Pelican Isle Real Estate

Pelican Isle Real Estate

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Pelican_Isle and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

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Newest Listings in Pelican Isle

866 Santa Rosa Blvd Unit 105, Fort Walton Beach
$439,900
1 Beds ⋅ 2 Baths ⋅ 1012535 MLS
Rental projections of $50,000+ gross makes this a great investment. Beautifully decorated gulf front condo being sold fully furnished and rental ready. Sliding glass door that leads out to a private balcony where you can watch the dolphins play, listen to the waves while enjoying the views of the sugar white beaches and the emerald waters. Light and bright kitchen totally remodeled with stainless steel appliances, granite counter tops with lots of counter space, plenty of cabinets and breakfast bar covered in shiplap. Custom bunk beds in alcove that provides a fold out full size bed on the bottom with a full bathroom off the hallway. Located conveniently on the first floor (second floor above ground level) and you don't have to wait for the elevator. Your unit is just steps away from the Rental projections of $50,000+ gross makes this a great investment. Beautifully decorated gulf front condo being sold fully furnished and rental ready. Sliding glass door that leads out to a private balcony where you can watch the dolphins play, listen to the waves while enjoying the views of the sugar white beaches and the emerald waters. Light and bright kitchen totally remodeled with stainless steel appliances, granite counter tops with lots of counter space, plenty of cabinets and breakfast bar covered in shiplap. Custom bunk beds in alcove that provides a fold out full size bed on the bottom with a full bathroom off the hallway. Located conveniently on the first floor (second floor above ground level) and you don't have to wait for the elevator. Your unit is just steps away from the white sands.

866 Santa Rosa Blvd Unit 105, Fort Walton Beach
866 Santa Rosa, Unit 318, Fort Walton Beach
$824,900
2 Beds ⋅ 2 Baths ⋅ 1010230 MLS
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.

866 Santa Rosa, Unit 318, Fort Walton Beach
866 Santa Rosa Blvd Unit 302, Fort Walton Beach
$425,000
1 Beds ⋅ 2 Baths ⋅ 1009607 MLS
RENTAL MACHINE! On pace to do $47k in 2026 and already has a snowbird for 2027. This third-floor Gulf Front unit is a must-see for buyers. Imagine waking up to the breathtaking sunrise in the east and watching the sunset in the west, all without any obstructions in your view. Priced below its appraisal value, this fully furnished unit is one of the best on the market and won't last long. HVAC was replaced in 2024. Pelican Isle, constructed in 2002, is one of the most sought-after complexes on Okaloosa Island. It offers a range of amenities, including a seasonally heated pool, hot tub, covered parking, fitness center, and BBQ grills. The spacious living area provides a perfect spot to relax after a day at the beach, while the hallway bunks make it an attractive option for families, allowing them to consider reservations. This rental unit has strong rental potential and could be a wonderful investment property for you as well.

866 Santa Rosa Blvd Unit 302, Fort Walton Beach
866 Santa Rosa Blvd Unit 102, Fort Walton Beach
$425,000
1 Beds ⋅ 2 Baths ⋅ 1004501 MLS
Welcome to your dream beachfront escape! A unique feature of Pelican Isle 102 is its elevated position above the parking garage. While numbered as a first-floor unit, it is not ground level, offering enhanced Gulf views, added privacy, and easy access without sacrificing elevation. This beautifully updated Gulf-front 1-bedroom, 2-bath condo provides direct access to Fort Walton Beach's sugar-white sand beaches. This cozy and inviting beachfront retreat is a rare find on Okaloosa Island, featuring over $60K in renovations and upgrades. Designed for both comfort and functionality, the spacious floor plan includes built-in hallway bunk beds and a sleeper sofa, providing plenty of room for family and guests. The interior showcases luxury vinyl plank flooring with an added sound barrier, creating a quiet and comfortable atmosphere. Beautifully updated bathrooms feature gorgeous walk-in showers and high-end finishes. Enjoy a full-size washer and dryer plus a newer HVAC system for comfort and efficiency. The open-concept kitchen offers granite countertops, stainless steel appliances, a tile backsplash, and ample storage, making it ideal for entertaining or preparing meals after a day at the beach. The living area is warm and welcoming, highlighted by a charming faux fireplace that adds character and ambiance. Your private Gulf-front balcony, furnished with Polywood seating, is the perfect place to enjoy morning coffee, coastal breezes, and breathtaking beach sunsets. Turnkey!

866 Santa Rosa Blvd Unit 102, Fort Walton Beach
866 Santa Rosa Blvd Unit 506, Fort Walton Beach
$624,000
2 Beds ⋅ 2 Baths ⋅ 997404 MLS
NEW PRICE + GULF-FRONT LOCATION. Pelican Isle 506 offers an opportunity to own directly on the Gulf on Okaloosa Island with 2 bedrooms, 2 baths, and hallway bunks for added sleeping flexibility. The open living area is filled with natural light and opens to a private balcony overlooking the emerald water and white-sand shoreline--an ideal setting for morning coffee, sunset views, or simply enjoying the sound of the Gulf. The kitchen, dining, and living spaces flow together for easy everyday use, whether the condo is enjoyed as a personal beach retreat, second home, or vacation rental. The flexible layout provides comfortable space for family and guests while keeping the focus on the view. Pelican Isle amenities include direct beach access, a Gulf-front pool and hot tub, fitness center, and covered parking. The property is also conveniently located near the dining, shopping, entertainment, and attractions of Fort Walton Beach and Destin. With a newly repositioned price, Unit 506 offers a compelling opportunity to own Gulf-front on Okaloosa Island with the views, flexibility, and rental potential buyers are looking for.

866 Santa Rosa Blvd Unit 506, Fort Walton Beach
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