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423 Caviar Drive, Fort Walton Beach, FL 32548

$2,150,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,208 Lot Size (sq. ft.): 13,939 Status: Active
Current Price: $2,150,000 List Date: 2/19/2026 Last Modified: 3/11/2026

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

Supplements: 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!

More Information MLS# 995651

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 670.2 List Date: 2026-02-18 Current Price: $2,150,000 List Price: $2,150,000

Location, Tax and Legal

Sub Area: 1201 - Okaloosa Island Elementary School: Edwins Middle School: Bruner High School: Fort Walton Beach Legal Description: SANTA ROSA ISLAND LOT 150 BLK 4

General Property Info

Sub-Type: Detached Single Family Design: Contemporary SqFt Source: County PA Records Garage: Yes Carport: No Driveway Spaces: 5 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 3208 Bedrooms: 5 Full Baths: 4 Total Bathrooms: 4 # Stories: 1 Year Built: 1971 Garage Spaces: 2 Acreage: 0.32

Listing Info, Tax & Legal

Homestead: Yes Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 12445.33 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: 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

Waterfront

Intracoastal Wtrwy: 1 Sound: 1 Waterfront Feet: 94

Construction Status

Construction Complete: 1

Parking Features

Garage Attached: 1 Oversized: 1

Waterview

Intracoastal Waterwy: 1 Sound: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Bulkhead/Seawall: 1 Within 1/2 Mile to Water: 1

Construction/Siding

Brick: 1 Roof Dimensional Shg: 1 Siding Wood: 1

Utilities

Gas - Natural: 1 Public Sewer: 1 Public Water: 1

Zoning

Resid Single Family: 1

Exterior

Boatlift: 1 Dock: 1 Fenced Back Yard: 1 Patio Open: 1 Pool - In-Ground: 1

Interior

Breakfast Bar: 1 Fireplace 2+: 1 Floor Tile: 1 Kitchen Island: 1 Lighting Recessed: 1 Wet Bar: 1

Financing

Conventional: 1 FHA: 1 VA: 1

Appliances

Dishwasher: 1 Microwave: 1 Oven Double: 1 Range Hood: 1 Refrigerator: 1 Stove/Oven Gas: 1 Wine Refrigerator: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBed First Floor: 1 MBed Walk-in Closet: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Dining Room: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 423 Street Name: Caviar Street Suffix: Drive State: FL Zip Code: 32548 County: Okaloosa Project Name/Subdivision: SANTA ROSA ISLAND Parcel ID: 00-2S-24-2185-0004-0150

Property Features

Construction Status: Construction Complete Lot Features: Bulkhead/Seawall; Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Intracoastal Wtrwy; Sound Waterview: Intracoastal Waterwy; Sound Parking Features: Garage Attached; Oversized Exterior: Boatlift; Dock; Fenced Back Yard; Patio Open; Pool - In-Ground Interior: Breakfast Bar; Fireplace 2+; Floor Tile; Kitchen Island; Lighting Recessed; Wet Bar Appliances: Dishwasher; Microwave; Oven Double; Range Hood; Refrigerator; Stove/Oven Gas; Wine Refrigerator Utilities: Gas - Natural; Public Sewer; Public Water Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom Financing: Conventional; FHA; VA

Room Information

Living Room Level: First Dimensions: 27 x 19 Length: 27.00 Width: 19.00 Dimensions: 27 x 19 Dining Room Level: First Dimensions: 29 x 13 Length: 29.00 Width: 13.00 Dimensions: 29 x 13 Kitchen Level: First Dimensions: 18 x 19 Length: 18.00 Width: 19.00 Dimensions: 18 x 19 Master Bedroom Level: First Dimensions: 27 x 15 Length: 27.00 Width: 15.00 Dimensions: 27 x 15 Bedroom Level: First Dimensions: 14 x 12 Length: 14.00 Width: 12.00 Dimensions: 14 x 12 Bedroom Level: First Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Bedroom Level: First Dimensions: 15 x 15 Length: 15.00 Width: 15.00 Dimensions: 15 x 15 Bedroom Level: First Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Dimensions: 13 x 12
Listing Office: EXP Realty LLC
Last Updated: March - 11 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

Grayton Corners | 32 East County Highway 30-A, Suite J | Santa Rosa Beach, FL 32459
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