Fort Walton Beach Real Estate Search

Fort Walton Beach Properties for Sale

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Newest Fort Walton Beach Properties for Sale

$1,300,000
5 Beds 5 Baths 993867 MLS
Experience exceptional waterfront living on this rare deep-water property, perfectly positioned on a spacious 0.66-acre lot. This all-brick residence, complete with a separate guest carriage house, offers breathtaking water views, direct Gulf access, and an unbeatable location just minutes from shopping, dining, VPS Airport, Fort Walton Beach Medical Center, Hurlburt Field, and Eglin Air Force Base. Thoughtfully updated, recent improvements include a new boat lift and ski lifts, fresh interior paint, a tankless water heater, updated lighting, new landscaping, and newly constructed stairs for both the rear deck and carriage house. The home was completely renovated in 2006, taken down to the studs and rebuilt with new plumbing, electrical systems, and high-quality finishes throughout. The main home features three bedrooms and two-and-a-half baths on the upper level. The lower level provides additional living space with a fourth bedroom, full bath, expansive family room, and a cozy wood-burning fireplace. Above the garage, the private carriage house offers a one-bedroom, one-bath layout complete with a living room and full kitchen, making it ideal for guests, extended family, or rental opportunities. Combining deep-water access, expansive outdoor space, and a beautifully maintained interior, this remarkable property embodies the very best of waterfront living. while the lower level includes an additional bedroom, full bath, spacious living room and wood burning fireplace. Above the garage you'll find a 1 bed/1 bath carriage house with living room and full kitchen. With its deep-water access, expansive grounds and beautifully maintained interior, this property captures the essence of waterfront living at its finest.

640 W Sunset Blvd, Fort Walton Beach

$35,000,000
954584 MLS
Mar-a-Sol presents a once-in-a-market opportunity to acquire an irreplaceable Gulf-front site on Okaloosa Island, positioned just steps from the shoreline. Assets with this level of beach proximity are virtually nonexistent on the Emerald Coast and increasingly rare across Florida's entire Gulf Coast, making this offering exceptionally difficult to replicate. The property currently consists of 69 units across two buildings and is 100% occupied, with the majority operating as long-term rentals, providing immediate, stable in-place income. The asset has benefited from thoughtful interior and exterior upgrades, allowing a buyer to maintain current operations while evaluating strategic alternatives. Substantial upside exists through conversion to short-term rentals, with projected performance indicating the potential to approximately double the existing capitalization rate. For developers seeking higher and better use, plans are already in place for a seven-story luxury condominium tower, offering a rare opportunity to replace the existing structures and capitalize on elevated Gulf views and direct beach access. The scarcity of comparable opportunities cannot be overstated. Beachfront sites this close to the Gulf are effectively irreplaceable, not only on Okaloosa Island but throughout much of the Emerald Coast and the broader Gulf side of Florida, where zoning, environmental constraints, and land availability severely limit new development. Whether held as a stabilized income-producing asset, repositioned for enhanced rental performance, or fully redeveloped into a premier luxury beachfront project, Mar-a-Sol offers multiple executable paths to value creation in one of Florida's most constrained coastal markets.

480 Santa Rosa Blvd, Fort Walton Beach

$799,999
3 Beds 3 Baths 967136 MLS
Seller now offering a $5000 credit or cash at closing with acceptable offer! Use that extra to buy furnishings or to go towards your purchase! Gulf Front living on the gorgeous waters of the Emerald Coast! Great for a primary, secondary or rental property! Covered parking and a huge private balcony highlight this property! You'll also find a recently painted unit with an updated kitchen to include new Whirlpool appliances, new quartz countertops, new cabinets, new carpet, new blinds, new bathroom sinks and cabinets and new full size GE washer and dryer. Enjoy your morning beverage on the oversized balcony overlooking the white sandy beaches and waters of the Emerald Coast. With open concept living, you can cook and entertain while enjoying lots of natural light and gulf views. You'll also find yourself close to local restaurants and attractions like the Gulfarium Marine Adventure Park. Other amenities such as grocery stores and shops can be found in nearby Fort Walton Beach proper and Destin This complex does allow short term rentals so whether you make this your permanent home, vacation, or vacation rental, you have options. Amenities include a pool, an updated fitness room, remodeled lobby, covered parking for owners, mailboxes, shuffleboard, picnic areas, and on-site rental management office. Enjoy the sunrise and sunset from your balcony, master bedroom or living room! Don't delay; call to set up your showing today!

790 Santa Rosa Blvd Unit UNIT 3012, Fort Walton Beach

$489,000
1 Beds 2 Baths 967129 MLS
Welcome to this beautifully updated 4th-floor condo located in an intimate, 15-unit building on Okaloosa Island—a rare gem that stands out with its unique rooftop pool, offering panoramic Gulf views.This condo has been meticulously updated to ensure a modern and serene living space that mirrors its breathtaking beachfront setting. Experience peace of mind that comes with significant building enhancements, including new windows and sliding glass doors, fully paid for by the seller with a $120,000 special assessment fee.This property isn't just a home; it's a lifestyle. GROSS RENT for 2023 $57,757.33 and 2024 $64,505.45!! Wake up to the soothing sounds of the waves and enjoy morning coffees on your private balcony with unobstructed ocean views. Inside, you'll find a spacious layout that radiates luxury and comfort, perfect for entertaining or a quiet night in. Not only is this building pet-friendly, allowing you to enjoy beach life with your furry friends, but it also boasts the exclusive feature of having the only rooftop pool on the island. Imagine hosting gatherings in a spot where the skyline meets the sea or unwinding in the tranquil waters as the sun sets on the horizon. Living here means you're not just buying a property; you're embracing a lifestyle of luxury and relaxation, with every detail designed to maximize your enjoyment and comfort. Don't miss out on this unparalleled opportunity to own a piece of paradise on Okaloosa Island. For a private viewing and to experience this exceptional property firsthand, contact us today. Your beachfront dream home awaits.

671 Nautilus Ct Unit UNIT 402, Fort Walton Beach

$695,000
9 Beds 6 Baths 976432 MLS
Prime Investment Opportunity - Owner financing is available with $500,000 down, a 6.5% interest rate, 30-year amortization, and a 3-year balloon payment. Seize this rare chance to acquire an 8-unit income-producing multi-family portfolio delivering strong cash flow and outstanding long-term investment potential. Situated in a desirable county location, the property provides potential tax advantages and added flexibility for management and future ownership. This portfolio includes two parcels (816 & 818 Lark St - see MLS #976434) with 4 single-story duplexes, totaling eight rental units. Seven units offer 2 bedrooms, 1-bath, open kitchen and living areas, covered back patios, washer/dryer hookups, and individual central heat and air systems. Dedicated parking, concrete driveways, and enhanced street lighting add to the property's appeal and functionality. Unit 8 at 816 Lark presents an exceptional opportunity for an owner-occupant or investor seeking to offset living expenses with rental income. This spacious unit boasts 3 bedrooms, 3 full bathrooms, a dedicated office/flex room, an attached one-car garage, a large, screened porch, and a private irrigation well for future landscaping. Conveniently located just 2 minutes from Eglin Air Force Base and 5 minutes from Hurlburt Field, this property is also near shopping, dining, beaches, and everyday amenities, making it highly attractive to both military and civilian tenants. Both parcels are offered together for $1.27 mil. The current gross rental income when fully occupied is approximately $9,230 per month. Proof of annual property tax and insurance payments will be required during the financing term. This is an outstanding opportunity to acquire a turnkey investment with stable income, flexible financing options, and the added benefit of potential owner-occupancy.

816 Lark St Unit 5, 6, 7, 8, Fort Walton Beach

$450,000
2 Beds 2 Baths 959401 MLS
MOTIVATED SELLER! Enjoy the best of beachside living at this impeccably updated fully furnished 2BD/2BA gulf view condominium at Nautilus on Okaloosa Island. Thoughtfully designed to capture stunning gulf views throughout, this spacious residence boasts open concept living with sliding doors that seamlessly connect the interior to the breathtaking scenery outside. The split bedroom layout ensures privacy and comfort, making it perfect for families or guests. The primary suite features a luxurious king-sized bed and an ensuite bathroom, recently remodeled with sleek coastal finishes including a gorgeous tiled walk-in shower and a dual vanity with glass backsplash. The large guest bedroom comfortably accommodates both a queen and full-size bed and offers direct access to an updated full bathroom. Find modern stainless-steel appliances in the large kitchen with ample white cabinetry, granite countertops, and a breakfast bar, and enjoy the convenience of an in-unit washer and dryer. Whether you're sipping morning coffee on your balcony or taking a short stroll to the pristine white sand beach, this condo offers the ultimate gulf side retreat. Nautilus Condominiums provides top-tier amenities including private beach access, a seasonally heated swimming pool, grilling area, and proximity to popular restaurants, shopping, and attractions. With the capacity to sleep up to 8 guests, this unit is ideal for a vacation rental, second home, or full-time living. A must see!

660 Nautilus Ct Unit UNIT 2308, Fort Walton Beach

$449,000
1 Beds 1 Baths 974893 MLS
Perched just above the shoreline on the second floor of a low-density, nine-unit building, this one-bedroom, one-bath condo at Veranda on Okaloosa Island delivers uninterrupted views of the gulf and an intimate, uncrowded beachfront experience. With only a handful of neighbors, you'll enjoy the rare privacy and quiet that larger complexes can't offer — all while being steps from the sand. Inside, the 754-sq.-ft. layout is thoughtfully designed and beautifully finished. Coastal tones and tasteful decor create a calming atmosphere throughout. The living area opens directly to a private gulf-front balcony where waves are your backdrop for morning coffee or evening wine. The bedroom features a king bed and ensuite bath for a comfortable retreat, while hallway bunk beds and a queen sleeper sofa in the living room offer sleeping space for up to six. An upgraded, fully equipped kitchen makes meals easy, and the in-unit washer and dryer add extra convenience for more extended stays. For owner flexibility, the unit also includes a private lockout closetperfect for securely storing personal items between visits. Recent upgrades include a new water heater and AC unit, giving future owners peace of mind. Community amenities include covered parking, a gulf-side pool and direct beach access. Whether you're searching for a vacation getaway or a rental-ready investmentearning approximately $30,000 annuallythis charming condo offers everything needed for a strong return and a relaxing escape on Okaloosa Island.

462 Abalone Ct Unit UNIT 202, Fort Walton Beach

$6,950,000
982793 MLS
Extraordinarily rare waterfront assemblage favorably zoned ''MX-2 Mixed-Use'' (pursuant to City of Fort Walton Beach land development code) for high density redevelopment to achieve economies of scale involving a plausible host of viable development scenarios. Its prime ±248 fronting footage on the scenic Sound of Ft. Walton Beach, Florida, as well as ±248' along Miracle Strip Parkway, is within ±½ mile from the spectacular Brooks Bridge (under development and construction), as well as a pedestrian friendly, short walk to the historic downtown district of Fort Walton Beach, Florida. The combined total waterfront acreage is ±2.47, while the dimension of the two contiguous, combined parcels is as follows: 248' x 230' x 248' x 218'. The assemblage is offered as-is, where-is, with no attributable value to the current structures onsite. Buyer must verify zoning, potential development entitlements, riparian rights (dock / "marina") through the City of Ft. Walton Beach, Okaloosa County, and including but not limited to the Corp. of Engineers, and the FDEP. Access to the property is strictly prohibited unless properly scheduled with advance notice through the listing agent(s). Please inquire for additional information. "MX-2 Mixed High Use" was defined as follows: MX-2  Mixed-use (High Intensity) Zoning District. The mixed-use zoning district is established to provide for a wide variety of land uses, including multifamily structures, commercial and office uses, artisan studios, and cottage industries. Accessory uses for residential developments include onsite amenities, such as recreation facilities, carports, garages, storage buildings, parking lots, transit stops, and community buildings. Accessory uses for nonresidential developments include such onsite amenities as parking lots, parking structures, storage buildings, or transit stops. Open space in the form of plazas and courtyards may be provided. Waterfront locations may include accessory uses such as docks, boardwalks, or facilities for direct water access to support water-dependent uses. Uses within the MX-2 zoning district may be mixed within one (1) parcel or lot and may be mixed within one (1) building. The maximum density is thirty (30.0) dwelling units per acre. Bonus provisions may be authorized to allow a maximum density up to forty-five (45.0) dwelling units per acre. The maximum floor area ratio for nonresidential development is two (2.0) FAR. Bonus provisions may be authorized to allow a maximum floor area ratio of three (3.0) FAR.

54 Se Miracle Strip Pkwy, Fort Walton Beach

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