866 Santa Rosa Blvd, Unit 506

1,244 Sq. Ft.
$554 / Sq. Ft.
1,244
Sq. Ft.
$554
per Sq. Ft.

Description

Welcome to Unit 506 at Pelican Isle Condominiums, a beautifully maintained Gulf-front condo located on the sugar-white sands of Okaloosa Island, This 2-bedroom, 2-bath unit with hallway bunk beds offers the perfect blend of elevated coastal style, comfort, and investment potential in one of the most desirable beachfront locations along the Emerald Coast.
Inside, you'll find a bright and open living space designed to highlight the stunning Gulf views. Large sliding glass doors lead to a private balcony
...Welcome to Unit 506 at Pelican Isle Condominiums, a beautifully maintained Gulf-front condo located on the sugar-white sands of Okaloosa Island, This 2-bedroom, 2-bath unit with hallway bunk beds offers the perfect blend of elevated coastal style, comfort, and investment potential in one of the most desirable beachfront locations along the Emerald Coast.

Inside, you'll find a bright and open living space designed to highlight the stunning Gulf views. Large sliding glass doors lead to a private balcony overlooking the emerald water and white sand beaches, creating the perfect setting for morning coffee or sunset relaxation. The kitchen flows easily into the dining and living areas, making it ideal for entertaining or unwinding after a day on the beach. The bonus hallway bunks provide additional sleeping space, making this condo especially attractive for vacation rentals or hosting guests. The spacious primary suite offers a peaceful retreat, while the second bedroom and guest bath provide comfort and privacy for visitors.

Pelican Isle amenities include direct beach access, a Gulf-front pool, hot tub, fitness center, and covered parking, all just minutes from dining, entertainment, and shopping in Fort Walton Beach and nearby Destin.

Whether you're searching for a Gulf-front investment property, vacation rental, or personal beach escape**, this condo delivers location, views, and lifestyle on the Emerald Coast.

Listing Agents

  1. Robbyn Blick

    Robbyn Blick

    Listing Agent

    Compass

    robbyn.blick@compass.com

    P: (850)-687-2440

  2. Michele Bailey

    Michele Bailey

    Alternative Listing Agent

    Compass

Property Details for 866 Santa Rosa Boulevard, Unit 506

Waterfront Features
Gulf
View
Gulf
Architectural Style
N/A
Subdivision Name
PELICAN ISLE
Waterfront YN
Yes
LISTING UPDATED: 03/09/2026 11:12 AM

Property Details for 866 Santa Rosa Boulevard, Unit 506

StatusActive
MLS #997404
Days on MarketListed Today
Taxes$7,673 / year
HOA Fees$1,242 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2002
CountyOkaloosa County
Buyer's Agent Compensation3%
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Building Information for 866 Santa Rosa Boulevard, Unit 506

Building/Complex866 Santa Rosa BlvdFloor5Stories6Residences-Pet Policy-Pet Policy Details-Year Built2002

Payment Calculator

$5,242 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,361

Property Taxes

$639

HOA Dues

$1,242

The Payment Calculator is for illustrative purposes only.

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Property Information for 866 Santa Rosa Boulevard, Unit 506

Summary
Location and General Information
  • Community Features: Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Dumpster, Elevators, Exercise Room, Fishing, Handicap Provisions, Picnic Area, Pool, TV Cable, Waterfront
  • Directions: FROM HWY 98, TURN ONTO SANTA ROSA BLVD. AND FOLLOW DOWN TO PELICAN ISLE IS ON THE GULF SIDE
  • MLS Area Minor: 1201 - Okaloosa Island
  • MLS Area Major: 12 - Fort Walton Beach
  • Latitude: 30.397683
  • Longitude: -86.62803
  • 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: Condominium Unit No. 506, PELICAN ISLE CONDOMINIUMS, together with an undivided interest in the common elements, according to the Declaration of Condominium thereof recorded in Official Records Book 2387, Page 1010, as amended from time to time, of the Public Records of Okaloosa County, Florida.
  • Project Facilities: BBQ PitGrill2, Beach, Dumpster, Elevators, Exercise Room, Fishing, Handicap Provisions2, Picnic Area, Pool2, Short Term Rental - Allowed, TV Cable3, Waterfront
  • Garage: false
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Licenses/Permits, Management, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
  • Association Fee2: $1,242
  • Tax Legal Description: Condominium Unit No. 506, PELICAN ISLE CONDOMINIUMS, together with an undivided interest in the common elements, according to the Declaration of Condominium thereof recorded in Official Records Book 2387, Page 1010, as amended from time to time, of the Public Records of Okaloosa County, Florida.
  • Parcel Number: 00-2S-24-2183-0000-0506
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $7,673
  • Listing Info Tax Legal:Last Taxes: $7,673
  • 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
Property
Lot Information
  • Building Area Source: Appraiser
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Building Area Total: 1244.0
  • General Property Info:SqFt Source: Appraiser
  • General Property Info:Balcony SqFt: 90.0
  • Waterfront: Gulf
  • Waterview: Gulf2
Property and Assessments
  • Tax Year: 2025.0
  • Floor Plans Count: 1.0
  • Property Type: Residential, Condo
  • Year Built: 2002.0
  • 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: Vacant
Utilities
  • Sewer: True
  • Utilities: Electric, Public Water, TV Cable
  • Electric: True
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Construction Materials: Concrete
  • Security Features: Fire Alarm/Sprinkler
  • Pool Features: Pool Type
  • Stories Total: 6.0
  • General Property Info:Stories In Unit: 1.0
  • General Property Info:Stories in Building: 6.0
  • General Property Info:Unit Floors Above Ground: 5.0
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Community
  • Exterior: Balcony
Interior Features
  • Heating: Central
  • Cooling: Ceiling Fans, Central Air
  • Interior Features: Breakfast Bar, Hallway Bunk Beds, Washer/Dryer Hookup
  • Flooring: Floor Tile
  • Window Features: Window Treatment All
  • Room Type: Dining Room, Kitchen, Master Bedroom, Master Bathroom, Bedroom
  • Rooms Total: 5.0
  • Bathrooms Total Integer: 2.0
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Cooling YN: Yes
  • Heating YN: Yes
  • Bedrooms Total: 2.0
  • Bathrooms Full: 2.0
  • Bathrooms Half: 0.0
  • Interior: Breakfast Bar, Floor Tile, Furnished - All, Hallway Bunk Beds, WasherDryer Hookup, Window Treatment All
  • Appliances: Dishwasher, Disposal, Dryer, Fire AlarmSprinkler, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator WIceMk, Smoke Detector, StoveOven Electric, Washer
Room Information
Room 1
  • Room Type: Dining Room
  • Room Level: First
  • Room Length: 16.0
  • Room Width: 14.0
  • Room Description: Dining/Living Combo
  • Room Dimensions: 16 x 14
Room 2
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 8.0
  • Room Dimensions: 12 x 8
Room 3
  • Room Type: Master Bedroom
  • Room Level: First
  • Room Length: 17.0
  • Room Width: 14.0
  • Room Dimensions: 17 x 14
Room 4
  • Room Type: Master Bathroom
  • Room Level: First
  • Room Length: 9.0
  • Room Width: 7.0
  • Room Dimensions: 9 x 7
Room 5
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 13.0
  • Room Width: 11.0
  • Room Dimensions: 13 x 11
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 866 Santa Rosa Boulevard, Unit 506

DateEvent & SourcePriceAppreciation
Mar 9, 2026

Listed (Active)

ECAR #997404

$689,500—
Feb 4, 2026

Withdrawn

ECAR #972062

$695,000—
Jul 4, 2025

Price Change

ECAR #972062

$745,000—
Apr 1, 2025

Price Change

ECAR #972062

$695,000—
Apr 1, 2025

Listed (Active)

ECAR #972062

$775,000—
Dec 2, 2022

Sold (Public Record)

Public Record #1502987470

$735,000

+17.2% / yr

Dec 2, 2022

Sold

ECAR #907880

$735,000—
Oct 30, 2022

Pending

ECAR #907880

—
Oct 25, 2022

Price Change

ECAR #907880

$765,000—
Aug 24, 2022

Listed (Active)

ECAR #907880

$775,000—
May 15, 2017

Sold (Public Record)

Public Record #601580746

$305,000

-3.4% / yr

Aug 27, 2010

Expired

ECAR #506579

$247,500—
Sep 12, 2009

Listed (Active)

ECAR #506579

$359,900—
Aug 4, 2006

Expired

ECAR #427738

—
Apr 22, 2006

Listed (Active)

ECAR #427738

$725,000—
Jun 8, 2004

Sold (Public Record)

Public Record #136825496

$479,900—
Jun 4, 2004

Sold

ECAR #359918

$479,900—
May 6, 2004

Pending

ECAR #359918

—
Apr 23, 2004

Listed (Active)

ECAR #359918

$489,900—
Oct 1, 2003

Expired

ECAR #340759

—
Apr 1, 2003

Listed (Active)

ECAR #340759

$379,900—
DateEvent & SourcePrice
03/09/2026

Listed (Active)

ECAR #997404

$689,500
02/04/2026

Withdrawn

ECAR #972062

$695,000
07/04/2025

Price Change

ECAR #972062

$745,000
04/01/2025

Price Change

ECAR #972062

$695,000
04/01/2025

Listed (Active)

ECAR #972062

$775,000
12/02/2022

Sold (Public Record)

Public Record #1502987470

$735,000

+17.2% / yr

12/02/2022

Sold

ECAR #907880

$735,000
10/30/2022

Pending

ECAR #907880

—
10/25/2022

Price Change

ECAR #907880

$765,000
08/24/2022

Listed (Active)

ECAR #907880

$775,000
05/15/2017

Sold (Public Record)

Public Record #601580746

$305,000

-3.4% / yr

08/27/2010

Expired

ECAR #506579

$247,500
09/12/2009

Listed (Active)

ECAR #506579

$359,900
08/04/2006

Expired

ECAR #427738

—
04/22/2006

Listed (Active)

ECAR #427738

$725,000
06/08/2004

Sold (Public Record)

Public Record #136825496

$479,900
06/04/2004

Sold

ECAR #359918

$479,900
05/06/2004

Pending

ECAR #359918

—
04/23/2004

Listed (Active)

ECAR #359918

$489,900
10/01/2003

Expired

ECAR #340759

—
04/01/2003

Listed (Active)

ECAR #340759

$379,900

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

Public Records for 866 Santa Rosa Boulevard, Unit 506

Taxable ValueLand-Additions$585,000Total-
Tax Record2025$7,673 ($639 / month)
Home Facts
Beds2Total Finished SqFt1,244 SqFtAbove Grade Finished SqFt1,244 SqFtLot Size91,610 SqFtStyleCondominiumYear Built2002CountyOKALOOSAAPN00-2S-24-2183-0000-0506

Schools near 866 Santa Rosa Boulevard, Unit 506

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 - K to 12
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

Okaloosa Virtual Instruction Program
PublicK to 12

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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866 Santa Rosa Boulevard, Unit 506 is a condo for sale in Fort Walton Beach, FL 32548. This property was listed for sale on March 9, 2026 by Compass, it's currently listed at $689,500. It has been on the market for a total of 0 days and was last sold on December 2, 2022. 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. 866 Santa Rosa Boulevard, Unit 506 is a 2-bed, 2-bath, 1,244 sqft condo built in 2002.

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.