721 Sailfish Drive, Fort Walton Beach
MLS® # 994678
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.
Dock, Fishing, Short Term Rental - Not Allowed, Waterfront
Gas - Natural, Public Sewer, Public Water
Garage Door Opener, Boat, RV Access/Parking, Garage
Intracoastal Wtrwy, Sound, Waterfront
Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
Balcony, Boat Slip, Boatlift, Dock
Bulkhead/Seawall, Within 1/2 Mile to Water
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 24th, 2026 at 11:22am CDT.