1150 Santa Rosa Boulevard #414, Fort Walton Beach, FL 32548
Local realty services provided by:CENTURY 21 AllPoints Realty
1150 Santa Rosa Boulevard #414,Fort Walton Beach, FL 32548
$1,025,000
- 3 Beds
- 3 Baths
- 1,513 sq. ft.
- Condominium
- Active
Listed by: scott martineau
Office: re/max coastal properties
MLS#:998315
Source:FL_ECAR
Price summary
- Price:$1,025,000
- Price per sq. ft.:$677.46
- Monthly HOA dues:$1,525
About this home
Fall price adjustment: Azure 414 is now the lowest-priced 3BR/3BA residence of its floor plan in the building, on a higher floor than the next-lowest. Azure has completed its required Structural Integrity Reserve Study (SIRS), the resulting repairs, and a major building renovation, with all special assessments paid and none pending. In today's Florida condo market, buying into a building that is already done matters.
Positioned mid-building on the 4th floor, this 1,513 SF Gulf-front residence offers unobstructed Gulf views, a spacious 273 SF balcony, and a primary suite with private balcony access and a garden tub ensuite. Tile floors, crown molding, granite counters, and stainless appliances throughout. Sold fully furnished and turnkey, with refreshed living room furnishings.
Proven rental performance: $74,312 in gross rental income in 2026 through early October, on pace for its best year yet, following $70,000 in 2023 and $75,000 in 2024. Cleaning fees are paid by guests, and the association's walls-out master insurance is included in the dues. Owners also enjoy an in-unit owner's closet, a storage cage down the hall, a 2025 A/C, and two parking spaces.
Azure amenities include two Gulf-front pools, hot tubs, a fitness center, direct beach access, and full-time on-site management. Walk to the Boardwalk, the Gulfarium, and Okaloosa Island dining and shops. Complete cost to own and rental history available. The Azure unit serious buyers compare everything else against. AZURE #414 -- SIRS AND RENOVATION COMPLETE
Azure has completed its Florida-required Structural Integrity Reserve Study (SIRS), along with the resulting repairs and a major building renovation. Built in 2005, Azure is not yet subject to a milestone inspection under Florida law. All related special assessments have been paid, and none are pending. Association dues of $1,525/month include the walls-out master insurance policy. For buyers comparing older Gulf-front buildings with this work still ahead of them, that difference matters.
THE RESIDENCE 1,513 SF, 3 bedrooms, 3 full baths, 4th floor, Gulf-front with unobstructed Gulf views. 273 SF balcony plus private balcony access from the primary suite. Garden tub ensuite, tile floors, crown molding, granite counters, stainless appliances. Sold fully furnished and turnkey with refreshed living room furnishings. Private owner's closet in the unit, plus a dedicated storage cage in the owners' storage area down the hall. A/C replaced in 2025. Two parking spaces (unassigned, first come, first served).
ACTUAL RENTAL PERFORMANCE (GROSS) 2023: $70,000 | 2024: $75,000 | 2025: $60,000 (transition year from owner self-management to the on-site program) | 2026: $74,312 through early October, with three additional October weeks booked. The current owner's management agreement is 10% of gross, a favorable negotiated rate; a new owner's terms may differ. Cleaning fees are paid by guests.
ANNUAL OWNER EXPENSES Property taxes (2025): $10,657 | HOA: $18,300 | Walls-in unit insurance: $1,975 | Power: approx. $1,560. Net operating income at list price: 2.98% (2023), 3.42% (2024), 2.10% (2025), 3.36% (2026 YTD, partial year against full-year expenses). Full cost to own available.
AZURE 1,513 SF FLOOR PLAN -- MARKET SNAPSHOT Sold: #610 (6th floor), $1,075,000, Jan. 2026 | #307 (3rd floor), $1,000,000, Jan. 2026 Active: #414 (4th floor), $1,025,000 -- THIS LISTING | #214 (2nd floor), $1,060,000 | #113 (1st floor), $1,095,000 | #305 (3rd floor), $1,100,000 #414 is the lowest-priced active residence in this floor plan and sits above every other active unit.
AMENITIES AND LOCATION Two Gulf-front pools, hot tubs, fitness center, direct beach access, and full-time on-site management. Walk to the Boardwalk, the Gulfarium, and Okaloosa Island dining and shops. Information deemed reliable but not guaranteed. Buyers should independently verify all information....
Contact an agent
Home facts
- Year built:2005
- Subdivision & Development:AZURE
- Listing ID #:998315
- Added:224 day(s) ago
- Updated:October 29, 2026 at 03:22 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:8
- Kitchen Description:Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator/Icemaker, Stove/Oven Electric
- Living area:1,513 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:2005
- Building area:1,513 sq. ft.
- Exterior Features:Balcony
Schools
- High school:Fort Walton Beach
- Middle school:Bruner
- Elementary school:Elliott Point
Utilities
- Water:Public Water
Finances and disclosures
- Price:$1,025,000
- Price per sq. ft.:$677.46
- Tax amount:$10,657 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator w/Ice Maker, Stove/Oven Electric, Washer
- Laundry features:Dryer, Washer
- Amenities:Breakfast Bar, Pantry
Parking
- Garage:Yes
- Garage spaces:2
New listings near 1150 Santa Rosa Boulevard #414
- New
$499,000Active3 beds 2 baths1,890 sq. ft.21 NW Linwood Road, Fort Walton Beach, FL 32547
MLS# 1014489Listed by: LPT REALTY LLC - New
$224,950Active2 beds 2 baths1,216 sq. ft.154 SE Scottwood Drive #154, Fort Walton Beach, FL 32548
MLS# 1014485Listed by: COLDWELL BANKER REALTY - New
$299,000Active4 beds 2 baths2,114 sq. ft.155 Homewood Drive, Fort Walton Beach, FL 32548
MLS# 1014477Listed by: ASSURANCE REALTY OF NWFL LLC - New
$639,900Active3 beds 2 baths1,223 sq. ft.1150 Santa Rosa Boulevard #323, Fort Walton Beach, FL 32548
MLS# 1014425Listed by: 1 PERCENT LISTS FLORIDA COAST - New
$260,000Active3 beds 2 baths1,692 sq. ft.760 Shady Street, Fort Walton Beach, FL 32547
MLS# 1014376Listed by: LOKATION - New
$90,000Active0.15 Acres235 NW Bay Street, Fort Walton Beach, FL 32548
MLS# 1014370Listed by: SAGE COUNSEL REALTY LLC - New
$319,000Active3 beds 2 baths1,453 sq. ft.1702 Colonial Court, Fort Walton Beach, FL 32547
MLS# 1013198Listed by: CENTURY 21 WIMCO REALTY INC - New
$225,000Active2 beds 2 baths1,540 sq. ft.33 SE Chatelaine Circle, Fort Walton Beach, FL 32548
MLS# 1014306Listed by: DESTIN LUXURY REAL ESTATE AND RENTAL
$292,000Pending3 beds 2 baths1,064 sq. ft.56 NE Iowa Drive, Fort Walton Beach, FL 32548
MLS# 1013319Listed by: COLDWELL BANKER REALTY- New
$719,000Active4 beds 3 baths2,087 sq. ft.450 Caviar Drive, Fort Walton Beach, FL 32548
MLS# 1014272Listed by: LOKATION