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1111 Santa Rosa Blvd Unit 409, Fort Walton Beach, FL, 32548

4beds
3baths
1,751sqft
$1,400,000
$800price/sqft
$9,439/moest. monthly cost
$377,560/yrincome needed

About This Home

This is a terrific Buy on Okaloosa Island. The only Four Bedroom Condo available at this time. Property is a vacation Rental and does very well. Can not beat the Gulf front View on the West corner of the Summer Place Building. Unit is conveying Fully furnished and Rental Ready. Pictures will be added in the next few Days as there is a tenant there now.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

5/10
5/10

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 2003

Materials

  • Construction materials: Concrete,Stucco,Steel Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Disposal,Dryer,Microwave,Washer,Electric Water Heater

Bedroom

  • Level: First
  • Area: 165
  • Dimensions: 15 x 11

Bedroom

  • Level: First
  • Area: 143
  • Dimensions: 13 x 11

Bedroom

  • Level: First
  • Area: 110
  • Dimensions: 11 x 10

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Level: First
  • Area: 336
  • Dimensions: 24 x 14

Features

  • Breakfast Bar,Crown Molding,Recessed Lighting,Owner's Closet,Pantry,Shelving,Split Bedroom
  • Window features: Double Pane Windows,Window Treatments
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,751
  • Total interior livable area: 1,751 sqft

Kitchen

  • Level: First
  • Area: 90
  • Dimensions: 10 x 9

Master Bedroom

  • Level: First
  • Area: 168
  • Dimensions: 14 x 12

Property

Details

  • Parcel number: 002S24218200004090

Features

  • Exterior features: Balcony
  • Has view: Yes
  • View description: Gulf
  • Has water view: Yes
  • Water view: Gulf
  • Waterfront features: Gulf

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Tornado
Tsunami

FEMA Declared Disasters in Okaloosa County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,079$84,948
Home Insurance *$659$7,908
Property Taxes $1,504$18,048
Electricity $197$2,366
Total$9,439$113,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$323,622/yr
40% on housing$283,170/yr
45% on housing$251,706/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$800This listing

vs Other Active Listings

Avg $/sqft

ZIP 32548$251
Okaloosa County$261

vs Homes Sold Last Month

Median $/sqft

ZIP 32548$220
Okaloosa County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-20Listed for sale$1,400,000
2023-09-29Sold$1,060,150
2011-05-27Sold$420,000
2011-03-03Price change$450,000
2011-02-11Price change$495,000
2010-12-25Listed for sale$499,000
2010-11-04Listing removed$499,000
2010-10-16Listed for sale$499,000
2010-07-16Listing removed$535,000
2010-02-25Listed for sale$535,000

For Sale by Agent

AgentWilliam G Reddington
BrokerageRE/MAX by the Sea

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