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For sale
  • Price cut: $13K (7/17)
    $437,000

    407 Cobia Ave, Fort Walton Beach, FL 32548

    2beds
    980sqft
    : 
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    Single Family Residence
    Built in 1956
    0.28 Acres Lot
    $-- Zestimate®
    $446/sqft
    $-- HOA

    What's special

    Modern coastal finishes throughoutStylish contemporary touchesSleek cabinetryPlenty of natural lightOversized tile flooringPlantation shuttersUpdated kitchen
    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.
    44 days
    |
    612
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    33
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    Zillow last checked:

    Listing updated:

    Listed by:

    Crystal L Watkins 850-855-6885,

    Compass

    Source: ECAOR,MLS#: 1003692MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Bedroom
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Bathroom
      • Level: First
      • Area: 64 Square Feet
      • Dimensions: 8 x 8
      Great room
      • Level: First
      • Area: 396 Square Feet
      • Dimensions: 36 x 11
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
      • Laundry: Washer/Dryer Hookup
      Features
      • Kitchen Island, Recessed Lighting, Newly Painted, Woodwork Painted
      • Windows: Plantation Shutters, Window Treatments
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 980
      • Total interior livable area: 980 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 7
      Features
      • Stories: 1
      Lot
      • Size: 0.28 Acres
      • Dimensions: 75 x 150
      Details
      • Parcel number: 002S24218500040134
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Florida Cottage
      • Property subtype: Single Family Residence
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 1956

      Community & HOA

      Community
      • Subdivision: Okaloosa Island
      Location
      • Region: Fort Walton Beach

      Financial & listing details

      • Price per square foot: $446/sqft
      • Tax assessed value: $220,259
      • Annual tax amount: $3,103
      • Date on market: 7/17/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,205/mo

        Price history

        DateEventPrice
        7/17/2026Price change$437,000-2.9%$446/sqft
        Source: ECAOR #1003692 Report a problem
        6/27/2026Pending sale$450,000$459/sqft
        Source: ECAOR #1003692 Report a problem
        6/17/2026Price change$450,000-4.3%$459/sqft
        Source: ECAOR #1003692 Report a problem
        6/4/2026Listed for sale$470,000+80.1%$480/sqft
        Source: ECAOR #1003692 Report a problem
        9/28/2023Sold$261,000-12.7%$266/sqft
        Source: Public Record Report a problem
        8/17/2023Pending sale$299,000$305/sqft
        Source: ECAOR #929871 Report a problem
        8/14/2023Listed for sale$299,000+208.6%$305/sqft
        Source: ECAOR #929871 Report a problem
        4/23/2021Sold$96,900-58.8%$99/sqft
        Source: Public Record Report a problem
        12/13/2019Sold$235,000-4.1%$240/sqft
        Source: Public Record Report a problem
        1/7/2019Sold$245,000-7.5%$250/sqft
        Source: Public Record Report a problem
        8/17/2018Listed for sale$265,000$270/sqft
        Source: Select Properties Of Nw Fl #796714 Report a problem
        7/2/2018Listing removed$265,000$270/sqft
        Source: Select Properties Of Nw Fl #796714 Report a problem
        6/12/2018Price change$265,000-7%$270/sqft
        Source: Select Properties Of Nw Fl #796714 Report a problem
        5/12/2018Price change$285,000+10%$291/sqft
        Source: Select Properties Of Nw Fl #796714 Report a problem
        10/13/2017Listed for sale$259,000$264/sqft
        Source: Owner Report a problem
        8/23/2017Listing removed$259,000$264/sqft
        Source: Owner Report a problem
        5/25/2017Listed for sale$259,000+15.1%$264/sqft
        Source: Owner Report a problem
        8/17/2016Listing removed$225,000$230/sqft
        Source: Owner Report a problem
        5/6/2016Listed for sale$225,000$230/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,914 -7.4%$220,259 -6.7%
        2023$3,147 +6.9%$236,116 +7.7%
        2022$2,945 +26.7%$219,206 +30.1%
        2021$2,325 +8.2%$168,448 +3.8%
        2020$2,149 +18%$162,264 +20.9%
        2019$1,821 +6.6%$134,188 +9.6%
        2018$1,709 $122,470 +1.9%
        2017$1,709 -0.9%$120,137 +3.9%
        2016$1,724 +6.2%$115,644 +6.5%
        2015$1,624 +3.2%$108,577 +4.9%
        2014$1,574 $103,465 +5%
        2013-- $98,535 -4.3%
        2012-- $103,005 -10.2%
        2011-- $114,707 -4.5%
        2010-- $120,084 -7.4%
        2009-- $129,672 -30.6%
        2008-- $186,732 -3.1%
        2007-- $192,742 -12.1%
        2006-- $219,258 +60.4%
        2005-- $136,734 +65.5%
        2004-- $82,608 +22.7%
        2003-- $67,333 +2.6%
        2002-- $65,615 +1.9%
        2001-- $64,402
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Okaloosa Island

        Getting around

        27 / 100
        Car-Dependent
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Elliott Point
        • Middle: Bruner
        • High: Fort Walton Beach

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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