20 Magnolia Avenue, Shalimar

$529,900

5 Beds
3 Baths
2,968 Sqft
.34 Acre
0 Garage

**NEW STAINLESS STEEL APPLIANCES BEING ADDED TO THE KITCHEN, UPDATED PHOTOS COMING SOON!** Beautifully Updated 5-Bedroom, 3-Bath Home with Bonus Room - No HOA - Poquito Bayou Neighborhood! Discover the perfect blend of space, functionality, and modern updates in this thoughtfully maintained two-story home. Situated on a 0.34-acre lot in the highly desirable Poquito Bayou neighborhood, this property offers no HOA fees and is just minutes from Eglin AFB, Hurlburt Field, Fort Walton Beach, and local beaches. A gorgeous koi pond and waterfall welcome you at the entry, setting the tone for the tranquility found throughout the home. Step inside to find five spacious bedrooms, three full bathrooms, and three versatile living areas, including a bonus room with a private entrance, ideal for a home business, studio, extra entertaining space, game room, or guest suite. The 5th bedroom is large enough to serve as a spacious walk-in closet, and the upstairs level could easily function as a complete master suite with a spacious bedroom, walk-in closet, and updated bath. The home features fresh interior paint, new luxury vinyl plank flooring, and updated interior doors and lighting throughout. The kitchen is equipped with double ovens, a gas range, ample cabinet storage, and space for a second refrigerator, while a walk-in pantry adds convenience. Recent upgrades (2023-2025) include a brand-new roof, copper wiring (March 2024), water heater, lawn irrigation pump, and updated baths with the downstairs en suite renovated in 2023 and the upstairs bath completed in May 2025. Double-pane vinyl windows, a zoned high-efficiency HVAC system, and a whole-house Generac gas generator provides year-round comfort and security. The first-floor primary suite showcases a tiled walk-in shower, while the guest bath offers an oversized granite-topped vanity and tub/shower combo. Upstairs, a spacious bedroom with a walk-in closet and updated bath provides additional privacy and flexibility. The interior laundry room includes a utility sink, folding table, and space for another refrigerator. Outside, enjoy a meticulously landscaped yard, two powered storage sheds/workshops, and an oversized driveway for multiple vehicles. Nearby you'll also find a boat ramp and a playground, adding to the convenience of this location. This home offers unmatched flexibility, thoughtful upgrades, and a sought-after location, ready for its next chapter! *Some photos have been virtually staged*

Essential Information
MLS® #984832
Price$529,900
Sold Price$500,000
Date Sold$2025-12-19
Bedrooms5
Bathrooms3.00
Full Baths3
Square Footage2,968
Acres0.34
Year Built1972
TypeResidential
Sub-TypeDetached Single Family
StyleTraditional
StatusSold
Community Information
Address20 Magnolia Avenue
Area12 - Fort Walton Beach
SubdivisionPoquito Bayou
CityShalimar
CountyOkaloosa
StateFL
Zip Code32579
Amenities
UtilitiesPublic Sewer, Public Water
ParkingOther
Interior
CoolingCentral Air
# of Stories2
School Information
ElementaryLongwood
MiddleMeigs
HighChoctawhatchee
Additional Information
Days on Website417
ZoningResid Single Family
Listing Details
OfficeRealty Pro Group LLC
Property History
Price Reduced from $539,400 to $529,900
Price Reduced from $539,900 to $539,400
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Listing information last updated on October 27th, 2026 at 9:22am CDT.