Price Reduction - Waterfront
Address
423 Caviar Drive, Fort Walton Beach, FL
Price
$ 1,949,000
Property Attributes
- MLS#995651
- TypeSingle Family
- Listing Status Active
- CountyOkaloosa
- CityFort Walton Beach
- AreaFort Walton Beach
- NeighborhoodSANTA ROSA ISLAND
- Zip32548
- StyleContemporary
- Year Built1971
- Taxes$ 12445
- Price$ 1,949,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3208
- Lot Size0.32 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Stunning Newly Renovated Waterfront Coastal Retreat, Just Moments from the Beach! Welcome to your slice of paradise, a beautifully reimagined 5-bed/4-full bath, single-family home spanning over 3200sf of sophisticated living space on a .32-acre lot with 100' waterfront in the highly desirable Okaloosa Island area. This 1971 built home has been completely transformed with high-end renovations throughout, blending timeless coastal charm with contemporary luxury. Step inside to discover an open-concept floor plan bathed in natural light, featuring brand-new large format porcelain tile flooring, fresh neutral paint, smooth modern ceilings and trim, and elegant recessed lighting that creates an inviting, airy atmosphere perfect for relaxed Florida living or entertaining. The gourmet kitchen is a chef's dream, boasting quartz countertops, matching solid quartz backsplash, stainless steel appliances, a large waterfall center island with breakfast bar seating, custom soft-close cabinetry, ideal for preparing meals while staying connected to family and guests in the adjoining living and dining areas. The Waterfront Dining Room is perfect for entertaining. This space boasts the ability to seat 30 guests at one time, with a custom-made natural wood dining table. The wet bar sits on one side of the room with antique glass backsplash, an icemaker, and large wine cooler, while the adjacent side has a custom banquet booth for additional seating. All 5 generous bedrooms offer ample space and comfort with access to the pool from every bedroom. The primary suite provides a peaceful retreat complete with a spa-like en-suite bathroom featuring modern fixtures, a walk-in shower, luxurious soaking tub, dual vanities, and plenty of storage. A newly built guest suite with its own private bathroom. Two bedrooms that share newly renovated jack and jill bathroom have been fully updated with contemporary tile work, new vanities, and high-efficiency fixtures. Additional highlights include: ·Brand-new roof, HVAC system, plumbing, and electrical updates for peace of mind. ·Brand new extra deep Double Car Garage for two large cars and more storage. ·Expansive living areas with flexible bonus spaces (perfect for a home office, media room, or guest suite potential). ·Large, fenced backyard with a pool, and outdoor teak dining and lounging areas for endless coastal entertaining. ·Ample parking and storage options. ·No HOA restrictions in this sought-after neighborhood. Location is everything here - you're just a short 3 min stroll (500 ft.) from the sugar-white sands and emerald waters of the Gulf of Mexico. Enjoy full Choctawhatchee Bay access with a deep-water dock with both boat & wave runner lifts. Just out the backdoor you will have access to the Florida Intercoastal Waterway, Crab Island and the Gulf of Mexico, for fishing, water sports, and the vibrant dining/shopping scene of Fort Walton Beach and Destin. This prime spot offers the best of Emerald Coast living; beach proximity without the high-rise condo fees! Whether you're seeking a primary residence, vacation getaway, or smart investment property in one of Florida's most coveted coastal markets, this turnkey renovated beauty is move-in ready and waiting for its new owners. Don't miss this rare opportunity - schedule your private showing today and start living the beach life you've always dreamed of!
| Elementary School | Middle School | High School |
|---|---|---|
| Edwins Elementary School | Bruner Middle School | Fort Walton Beach High School |
| Price History | |
|---|---|
| 6/3/2026 | Listed $1,999,000 |
| 7/16/2026 | 1$1,989,000 |
| 8/7/2026 | 1$1,979,000 |
| 8/18/2026 | 2$1,949,000 |
General Features
| Utilities | Gas - Natural,Public Water |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Okaloosa |
| Property Type | Residential |
| Subdivision Name | SANTA ROSA ISLAND |
| Status | Active |
| Buyer Financing | Conventional,FHA,VA |
| Directions | From Highway 98 on Okaloosa Island, turn west onto Santa Rosa Boulevard. Right @ Caviar Dr. |
| High School | Fort Walton Beach |
| City | Fort Walton Beach |
| MLS Area | 12 - Fort Walton Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 13939.2 |
| Elementary School | Edwins |
| Middle/Junior High School | Bruner |
| MLS Area Minor | 1201 - Okaloosa Island |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Sound,Canal,Bay |
| Waterfront Features | Intracoastal Wtrwy,Sound |
| Heating | Central |
| Cooling | Ceiling Fans,Central Air |
| Garage Spaces | 2 |
| Patio/Porch Features | Patio Open |
| Architectural Style | Contemporary |
| Construction Materials | Brick,Siding Wood |
| Year Built | 1971 |
| Stories Count | 1 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | true |
| Total Rooms | 8 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Pool Features | Pool - In-Ground,Pool Type |
| Virtual Tour | https://vimeo.com/1163069418?share=copy&fl=sv&fe=ci |
Interior Features
| Total Baths | 4 |
|---|---|
| Interior Amenities | Breakfast Bar,Fireplace 2+,Kitchen Island,Lighting Recessed,Wet Bar |
| Flooring | Floor Tile |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Lot Features | Bulkhead/Seawall,Within 1/2 Mile to Water |
|---|---|
| Lot Size Area | 0.32 |
| Lot Dimensions | 94 X 170 X 94 X 170 |
| Lot Size Acres | 0.32 |
| Road Surface Type | Paved |
| Waterfront Y/N | true |
| Exterior Amenities | Boatlift,Dock,Fenced Back Yard |
| Building Area Total | 3208 |
| Parking Features | Oversized |
| Total Parking | 7 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32548
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
