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Harrison Lilly

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

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866 Santa Rosa Boulevard Unit 302 , Fort Walton Beach, FL 32548
$425,000
Est. Payment: $2,155.52/mo
1 Bed
2 Bath
819 Sqft
Status: active | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
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House Description

RENTAL MACHINE! On pace to do $47k in 2026 and already has a snowbird for 2027. This third-floor Gulf Front unit is a must-see for buyers. Imagine waking up to the breathtaking sunrise in the east and watching the sunset in the west, all without any obstructions in your view. Priced below its appraisal value, this fully furnished unit is one of the best on the market and won't last long. HVAC was replaced in 2024. Pelican Isle, constructed in 2002, is one of the most sought-after complexes on Okaloosa Island. It offers a range of amenities, including a seasonally heated pool, hot tub, covered parking, fitness center, and BBQ grills. The spacious living area provides a perfect spot to relax after a day at the beach, while the hallway bunks make it an attractive option for families, allowing them to consider reservations. This rental unit has strong rental potential and could be a wonderful investment property for you as well.
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Highlights

Listed by John J Lavin , 850-496-7240 The Beach Group Properties LLC , 850-231-9007. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

2002

County

Okaloosa

Area

12 - Fort Walton Beach

 Neighborhood

Pelican Isle

Listing ID

1009607

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Tile,Floor WW Carpet
Other:
  • ▪ Additional:Breakfast Bar, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup, Woodwork Painted

Exterior Features

Lot:Unit Waterfront,Gulf,Shore - Beach
Others:
  • ▪ Additional:Balcony, BBQ Pit/Grill, Hot Tub, Hurricane Shutters, Shower
Sewer:Public Sewer
Principal Interest
$2,156
Taxes
$437
HOA
$0

Home Price

$425,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$85,000
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:
$2,155.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,155.52 $437.22 $0.00 $2,592.74
Yearly $25,866.24 $5,246.60 $0.00 $31,112.84
Total $775,987.13 $157,398.00 $0.00 $933,385.13

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: 2026-08-20T07:16:22.000Z

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