Ad #7610327
MLS #1001274
Turn-Key Gulf-Front Investment with Proven Rental Income at
520 Santa Rosa Blvd 405, Fort Walton Beach, FL 32548
$615,000
2Beds
2Baths
1,089Sqft
--Acres
About this property
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 decor 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.
Property Features
2 Beds
2 Baths
1,089 Sqft
Built in 1999
0.000 Acres
On Beachfront
Covered
Siding: Concrete, Stucco
Central
Okaloosa County
ISLAND PRINCESS Community
Additional Photos
Contact Information
Marisela F Molnar
ERA American Real Estate
850-305-0936
Location
Listing Agent: Marisela F Molnar (License #: 3377784) 850-305-0936
Broker: ERA American Real Estate 850-651-2454 Listing Site
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.
Broker: ERA American Real Estate 850-651-2454 Listing Site
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.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$615,000
2
Beds
2
Baths
1,089
Sqft
520 Santa Rosa Blvd 405, Fort Walton Beach, FL 32548
By contacting this agent you agree to these Terms and Conditions.
MLS# 1001274
Turn-Key Gulf-Front Investment with Proven Rental Income at
$615,000
520 Santa Rosa Blvd 405, Fort Walton Beach, FL 32548
2
Beds
2
Baths
1,089
Sqft
--
Acres
$615,000
520 Santa Rosa Blvd 405, Fort Walton Beach, FL 32548
2 Beds
2 Baths
1,089 Sqft
-- Acres
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 decor 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.
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Property Details
HOME DETAILS
2 Beds
2 Baths
1,089 Sqft
Built in 1999
0.000 Acres
BEACH & VIEW
On Beachfront
EXTERIOR
Covered
Siding: Concrete, Stucco
INTERIOR
Central
FINANCIAL & COMMUNITY
Okaloosa County
ISLAND PRINCESS Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7610327
Viewed
87 times
Listing Status
Active
Added
Apr 22, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Emerald Coast Association of Realtors
Source Property ID
1001274
Listing Agent: Marisela F Molnar (License #: 3377784) 850-305-0936
Broker: ERA American Real Estate 850-651-2454 Listing Site
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.
Broker: ERA American Real Estate 850-651-2454 Listing Site
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.
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