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About This Home

This 2-bedroom, 1-bathroom single family at 407 Cobia Avenue in Fort Walton Beach, FL is listed for $470,000 ($480 per sqft). Built in 1956, the home offers 980 sqft of living space on a 0.28 acres lot.

Agent Description

Welcome to your coastal retreat on beautiful Okaloosa Island. Ideally located just 150 yards from the sugar-white sands and emerald waters of the Gulf, this beautifully renovated beachside home offers the perfect blend of coastal living, modern comfort, and investment potential.

Enjoy easy access to Downtown Fort Walton Beach, Destin, waterfront dining, shopping, entertainment, boating, and some of the Emerald Coast's most sought-after beaches. Inside, you'll find a bright and inviting open-concept floor plan designed for effortless living and entertaining.

Thoughtfully updated throughout, the home features oversized tile flooring, recessed lighting, custom plantation shutters, quartzite and luxury stylish finishes that create a fresh, relaxed atmosphere. The updated kitchen serves as the heart of the home, showcasing stainless steel appliances, sleek cabinetry, a classic subway tile backsplash, and an oversized island perfect for gathering with family and friends after a day at the beach.

Spacious living areas provide plenty of room to relax and entertain, while the well-appointed bedrooms offer comfortable retreats filled with natural light. Every detail has been carefully considered to create a move-in-ready coastal escape. Step outside and embrace the island lifestyle.

Spend your days walking to the beach, paddleboarding, fishing, boating, dining at local seafood restaurants, or simply enjoying breathtaking Gulf Coast sunsets. The generous lot provides abundant space for outdoor entertaining, future landscaping enhancements, additional parking, or boat and RV storage.

With two bedrooms and exceptional versatility, this property is ideal as a primary residence, second home, or income-producing long-term rental. Its prime location near the beach, combined with extensive renovations and flexible outdoor space, creates lasting value and broad appeal.

Opportunities to own this close to the beach are increasingly rare. Experience the charm, convenience, and relaxed coastal lifestyle that make Okaloosa Island one of Northwest Florida's most desirable destinations. Please note: Short-term rentals are not permitted.

Key Features

  • Built in 1956
  • 0.28 acre lot
  • 7 parking spaces

Property Details

1 story
1 full
7 spaces
1956

Amenities

A/C

Monthly Cost Estimate

$2,514/mo

20% down · 6.5% · 30 years

Principal$340
Interest$2,037
Insurance$137

Estimates only. Actual payments may vary.

Location

407 Cobia Avenue

Fort Walton Beach, FL 32548

Okaloosa Island

Features & Amenities

Interior Features

Kitchen IslandLighting RecessedNewly PaintedWasher/Dryer HookupWoodwork Painted

Property Details

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRefrigerator W/IceMkStove/Oven GasWasher

Questions & Answers

This 2-bedroom, 1-bathroom single family at 407 Cobia Avenue is listed at $470,000 ($480/sqft). The estimated monthly payment is $2,037 based on 20% down at 6.5% interest.

Key features include: Built in 1956, 0.28 acre lot, 7 parking spaces. Interior Features: Kitchen Island, Lighting Recessed, Newly Painted.

This property is listed by Crystal L Watkins and can be reached at 8508556885 or BrokerFL@compass.com.

CW

Crystal L Watkins

Agent at Compass

(850) 855-6885

Listed by Compass · View on Broker Site

MLS# 1003692· Source: listhub· Updated 14 days ago

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.

407 Cobia Avenue, Fort Walton Beach, FL 32548

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