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1 Bed
2 Baths
819 sqft

$425,000

866 Santa Rosa Boulevard 302, Fort Walton Beach FL, 32548

Price per sqft$518.93
Built in2002
Property size819 sqft
Property typeCondominium

Overview

Active

Listed Aug 12, 2026

Updated 11 days ago

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.

$2,828/mo

Est. mortgage payment based on a $425,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1009607

Interior Features

Bedrooms
1
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$5,247
Tax Frequency
Annually
View
Yes
Waterfront
Yes
MLS provider logo

Courtesy of The Beach Group Properties LLC, 
Listing Contact: 850-496-7240 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Eagle Bay Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:28 AM UTC, 9/26/2026

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