407 Cobia Avenue, Fort Walton Beach, FL 32548
Okaloosa Island · Okaloosa County
Key Facts
Description
Welcome to your coastal retreat on beautiful Okaloosa Island. Ideally located just 150 yards from the sugar-white sands and emerald waters of the Gulf, this beautifully renovated beachside home offers the perfect blend of coastal living, modern comfort, and investment potential. Enjoy easy access to Downtown Fort Walton Beach, Destin, waterfront dining, shopping, entertainment, boating, and some of the Emerald Coast's most sought-after beaches. Inside, you'll find a bright and inviting open-concept floor plan designed for effortless living and entertaining. Thoughtfully updated throughout, the home features oversized tile flooring, recessed lighting, custom plantation shutters, quartzite and luxury stylish finishes that create a fresh, relaxed atmosphere. The updated kitchen serves as the heart of the home, showcasing stainless steel appliances, sleek cabinetry, a classic subway tile backsplash, and an oversized island perfect for gathering with family and friends after a day at the beach. Spacious living areas provide plenty of room to relax and entertain, while the well-appointed bedrooms offer comfortable retreats filled with natural light. Every detail has been carefully considered to create a move-in-ready coastal escape. Step outside and embrace the island lifestyle. Spend your days walking to the beach, paddleboarding, fishing, boating, dining at local seafood restaurants, or simply enjoying breathtaking Gulf Coast sunsets. The generous lot provides abundant space for outdoor entertaining, future landscaping enhancements, additional parking, or boat and RV storage. With two bedrooms and exceptional versatility, this property is ideal as a primary residence, second home, or income-producing long-term rental. Its prime location near the beach, combined with extensive renovations and flexible outdoor space, creates lasting value and broad appeal. Opportunities to own this close to the beach are increasingly rare. Experience the charm, convenience, and relaxed coastal lifestyle that make Okaloosa Island one of Northwest Florida's most desirable destinations. Please note: Short-term rentals are not permitted.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Florida Cottage
Year Built
1956
Living Area
980 sq ft
Lot Size
0.28 acres
Lot Dimensions
75X150
Parking Spaces
7
Zoning
Resid Single Family
Days on Market
43
MLS® Listing#
1003692
Property Features
Interior
Appliances
Cooling
Pool
Windows
Utilities
Sewer
Rooms
- 8 x 8First
- Bedroom12 x 12First
- Bedroom12 x 12First
- Great Room36 x 11First
Schools
- Elementary:
- Elliott Point
- Middle:
- Bruner
- High:
- Fort Walton Beach
Financial Details
Annual Taxes
$3,103
Tax year 2025
Parcel Number
00-2S-24-2185-0004-0134
Directions
From Fort Walton Beach- Drive over Brooks Bridge, turn right on Santa Rosa Blvd. turn right on Caviar, and turn right onto Cobia Ave.
Affordability Calculator
$87,400
Estimated monthly payment
$2,326/mo
Principal $349,600 · Est. interest $487,723 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fort Walton Beach, FL
- $477,340
- Median Listing Price
- 116
- Median Days on Market
- 1,427
- Median Sq Ft
- $354
- Median Price / Sq Ft
- 34,484
- Active Listings
- This home’s price is 8% below the area median.
- Its price per sq ft is 26% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Fort Walton Beach, FL.
Location
Points of Interest in Fort Walton Beach, FL
Showing the Fort Walton Beach area map.
Nearby Schools
Okaloosa County School District
School · 0.6 mi away
Emeralds Coast Christian School
Secondary · 0.9 mi away
Saint Mary Catholic School
Elementary · 1.0 mi away
Ami Kids Emerald Coast
School · 1.0 mi away
Elliott Point Elementary School
Elementary · 1.7 mi away
Cinco Christian School
School · 1.8 mi away
Edwins Elementary School
Elementary · 2.0 mi away
Max Bruner Junior Middle School
Secondary · 2.1 mi away
Fort Walton Beach High School
Secondary · 2.2 mi away
Silver Sands School
School · 2.4 mi away
Wright Elementary School
Elementary · 3.0 mi away
Liza Jackson Preparatory School
Elementary · 3.1 mi away
Mary Esther Elementary School
Elementary · 3.1 mi away
Learning Adventures
School · 3.2 mi away
Pryor Middle School
Secondary · 3.6 mi away
Choctawhatchee High School
Secondary · 3.7 mi away
Meigs Middle School
Secondary · 3.7 mi away
Okaloosa Academy
School · 3.9 mi away
Shalimar Elementary School
Elementary · 4.1 mi away
KENWOOD Elementary School
Elementary · 4.2 mi away
Commute Calculator
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|---|---|---|---|---|
| 10791 Palazzo Way 101, Fort Myers, FL | $305,900 | 3 | 2 | 1,390 |
| 2030 Flamingo Drive, North Fort Myers, FL | $305,990 | 3 | 2 | 1,508 |
| 1136 Bradford Park Drive, Ormond Beach, FL | $306,420 | 3 | 3 | 1,566 |
| 250 180th Dr 108, Sunny Isles Beach, FL | $306,500 | 2 | 2 | 875 |
| 225 CRANES LAKE Drive, Ponte Vedra Beach, FL | $306,900 | 2 | 2 | 1,208 |
| 1818 Gaiety Way, Fort Pierce, FL | $306,900 | 3 | 2 | 1,394 |
Moving Cost Estimate
EXIT Agents in Fort Walton Beach
Listing Courtesy: Compass - 8502969769