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Sold for $420,000
  • Zestimate®
    $420,000

    407 Cobia Ave, Fort Walton Beach, FL 32548

    2beds
    980sqft
    Single Family Residence
    Built in 1956
    0.28 Acres Lot
    $420,000 Zestimate®
    $429/sqft
    $1,955 Estimated rent

    Home value

    $420,000

    $395,000 - $449,000

    $1,955/mo

    Zestimate® history
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    What's special

    Additional parkingSleek cabinetryOversized tile flooringCustom plantation shuttersUpdated kitchenRecessed lightingStainless steel appliances
    Multiple Offers. Highest and Best due by12pm on 07/25/26. 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Crystal L Watkins 850-855-6885,

    Compass

    Bought with:

    John A King Jr, 3343790

    LPT Realty LLC

    Source: ECAOR,MLS#: 1003692MLS Logo

    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

    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: $429/sqft
    • Tax assessed value: $236,600
    • Annual tax amount: $3,103
    • Date on market: 7/17/2026

    Price history

    DateEventPrice
    8/24/2026Sold$420,000-3.9%$429/sqft
    Source: ECAOR #1003692 Report a problem
    7/27/2026Pending sale$437,000$446/sqft
    Source: ECAOR #1003692 Report a problem
    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
    5/12/2018Listed for sale$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
    2025$3,103 +6.5%$236,600 +7.4%
    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

    Neighborhood: Okaloosa Island

    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.

    Sell for more on Zillow
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    $420,000
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    With Zillow Showcase(estimated)

    $428,400

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $420,000
    2% more
    +$8,400
    With Zillow Showcase(estimated)

    $428,400