Fort Walton Beach · Condo Building
Waterscape Resort Condos for Sale
Waterscape Resort in Fort Walton Beach sits in B-3 island zoning, which allows hotel uses. Its 340 parcels on the county roll all share one outline, and 222 of its 340 addressed locations fall inside a special flood hazard area, 67 of them in the coastal high hazard VE zone.
Updated
2008
Year Built
339
Total Units
No
Gulf Front
Year built, floor and unit figures are as published by the sources cited at the foot of this page. Confirm them against the association's own documents during diligence.
Guest rating
4.8 out of 5
From 7,016 guest reviews on Airbnb and Vrbo
Across 149 rental listings with guest reviews in Waterscape Resort
- Airbnb 4.8
- Vrbo 4.8
About Waterscape Resort
Height is the first thing the record explains about this property. It stands on Okaloosa Island in unincorporated Okaloosa County, outside the city limits of Fort Walton Beach even though it carries that city's postal address, and it is zoned B-3 under the Okaloosa Island Protective Covenants and Restrictions, and those covenants state that no building in a B-3 light commercial and concession area shall exceed seventy-five feet in height measured from sea level. That is why a resort of this size is six addressed levels rather than twenty, and the county address file bears it out, returning units on levels one through six with the counts varying level by level rather than repeating a single placeholder. Under the cap Waterscape has no high floors to sell, unlike some towers on the Fort Walton Beach condos for sale index, so its units sort by outlook and by distance to the dune line, and the Waterscape market analytics page carries the sales recorded under those limits. The condominium itself is recorded once, under the legal name WATERSCAPE at 1110 Santa Rosa Boulevard, with an actual year built of 2008 and a header record stating a total of 339 units across 9.4 acres. Frontage deserves a plain answer: the parcel does not touch the water. Two public parcels lie between its southern line and the shoreline rather than one. A 66.4 acre parcel of Santa Rosa Island, recorded as beach area and owned by the Okaloosa County Board of County Commissioners, borders roughly 490 feet of the property's own south side, and a separate 14.3 acre parcel owned by the United States Government borders about 835 feet of its east side, a longer run along a different side rather than a smaller share of the same line. Beach use here therefore rests on the island covenants and on public ownership rather than on anything the condominium holds, and which public owner a resident crosses depends on where along the property they walk out. Flood mapping is the one thing no single answer covers, and the numbers deserve stating plainly. Every one of the 340 unit parcels here is drawn as the same 9.4 acre outline, to eight decimal places, so no county query can place an individual residence in a flood zone; only that residence's own elevation certificate can. Read instead at the 340 addressed locations the county address file carries for this property, which that file plots at 71 distinct mapped points, the FEMA mapping comes back five different ways. Inside a special flood hazard area sit 129 in AE at a base flood elevation of 9 feet, 67 in VE at 15 feet and 26 in AO at a mapped depth of 1 foot, which is 222 of the 340 or about 65 percent, with those 67 in the coastal high hazard category that carries the steepest cost of all. The remaining 118 sit outside one: 42 on ground mapped as minimal hazard, and 76 within the band drawn for a 0.2 percent annual chance. Reading the same outline by ground covered rather than by address adds a sixth mapping no addressed point falls in: a second AE area, at a base flood elevation of 8 feet, holds roughly 0.8 acres along the western side. The federal flood layer agrees with the county at every location tested, that sixth area included. Because that spread is the widest thing on this site, pull the mapping and the elevation certificate for the specific address before trusting any insurance figure quoted for the property.
HOA & Fees
What is the HOA fee at Waterscape Resort?
As of November 11, 2026, the 10 Waterscape Resort condos for sale that report a fee on the MLS list HOA fees from $732 to $1,315 a month, with a median of $1,140 a month. Fees vary with unit size and type, so the fee for a specific residence is the one its listing and the association state.
Based on 10 active MLS listings that report an HOA fee. See the listings
Two facts shape this budget more than unit size does. The first is that the association's land stops short of the shoreline, so the sand in front is public ground, roughly 490 feet of the property's south side under county ownership and a separate 835 foot stretch of its east side under federal ownership, and the dune crossings serving it are used under the island covenant regime rather than maintained as private common elements. The second is the flood mapping, and it is not uniform across this site: read at each of the 340 addressed locations here, the county's FEMA flood layer places 222 of them inside a special flood hazard area, being 129 in AE at a base flood elevation of 9 feet, 67 in VE at 15 feet and 26 in AO at a mapped depth of 1 foot, and places the remaining 118 outside one, being 76 mapped within the 0.2 percent annual chance band and a final 42 as an area of minimal flood hazard. Those figures count addressed points rather than ground, and the same outline read by coverage carries a sixth mapping none of them lands in, a second AE area at a base flood elevation of 8 feet over roughly 0.8 acres of the western side. All 340 unit parcels share a single outline, so the county file cannot narrow any of it to a residence. For that, a buyer needs the specific unit's elevation certificate. The insurance footing therefore differs between units in the same resort and cannot be read off one figure quoted for the property. Florida law still requires a structural integrity reserve study for a residential building of three stories or more, and reserves identified by that study cannot be voted elsewhere in budgets adopted from 31 December 2024. Read the study before reading the assessment.
Rental Policy
Short-term rentals: allowed. Confirm the current minimum stay and registration with the association.
Despite its mailing address, Waterscape Resort answers to Okaloosa County, not the City of Fort Walton Beach. The county points owners to the recorded Okaloosa Island covenants. Those covenants restrict the B-1 private residential zone. The Waterscape land is zoned B-3, where the covenants list hotel, hotel court and apartment house uses carried over from B-1 and B-2. Unsure of a zone? The county asks you to call Growth Management. A state lodging license is still required. Register for the tourist development tax with the Clerk of Courts. Above all of this sits the Waterscape declaration. Ask the association for it.
What guests say about staying here
Combined Airbnb and Vrbo ratings for the vacation rentals in Waterscape Resort.
4.8 out of 5
7,016 reviews across 149 reviewed listings
- Airbnb 4.8 from 2,156 reviews on 74 reviewed listings
- Vrbo 4.8 from 4,860 reviews on 75 reviewed listings
What Airbnb guests rate
- Cleanliness4.8
- Accuracy4.9
- Check-in4.9
- Communication4.9
- Location4.9
- Value4.8
Guests rate communication highest.
These ratings describe the vacation rentals in Waterscape Resort, not any one unit for sale.
Market data by Key Data · 133 units tracked in Waterscape Resort · Nov 2025 to Nov 2026
- 339 recorded units on a 9.4 acre parcel
- Six addressed residential levels under a 75 foot island height cap
- County and federally owned island beach directly south
- Six FEMA flood mappings across the site, 222 of 340 addressed locations inside a special flood hazard area
- B-3 island zoning permitting hotel and apartment uses
Waterscape Condos for Sale: What to Know
Waterscape is a 2008 resort of 339 recorded units on 9.4 acres at 1110 Santa Rosa Boulevard, on Okaloosa Island in unincorporated Okaloosa County. Island covenants cap building height at 75 feet above sea level; the resort stands six addressed levels. The parcel itself does not touch the water. County-owned beach lies along its south side and federally owned land along its east side, between the property and the shoreline.
Flood mapping changes across the site, so when a Waterscape condo for sale catches your eye, the elevation certificate for that specific unit is the document to ask for. We pull it, along with the association's budget, before you write an offer.
Live Inventory
Active Listings at Waterscape Resort

$980,000
1110 Santa Rosa Boulevard Unit C400
Fort Walton Beach, FL 32548

$699,000
1110 Santa Rosa Boulevard Unit A333
Fort Walton Beach, FL 32548

$565,500
1110 Santa Rosa Boulevard Unit A430
Fort Walton Beach, FL 32548

$874,000
1110 Santa Rosa Boulevard Unit A112
Fort Walton Beach, FL 32548

$875,000
1110 Santa Rosa Boulevard Unit B308
Fort Walton Beach, FL 32548

$675,000
1110 Santa Rosa Boulevard Unit A109
Fort Walton Beach, FL 32548

$670,000
1110 Santa Rosa Boulevard Unit A421
Fort Walton Beach, FL 32548

$675,000
1110 Santa Rosa Boulevard Unit A415
Fort Walton Beach, FL 32548

$867,500
1110 Santa Rosa Boulevard Unit B514
Fort Walton Beach, FL 32548

$584,800
1110 Santa Rosa Boulevard Unit B322
Fort Walton Beach, FL 32548
The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.
Building Answers
Waterscape Resort FAQ
How much is the HOA fee at Waterscape Resort?
As of November 11, 2026, the 10 Waterscape Resort condos for sale that report a fee on the MLS list HOA fees from $732 to $1,315 a month, with a median of $1,140 a month. Fees vary with unit size and type, so the fee for a specific residence is the one its listing and the association state.
Why is this resort only six levels tall when the towers east of here are much higher?
Waterscape stands on Okaloosa Island, where the county's recorded protective covenants cap a B-3 building at seventy-five feet measured from sea level. The county address file places units on six levels, with counts that change from one level to the next, which fits that cap. The address file is not an official story count, so the county's building records are where a buyer confirms the exact figure.
Does Waterscape own its beach?
No, the 9.4 acre Waterscape parcel stops short of the shoreline, and the ground in front of it has two public owners. A 66.4 acre Santa Rosa Island parcel owned by the Okaloosa County Board of County Commissioners borders roughly 490 feet of the property's south side, and a separate 14.3 acre parcel owned by the United States Government borders about 835 feet of its east side. Both public parcels fall inside VE, the coastal high hazard zone FEMA maps for ground exposed to open water wave action. That fits an open Gulf shoreline, but a flood boundary is not a title line, and the county's water body layer has no Gulf shoreline to test either parcel against. Beach use here rests on the island covenants and on public ownership, and a survey of the public parcels is the record that would show where their title meets the water.
Is this address inside the City of Fort Walton Beach?
No, the county governs Waterscape directly, and its mailing address does not put it inside the city. The county's city limits layer returns UNINCORPORATED at every point tested on this parcel. Okaloosa Island is governed by the county, which inherited the Okaloosa Island Authority's covenants in 1975, so county rules and those covenants apply rather than any city ordinance.
Which FEMA flood zones reach the Waterscape units on Santa Rosa Boulevard?
Five different mappings reach its 340 addressed locations: 129 fall in AE at a base flood elevation of 9 feet, 67 in VE at 15 feet and 26 in AO at a depth of 1 foot, while the remaining 118 sit outside a special flood hazard area. Because every unit parcel shares one outline, no county query can place a single residence. The elevation certificate for that residence, checked against the FEMA flood map, is what settles its zone.
Does B-3 island zoning let Waterscape owners take short-stay guests?
Island zoning puts no bar on short stays at Waterscape. Part E of the 1955 Okaloosa Island covenants lists hotel, hotel court and apartment house uses for B-3 land like this parcel, and the county's owner guidance names only the B-1 residential zone as restricted. An owner who takes guests still needs a state lodging license and a county tourist development tax account with the Clerk of Courts. Above both sit the WATERSCAPE condominium declaration recorded for 1110 Santa Rosa Boulevard and the association's current rules, which decide whether a given unit may be let; the association holds copies of both.
Sources
- Okaloosa County IGIS: Parcels layer, the Waterscape series and both public beach parcels south of it (accessed August 23, 2026)
- Okaloosa County IGIS: Site Address layer, 1110 Santa Rosa Boulevard (accessed August 23, 2026)
- Okaloosa County IGIS: Zoning layer at this parcel (accessed August 23, 2026)
- Okaloosa County IGIS: City Limits layer at this parcel (accessed August 23, 2026)
- Okaloosa County: Okaloosa Island Protective Covenants and Restrictions (accessed August 21, 2026)
- Okaloosa County: short-term rental information for owners (accessed August 21, 2026)
- Okaloosa County IGIS: FEMA flood layer, the six mappings recorded under this site (accessed August 23, 2026)
- FEMA National Flood Hazard Layer: the point this page stores (accessed August 23, 2026)
- Florida Statutes 718.112: bylaws, budgets and reserves (accessed August 21, 2026)
- Okaloosa County IGIS: WaterBodies layer (28), attribute and spatial queries re-run today (accessed September 28, 2026)
- Okaloosa County IGIS: Parcels layer (11), real ring geometry for both public parcels (accessed September 28, 2026)
- FEMA National Flood Hazard Layer: county beach parcel queried against its real polygon (accessed September 28, 2026)
- FEMA National Flood Hazard Layer: federal parcel queried against its real polygon (accessed September 28, 2026)
- Florida DOR Statewide Cadastral service definition, Okaloosa County coverage (accessed September 28, 2026)
- USGS National Map: NHD Waterbody, Large Scale layer, offshore Gulf point (accessed September 28, 2026)
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