600 Russell Boulevard, Fort Walton Beach
$1,100,000 - 4 Beds, 3 Baths, 2,409 Sf
MLS® # 1013475
157 Monahan Drive, Fort Walton Beach
$1,130,000
7 Beds
6 Baths
3,205 Sqft
0 Acre
0 Garage
Rare 98 ft of waterfront property with a 2 story dock, boat lift w/ electric & water, and multiple private lockout suites. It's flexible layout offers multiple possibilities. Perfect for a full-time coastal retreat, secondary home, Airbnb or multi generational property. No HOA and short term rental is allowed. Currently operating as a thriving turnkey waterfront rental property with proven success at its start in 2024 and going strong to the present.
Enjoy stunning views, beautiful sunsets, expansive outdoor living space, a large balcony, and direct water access.
OTHER FEATURES:
LIGHT & BRIGHT GREAT ROOM, GRANITE COUNTER TOPS, LARGE KITCHEN ISLAND, COMMERCIAL REFRIGERATOR, 2 LAUNDRY AREAS, GAME ROOM, 3 LOCK OUT SUITES W/ KITCHENETTES, AMPLE PARKING, WHOLE HOME GENERATOR, 2 STORAGE SHEDS, 2020 AC UNIT, FLOOD GATES, EFFECTIVE YEAR BUILT 2000
2024 GROSS $160, 902
2025 GROSS $145, 328
Essential Information
MLS® #1002197
Price$1,130,000
Bedrooms7
Bathrooms6.00
Full Baths6
Square Footage3,205
Year Built1969
TypeResidential
Sub-TypeDetached Single Family
StylePueblo
StatusActive
Community Information
Address157 Monahan Drive
Area12 - Fort Walton Beach
SubdivisionBELLA VISTA
CityFort Walton Beach
CountyOkaloosa
StateFL
Zip Code32547
Amenities
ViewBayou
Is WaterfrontYes
WaterfrontBayou
Utilities
Electric, Public Sewer, Public Water
Interior
CoolingCeiling Fan(s)
# of Stories2
Interior Features
In-Law Floorplan, Kitchen Island, Washer/Dryer Hookup
Appliances
Dishwasher, Disposal, Dryer, Freezer, Microwave, Washer, Electric Water Heater
Exterior
WindowsDouble Pane Windows
Exterior Features
Balcony, Boat Slip, Boatlift, Dock, Sprinkler System, Rain Gutters
Lot Description
Bulkhead/Seawall, Flood Insurance Req
School Information
ElementaryWright
MiddlePryor
HighChoctawhatchee
Additional Information
ZoningResid Multi-Family
Listing Details
OfficeLoKation
Property History
Price Reduced from $1,159,900 to $1,130,000
Price Reduced from $1,179,900 to $1,159,900
Price Reduced from $1,199,000 to $1,179,900
Price Reduced from $1,250,000 to $1,199,000
LISTING MAP
Properties for Sale Similar to 157 Monahan Drive, Fort Walton Beach, FL
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.
Vendors Member Number : 28325
Listing information last updated on October 19th, 2026 at 4:07am CDT.
