Excessive phosphorus discharge from aquaculture effluent significantly contributes to coastal eutrophication, while conventional adsorbents exhibit limited phosphorus removal efficiency in high-salinity, weakly alkaline seawater effluent. This study developed iron/calcium co-modified chlorella biochar (FCBC) through co-impregnation and high-temperature pyrolysis, optimizing the preparation process via the Box–Behnken response surface method. The optimal conditions were identified as an iron concentration of 2.5 mol/L, a calcium concentration of 2.0 mol/L, a pyrolysis temperature of 717 °C, and a duration of 113 min. Under these conditions, FCBC achieved a phosphorus removal rate of 93.23% within 3 h, which was significantly higher than that of the unmodified Chlorella biochar (BC, <8% within the same reaction time). The Fe/Ca co-modification endowed FCBC with a positively charged surface, an increased average pore size of 22.773 nm, and good magnetic responsiveness (saturation magnetization of 6.68 emu·g−1). FCBC demonstrated remarkable adaptability, achieving over 97% phosphorus removal across a pH range of 3 to 11, salinity levels of 5 to 40‰, and phosphorus concentrations of 1 to 15 mg/L. Its adsorption kinetics conformed to pseudo-second-order kinetics (R2 = 0.987) and the Freundlich model (R2 = 0.971), with efficient phosphorus removal primarily attributed to iron–calcium synergistic effects. FCBC presents significant potential for phosphorus treatment in marine aquaculture effluents.