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423 Caviar Drive, Fort Walton Beach, FL 32548

SANTA ROSA ISLAND · Okaloosa County

Key Facts

5Beds
4Baths
3,208Sq Ft
1971Year Built
0.32Lot (acres)
2Garage

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!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Contemporary

Year Built

1971

Living Area

3,208 sq ft

Lot Size

0.32 acres

Lot Dimensions

94 X 170 X 94 X 170

Garage Spaces

2

Parking Spaces

7

Zoning

Resid Single Family

Days on Market

147

MLS® Listing#

995651

Property Features

Interior

Breakfast BarKitchen IslandRecessed LightingWet Bar

Exterior

DockPrivate Yard

Appliances

DishwasherMicrowaveDouble OvenRange HoodRefrigeratorWine RefrigeratorGas Oven

Cooling

Central AirCeiling Fan(s)Electric

Heating

CentralNatural GasElectric

Flooring

Tile

Pool

In Ground

Parking

OversizedAttachedGarage

Patio

Patio

Lot Features

Waterfront

Construction

BrickWood Siding

Roof

Shingle

Utilities

Natural Gas Available

Sewer

Public Sewer

Water Source

Public

Rooms

  • Bedroom14 x 12First
  • Bedroom13 x 12First
  • Bedroom12 x 12First
  • Bedroom15 x 15First
  • Dining Room29 x 13First
  • Kitchen18 x 19First
  • Living Room27 x 19First
  • Master Bedroom27 x 15First

Schools

Elementary:
Edwins
Middle:
Bruner
High:
Fort Walton Beach

Financial Details

Annual Taxes

$12,445

Tax year 2025

Parcel Number

00-2S-24-2185-0004-0150

Directions

From Highway 98 on Okaloosa Island, turn west onto Santa Rosa Boulevard. Right @ Caviar Dr.

Affordability Calculator

$397,800

Estimated monthly payment

$10,586/mo

Principal $1,591,200 · Est. interest $2,219,866 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 317% above the area median.
  • Its price per sq ft is 75% 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 423 Caviar Drive, Fort Walton Beach, FL 32548

Points of Interest in Fort Walton Beach, FL

Showing the Fort Walton Beach area map.

Nearby Schools

  • Okaloosa County School District

    School · 0.5 mi away

  • Emeralds Coast Christian School

    Secondary · 0.8 mi away

  • Saint Mary Catholic School

    Elementary · 0.9 mi away

  • Ami Kids Emerald Coast

    School · 1.0 mi away

  • Elliott Point Elementary School

    Elementary · 1.7 mi away

  • Cinco Christian School

    School · 1.7 mi away

  • Edwins Elementary School

    Elementary · 1.9 mi away

  • Max Bruner Junior Middle School

    Secondary · 2.0 mi away

  • Fort Walton Beach High School

    Secondary · 2.1 mi away

  • Silver Sands School

    School · 2.3 mi away

  • Wright Elementary School

    Elementary · 2.9 mi away

  • Liza Jackson Preparatory School

    Elementary · 3.0 mi away

  • Mary Esther Elementary School

    Elementary · 3.0 mi away

  • Learning Adventures

    School · 3.1 mi away

  • Pryor Middle School

    Secondary · 3.5 mi away

  • Choctawhatchee High School

    Secondary · 3.6 mi away

  • Meigs Middle School

    Secondary · 3.7 mi away

  • Okaloosa Academy

    School · 3.8 mi away

  • Shalimar Elementary School

    Elementary · 4.1 mi away

  • KENWOOD Elementary School

    Elementary · 4.2 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Fort Walton Beach

Listing Courtesy: EXP Realty LLC - 8504602900

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#995651. © 2026EXIT Realty®. All rights reserved.