424 Caviar Drive, Fort Walton Beach

$1,050,000

3 Beds
2 Baths
1,772 Sqft
.29 Acre
2 Garages

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.

Essential Information
MLS® #987818
Price$1,050,000
Sold Price$873,000
Date Sold$2025-11-20
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,772
Acres0.29
Year Built1968
TypeResidential
Sub-TypeDetached Single Family
StyleOther
StatusSold
Community Information
Address424 Caviar Drive
Area12 - Fort Walton Beach
SubdivisionOkaloosa Island
CityFort Walton Beach
CountyOkaloosa
StateFL
Zip Code32548
Amenities
# of Garages2
ViewIntracoastal Waterwy, Sound
Is WaterfrontYes
Amenities

Dock, Fishing, Short Term Rental - Not Allowed, Waterfront

Utilities

Gas - Natural, Public Sewer, Public Water

Parking

Garage Door Opener, Boat, RV Access/Parking, Garage

Waterfront

Intracoastal Wtrwy, Sound, Waterfront

Interior
Interior FeaturesWasher/Dryer Hookup
HeatingCentral, Gas - Natural
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Appliances

Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater

Exterior
WindowsWindow Treatments
ConstructionFrame, Stucco
Exterior Features

Balcony, Boat Slip, Boatlift, Dock

Lot Description

Bulkhead/Seawall, Within 1/2 Mile to Water

School Information
ElementaryEdwins
MiddleBruner
HighFort Walton Beach
Additional Information
Days on Website376
ZoningResid Single Family
Listing Details
OfficeKeller Williams Realty Destin
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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.