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$850,000 -$34,900 (-3.94%) Price Reduced
Property Description
Built in 2018 and thoughtfully designed for both everyday comfort and entertaining, this spacious four-bedroom, three-bath residence sits in Elliot Pointe in the heart of downtown Fort Walton Beach, just moments from the water. Positioned in a golf cart-friendly area with convenient access to boating, beaches, dining, and local events, the home offers an exceptional blend of modern construction, flexible living space, and coastal lifestyle appeal. Inside, the two-story layout offers a bright and open atmosphere highlighted by 10-foot ceilings and quality finishes throughout. The main level features three bedrooms and two full bathrooms, including a private primary suite with a split floor plan that provides both comfort and privacy. Wood-grain tile flooring flows throughout the living spaces while coffered ceilings, recessed lighting, plantation shutters, and fresh interior paint create a polished and inviting environment. The kitchen serves as the central gathering space with shaker-style cabinetry, soft-close doors and drawers, granite countertops, stainless steel appliances, and plenty of room for both cooking and conversation. A second living room upstairs adds valuable flexibility to the floor plan. This level also includes a fourth bedroom with two closets and a full bathroom, making it ideal for guests, a media room, a home office, or a private retreat for extended family. Outdoor living takes center stage in the private backyard, where a heated in-ground gunite pool creates a resort-style setting perfect for relaxing afternoons or weekend gatherings. The fenced yard provides added privacy while the removable pool safety gate offers peace of mind. Energy-efficient solar panels, already paid off, add long-term savings and sustainability. Location enhances the lifestyle even further. A public boat launch sits just a few blocks away, making spontaneous days on the water effortless. The nearby Fort Walton Yacht Club offers optional membership with dining, a private beach, event space, boat slips, a pool, and a vibrant calendar of activities just about a mile from the home. With no HOA and no rental restrictions, the property offers rare flexibility for homeowners and investors alike. The surrounding downtown area continues to evolve with redevelopment momentum and the highly anticipated Brooks Bridge project, expected to enhance connectivity and long-term property values. This is a modern coastal home positioned perfectly for enjoying the Emerald Coast lifestyle, whether as a primary residence, second home, or investment opportunity.
Full Property Details
Full Property Details for 131 SE Magnolia Ave
General
- Price: $850,000
- Taxes: $7,704 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 997617
- Updated: 4/15/2026
- Added to Site: 39 day(s) ago
Rental Information
- Complex Features: BBQ Pit/Grill, Beach, Boat Launch, Fishing, Picnic Area, Playground, Tennis, Waterfront
Interior
- Number of Rooms: 8
- Interior Features: Breakfast Bar, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Ceiling Vaulted, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup
- Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
- Furnishings: Furnished - None
- Flooring: Floor Tile, Floor WW Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Pool - Heated, Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Pool - Gunite Concrt, Sprinkler System
- Porch/Patio/Deck: Patio Open
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Oversized
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: OCEAN CITY
- Driving Directions: From East Hollywood turn south on Magnolia, home is on the left.
School Information
- Elementary School: Elliott Point
- Middle School: Meigs
- High School: Choctawhatchee
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Heat Pump A/A Two +, Central
- Heating/Cooling: Heat Pump A/A Two +, Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water
Structural Information
- Architectural Style: Traditional
- Construction: Brick, Roof Solar Energy, Siding CmntFbrHrdBrd, Trim Vinyl
- Exterior Const.: Brick, Roof Solar Energy, Siding CmntFbrHrdBrd, Trim Vinyl
- Stories/Levels: 2
- Square Feet: 2,863
- Sq. Ft. Source: County PA Records
- Year Built: 2018
Lot Features
- Lot Size (Acres): 0.74
- Lot Size (Sq. Ft.): 32,234.4
- Lot Dimensions: 50 x 160 x 50 x 160
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Interior, Within 1/2 Mile to Water
- Zoning: Resid Single Family
- Fencing (Description): Fenced Privacy
Financial Considerations
- Tax Amount: $7,704
- Tax Year: 2025
Disclosures and Reports
- Legal Description: OCEAN CITY LOT 56 AND W1/2 OF VAC ALLEY ADJ THEREOF ORD FILED O.R. BK 2944 PG 4345
- APN: 13-2S-24-1910-0000-054A
- Property ID: 13-2S-24-1910-0000-054A
Listed by Scenic Sotheby's International Realty
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Schools
Schools serving 131 SE Magnolia Ave
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Elliott Point Elementary School 301 Hughes Street Northeast, Fort Walton Beach, FL 32548 | PK-5 | 1 mi |
Clifford Meigs Middle School 150 Richbourg Avenue, Shalimar, FL 32579 | 6-8 | 3 mi |
Choctawhatchee Senior High School 110 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131 SE Magnolia Ave
Date
Details
Price
Change
Source
4/15/2026
Price Reduced
$850,000
-3.94%
MLS
3/11/2026
Listed
$884,900
22.06%
MLS
5/30/2023
Sold
$725,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 131 SE Magnolia Ave
131 SE Magnolia Avenue, Fort Walton Beach, FL 32548 (MLS# 997617) is a Single Family property with 4 bedrooms and 3 full bathrooms. 131 SE Magnolia Avenue is currently listed for $850,000 and was received on March 11, 2026. Want to learn more about 131 SE Magnolia Avenue? Do you have questions about finding other Single Family real estate for sale in Fort Walton Beach? You can browse all Fort Walton Beach real estate or contact a Coldwell Banker agent to request more information.
