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Sold for $1,150,000
  • $1,150,000

    521 Dorado Ave, Fort Walton Beach, FL 32548

    3beds
    2,284sqft
    Single Family Residence
    Built in 1968
    10,454 Square Feet Lot
    $1,150,300 Zestimate®
    $504/sqft
    $3,162 Estimated rent

    Home value

    $1,150,300

    $1.08M - $1.23M

    $3,162/mo

    Zestimate® history
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    What's special

    Private dockDramatic floor-to-ceiling windowsStriking black granite fireplacePanoramic water viewsSoaring ceilings
    A true architectural treasure on Okaloosa Island, this striking mid-century modern residence was designed to stand apart--and decades later, it remains every bit as distinctive. Perched high above the shoreline with 122 feet of waterfront along the breathtaking Santa Rosa Sound and Intracoastal Waterway, this 2,284-square-foot, 3-bedroom, 3.5-bath home pairs iconic design with panoramic water views and an exceptional coastal lifestyle. Once featured in Southern Living Magazine, the home was undeniably ahead of its time and remains a rare piece of Okaloosa Island architectural history. The experience begins before you ever step inside. A sweeping canopy of mature ligustrum creates a private, almost enchanted approach, forming a lush natural passage to the home. As you arrive, a distinctive breeze block wall--a hallmark of mid-century design--offers the first glimpse of the architectural character that awaits. Together with the custom, one-of-a-kind front door, these details create an entrance that feels both private and unmistakably original. Step inside and the home's architecture immediately takes center stage, as sweeping views of the Sound draw your eye through the living spaces and toward the water beyond. Inside, original mid-century character blends effortlessly with contemporary sophistication. Soaring ceilings, an open-concept living, dining, and kitchen area, and dramatic floor-to-ceiling windows create an extraordinary sense of volume, light, and connection to the outdoors. Walls of glass transform the ever-changing beauty of the Sound into living art, while built-in shelving surrounding a striking black granite fireplace provides a dramatic focal point and the perfect backdrop for art, books, and collected treasures. Thoughtfully designed for both privacy and entertaining, each of the home's three bedrooms features its own private bath, while an additional powder room is conveniently positioned just off the main living area. The home's connection to the water continues outdoors, where an expansive paver patio sits high above the shoreline, creating a spectacular setting for entertaining, dining alfresco, or simply watching boats glide along the Intracoastal. With 122 feet of waterfront, the property offers abundant space to embrace life on the Sound, from quiet mornings by the water to unforgettable evenings beneath the coastal sky. A private dock places the best of the Emerald Coast within easy reach. Spend the day boating, fishing, paddleboarding, or cruising to Crab Island and Destin, then return home to the privacy and serenity of your own waterfront retreat. Architecturally significant, effortlessly sophisticated, and unmistakably one of a kind, this is far more than a waterfront home--it is a piece of Okaloosa Island history. Properties with this combination of design, elevation, waterfrontage, and character are rarely offered. This is a home that simply must be experienced in person to be fully appreciated.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Purdy,

    Coldwell Banker Realty

    Bought with:

    Shane T Grady, 3433234

    Coldwell Banker Realty

    Source: ECAOR,MLS#: 1012145MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    • Area: 426.93 Square Feet
    • Dimensions: 13.3 x 32.1
    Bedroom
    • Level: First
    • Area: 156.18 Square Feet
    • Dimensions: 13.7 x 11.4
    Bedroom
    • Level: Second
    • Area: 150.77 Square Feet
    • Dimensions: 13.11 x 11.5
    Primary bathroom
    • Level: Second
    • Area: 124.07 Square Feet
    • Dimensions: 13.5 x 9.2
    Bathroom
    • Level: First
    • Area: 35.28 Square Feet
    • Dimensions: 5.6 x 6.3
    Bathroom
    • Level: First
    • Area: 32.31 Square Feet
    • Dimensions: 7.9 x 4.1
    Bathroom
    • Level: Second
    • Area: 34.1 Square Feet
    • Dimensions: 5.1 x 6.7
    Dining room
    • Level: First
    • Area: 230.46 Square Feet
    • Dimensions: 13.8 x 16.7
    Foyer
    • Level: First
    • Area: 50.82 Square Feet
    • Dimensions: 4.2 x 12.1
    Kitchen
    • Level: First
    • Area: 100.09 Square Feet
    • Dimensions: 10.11 x 9.9
    Laundry
    • Level: First
    • Area: 79.9 Square Feet
    • Dimensions: 8.5 x 9.4
    Living room
    • Level: First
    • Area: 409.2 Square Feet
    • Dimensions: 18.6 x 22
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Electric Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Bookcases, Cathedral Ceiling(s), Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Newly Painted, Pantry, Split Bedroom, Walls Mirrored
    • Flooring: Tile, Carpet
    • Windows: Tinted Windows, Skylight(s), Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Gas
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,284
    • Total interior livable area: 2,284 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Boat, Attached Carport, Golf Cart Garage, Guest, Carport, See Remarks, Covered
    • Carport spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Deck, Patio, Porch
    • Exterior features: Dock, Lawn Pump, Sprinkler System
    • Fencing: Partial
    • Has view: Yes
    • View description: Bay, Intracoastal Waterwy, Sound
    • Has water view: Yes
    • Water view: Bay,Intracoastal Waterwy,Sound
    • Waterfront features: Bay, Intracoastal Wtrwy, Seawall, Sound
    Lot
    • Size: 10,454 Square Feet
    • Dimensions: 59 x 155 x 122 x 155
    • Features: Aerials/Topo Availbl, Interior Lot, Within 1/2 Mile to Water
    Details
    • Parcel number: 002S24218500050228
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco, Wood Siding, Trim Wood
    • Foundation: Slab
    • Roof: Flat
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: Beach, Boat Launch, Dock, Fishing, Leasehold, Minimum Rental Prd, Short Term Rental - Not Allowed, Playground, Waterfront
    • Subdivision: SANTA ROSA ISLAND
    Location
    • Region: Fort Walton Beach

    Financial & listing details

    • Price per square foot: $504/sqft
    • Tax assessed value: $672,441
    • Annual tax amount: $4,639
    • Date on market: 9/18/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/28/2026Sold$1,150,000$504/sqft
    Source: ECAOR #1012145 Report a problem
    10/2/2026Pending sale$1,150,000$504/sqft
    Source: ECAOR #1012145 Report a problem
    9/18/2026Listed for sale$1,150,000$504/sqft
    Source: ECAOR #1012145 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,640 +2.2%$393,909 +2.9%
    2024$4,538 +2.6%$382,808 +3%
    2023$4,425 +2.5%$371,658 +3%
    2022$4,315 +0.5%$360,833 +3%
    2021$4,294 +5.6%$350,323 +1.4%
    2020$4,065 +0.1%$345,486 +2.3%
    2019$4,060 -0.6%$337,718 +1.9%
    2018$4,086 $331,421 +2.1%
    2017$4,086 -0.5%$324,604 +2.1%
    2016$4,106 +4.3%$317,928 +0.7%
    2015$3,935 -2.4%$315,718 -0.2%
    2014$4,034 $316,301 +1.5%
    2013-- $311,627 +1.7%
    2012-- $306,418 +3%
    2011-- $297,493 +1.5%
    2010-- $293,097 +2.7%
    2009-- $285,391 +0.1%
    2008-- $285,106 +3%
    2007-- $276,802 +2.5%
    2006-- $270,051 +3%
    2005-- $262,185 +3%
    2004-- $254,549 +1.9%
    2003-- $249,803 +2.4%
    2002-- $243,948 +1.6%
    2001-- $240,106
    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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    $1,150,300
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,150,300
    2% more
    +$23,006
    With Zillow Showcase(estimated)

    $1,173,306