417 Cobia Avenue, Fort Walton Beach

$749,000

4 Beds
3 Baths
2,665 Sqft
.32 Acre
0 Garage

Discover coastal living at its finest in this beautifully renovated two-story beach house on Okaloosa Island, situated on a spacious 0.32-acre lot just moments from sugar-white sand and emerald waters. Designed for flexibility, entertainment, and comfort, this home offers a unique blend of upgraded interiors, modern amenities, and resort-style outdoor living. Step inside to an inviting upper level featuring a fully remodeled kitchen with a stylish tile backsplash, gleaming granite countertops, stainless steel appliances, and abundant natural light-perfect for cooking, hosting, and gathering. The open-concept living area flows seamlessly and includes a cozy gas fireplace, creating a warm, coastal-chic atmosphere year-round. Downstairs, a private lock-out apartment provides exceptional versatility. Use it as a guest suite, rental opportunity, or easily integrate it into the main home to create a luxurious full master retreat complete with its own living area and fully equipped kitchenette. Outside, your personal paradise awaits. Enjoy a beautiful new composite 560+ sq ft deck overlooking a sparkling in-ground pool with a 2026 pool pump and a large fenced yard which is ideal for entertaining, sunbathing, or quiet evenings under island skies. The property also includes a 2024 tankless gas water heater, ensuring efficient, endless hot water for the whole household. A new metal roof was completed in 2020, whole house rewire in 2019, and new HVACs in 2020 and 2025. Whether you're seeking a primary residence, vacation home, or high-earning investment property, this expertly renovated Okaloosa Island gem delivers style, space, and exceptional coastal charm-all on an oversized lot rarely found this close to the beach.

Call today to secure your piece of paradise!

Essential Information
MLS® #989999
Price$749,000
Sold Price$715,000
Date Sold$2026-07-09
Bedrooms4
Bathrooms3.00
Full Baths3
Square Footage2,665
Acres0.32
Year Built1972
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusSold
Community Information
Address417 Cobia Avenue
Area12 - Fort Walton Beach
SubdivisionSANTA ROSA ISLAND
CityFort Walton Beach
CountyOkaloosa
StateFL
Zip Code32548
Amenities
ViewIntracoastal Waterwy
Has PoolYes
PoolIn Ground
Utilities

Public Sewer, Public Water, TV Cable

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
FireplaceYes
FireplacesFireplace Gas
# of Stories2
Interior Features

Beamed Ceilings, Kitchen Island, Pantry, Washer/Dryer Hookup, Woodwork Painted

Appliances

Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Tankless Water Heater

Exterior
Exterior FeaturesOutdoor Grill, Columns
RoofMetal
ConstructionBrick, Siding Vinyl
FoundationSlab
Lot Description

Level, Within 1/2 Mile to Water

Windows

Double Pane Windows, Window Treatments

School Information
ElementaryElliott Point
MiddleBruner
HighFort Walton Beach
Additional Information
Days on Website338
ZoningCounty, Resid Single Family
Listing Details
OfficeCompass
Property History
Price Reduced from $769,000 to $749,000
Price Reduced from $795,000 to $769,000
Price Reduced from $859,900 to $795,000
Price Reduced from $947,000 to $859,900
Price Reduced from $997,000 to $947,000
Show All History (6)
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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 12:52pm CDT.