BEDS2
BATHS2 full
SQUARE FEET1,156
MLS#1010230
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONPELICAN ISLE
Property Description
**OPEN HOUSE 10/25 from 1-4pm**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.
Property Features
Property Type: Residential - Condominium
Cooling: Ceiling Fans, Central Air
Heating: Central
Home Style: N/A
Stories: 7.0
Taxes: $6,755
Year Built: 2002
Feature Descriptions
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Licenses/Permits, Management, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
Community Features: Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Dumpster, Elevators, Exercise Room, Fishing, Handicap Provisions, Picnic Area, Pool, TV Cable, Waterfront
Days on Site: 63
Exterior: Concrete
Exterior: Balcony
Financing Terms: Conventional, Other
Flooring: Floor Tile
HOA: Yes
Interior: Breakfast Bar, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Newly Painted, Washer/Dryer Hookup
Parcel Number: 00-2S-24-2183-0000-0318
Pool Features: Pool - In-Ground, Pool Type
Property Condition: Construction Complete
Rooms Total: 6
Sewer: Public Sewer
Special View Info: Gulf
Sub Type: Condominium
Utilities: Electric, Public Water, TV Cable
Waterfront: Gulf
Window: Window Treatment All
Local Schools
High School: Fort Walton Beach
Middle School: Bruner
Elementary School: Edwins
Listed By / Shown By
Listed By
Agency Name: Fathom Realty FL LLC
Shown By
Agency Title: Premier Property Group
Agency Phone: 850-337-1555
Estimate Your Payment
Estimated Payment
$ 2,639.38 per month $1,835.87 Principal & Interest $562.92 Property Tax $240.60 Homeowner's Insurance
866 Santa Rosa, Unit 318 | MLS# 1010230
This condo located at 866 Santa Rosa, Unit 318, Fort Walton Beach, FL 32548 is currently listed for sale with an asking price of $824,900. This property was built in 2002 and has 2 bedrooms and 2 full baths with 1156 sq. ft. Santa Rosa, Unit 318 is located in the PELICAN ISLE subdivision. Search PELICAN ISLE real estate on www.premierfl.com today.