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157 Monahan Drive, Fort Walton Beach, FL 32547

BELLA VISTA · Okaloosa County

Key Facts

7Beds
6Baths
3,205Sq Ft
1969Year Built

Description

Rare 98 ft of waterfront property with a 2 story dock, boat lift w/ electric & water, and multiple private lockout suites. It's flexible layout offers multiple possibilities. Perfect for a full-time coastal retreat, secondary home, Airbnb or multi generational property. No HOA and short term rental is allowed. Currently operating as a thriving turnkey waterfront rental property with proven success at its start in 2024 and going strong to the present. Enjoy stunning views, beautiful sunsets, expansive outdoor living space, a large balcony, and direct water access. OTHER FEATURES: LIGHT & BRIGHT GREAT ROOM, GRANITE COUNTER TOPS, LARGE KITCHEN ISLAND, COMMERCIAL REFRIGERATOR, 2 LAUNDRY AREAS, GAME ROOM, 3 LOCK OUT SUITES W/ KITCHENETTES, AMPLE PARKING, WHOLE HOME GENERATOR, 2 STORAGE SHEDS, 2020 AC UNIT, FLOOD GATES, EFFECTIVE YEAR BUILT 2000 2024 GROSS $160, 902 2025 GROSS $145, 328

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Pueblo

Year Built

1969

Living Area

3,205 sq ft

Lot Dimensions

85x195

Parking Spaces

6

Zoning

Resid Multi-Family

Days on Market

66

MLS® Listing#

1002197

Property Features

Interior

In-Law FloorplanKitchen Island

Exterior

BalconyBoat SlipDockRain Gutters

Appliances

DishwasherDisposalDryerFreezerMicrowaveWasherElectric Water HeaterElectric Oven

Cooling

Ceiling Fan(s)

Flooring

LaminateTile

Pool

None

Patio

Patio

Fencing

Partial

Lot Features

Waterfront

Windows

Double Pane Windows

Security

Security SystemSmoke Detector(s)

Utilities

Electricity Available

Sewer

Public Sewer

Water Source

Public

Rooms

  • 20.33 x 12First
  • 20.33 x 12First
  • 9.75 x 6.5First
  • 24 x 14.42Second
  • 8.58 x 5.58First
  • Bedroom11.25 x 11.83First
  • Bedroom11.25 x 11.25First
  • Bedroom14 x 11.9First
  • Family Room17 x 10.83First
  • Kitchen24.67 x 11.5First
  • Living Room24.67 x 16.5First
  • Master Bathroom8.5 x 5.33First
  • Master Bedroom19.25 x 14.42First

Schools

Elementary:
Wright
Middle:
Pryor
High:
Choctawhatchee

Financial Details

Parcel Number

12-2S-24-0210-0003-0230

Directions

From the corner of Yacht Club and Eglin, turn left onto Eglin Pkwy. In .6miles turn left onto Monahan Dr. 157 Monahan is on the left.

Affordability Calculator

$231,980

Estimated monthly payment

$6,173/mo

Principal $927,920 · Est. interest $1,294,531 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Fort Walton Beach, FL

$477,493
Median Listing Price
113
Median Days on Market
1,434
Median Sq Ft
$349
Median Price / Sq Ft
35,167
Active Listings
  • This home’s price is 143% above the area median.
  • Its price per sq ft is 4% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Fort Walton Beach, FL.

Location

Map showing the location of 157 Monahan Drive, Fort Walton Beach, FL 32547

Getting Around

Walk
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Points of Interest in Fort Walton Beach, FL

Showing the Fort Walton Beach area map.

Nearby Schools

  • Cinco Christian School

    School · 0.5 mi away

  • Learning Adventures

    School · 1.0 mi away

  • Elliott Point Elementary School

    Elementary · 1.1 mi away

  • Wright Elementary School

    Elementary · 1.2 mi away

  • Pryor Middle School

    Secondary · 1.3 mi away

  • Choctawhatchee High School

    Secondary · 1.4 mi away

  • Ami Kids Emerald Coast

    School · 1.5 mi away

  • Max Bruner Junior Middle School

    Secondary · 1.7 mi away

  • Saint Mary Catholic School

    Elementary · 1.7 mi away

  • Okaloosa County School District

    School · 1.7 mi away

  • Emeralds Coast Christian School

    Secondary · 1.8 mi away

  • Silver Sands School

    School · 1.8 mi away

  • KENWOOD Elementary School

    Elementary · 1.9 mi away

  • Meigs Middle School

    Secondary · 2.0 mi away

  • Edwins Elementary School

    Elementary · 2.1 mi away

  • Fort Walton Beach High School

    Secondary · 2.2 mi away

  • Liza Jackson Preparatory School

    Elementary · 2.3 mi away

  • Okaloosa Academy

    School · 2.5 mi away

  • Shalimar Elementary School

    Elementary · 2.5 mi away

  • Liza Jackson Preparatory School

    Elementary · 2.5 mi away

Commute Calculator

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Nearby Homes

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Moving Cost Estimate

EXIT Agents in Fort Walton Beach

Listing Courtesy: LoKation - 9545455583

IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by EmeraldCoast. MLS® Listing#1002197. © 2026EXIT Realty®. All rights reserved.