520 Santa Rosa Blvd Unit 405, Fort Walton Beach, FL 32548

$615,000
2
BD
2
BA
1,089
SqFt

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List Price
$615,000
Days on Market
96
MLS#
1001274
Status
ACTIVE
Type
Condo
Subtype
Condominium
Bedrooms
2
Bathrooms
2
Full Bathrooms
2
Living Area
1,089
Neighborhood
Okaloosa Island

Property Description

Turn-Key Gulf-Front Investment with Proven Rental Income at Island Princess Welcome to one of Okaloosa Island's premier Gulf-front resorts where strong rental history meets effortless coastal living. This beautifully maintained 2-bedroom, 2-bath unit has been owned by the same owner for over 20 years and offers a consistent, proven rental track record making it an exceptional opportunity for investors or those seeking a second home that pays for itself. Step inside to a spacious, open floor plan designed to maximize both comfort and views. Enjoy unobstructed Gulf views from the living room and primary suite, with two access points leading to a private covered balcony perfect for morning coffee, sunset watching, and spotting dolphins right offshore. This unit is truly turn-key and rental -ready, offered fully furnished with updated décor and furnishings, stainless steel appliances, updated gold kitchen and bath hardware, all white kitchen cabinets and countertops giving the luxurious-beachy vibe, plus an updated HVAC system and water heater. Additional conveniences include deeded covered parking and in-unit laundry. Residents and guests enjoy resort-style amenities including a Gulf-front pool, hot tub, beach service available for guest, and approximately 500 feet of pristine white sand beach. Location is everything and this unit delivers. Just minutes from: The Boardwalk on Okaloosa Island for dining, shopping, and nightlife Gulfarium Marine Adventure Park for family-friendly entertainment Okaloosa Island Pier for fishing and sightseeing HarborWalk Village just a short drive away for waterfront dining, boating, and events. Plus easy access to grocery stores, beach shops, and local favorites throughout Fort Walton Beach and Destin Whether you're looking for a high-performing vacation rental, a second home, or a full-time beachfront retreat, this unit checks every box.

Additional Information

Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Elementary School
Elliott Point
Exterior Features
Balcony
High School
Choctawhatchee
Interior Features
Breakfast Area, Lock Out, Washer Hookup
Legal Description
ISLAND PRINCESS CONDO UNIT 405
Middle School
Bruner
Neighborhood
Okaloosa Island
Parking Features
Deeded, Covered
Community Features
BBQ Pit/Grill, Beach Access, Community Room, Deed Access, Elevator, Exercise Room, Pool, Cable TV, Water Access, Short Term Rental Allowed
Subdivision
Island Princess
Waterfront Features
Gulf, Gulf Access
View
Gulf
Year Built
1999

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ERA American Real Estate.

Vendor Member Number : 28166