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2 Beds
2 Baths
1,156 sqft

$849,900

866 Santa Rosa 318, Fort Walton Beach FL, 32548

Price per sqft$735.21
Built in2002
Property size1,156 sqft
Property typeCondominium

Overview

Active

Listed Aug 20, 2026

Updated 3 weeks ago

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.

$5,654/mo

Est. mortgage payment based on a $849,900 home price.

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

Additional information

MLS® ID
1010230

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$6,755
Tax Frequency
Annually
View
Yes
Waterfront
Yes
MLS provider logo

Courtesy of Fathom Realty FL LLC, 
Listing Contact: 850-714-2455 

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Data last updated 4:26 AM UTC, 8/21/2026

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