18.4%$483/sqft |
Source: | ||
| 8/13/2021 | Sold | $549,000$408/sqft |
Source: | ||
| 6/19/2021 | Pending sale | $549,000$408/sqft |
Source: | ||
| 6/14/2021 | Listed for sale | $549,000+3.8%$408/sqft |
Source: | ||
| 6/6/2005 | Sold | $529,000+120.4%$393/sqft |
Source: Public Record Report a problem | ||
| 4/30/2002 | Sold | $240,000$178/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,843 +1.3% | $592,800 |
| 2023 | $7,739 +10.8% | $592,800 +14% |
| 2022 | $6,986 +52.6% | $520,000 +56.7% |
| 2021 | $4,580 +6.9% | $331,800 +2.6% |
| 2020 | $4,284 -7.9% | $323,400 -5.6% |
| 2019 | $4,650 +2% | $342,650 +4.9% |
| 2018 | $4,559 | $326,700 +4.6% |
| 2017 | $4,559 +1.7% | $312,345 +7.9% |
| 2016 | $4,483 +10.2% | $289,575 +10% |
| 2015 | $4,067 +6.5% | $263,340 +5.6% |
| 2014 | $3,818 | $249,480 +5% |
| 2013 | -- | $237,600 +3% |
| 2012 | -- | $230,670 -5.3% |
| 2011 | -- | $243,540 -9.6% |
| 2010 | -- | $269,280 -14.6% |
| 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 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,414/mo
Principal & interest
$2819
Property taxes
$595
More affordability tools
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 mi
Schools provided by the listing agent
- Elementary: Elliott Point
- 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.
Local experts in 32548
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- 520 Santa Rosa Blvd Apartment 100
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