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$470,000
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Property Description
Welcome to your coastal retreat on beautiful Okaloosa Island. Ideally located just 150 yards from the sugar-white sands and emerald waters of the Gulf, this beautifully renovated beachside home offers the perfect blend of coastal living, modern comfort, and investment potential. Enjoy easy access to Downtown Fort Walton Beach, Destin, waterfront dining, shopping, entertainment, boating, and some of the Emerald Coast's most sought-after beaches. Inside, you'll find a bright and inviting open-concept floor plan designed for effortless living and entertaining. Thoughtfully updated throughout, the home features oversized tile flooring, recessed lighting, custom plantation shutters, quartzite and luxury stylish finishes that create a fresh, relaxed atmosphere. The updated kitchen serves as the heart of the home, showcasing stainless steel appliances, sleek cabinetry, a classic subway tile backsplash, and an oversized island perfect for gathering with family and friends after a day at the beach. Spacious living areas provide plenty of room to relax and entertain, while the well-appointed bedrooms offer comfortable retreats filled with natural light. Every detail has been carefully considered to create a move-in-ready coastal escape. Step outside and embrace the island lifestyle. Spend your days walking to the beach, paddleboarding, fishing, boating, dining at local seafood restaurants, or simply enjoying breathtaking Gulf Coast sunsets. The generous lot provides abundant space for outdoor entertaining, future landscaping enhancements, additional parking, or boat and RV storage. With two bedrooms and exceptional versatility, this property is ideal as a primary residence, second home, or income-producing long-term rental. Its prime location near the beach, combined with extensive renovations and flexible outdoor space, creates lasting value and broad appeal. Opportunities to own this close to the beach are increasingly rare. Experience the charm, convenience, and relaxed coastal lifestyle that make Okaloosa Island one of Northwest Florida's most desirable destinations. Please note: Short-term rentals are not permitted.
Full Property Details
Full Property Details for 407 Cobia Ave
General
- Price: $470,000
- Taxes: $3,103 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1003692
- Updated: 6/6/2026
- Added to Site: 8 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Kitchen Island, Lighting Recessed, Newly Painted, Washer/Dryer Hookup, Woodwork Painted
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Stove/Oven Gas, Washer
- Furnishings: Furnished - Some
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: Okaloosa Island
- Driving Directions: From Fort Walton Beach- Drive over Brooks Bridge, turn right on Santa Rosa Blvd. turn right on Caviar, and turn right onto Cobia Ave.
School Information
- Elementary School: Elliott Point
- Middle School: Bruner
- High School: Fort Walton Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating/Cooling: Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric
Structural Information
- Architectural Style: Florida Cottage
- Stories/Levels: 1
- Square Feet: 980
- Sq. Ft. Source: County PA Records
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,196.8
- Lot Dimensions: 75 x 150
- Frontage: City Street
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $3,103.37
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SANTA ROSA ISLAND LOT 134 BLK 4
- APN: 00-2S-24-2185-0004-0134
- Property ID: 00-2S-24-2185-0004-0134
Listed by Compass
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Schools
Schools serving 407 Cobia 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 | 1.7 mi |
Max Bruner Junior Middle School 322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548 | 6-8 | 2.1 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 2.2 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 407 Cobia Ave
Date
Details
Price
Change
Source
5/22/2026
Listed
$470,000
80.08%
MLS
9/25/2023
Sold
$261,000
—
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.
Tax History
Tax History for 407 Cobia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,103
6%
$236,600
7%
2024
$2,914
-7%
$220,259
-7%
2023
$3,147
7%
$236,116
8%
2022
$2,945
27%
$219,206
30%
2021
$2,325
—
$168,448
4%
2021
$2,325
28%
$162,264
21%
2019
$1,821
7%
$134,188
10%
2018
$1,709
-1%
$122,470
2%
2017
$1,724
6%
$120,137
4%
2016
$1,624
3%
$115,644
7%
2015
$1,574
8%
$108,577
10%
2013
$1,454
—
$98,535
—
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 407 Cobia Ave
407 Cobia Avenue, Fort Walton Beach, FL 32548 (MLS# 1003692) is a Single Family property with 2 bedrooms and 1 full bathroom. 407 Cobia Avenue is currently listed for $470,000 and was received on June 04, 2026. Want to learn more about 407 Cobia 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.

