Over 9% STR income for 2025 from the out of town managing seller. Unit 109 at Island Princess on Okaloosa Island has a proven track record of making money. 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 and 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. As of the listing date there are no upcoming special assessments or construction to worry about along with verified actual rental income makes this unit a great investment. Please call your favorite real estate agent for a private viewing.
For sale
Price cut: $6K (3/7)
$639,000
520 Santa Rosa Blvd APT 109, Fort Walton Beach, FL 32548
3beds
1,347sqft
Est.:
Condominium
Built in 1999
-- sqft lot
$-- Zestimate®
$474/sqft
$-- HOA
What's special
- 72 days |
- 600 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: March 07, 2026 at 10:50am
Listed by:
James D Fish 850-830-8400,
Compass
Source: ECAOR,MLS#: 993612
Tour with a local agent
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: 1
- 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
- Services included: Maintenance Grounds, Insurance, Management, Sewer, Cable TV, Trash, Water
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $474/sqft
- Tax assessed value: $570,000
- Annual tax amount: $6,520
- Date on market: 1/23/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/7/2026 | Price change | $639,000-0.9%$474/sqft |
Source: | ||
| 1/23/2026 | Listed for sale | $645,000+8.4%$479/sqft |
Source: | ||
| 5/20/2024 | Sold | $595,000-0.8%$442/sqft |
Source: | ||
| 5/9/2024 | Listed for sale | $599,999$445/sqft |
Source: | ||
| 3/28/2024 | Pending sale | $599,999$445/sqft |
Source: | ||
| 3/5/2024 | Price change | $599,999-6.3%$445/sqft |
Source: | ||
| 1/5/2024 | Price change | $640,000-5%$475/sqft |
Source: | ||
| 9/6/2023 | Listed for sale | $674,000+13.3%$500/sqft |
Source: | ||
| 7/2/2021 | Sold | $595,000-4.8%$442/sqft |
Source: | ||
| 4/30/2021 | Listed for sale | $625,000+56.3%$464/sqft |
Source: | ||
| 10/11/2019 | Sold | $400,000-5.9%$297/sqft |
Source: | ||
| 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 | Price change | $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
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,735/mo
Principal & interest
$3080
Property taxes
$655
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.
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