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$799,000
Property Description
Welcome to a place where life slows down, salt air fills your lungs, and every day feels like you slipped quietly into vacation mode. This 5-bedroom, 3-bath coastal retreat sits on a rare barrier island just three miles in length, where the sugar-white Gulf waters stretch along the southern shore and the calm Sound and Intracoastal Waterway shimmer to the north. In other words--you're surrounded by water, beauty, and the kind of scenery people travel thousands of miles to find. Here, mornings begin with the soft glow of sunrise dancing across the Sound and end with fiery Gulf sunsets that paint the sky in impossible colors. A quick stroll or golf-cart ride places your toes in the sand, while the quiet rhythm of island living replaces the rush of the mainland. Inside, the home.... offers five spacious bedrooms and three full baths, creating room for gathering, hosting, and making memories that feel a little bigger when they happen near the water. Whether it's weekend guests, family holidays, or simply spreading out after a long beach day, this home was designed to welcome everyone. But what truly sets this property apart isn't just the home itself; it's the rare lifestyle that comes with living on a narrow ribbon of land between two breathtaking bodies of water. Paddleboard the Sound in the morning. Walk the Gulf beach in the evening. Watch dolphins pass by as if they're part of the neighborhood. Because when you live on an island like this...you don't just own a home you claim a piece of the coast.
Full Property Details
Full Property Details for 535 Dolphin Ave
General
- Price: $799,000
- Taxes: $5,675 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 997888
- Updated: 4/13/2026
- Added to Site: 40 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Not Allowed, Beach
Interior
- Number of Rooms: 14
- Interior Features: Breakfast Bar, Lighting Recessed, Pantry, Washer/Dryer Hookup
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer, Water Heater - Elect
- Flooring: Floor Parquet, Floor Tile, Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Balcony, Fenced Back Yard
- Porch/Patio/Deck: Deck Covered, Deck Open, Patio Open, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: Oversized
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: SANTA ROSA ISLAND
- Driving Directions: Highway 98, East on Santa Rosa Blvd. North onto Dorado Ave, East onto Dolphin 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: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Architectural Style: Beach House
- Construction: Stucco, Trim Vinyl
- Exterior Const.: Stucco, Trim Vinyl
- Stories/Levels: 2
- Square Feet: 2,770
- Sq. Ft. Source: County PA Records
- Year Built: 1973
Lot Features
- Property View: Sound, Gulf
- Lot Size (Acres): 0.41
- Lot Size (Sq. Ft.): 17,859.6
- Lot Dimensions: 49 x 221 x 130 x 168
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Cul-De-Sac, Within 1/2 Mile to Water
- Zoning: Deed Restrictions, Resid Single Family
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $5,675.2
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SANTA ROSA ISLAND LOT 242 BLK 5
- APN: 00-2S-24-2185-0005-0242
- Property ID: 00-2S-24-2185-0005-0242
Listed by ERA American Real Estate
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Schools
Schools serving 535 Dolphin 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 | 1.9 mi |
Max Bruner Junior Middle School 322 Holmes Boulevard Northwest, Fort Walton Beach, FL 32548 | 6-8 | 1.8 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 1.7 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 535 Dolphin Ave
Date
Details
Price
Change
Source
3/13/2026
Listed
$799,000
—
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 535 Dolphin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,675
5%
$458,618
—
2024
$5,428
9%
$458,928
10%
2023
$4,976
25%
$417,223
40%
2021
$3,992
-13%
$297,171
-23%
2022
$4,598
15%
$385,448
40%
2021
$3,992
21%
$275,517
18%
2019
$3,289
7%
$234,061
10%
2018
$3,064
11%
$212,783
11%
2017
$2,757
6%
$192,078
4%
2016
$2,598
4%
$185,006
8%
2015
$2,492
6%
$171,897
6%
2014
$2,353
2%
$161,526
3%
2013
$2,316
—
$156,937
—
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 535 Dolphin Ave
535 Dolphin Avenue, Fort Walton Beach, FL 32548 (MLS# 997888) is a Single Family property with 5 bedrooms and 3 full bathrooms. 535 Dolphin Avenue is currently listed for $799,000 and was received on March 13, 2026. Want to learn more about 535 Dolphin 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.
