About This Home

This 7-bedroom, 6-bathroom single family at 157 Monahan Drive in Fort Walton Beach, FL is listed for $1,130,000 ($353 per sqft). Built in 1969, the home offers 3,205 sqft of living space on a N/A lot.

Key Features

  • Built in 1969
  • 2 stories
  • Waterfront

Property Details

2 stories
6 full
1969

Amenities

WaterfrontA/C
Listing 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

Monthly Cost Estimate

$6,043/mo

20% down · 6.5% · 30 years

Principal$817
Interest$4,897
Insurance$330

Estimates only. Actual payments may vary.

Location

157 Monahan Drive

Fort Walton Beach, FL 32547

BELLA VISTA

Features & Amenities

Interior Features

Guest QuartersKitchen IslandWasher/Dryer Hookup

Exterior Features

Rain GutterBalconyBoat SlipBoatliftDockSprinkler System

Property Details

Flooring

TileLaminate

Outdoor Features

Patio

Appliances

DishwasherDisposalDryerFreezerMicrowaveRefrigerator W/IceMkSecurity SystemSmoke DetectorStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 7-bedroom, 6-bathroom single family at 157 Monahan Drive is listed at $1,130,000 ($353/sqft). The estimated monthly payment is $6,044 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1969, 2 stories, Waterfront. Interior Features: Guest Quarters, Kitchen Island, Washer/Dryer Hookup. Exterior Features: Rain Gutter, Balcony, Boat Slip.

This property is listed by Diana M Wonch.

DW

Diana M Wonch

License 3392593

Agent at Lokation

Listed by Lokation · Broker phone: (954) 545-5583 · View on Broker Site · Broker website

MLS# 1002197· Source: Emerald Coast Association of Realtors· 177 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

157 Monahan Drive, Fort Walton Beach, FL 32547

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