866 Santa Rosa #318, Fort Walton Beach, FL 32548
866 Santa Rosa #318, Fort Walton Beach, FL 32548
866 Santa Rosa #318, Fort Walton Beach, FL 32548
866 Santa Rosa #318, Fort Walton Beach, FL 32548
866 Santa Rosa #318, Fort Walton Beach, FL 32548
866 Santa Rosa #318, Fort Walton Beach, FL 32548
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$ 849,900
Est. payment | /mo

2 Beds

2 Baths

1,156 SqFt


Save
$ 849,900
Est. payment | /mo
Save

2 Beds

2 Baths

1,156 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,156 sqft

Price per Sqft $735

Subdivision Pelican Isle

MLS Listing ID 1010230

Bedrooms 2

Full Baths 2

HOA Fees $1,242/mo

HOA Y/N Yes

Year Built 2002

Annual Tax Amount $6,755

Tax Year 2025

Property Sub-Type Condominium

Source Emerald Coast Association of REALTORS®

Land Area 1156

Property Description

An exceptional rental opportunity awaits on coveted Okaloosa Island. This beautifully renovated corner-unit condo offers a turnkey investment with stunning Gulf views all around with and an inviting, upscale atmosphere designed to impress guests.
The property has undergone a comprehensive makeover, thoughtfully incorporating high-end upgrades throughout. Highlights include a beautifully updated kitchen with new appliances, a striking waterfall granite island, an upgraded bathroom featuring designer tile, enhanced interior flooring, calming neutral paint selections, and upgraded lighting fixtures.
All furnishings convey with the property, making this a truly turnkey opportunity that is ready to welcome guests from day one.
The unit is currently projected to gross approximately $69,000 in 2026, with revenue already established for 2027--providing both immediate rental potential and a strong foundation for continued income.
With its prime location, exceptional Gulf views, sophisticated updates, and established rental revenue, this is an outstanding opportunity to own a stylish and income-producing retreat in one of the Emerald Coast's most sought-after destinations.

Location

State FL

County Okaloosa

Community Short Term Rental - Allowed, Bbq Pit/Grill, Beach, Dumpster, Elevators, Exercise Room, Fishing, Handicap Provisions, Picnic Area, Pool, Tv Cable, Waterfront

Area 12 - Fort Walton Beach

Direction Santa Rosa Blvd to Venus Ct and then take a left. Pelican Isle Condominium will be straight ahead.

Rooms

Primary Bedroom Level Main

Master Bedroom true

Dining Room true

Kitchen true

Interior

Interior Features Breakfast Bar, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Newly Painted, Washer/Dryer Hookup

Heating Central

Cooling Ceiling Fans, Central Air

Flooring Floor Tile

Furnishings Furnished - All

Window Features Window Treatment All

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect

Exterior

Exterior Feature Balcony, In-Ground Pool, Balcony

Pool Pool - In-Ground, Pool Type

Community Features Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Dumpster, Elevators, Exercise Room, Fishing, Handicap Provisions, Picnic Area, Pool, TV Cable, Waterfront

Utilities Available Electric, Public Water, TV Cable

Waterfront Description Gulf

View Gulf

Accessibility 98

Garage No

Building

Faces Santa Rosa Blvd to Venus Ct and then take a left. Pelican Isle Condominium will be straight ahead.

Sewer Public Sewer

New Construction No

Schools

Elementary Schools Edwins

Middle Schools Bruner

High Schools Fort Walton Beach

Others

Pets Allowed No

HOA Fee Include Accounting, Ground Keeping, Insurance, Internet Service, Management, Sewer, TV Cable, Trash, Water

Tax ID 00-2S-24-2183-0000-0318

Security Features Fire Alarm/Sprinkler

 Emerald Coast MLS - IDX
Listed by Vanessa L Wight Fathom Realty FL LLC

Nearby Locations

Seth Matthews

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 830-7208

sethreal850@gmail.com

174 Watercolor Way, #103143 Santa Rosa Beach, Florida 32459, USA

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866 Santa Rosa #318