407 Cobia Avenue, Fort Walton Beach

$437,000

2 Beds
1 Bath
980 Sqft
.28 Acre
0 Garage

Multiple Offers. Highest and Best due by12pm on 07/25/26. Welcome to your coastal retreat on beautiful Okaloosa Island. Ideally located just 150 yards from the sugar-white sands and emerald waters of the Gulf, this beautifully renovated beachside home offers the perfect blend of coastal living, modern comfort, and investment potential. Enjoy easy access to Downtown Fort Walton Beach, Destin, waterfront dining, shopping, entertainment, boating, and some of the Emerald Coast's most sought-after beaches. Inside, you'll find a bright and inviting open-concept floor plan designed for effortless living and entertaining. Thoughtfully updated throughout, the home features oversized tile flooring, recessed lighting, custom plantation shutters, quartzite and luxury stylish finishes that create a fresh, relaxed atmosphere. The updated kitchen serves as the heart of the home, showcasing stainless steel appliances, sleek cabinetry, a classic subway tile backsplash, and an oversized island perfect for gathering with family and friends after a day at the beach. Spacious living areas provide plenty of room to relax and entertain, while the well-appointed bedrooms offer comfortable retreats filled with natural light. Every detail has been carefully considered to create a move-in-ready coastal escape. Step outside and embrace the island lifestyle. Spend your days walking to the beach, paddleboarding, fishing, boating, dining at local seafood restaurants, or simply enjoying breathtaking Gulf Coast sunsets. The generous lot provides abundant space for outdoor entertaining, future landscaping enhancements, additional parking, or boat and RV storage.
With two bedrooms and exceptional versatility, this property is ideal as a primary residence, second home, or income-producing long-term rental. Its prime location near the beach, combined with extensive renovations and flexible outdoor space, creates lasting value and broad appeal.
Opportunities to own this close to the beach are increasingly rare. Experience the charm, convenience, and relaxed coastal lifestyle that make Okaloosa Island one of Northwest Florida's most desirable destinations.
Please note: Short-term rentals are not permitted.

Essential Information
MLS® #1003692
Price$437,000
Sold Price$420,000
Date Sold$2026-08-24
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage980
Acres0.28
Year Built1956
TypeResidential
Sub-TypeDetached Single Family
StyleFlorida Cottage
StatusSold
Community Information
Address407 Cobia Avenue
Area12 - Fort Walton Beach
SubdivisionOkaloosa Island
CityFort Walton Beach
CountyOkaloosa
StateFL
Zip Code32548
Amenities
UtilitiesElectric, Public Sewer
Interior
CoolingCentral Air
# of Stories1
Interior Features

Kitchen Island, Recessed Lighting, Newly Painted, Washer/Dryer Hookup, Woodwork Painted

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Washer

Windows

Plantation Shutters, Window Treatments

School Information
ElementaryElliott Point
MiddleBruner
HighFort Walton Beach
Additional Information
Days on Website156
ZoningResid Single Family
Listing Details
OfficeCompass
Property History
Price Reduced from $450,000 to $437,000
Price Reduced from $470,000 to $450,000
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 407 Cobia Avenue, Fort Walton Beach, FL

Photo of Listing #1012721

48 Ne Nebraska Avenue, Fort Walton Beach

$424,877 - 4 Beds, 3 Baths, 1,903 Sf

MLS® # 1012721

Photo of Listing #1009977

324 Sw Harbor Place, Fort Walton Beach

$346,500 - 3 Beds, 2 Baths, 1,250 Sf

MLS® # 1009977

Photo of Listing #1009937

424 Nw Village Court, Fort Walton Beach

$394,900 - 3 Beds, 2 Baths, 1,478 Sf

MLS® # 1009937

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 25th, 2026 at 8:22pm CDT.