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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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520 Santa Rosa Boulevard Unit 100 , Fort Walton Beach, FL 32548
$549,900
Est. Payment: $2,788.99/mo
3 Bed
3 Bath
1347 Sqft
Status: active | Days on site: 149
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Island Princess #100 offers a Gulf-front ownership opportunity on Okaloosa Island with projected annual vacation rental income of approximately $60,000. This 1,347 square foot, 3-bedroom, 3-bathroom condo combines direct Gulf views, brand-new appliances, and a layout designed for both personal enjoyment and vacation rental use. The open living, dining, and kitchen area is positioned to take advantage of Gulf views and natural light. Large sliding glass doors connect the main living space to a private Gulf-front balcony, creating an easy indoor-outdoor flow centered around the water. The kitchen features brand-new stainless steel appliances, providing an updated and functional space for everyday use or guest stays. The Gulf-front primary bedroom includes balcony access and water views. Two additional bedrooms provide flexible sleeping space for guests, owners, or vacation renters, making the 3-bedroom layout valuable for both rental performance and personal use. Island Princess is a well-maintained Gulf-front resort with a beachfront pool, hot tub, fitness center, and direct beach access. The Okaloosa Island location offers convenient access to Destin Harbor, restaurants, shopping, entertainment, and local attractions. Buyer to verify all dimensions.

Highlights

Listed by Christina M Schlink , 850-368-1474 Compass , 850-296-9769. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

1999

County

Okaloosa

Area

12 - Fort Walton Beach

Neighborhood

Island Princess Condo Unit 100

Listing ID

997424

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Tile,Floor Vinyl
Other:
  • Additional:Kitchen Island, Owner's Closet

Exterior Features

Lot:Gulf
Others:
  • Additional:BBQ Pit/Grill, Hot Tub, Patio Open
Sewer:Public Sewer
Principal Interest
$2,789
Taxes
$603
HOA
$0

Home Price

$549,900

Loan Details

30 yrs
6.529%

Down Payment

20%
$109,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,788.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,788.99 $603.38 $0.00 $3,392.36
Yearly $33,467.87 $7,240.51 $0.00 $40,708.38
Total $1,004,036.06 $217,215.30 $0.00 $1,221,251.36

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Fort Walton Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:32:47.000Z

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