Projected to generate approximately $60,000 in annual vacation

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Condo For Sale

520 Santa Rosa Boulevard unit: 100

Fort Walton Beach, Florida 32548

Okaloosa County

Waterfront: Yes

Community: ISLAND PRINCESS CONDO UNIT 1

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$580,000 3 br, 3.0 bath 1347 sq. ft. 0.000 acres

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.

Interior:
  • Bedrooms: 3
  • Baths: 3.0
  • Sq Ft: 1347
  • Year Built: 1999
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Concrete, Stucco
  • Roof: 
  • Property Taxes: $7,241
  • MLS #: 997424
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Contact Information:
Beach Condo For Sale in Fort Walton Beach, Florida
Listing Agent: Christina M Schlink, Compass Florida, LLC, 850-368-1474, 850-296-9769 Listing Site, Listing Status: Active
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7377990
Viewed 18 times.
Updated: Mar 22, 2026

This property is a Condo located at 520 Santa Rosa Boulevard unit: 100, Fort Walton Beach, Florida 32548, and is currently For Sale at $580,000. This Condo has 3 bedrooms, 3.0 baths, 1347 sq ft.