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$1,250,000
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Property Description
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
Full Property Details
Full Property Details for 157 Monahan Dr
General
- Price: $1,250,000
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1002197
- Updated: 5/18/2026
- Added to Site: 21 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Guest Quarters, Kitchen Island, Washer/Dryer Hookup
- Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Laminate, Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Rain Gutter, Balcony, Boat Slip, Boatlift, Dock, Sprinkler System
- Porch/Patio/Deck: Patio Open
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: BELLA VISTA
- Driving Directions: From the corner of Yacht Club and Eglin, turn left onto Eglin Pkwy. In .6miles turn left onto Monahan Dr. 157 Monahan is on the left.
School Information
- Elementary School: Wright
- Middle School: Pryor
- High School: Choctawhatchee
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans
- Heating/Cooling: Ceiling Fans
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water
Structural Information
- Architectural Style: Southern
- Stories/Levels: 2
- Square Feet: 3,205
- Sq. Ft. Source: County PA Records
- Year Built: 1969
Additional Structures
- Other Structures: Guest Quarters
Lot Features
- Property View: Bayou
- Lot Dimensions: 85 x 195
- Frontage: County Road
- Street/Road Desc.: Paved
- Lot Features: Bulkhead/Seawall, Flood Insurance Req
- Zoning: Resid Multi-Family
- Fencing (Description): Fenced Lot-Part
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Bayou
Green Features
- Energy Efficient: Doors
Disclosures and Reports
- Legal Description: Bella Vista S/D Lot 23 Blk 3
- APN: 12-2S-24-0210-0003-0230
- Property ID: 12-2S-24-0210-0003-0230
Listed by LoKation
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Schools
Schools serving 157 Monahan Dr
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Wright Elementary School 305 Lang Road, Fort Walton Beach, FL 32547 | PK-5 | 1.3 mi |
W. C. Pryor Middle School 201 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 6-8 | 1.3 mi |
Choctawhatchee Senior High School 110 Racetrack Road Northwest, Fort Walton Beach, FL 32547 | 9-12 | 1.5 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 157 Monahan Dr
Date
Details
Price
Change
Source
5/06/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 157 Monahan Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,130
1%
$907,339
2%
2024
$10,975
32%
$893,704
11%
2023
$8,290
38%
$802,736
72%
2021
$5,991
-11%
$466,117
-18%
2022
$6,723
12%
$570,347
42%
2021
$5,991
52%
$402,225
19%
2019
$3,947
4%
$337,589
6%
2018
$3,786
36%
$319,346
30%
2017
$2,781
4%
$246,566
3%
2016
$2,675
—
$238,839
1%
2015
$2,684
3%
$236,075
3%
2013
$2,596
—
$228,966
—
Disclaimer: Historical tax 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 157 Monahan Dr
157 Monahan Drive, Fort Walton Beach, FL 32547 (MLS# 1002197) is a Single Family property with 7 bedrooms and 6 full bathrooms. 157 Monahan Drive is currently listed for $1,250,000 and was received on May 06, 2026. Want to learn more about 157 Monahan Drive? 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.

