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$2,150,000
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Property Description
Stunning Newly Renovated Waterfront Coastal Retreat, Just Moments from the Beach! Welcome to your slice of paradise, a beautifully reimagined 5-bed/4-full bath, single-family home spanning over 3200sf of sophisticated living space on a .32-acre lot with 100' waterfront in the highly desirable Okaloosa Island area. This 1971 built home has been completely transformed with high-end renovations throughout, blending timeless coastal charm with contemporary luxury. Step inside to discover an open-concept floor plan bathed in natural light, featuring brand-new large format porcelain tile flooring, fresh neutral paint, smooth modern ceilings and trim, and elegant recessed lighting that creates an inviting, airy atmosphere perfect for relaxed Florida living or entertaining. The gourmet kitchen is a chef's dream, boasting quartz countertops, matching solid quartz backsplash, stainless steel appliances, a large waterfall center island with breakfast bar seating, custom soft-close cabinetry, ideal for preparing meals while staying connected to family and guests in the adjoining living and dining areas. The Waterfront Dining Room is perfect for entertaining. This space boasts the ability to seat 30 guests at one time, with a custom-made natural wood dining table. The wet bar sits on one side of the room with antique glass backsplash, an icemaker, and large wine cooler, while the adjacent side has a custom banquet booth for additional seating. All 5 generous bedrooms offer ample space and comfort with access to the pool from every bedroom. The primary suite provides a peaceful retreat complete with a spa-like en-suite bathroom featuring modern fixtures, a walk-in shower, luxurious soaking tub, dual vanities, and plenty of storage. A newly built guest suite with its own private bathroom. Two bedrooms that share newly renovated jack and jill bathroom have been fully updated with contemporary tile work, new vanities, and high-efficiency fixtures. Additional highlights include: ·Brand-new roof, HVAC system, plumbing, and electrical updates for peace of mind. ·Brand new extra deep Double Car Garage for two large cars and more storage. ·Expansive living areas with flexible bonus spaces (perfect for a home office, media room, or guest suite potential). ·Large, fenced backyard with a pool, and outdoor teak dining and lounging areas for endless coastal entertaining. ·Ample parking and storage options. ·No HOA restrictions in this sought-after neighborhood. Location is everything here - you're just a short 3 min stroll (500 ft.) from the sugar-white sands and emerald waters of the Gulf of Mexico. Enjoy full Choctawhatchee Bay access with a deep-water dock with both boat & wave runner lifts. Just out the backdoor you will have access to the Florida Intercoastal Waterway, Crab Island and the Gulf of Mexico, for fishing, water sports, and the vibrant dining/shopping scene of Fort Walton Beach and Destin. This prime spot offers the best of Emerald Coast living; beach proximity without the high-rise condo fees! Whether you're seeking a primary residence, vacation getaway, or smart investment property in one of Florida's most coveted coastal markets, this turnkey renovated beauty is move-in ready and waiting for its new owners. Don't miss this rare opportunity - schedule your private showing today and start living the beach life you've always dreamed of!
Full Property Details
Full Property Details for 423 Caviar Dr
General
- Price: $2,150,000
- Taxes: $12,445 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 995651
- Updated: 2/20/2026
- Added to Site: 50 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Room, Kitchen, Living Room, Master Bedroom
- Interior Features: Breakfast Bar, Fireplace 2+, Floor Tile, Kitchen Island, Lighting Recessed, Wet Bar
- Appliances: Dishwasher, Microwave, Oven Double, Range Hood, Refrigerator, Stove/Oven Gas, Wine Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
- Dining Room: Dining Room
Additional Information
- Pool: Yes
Exterior
- Exterior Features: Boatlift, Dock, Fenced Back Yard, Patio Open, Pool - In-Ground
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage Attached, Oversized
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: Santa Rosa Island
- Driving Directions: From Highway 98 on Okaloosa Island, turn west onto Santa Rosa Boulevard. Right @ Caviar Dr.
School Information
- Elementary School: Edwins
- Middle School: Bruner
- High School: Fort Walton Beach
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric
Utilities
- Utility Description: Gas - Natural, Public Sewer, Public Water
Structural Information
- Architectural Style: Contemporary
- Construction: Brick, Roof Dimensional Shg, Siding Wood
- Stories/Levels: 1
- Square Feet: 3,208
- Sq. Ft. Source: County PA Records
- Year Built: 1971
Lot Features
- Property View: Intracoastal Waterwy, Sound
- Lot Size (Acres): 0.32
- Lot Dimensions: 94 x 170 x 94 x 170
- Street/Road Desc.: Paved Road
- Lot Features: Bulkhead/Seawall, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Water Features
- Water Front Type: Intracoastal Wtrwy, Sound
Financial Considerations
- Tax Amount: $12,445
- Tax Year: 2025
- Terms: Conventional, FHA, VA
Disclosures and Reports
- Legal Description: SANTA ROSA ISLAND LOT 150 BLK 4
- APN: 00-2S-24-2185-0004-0150
Listed by EXP Realty LLC
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Schools
Schools serving 423 Caviar Dr
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 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 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 423 Caviar Dr
Date
Details
Price
Change
Source
2/19/2026
Listed
$2,150,000
770.45%
MLS
12/09/2022
Sold
$247,000
—
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 423 Caviar Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,445
-5%
$948,831
-4%
2024
$13,062
17%
$987,253
18%
2023
$11,199
42%
$840,086
47%
2021
$7,912
-15%
$573,259
-27%
2022
$9,309
18%
$780,669
44%
2021
$7,912
16%
$540,581
8%
2019
$6,799
43%
$500,961
32%
2018
$4,752
-1%
$379,645
2%
2017
$4,784
4%
$371,836
2%
2016
$4,585
-2%
$364,188
1%
2015
$4,700
1%
$361,656
2%
2013
$4,667
—
$353,484
—
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 423 Caviar Dr
423 Caviar Drive, Fort Walton Beach, FL 32548 (MLS# 995651) is a Single Family property with 5 bedrooms and 4 full bathrooms. 423 Caviar Drive is currently listed for $2,150,000 and was received on February 19, 2026. Want to learn more about 423 Caviar 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.

