520 Santa Rosa Blvd, Unit 109

1,089 Sq. Ft.
$592 / Sq. Ft.
1,089
Sq. Ft.
$592
per Sq. Ft.

Description

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....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.

Listing Agent

  1. James Fish

    James Fish

    Listing Agent

    Compass

    james.fish@compass.com

    P: (850)-830-8400

Property Details for 520 Santa Rosa Boulevard, Unit 109

Waterfront Features
Unit Waterfront, Gulf
View
Gulf
Architectural Style
N/A
Subdivision Name
ISLAND PRINCESS
Waterfront YN
Yes
LISTING UPDATED: 01/24/2026 09:13 AM

Property Details for 520 Santa Rosa Boulevard, Unit 109

StatusActive
MLS #993612
Days on Market2
Taxes$6,521 / year
HOA Fees$3,580 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1999
CountyOkaloosa County
Buyer's Agent Compensation2%
Add your commute

Building Information for 520 Santa Rosa Boulevard, Unit 109

Building/Complex520 Santa Rosa BlvdFloor1Stories-Residences-Pet Policy-Pet Policy Details-Year Built1999

Payment Calculator

$4,880 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,144

Property Taxes

$543

HOA Dues

$1,193

The Payment Calculator is for illustrative purposes only.

Property Information for 520 Santa Rosa Boulevard, Unit 109

Summary
Location and General Information
  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Pets Allowed, Pool, TV Cable, Waterfront, Whirlpool
  • Directions: From Highway 98 on Okaloosa Island turn onto Santa Rosa Blvd. Go approximately one mile and Island Princess will be on your left.
  • MLS Area Minor: 1201 - Okaloosa Island
  • MLS Area Major: 12 - Fort Walton Beach
  • Latitude: 30.396665
  • Longitude: -86.611209
  • Location Tax and Legal:Sub Area: 1201 - Okaloosa Island
  • Location Tax and Legal:Elementary School: Elliott Point
  • Location Tax and Legal:Middle School: Bruner
  • Location Tax and Legal:High School: Fort Walton Beach
  • Location Tax and Legal:Legal Description: ISLAND PRINCESS CONDO UNIT 109
  • Project Facilities: BBQ PitGrill2, Beach, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Pets Allowed2, Pool2, Short Term Rental - Allowed, TV Cable3, Waterfront, Whirlpool
  • Garage 2: true
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Sewer, Water, Cable TV, Trash
  • Association Fee2: $3,580
  • Tax Legal Description: ISLAND PRINCESS CONDO UNIT 109
  • Parcel Number: 00-2S-24-4193-0000-0109
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $6,521
  • Listing Info Tax Legal:Last Taxes: $6,521
  • Listing Info Tax Legal:Last Tax Year: 2025.0
School Information
  • Elementary School: Elliott Point
  • Middle Or Junior School: Bruner
  • High School: Fort Walton Beach
Parking
  • Carport YN: No
  • Attached Garage YN: No
  • Parking Features: Garage
  • Covered Spaces: 1.0
  • General Property Info:Covered Spaces: 1.0
  • General Property Info:Assigned Spaces: 1.0
  • Parking Features: Garage3
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Units: Acres
  • Property Condition: Renovated, Construction Complete
  • Building Area Total: 1089.0
  • General Property Info:SqFt Source: County PA Records
  • Waterfront: Gulf, Unit Waterfront
  • Waterview: Gulf2
Property and Assessments
  • Tax Year: 2025.0
  • Floor Plans Count: 0.0
  • Property Type: Residential, Condo
  • Year Built: 1999.0
  • Property Sub Type: Condominium
  • New Construction YN: No
  • General Property Info:Sub-Type: Condominium
  • General Property Info:Design: N/A
  • General Property Info:Pre-Const Flip: false
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
  • Construction Siding: Concrete
  • Occupancy Status: Vacation Rental
Utilities
  • Sewer: True
  • Utilities: Electric, Public Water
  • Electric: True
  • Utilities: Electric, Public Sewer, Public Water
  • Energy: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete
  • Pool Features: Pool Type
  • Patio And Porch Features: Patio Enclosed, Patio Open
  • General Property Info:Stories In Unit: 1.0
  • General Property Info:Unit Floors Above Ground: 1.0
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Community
  • Exterior: Patio Enclosed, Patio Open
Interior Features
  • Heating: Central
  • Cooling: Central Air
  • Interior Features: Breakfast Bar, Built-In Bookcases, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup
  • Flooring: Floor Tile
  • Window Features: Window Treatment All
  • Room Type: Living Room, Kitchen, Master Bedroom, Bedroom, Covered Porch
  • Rooms Total: 6.0
  • Bathrooms Total Integer: 3.0
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Notational: 3.0
  • Cooling YN: Yes
  • Heating YN: Yes
  • Bedrooms Total: 3.0
  • Bathrooms Full: 3.0
  • Bathrooms Half: 0.0
  • Interior: Breakfast Bar, Built-In Bookcases, Floor Tile, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Renovated2, Shelving, WasherDryer Hookup, Window Treatment All
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator WIceMk, Smoke Detector, Smooth Stovetop Rnge, StoveOven Electric, Washer
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 19.0
  • Room Width: 15.0
  • Room Dimensions: 19 x 15
Room 2
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 15.0
  • Room Width: 8.0
  • Room Dimensions: 15 x 8
Room 3
  • Room Type: Master Bedroom
  • Room Level: First
  • Room Length: 16.0
  • Room Width: 12.0
  • Room Dimensions: 16 x 12
Room 4
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Dimensions: 12 x 12
Room 5
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Dimensions: 12 x 12
Room 6
  • Room Type: Covered Porch
  • Room Level: First
  • Room Length: 15.0
  • Room Width: 6.0
  • Room Dimensions: 15 x 6
Multi Family
Multi Family Information
  • Furnished: Furnished - All
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 520 Santa Rosa Boulevard, Unit 109

DateEvent & SourcePriceAppreciation
Jan 23, 2026

Listed (Active)

ECAR #993612

$645,000—
May 20, 2024

Sold

ECAR #931724

$595,000—
May 20, 2024

Pending

ECAR #931724

—
May 9, 2024

Listed (Active)

ECAR #931724

$674,000—
May 8, 2024

Sold (Public Record)

Public Record #1534194143

$595,000—
Jul 2, 2021

Sold (Public Record)

Public Record #1468123494

$595,000

+25.9% / yr

Jul 2, 2021

Sold

ECAR #870530

$595,000—
Jun 22, 2021

Pending

ECAR #870530

—
Apr 29, 2021

Listed (Active)

ECAR #870530

$625,000—
Oct 11, 2019

Sold (Public Record)

Public Record #655224142

$400,000

-0.2% / yr

Oct 11, 2019

Sold

ECAR #815240

$400,000—
Sep 13, 2019

Pending

ECAR #815240

—
Feb 1, 2019

Listed (Active)

ECAR #815240

$445,000—
May 31, 2018

Expired

ECAR #764976

$395,000—
Nov 29, 2016

Listed (Active)

ECAR #764976

$405,000—
Apr 16, 2008

Sold (Public Record)

Public Record #236280707

$410,000

-4.4% / yr

Oct 29, 2006

Expired

ECAR #395086

—
Jun 29, 2005

Listed (Active)

ECAR #395086

$649,900—
Aug 6, 2004

Sold (Public Record)

Public Record #141947380

$485,000—
May 27, 2004

Expired

ECAR #359601

$525,000—
Apr 19, 2004

Listed (Active)

ECAR #359601

$545,000—
Aug 13, 2001

Expired

ECAR #302845

—
Nov 13, 2000

Listed (Active)

ECAR #302845

$289,900—
DateEvent & SourcePrice
01/23/2026

Listed (Active)

ECAR #993612

$645,000
05/20/2024

Sold

ECAR #931724

$595,000
05/20/2024

Pending

ECAR #931724

—
05/09/2024

Listed (Active)

ECAR #931724

$674,000
05/08/2024

Sold (Public Record)

Public Record #1534194143

$595,000
07/02/2021

Sold (Public Record)

Public Record #1468123494

$595,000

+25.9% / yr

07/02/2021

Sold

ECAR #870530

$595,000
06/22/2021

Pending

ECAR #870530

—
04/29/2021

Listed (Active)

ECAR #870530

$625,000
10/11/2019

Sold (Public Record)

Public Record #655224142

$400,000

-0.2% / yr

10/11/2019

Sold

ECAR #815240

$400,000
09/13/2019

Pending

ECAR #815240

—
02/01/2019

Listed (Active)

ECAR #815240

$445,000
05/31/2018

Expired

ECAR #764976

$395,000
11/29/2016

Listed (Active)

ECAR #764976

$405,000
04/16/2008

Sold (Public Record)

Public Record #236280707

$410,000

-4.4% / yr

10/29/2006

Expired

ECAR #395086

—
06/29/2005

Listed (Active)

ECAR #395086

$649,900
08/06/2004

Sold (Public Record)

Public Record #141947380

$485,000
05/27/2004

Expired

ECAR #359601

$525,000
04/19/2004

Listed (Active)

ECAR #359601

$545,000
08/13/2001

Expired

ECAR #302845

—
11/13/2000

Listed (Active)

ECAR #302845

$289,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 520 Santa Rosa Boulevard, Unit 109

Taxable ValueLand-Additions$552,900Total-
Tax Record2025$7,252 ($604 / month)
Home Facts
Beds3Total Finished SqFt1,347 SqFtAbove Grade Finished SqFt1,347 SqFtLot Size148,790 SqFtStyleCondominiumYear Built1999CountyOKALOOSAAPN00-2S-24-4193-0000-0109

Schools near 520 Santa Rosa Boulevard, Unit 109

This home is within Okaloosa County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 3 to 9
Rating
School
Distance
Elliott Point Elementary School
PublicPK to 5

Max Bruner Junior Middle School
Public6 to 8

Fort Walton Beach High School
Public9 to 12

Northwest Florida Ballet Academie
Public3 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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520 Santa Rosa Boulevard, Unit 109 is a condo for sale in Fort Walton Beach, FL 32548. This property was listed for sale on January 23, 2026 by Compass, it's currently listed at $645,000. It has been on the market for a total of 2 days and was last sold on May 20, 2024. This listing's school district is Okaloosa County School District. Nearby schools include Elliott Point Elementary School, Max Bruner Junior Middle School and Fort Walton Beach High School. 520 Santa Rosa Boulevard, Unit 109 is a 3-bed, 3-bath, 1,089 sqft condo built in 1999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.