For sale

$425,000

866 Santa Rosa Blvd Unit 302, Fort Walton Beach, FL 32548

1beds

819sqft

$2,717/mo

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Condominium

Built in 2002

-- sqft lot

$412,400 Zestimate^®

$519/sqft

$-- HOA

What's special

Hot tubThird-floor gulf front unitBbq grillsFully furnished unitCovered parkingSeasonally heated poolFitness center

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.

3 days

328

11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Area: 120 Square Feet
Dimensions: 12 x 10

Bathroom

Level: First
Area: 63 Square Feet
Dimensions: 9 x 7

Bathroom

Level: First
Area: 49 Square Feet
Dimensions: 7 x 7

Kitchen

Level: First
Area: 90 Square Feet
Dimensions: 10 x 9

Living room

Description: Dining/Living Combo
Level: First
Area: 224 Square Feet
Dimensions: 16 x 14

Heating

Central

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
Laundry: Washer/Dryer Hookup

Features

Breakfast Bar, Hallway Bunk Beds, Kitchen Island, Recessed Lighting, Owner's Closet, Woodwork Painted
Flooring: Tile, Carpet
Windows: Double Pane Windows, Window Treatments, Hurricane Shutters
Furnished: Yes

Interior area

Total structure area: 819
Total interior livable area: 819 sqft

Property

Features

Exterior features: Outdoor Grill, Balcony, Outdoor Shower
Pool features: Heated, In Ground
Has spa: Yes
Spa features: Heated
Has view: Yes
View description: Gulf
Has water view: Yes
Water view: Gulf
Waterfront features: Gulf, Shore - Beach, Waterfront

Details

Parcel number: 002S24218300000302
Special conditions: Accept Backup Offers

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Concrete, Stucco, Steel Frame

Condition

Construction Complete
New construction: No
Year built: 2002

Utilities & green energy

Water: Public

Community & HOA

Community

Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Fitness Center, Fishing, Handicap Provisions, Picnic Area, Pool, TV Cable, Waterfront, Whirlpool, Short Term Rental - Allowed
Security: Smoke Detector(s)
Subdivision: PELICAN ISLE

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Insurance, Management, Recreational Faclty, Sewer, Cable TV, Trash, Water, Internet

Location

Region: Fort Walton Beach

Financial & listing details

Price per square foot: $519/sqft
Tax assessed value: $400,000
Annual tax amount: $5,246
Date on market: 8/12/2026

Estimated market value

$412,400

$392,000 - $433,000

$1,764/mo

Price history

Date	Event	Price
8/12/2026	Listed for sale	$425,000-10.5%$519/sqft
Source: ECAOR #1009607 Report a problem
12/16/2025	Listing removed	$475,000$580/sqft
Source: ECAOR #978677 Report a problem
6/12/2025	Listed for sale	$475,000+39.7%$580/sqft
Source: ECAOR #978677 Report a problem
7/8/2019	Sold	$340,000-2.6%$415/sqft
Source: ECAOR #824072 Report a problem
5/31/2019	Listed for sale	$348,900+85.6%$426/sqft
Source: Destin Real Estate Group of NWF LLC #824072 Report a problem
5/13/2011	Sold	$188,000-10.5%$230/sqft
Source: Public Record Report a problem
9/26/2010	Listed for sale	$210,000-19.2%$256/sqft
Source: ResortQuest Real Estate of Florida LLC DBA ResortQuest Real Estate #545667 Report a problem
7/8/2003	Sold	$260,000+30.3%$317/sqft
Source: Public Record Report a problem
1/15/2003	Sold	$199,500$244/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,247 +4.4%	$400,000 +9.3%
2024	$5,025 +4.6%	$366,025 -8.5%
2023	$4,804 +16.2%	$400,000 +27%
2022	$4,134 +8.9%	$315,000 +14.5%
2021	$3,796 +12.4%	$275,000 +7.8%
2020	$3,378 +3.5%	$255,000 +4.1%
2019	$3,262 +8.7%	$245,000 +14%
2018	$3,000	$215,000 +7%
2017	$3,000 +4%	$201,000 +9.8%
2016	$2,885 +12.3%	$183,000
2015	$2,570 -3.1%	$183,000 +8.9%
2014	$2,653	$168,000 +9.1%
2013	--	$154,000 +8.5%
2012	--	$142,000 -5.3%
2011	--	$150,000 -10.2%
2010	--	$167,000 -27.1%
2009	--	$229,000 -11.9%
2008	--	$260,000 -21%
2007	--	$329,000 -12%
2006	--	$374,000 +14%
2005	--	$328,000 +61.6%
2004	--	$203,000 +3%
2003	--	$197,000