Island Princess Condos for Sale

About Island Princess

Island Princess is recorded at 520 Santa Rosa Boulevard on Okaloosa Island under a Fort Walton Beach mailing name; the Fort Walton Beach city page describes that city, whose limits stop short of this site. The state's 2026 tax roll lists 138 parcel numbers in one series on a single outline of about 3.4 acres: 137 residential condominium units and one commercial-class interest, labeled C1, of 334 square feet. The roll dates all 138 to 1999. The homes are numbered 100 through 719 in seven hundred-series, which read as seven levels, while the county building official's file holds the actual story count. The 100 series holds 17 homes where each of the others holds 20, and the numbers 108, 117 and 118 do not appear on the roll at all. Living areas fall into four sizes: 1,347 square feet for 62 homes, 1,089 for another 62, 887 for six and 804 for seven. Each stack keeps one size from the 100 series to the 700 series, which makes the last two digits of a unit number the key for matching sales on the Island Princess market analytics.

Okaloosa County's island covenants list the Gulf-side lots of Blocks 4 and 5, between Santa Rosa Boulevard and the leaseholders' beach, as B-2, the class for apartment houses, tourist courts and hotels. Island Princess stands on that Gulf side of the boulevard, with Block 4 lot 204 recorded just east of it and Block 5 lot 282 just west. Both fall inside the B-2 ranges, and since the tax roll gives the condominium no lot number of its own, those two neighbors are what place it in that class. B-2 caps buildings at 75 feet, measured from sea level, and any change to the structure calls for written plan approval and a county permit first. Covenant classes and flood areas shift from lot to lot on the island, so its neighbors among the condo buildings across Fort Walton Beach can sit under different terms. Census boundaries leave the building outside every incorporated place, which puts Okaloosa County in charge locally.

Three details decide when Island Princess owes its first milestone inspection under section 553.899: the seven levels its unit numbers imply, the date the building official first signed off on the finished building (the roll says 1999, but that official's record governs), and whether the local enforcement agency shortened the clock to 25 years because of salt water. A 1999 start means the end of 2024 under the shorter clock or the end of 2029 under the standard 30-year one, so the report may already exist, and the association is where a buyer asks for it.

FEMA's national flood map divides the outline among four flood areas: Zone VE at 12 feet over roughly three-tenths of it, Zone AE at 9 feet over about three-fifths, a smaller share in Zone AE at 8 feet, and a sliver in Zone AO at a depth of 3 feet. A home's own exposure can therefore differ from the building's label, and an elevation certificate for the specific unit settles it.