Description of 866 Santa Rosa 318
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.
Legal Description
PELICAN ISLE CONDO UNIT 318
Features of 866 Santa Rosa 318
| MLS® # | 1010230 |
|---|---|
| Price | $849,900 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,156 |
| Year Built | 2002 |
| Type | Condominium |
| Sub-Type | Condominium |
| Style | N/A |
| Status | Active |
Community Information
| Address | 866 Santa Rosa 318 |
|---|---|
| Area | 12 - Fort Walton Beach |
| Subdivision | PELICAN ISLE |
| City | Fort Walton Beach |
| County | Okaloosa |
| State | FL |
| Zip Code | 32548 |
Amenities
| Utilities | Electric, Public Sewer, Public Water, TV Cable |
|---|---|
| View | Gulf |
| Is Waterfront | Yes |
| Waterfront | Gulf |
| Water View | Gulf |
| Has Pool | Yes |
| Pool | In Ground |
Interior
| Interior Features | Breakfast Bar, Hallway Bunk Beds, Kitchen Island, Recessed Lighting, Newly Painted, Washer/Dryer Hookup |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater |
| Heating | Central |
| Cooling | Central Air, Ceiling Fan(s) |
Exterior
| Exterior Features | Balcony |
|---|---|
| Windows | Window Treatments |
| Construction | Concrete |
School Information
| Elementary | Edwins |
|---|---|
| Middle | Bruner |
| High | Fort Walton Beach |
Listing Details
| Office | Fathom Realty FL LLC |
|---|
