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Back 405/520 Santa Rosa Boulevard
Off Market

405/520 Santa Rosa Boulevard

Fort Walton Beach FL 32548

2
2
1
1089 sq. ft.
Condo
Last sold for $565,000
Marisela MolnarMarisela Molnar, last sold this property on 29 September 2026 after 159 days on market.

Overview

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.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
1089 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Fort Walton Beach over the last 12 months, the estimated median property value of 405/520 Santa Rosa Boulevard is $375k.

Median value
$375k
Estimated value range
$82k - $880k
Median days on market
93
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Fort Walton Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 405/520 Santa Rosa Boulevard

2026
Sold
$565,000
29 Sep 2026 by Marisela Molnar, of ERA American Real Estate - Crestview

Happy sellers in Fort Walton Beach

92%
92% of sellers in Fort Walton Beach reported that their sale price either exceeded or met their price expectations.

Fort Walton Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Fort Walton Beach over the last 12 months.

Local market activity for 2 bedroom condos in Fort Walton Beach

In the last 12 months, 91 two-bedroom condos similar to 405/520 Santa Rosa Boulevard, have been sold.

This represents a 26% decrease in two-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Fort Walton Beach

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Melinda Vazquez

Melinda Vazquez is an award winning recommended agent for Fort Walton Beach.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (16 reviews)
  •  2 Reviews in Fort Walton Beach
  •  2 Sales in Fort Walton Beach
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Susan Sharpe

Susan Sharpe is a recommended agent for Fort Walton Beach.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (57 reviews)
  •  2 Reviews in Fort Walton Beach
  •  2 Sales in Fort Walton Beach
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Crystal Watkins

Crystal Watkins is an award winning recommended agent for Fort Walton Beach.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (30 reviews)
  •  2 Reviews in Fort Walton Beach
  •  1 Sale in Fort Walton Beach
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Diyana Rosas

Diyana Rosas is a recommended agent for Fort Walton Beach.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (6 reviews)
  •  2 Reviews in Fort Walton Beach
  •  1 Sale in Fort Walton Beach
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