See Home Value
$873,000
● House - Off Market

424 Caviar Drive

Fort Walton Beach, FL 32548
bedrooms
3 Beds
bathrooms
2 Baths
$5,574
Est. Monthly

About This Property

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.
Unit Size
-
Days on Market
33 days
Land Size
0.29 acres
Price per sqft
-
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1968

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Last updated: 12 months ago (ECAR #987818)

Price History

Date / Event Date Event Price
Nov 20, 2025 Sold
Sold
Oct 21, 2025 In contract -
In contract
Oct 13, 2025 Listed by Keller Williams Realty Destin $1,050,000
Listed by Keller Williams Realty Destin

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 6
  • Roof Cover Type: 2
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 674
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,552
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 4,064
  • Gross Building Area: 4,064
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANTA ROSA ISLAND
  • Land Acres: 0000000288
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SANTA ROSA ISLAND LOT 152 BLK 4

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023200

Geography

  • Assessors Map Reference: 18
  • Parcel: 00-2S-24-2185-0004-0152
  • Block: 4
  • Lot: 152
  • Municipality: OKALOOSA ISLAND FIRE
  • Latitude: 30.3986
  • Longitude: -86.6099

    Address

  • Full Address: 424 Caviar Dr
  • Address - House Number: 424
  • Address - Street Name: Caviar
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C017
  • 4-Digit Zip Code: 6940
  • Zip Code: 32548

Valuation

    Tax

  • Total Area: 2,368
  • Tax Year: 2023
  • Tax Amount: $489,244
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 782,883
  • High Value: 922,434
  • Low Value: 643,332

    Market Valuation

  • Market Total Value: $713,358
  • Market Land Value: $438,115
  • Market Improvement Value: $275,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,747

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Santa Rosa Island


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Frequently Asked Questions

When was property at 424 Caviar Drive built and last sold?
The property at 424 Caviar Drive was built in 1968 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 424 Caviar Drive is $1,060,500.
What are some comparable homes to 424 Caviar Drive?
There are currently no comparable homes to 424 Caviar Drive.