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Sold for $750,000
  • $750,000

    554 Coral Ct Unit 505, Fort Walton Beach, FL 32548

    2beds
    1,453sqft
    Condominium
    Built in 1982
    -- sqft lot
    $750,000 Zestimate®
    $516/sqft
    $2,655 Estimated rent

    Home value

    $750,000

    $705,000 - $803,000

    $2,655/mo

    Zestimate® history
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    What's special

    Separate kiddie poolHeated poolBathroom updatesTons of storagePickleball courtsGorgeous tile flooringGrilling area
    Unit 505 at Surf Dweller on Okaloosa Island has, by far, one of the most impressive views (both inside and out) on the island. This being their primary residence the owners made sure, during the 2015 complete remodel, this unit had top of the line finishes and upgrades. From the gorgeous custom wood cabinetry with pull-outs, the granite countertops in the kitchen, gorgeous tile flooring and the bathroom updates - nothing was left untouched. They also made sure to include tons of storage, more closet space and included conveniences not customarily found in a condo unit. All of these great upgrades mean the unit would, of course, be a wonderful primary or second home but will also make an amazing rental and could easily entice renters to return for their next vacation. The over-sized balcony is where you will spend most of your time! Unit 505's beautiful gulf views and sunsets are envy-worthy and not to be missed. Of note: HVAC was replaced in 2023, water heater 2016. All required inspections have been completed - assessment from 2025 has been paid in full. Surf Dweller offers a heated pool, separate kiddie pool, pickleball courts, an exercise room as well as a grilling area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy L Wood 850-687-6911,

    NextHome Cornerstone Realty

    Bought with:

    Amanda L Reaves, 3456993

    Coldwell Banker Realty

    Source: ECAOR,MLS#: 997342MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Area: 196 Square Feet
    • Dimensions: 14 x 14
    Bedroom
    • Level: First
    • Area: 196 Square Feet
    • Dimensions: 14 x 14
    Dining area
    • Level: First
    • Area: 195 Square Feet
    • Dimensions: 13 x 15
    Kitchen
    • Level: First
    • Area: 240 Square Feet
    • Dimensions: 16 x 15
    Living room
    • Level: First
    • Area: 240 Square Feet
    • Dimensions: 16 x 15
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Electric Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Recessed Lighting, Pantry
    • Flooring: Tile, Carpet
    • Windows: Window Treatments
    Interior area
    • Total structure area: 1,453
    • Total interior livable area: 1,453 sqft

    Property

    Features
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Gulf, Intracoastal Waterwy
    • Has water view: Yes
    • Water view: Gulf,Intracoastal Waterwy
    • Waterfront features: Gulf, Waterfront
    Details
    • Parcel number: 002S24309900000505

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Concrete, Stucco
    Condition
    • Construction Complete,Renovated
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Pool, Tennis Court(s), Waterfront, Short Term Rental - Allowed
    • Security: Fire Alarm, Smoke Detector(s)
    • Subdivision: SURF DWELLER CONDO
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Insurance, Management, Utilities, Recreational Faclty, Sewer, Cable TV, Trash, Water
    Location
    • Region: Fort Walton Beach

    Financial & listing details

    • Price per square foot: $516/sqft
    • Tax assessed value: $500,000
    • Annual tax amount: $6,558
    • Date on market: 3/8/2026

    Price history

    DateEventPrice
    6/8/2026Sold$750,000-3.2%$516/sqft
    Source: ECAOR #997342 Report a problem
    5/2/2026Pending sale$775,000$533/sqft
    Source: ECAOR #997342 Report a problem
    3/28/2026Price change$775,000-3.1%$533/sqft
    Source: ECAOR #997342 Report a problem
    3/8/2026Listed for sale$799,900+119.2%$551/sqft
    Source: ECAOR #997342 Report a problem
    11/14/2003Sold$365,000$251/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,558 +0.3%$500,000 +8.9%
    2024$6,537 +4.4%$459,195 -15.7%
    2023$6,263 +14.6%$545,000 +22.5%
    2022$5,464 +14.7%$445,000 +29%
    2021$4,762 +7.5%$345,000 +1.5%
    2020$4,431 +8.8%$340,000 +13.3%
    2019$4,072 +0.6%$300,000 +3.4%
    2018$4,047 $290,000 +3.6%
    2017$4,047 +0.7%$280,000 +8.1%
    2016$4,019 +10.5%$259,000 +4.9%
    2015$3,637 +1.6%$247,000 +2.9%
    2014$3,581 $240,000 +10.6%
    2013-- $217,000 +2.8%
    2012-- $211,000 -5.8%
    2011-- $224,000 -14.5%
    2010-- $262,000 -15.2%
    2009-- $309,000 -13%
    2008-- $355,000 -8.3%
    2007-- $387,000 -13%
    2006-- $445,000 +21.9%
    2005-- $365,000 +58%
    2004-- $231,000 +12.7%
    2003-- $205,000 +6.8%
    2002-- $192,000
    2001-- $192,000
    Find assessor info on the county website

    Neighborhood: Okaloosa Island

    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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    $765,000