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For sale
  • Price cut: $10K (7/16)
    $1,989,000

    423 Caviar Dr, Fort Walton Beach, FL 32548

    5beds
    3,208sqft
    : 
    $12,066/mo
    Get pre-qualified
    Single Family Residence
    Built in 1971
    0.32 Acres Lot
    $1,888,400 Zestimate®
    $620/sqft
    $-- HOA

    What's special

    Brand-new roofFresh neutral paintQuartz countertopsMatching solid quartz backsplashPlenty of storageGourmet kitchenHigh-end renovations throughout
    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 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!
    156 days
    |
    1,516
    |
    79
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin B Myers,

    EXP Realty LLC

    Source: ECAOR,MLS#: 995651MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Level: First
      • Area: 405 Square Feet
      • Dimensions: 27 x 15
      Bedroom
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14 x 12
      Bedroom
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Bedroom
      • Level: First
      • Area: 225 Square Feet
      • Dimensions: 15 x 15
      Bedroom
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Dining room
      • Level: First
      • Area: 377 Square Feet
      • Dimensions: 29 x 13
      Kitchen
      • Level: First
      • Area: 342 Square Feet
      • Dimensions: 18 x 19
      Living room
      • Level: First
      • Area: 513 Square Feet
      • Dimensions: 27 x 19
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Microwave, Double Oven, Range Hood, Refrigerator
      Features
      • Breakfast Bar, Kitchen Island, Recessed Lighting, Wet Bar
      • Flooring: Tile
      • Has fireplace: Yes
      • Fireplace features: Fireplace 2+
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,208
      • Total interior livable area: 3,208 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 7
      • Parking features: Oversized
      • Attached garage spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Patio
      • Exterior features: Boatlift, Dock, Private Yard
      • Pool features: In Ground
      • Has view: Yes
      • View description: Intracoastal Waterwy, Sound
      • Has water view: Yes
      • Water view: Intracoastal Waterwy,Sound
      • Waterfront features: Intracoastal Wtrwy, Sound, Seawall
      Lot
      • Size: 0.32 Acres
      • Dimensions: 94 x 170 x 94 x 170
      • Features: Within 1/2 Mile to Water
      Details
      • Parcel number: 002S24218500040150
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Brick, Wood Siding
      • Roof: Shingle
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 1971

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: SANTA ROSA ISLAND
      Location
      • Region: Fort Walton Beach

      Financial & listing details

      • Price per square foot: $620/sqft
      • Tax assessed value: $948,831
      • Annual tax amount: $12,445
      • Date on market: 6/3/2026
      • Road surface type: Paved

        Estimated market value

        $1,888,400

        $1.79M - $1.98M

        $6,254/mo

        Price history

        DateEventPrice
        7/16/2026Price change$1,989,000-0.5%$620/sqft
        Source: ECAOR #995651 Report a problem
        6/3/2026Price change$1,999,000-7%$623/sqft
        Source: ECAOR #995651 Report a problem
        4/24/2026Pending sale$2,150,000$670/sqft
        Source: ECAOR #995651 Report a problem
        2/19/2026Listed for sale$2,150,000+770.4%$670/sqft
        Source: ECAOR #995651 Report a problem
        12/21/2022Sold$247,000$77/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,445 -4.7%$948,831 -3.9%
        2024$13,062 +16.6%$987,253 +17.5%
        2023$11,199 +20.3%$840,086 +7.6%
        2022$9,309 +17.7%$780,669 +36.2%
        2021$7,912 +10.5%$573,259 +6%
        2020$7,160 +5.3%$540,581 +7.9%
        2019$6,799 +43.1%$500,961 +32%
        2018$4,752 $379,645 +2.1%
        2017$4,752 -0.7%$371,836 +2.1%
        2016$4,784 +4.3%$364,188 +0.7%
        2015$4,585 -2.4%$361,656 +0.8%
        2014$4,700 $358,786 +1.5%
        2013-- $353,484 +1.7%
        2012-- $347,575 +3%
        2011-- $337,451 +1.5%
        2010-- $332,464 +2.7%
        2009-- $323,723 +0.1%
        2008-- $323,400 +3%
        2007-- $313,981 +23%
        2006-- $255,324 +0.8%
        2005-- $253,280 +3%
        2004-- $245,903 +1.9%
        2003-- $241,318 +2.4%
        2002-- $235,662 +1.6%
        2001-- $231,951
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Okaloosa Island

        Getting around

        21 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Edwins
        • 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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