Never-Before-Offered Coastal Gem | Prime Okaloosa Island Location.
For the very first time, this one-of-a-kind coastal home is hitting the market—offering a rare opportunity to own directly across the street from the breathtaking Gulf of Mexico. Perfectly positioned on Okaloosa Island, this spacious 5-bedroom, 3.5-bath residence spans 2,392 square feet and is bursting with potential.
Solidly built with incredible bones, this home features a desirable split floor plan, offering both functionality and privacy. One of the standout highlights is the separate mother-in-law suite—complete with its own bedroom and full bath—ideal for guests or extended family. Inside, the home invites your vision. While it could benefit from modern updates, the layout and structure provide the perfect canvas to create your dream beachside retreat. Generous living areas, ample natural light, bedrooms with sitting rooms, natural beamed ceilings, and a location that's truly second to none make this a standout investment.
Yards from sugar-white sands and emerald waters, this property combines location, size, and opportunity in one unbeatable package. Don't miss the chance to own a legacy home in one of the most sought-after stretches of the Gulf Coast.
Opportunities like this are once in a lifetimeschedule your showing today!
Sold for $435,000
$435,000
502 Dory Ave, Fort Walton Beach, FL 32548
5beds
2,392sqft
Single Family Residence
Built in 1969
0.25 Acres Lot
$436,100 Zestimate®
$182/sqft
$3,940 Estimated rent
Home value
$436,100
$397,000 - $480,000
$3,940/mo
Zestimate® history
Owner options
List your home for rent
$3,940/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,940/mo
Rent Zestimate®
Refinance and save
$2,816/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,816/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Nikki Segraves Wood 850-420-0955,
ERA American Real Estate
Bought with:
Becky Nicholson, SL3273563
COLDWELL BANKER REALTY
Source: ECAOR,MLS#: 978229
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 188.4 Square Feet
- Dimensions: 15.7 x 12
Bedroom
- Description: plus a sitting room
- Level: First
- Area: 90 Square Feet
- Dimensions: 10 x 9
Bedroom
- Description: plus a sitting room
- Level: First
- Area: 109.76 Square Feet
- Dimensions: 11.2 x 9.8
Bedroom
- Level: First
- Area: 122.28 Square Feet
- Dimensions: 12 x 10.2
Primary bathroom
- Level: First
- Area: 160 Square Feet
- Dimensions: 10 x 16
Dining area
- Level: First
- Area: 105.15 Square Feet
- Dimensions: 8.7 x 12.1
Kitchen
- Level: First
- Area: 100.8 Square Feet
- Dimensions: 8 x 12.6
Living room
- Level: First
- Area: 208 Square Feet
- Dimensions: 16 x 13
Other
- Description: Mother In Law Quarters
- Level: First
- Area: 210 Square Feet
- Dimensions: 21 x 10
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Bookcases, Beamed Ceilings, In-Law Floorplan, Split Bedroom, Walls Paneled
- Flooring: Terrazzo
- Windows: Hurricane Shutters
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,392
- Total interior livable area: 2,392 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport
- Carport spaces: 2
Accessibility
- Accessibility features: Handicap Provisions
Features
- Stories: 1
- Fencing: Chain Link
Lot
- Size: 0.25 Acres
- Dimensions: 90 x 120
- Features: Flood Insurance Req, Interior Lot, Level, Restrictions, Within 1/2 Mile to Water
Details
- Parcel number: 002S24218500050211
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Frame, Stucco, Trim Aluminum
- Foundation: Slab
- Roof: Shingle
Condition
- Construction Complete
- New construction: No
- Year built: 1969
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: Short Term Rental - Not Allowed
Location
- Region: Fort Walton Beach
- Subdivision: SANTA ROSA ISLAND
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2025 | Sold | $435,000-6.5%$182/sqft |
Source:  ECAOR #978229 Report a problem | ||
| 6/17/2025 | Pending sale | $465,000$194/sqft |
Source: ECAOR #978229 Report a problem | ||
| 6/7/2025 | Listed for sale | $465,000$194/sqft |
Source: ECAOR #978229 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,560 +315.9% | $420,236 +200.1% |
| 2023 | $1,337 +3.3% | $140,017 +3% |
| 2022 | $1,294 +1.1% | $135,939 +3% |
| 2021 | $1,280 +5.6% | $131,980 +1.4% |
| 2020 | $1,213 +0.8% | $130,158 +2.3% |
| 2019 | $1,203 0% | $127,232 +1.9% |
| 2018 | $1,204 | $124,860 +3.1% |
| 2017 | $1,204 +1.5% | $121,145 +2.1% |
| 2016 | $1,186 +4.3% | $118,653 +0.7% |
| 2015 | $1,137 -2.4% | $117,828 +0.8% |
| 2014 | $1,165 | $116,893 +1.5% |
| 2013 | -- | $115,166 +1.7% |
| 2012 | -- | $113,241 +3% |
| 2011 | -- | $109,943 +1.5% |
| 2010 | -- | $108,318 +2.7% |
| 2009 | -- | $105,470 +0.1% |
| 2008 | -- | $105,365 +3% |
| 2007 | -- | $102,296 +2.5% |
| 2006 | -- | $99,801 +2.1% |
| 2005 | -- | $97,709 +3% |
| 2004 | -- | $94,863 +1.9% |
| 2003 | -- | $93,094 +2.4% |
| 2002 | -- | $90,912 +1.6% |
| 2001 | -- | $89,480 |
Find assessor info on the county website
Neighborhood: Okaloosa Island
Nearby schools
GreatSchools rating
- 5/10Elliott Point Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 7/10Max Bruner Junior Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Elliott Point
- Middle: Meigs
- High: Choctawhatchee
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$436,100
2% more
+$8,722
With Zillow Showcase(estimated)
$444,822
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Fort Walton Beach Topics
- Apartments for Rent in 32548
- Houses for Sale in 32548
- Houses for Rent in 32548
- 32548 Real Estate
- Fort Walton Beach Condos
- Houses for Sale in Fort Walton Beach
- Newest Listings in Fort Walton Beach
- Fort Walton Beach Home Values
- Fort Walton Beach Real Estate Agents
- Fort Walton Beach Refinance
- Fort Walton Beach Mortgage Rates
