A rare opportunity awaits to own a deep-water, waterfront home on Okaloosa Island with sweeping panoramic Sound views and direct access to the Intracoastal Waterway — a true boater's paradise.
This classic coastal residence, built in 1968 and lovingly owned by the same family for over 30 years, now presents an exceptional chance to create a custom luxury retreat.
Imagine waking up to shimmering water views, enjoying sunsets from your private dock, and launching your boat directly from your backyard into the deep, navigable waters that lead to the Gulf. Property Highlights:
-Premier deep-water lot with private dock
-Expansive Sound views and vibrant sunsets
-Easy access to the Gulf, beaches, dining, Fort Walton Beach and Destin Harbor
-Ideal for new construction or high-end renovation
Opportunities like this rarely come available on Okaloosa Island. Whether you envision a contemporary coastal masterpiece or the revival of a timeless beach home, this property offers the perfect canvas to bring your vision to life. Buyer to verify all information.
Sold for $873,000
$873,000
424 Caviar Dr, Fort Walton Beach, FL 32548
3beds
1,772sqft
Single Family Residence
Built in 1968
0.29 Acres Lot
$877,300 Zestimate®
$493/sqft
$2,800 Estimated rent
Home value
$877,300
$798,000 - $965,000
$2,800/mo
Zestimate® history
Owner options
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$2,800/mo
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$5,464/mo
Est. payment
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$5,464/mo
Est. payment
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List your homeWhat's special
Private dockClassic coastal residenceSweeping panoramic sound viewsDeep-water waterfront homeShimmering water viewsVibrant sunsets
Zillow last checked:
Listing updated:
Listed by:
At The Beach Team 850-654-3325,
Keller Williams Realty Destin
Bought with:
Non Member Office (NABOR)
Source: ECAOR,MLS#: 987818
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Second
- Area: 348 Square Feet
- Dimensions: 29 x 12
Bedroom
- Level: First
- Area: 10810 Square Feet
- Dimensions: 115 x 94
Bedroom
- Level: First
- Area: 125580 Square Feet
- Dimensions: 138 x 910
Primary bathroom
- Description: Shower
- Level: Second
- Area: 430 Square Feet
- Dimensions: 86 x 5
Bathroom
- Level: First
- Area: 63 Square Feet
- Dimensions: 9 x 7
Bathroom
- Description: Shower
- Level: First
- Area: 4420 Square Feet
- Dimensions: 85 x 52
Kitchen
- Description: Kitchen/Dining combo
- Level: Second
- Area: 26132 Square Feet
- Dimensions: 188 x 139
Laundry
- Level: First
- Area: 1309 Square Feet
- Dimensions: 119 x 11
Living room
- Level: Second
- Area: 18150 Square Feet
- Dimensions: 15 x 1,210
Other
- Description: Exterior Deck
- Level: First
- Area: 3192 Square Feet
- Dimensions: 12 x 266
Heating
- Central, Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Flooring: Carpet
- Windows: Window Treatments
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,772
- Total interior livable area: 1,772 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Boat, RV Access/Parking, Garage
- Attached garage spaces: 2
Features
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Balcony, Boat Slip, Boatlift, Dock
- Has view: Yes
- View description: Intracoastal Waterwy, Sound
- Has water view: Yes
- Water view: Intracoastal Waterwy,Sound
- Waterfront features: Intracoastal Wtrwy, Sound, Waterfront, Seawall
Lot
- Size: 0.29 Acres
- Dimensions: 190 x 110 x 160 x 50
- Features: Within 1/2 Mile to Water
Details
- Parcel number: 002S24218500040152
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
Condition
- Construction Complete
- New construction: No
- Year built: 1968
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Dock, Fishing, Short Term Rental - Not Allowed, Waterfront
- Security: Smoke Detector(s)
- Subdivision: Okaloosa Island
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $493/sqft
- Tax assessed value: $711,568
- Annual tax amount: $5,015
- Date on market: 10/18/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2025 | Sold | $873,000-16.9%$493/sqft |
Source:  ECAOR #987818 Report a problem | ||
| 10/21/2025 | Pending sale | $1,050,000$593/sqft |
Source: ECAOR #987818 Report a problem | ||
| 10/18/2025 | Listed for sale | $1,050,000$593/sqft |
Source: ECAOR #987818 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,016 +2.5% | $418,949 +3% |
| 2023 | $4,892 +2.5% | $406,747 +3% |
| 2022 | $4,773 +0.5% | $394,900 +3% |
| 2021 | $4,750 +5.6% | $383,398 +1.4% |
| 2020 | $4,497 +0.1% | $378,105 +2.3% |
| 2019 | $4,493 -0.7% | $369,604 +1.9% |
| 2018 | $4,523 | $362,712 +2.1% |
| 2017 | $4,523 -0.5% | $355,252 +2.1% |
| 2016 | $4,546 +4.3% | $347,945 +0.7% |
| 2015 | $4,357 -2.4% | $345,526 -11.1% |
| 2014 | $4,466 | $388,778 +1.5% |
| 2013 | -- | $383,033 +0.5% |
| 2012 | -- | $380,957 +32.9% |
| 2011 | -- | $286,673 +1.5% |
| 2010 | -- | $282,436 +2.7% |
| 2009 | -- | $275,011 +0.1% |
| 2008 | -- | $274,736 +3% |
| 2007 | -- | $266,734 +2.5% |
| 2006 | -- | $260,228 +3% |
| 2005 | -- | $252,649 +3% |
| 2004 | -- | $245,290 +1.9% |
| 2003 | -- | $240,716 +2.4% |
| 2002 | -- | $235,074 +1.6% |
| 2001 | -- | $231,372 |
Find assessor info on the county website
Neighborhood: Okaloosa Island
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Nearby schools
GreatSchools rating
- 5/10Elliott Point Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 7/10Max Bruner Junior Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 2.1 mi
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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