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$775,000
Property Description
Unit 505 at Surf Dweller on Okaloosa Island has, by far, one of the most impressive views (both inside and out) on the island. This being their primary residence the owners made sure, during the 2015 complete remodel, this unit had top of the line finishes and upgrades. From the gorgeous custom wood cabinetry with pull-outs, the granite countertops in the kitchen, gorgeous tile flooring and the bathroom updates - nothing was left untouched. They also made sure to include tons of storage, more closet space and included conveniences not customarily found in a condo unit. All of these great upgrades mean the unit would, of course, be a wonderful primary or second home but will also make an amazing rental and could easily entice renters to return for their next vacation! The over-sized balcony is where you will spend most of your time! Unit 505's beautiful gulf views and sunsets are envy-worthy and not to be missed. Of note: HVAC was replaced in 2023, water heater 2016. All required inspections have been completed - assessment from 2025 has been paid in full. Surf Dweller offers a heated pool, separate kiddie pool, pickleball courts, an exercise room as well as a grilling area.
Full Property Details
Full Property Details for 554 Coral Ct #505
General
- Price: $775,000
- Taxes: $6,558 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 997342
- Updated: 4/13/2026
- Added to Site: 37 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Pool, Tennis, Waterfront
Interior
- Number of Rooms: 5
- Interior Features: Lighting Recessed, Pantry, Washer/Dryer Hookup
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Water Heater - Elect
- Furnishings: Furnished - Some
- Flooring: Floor Tile, Floor WW Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
- Security/Safety: Fire Alarm/Sprinkler
Exterior
- Exterior Features: Balcony
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Subdivision: SURF DWELLER CONDO
- Driving Directions: Okaloosa Island - Surf Dweller is approximately 1 mile on left.
School Information
- Elementary School: Edwins
- Middle School: Bruner
- High School: Fort Walton Beach
Community
- Association: Yes
- Assoc. Fees Include: Ground Keeping, Insurance, Management, Other Utilities, Recreational Faclty, Sewer, Water, Cable TV, Trash
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
- Construction: Concrete, Block, Stucco
- Exterior Const.: Concrete, Block, Stucco
- Stories/Levels: 7
- Square Feet: 1,453
- Sq. Ft. Source: County PA Records
- Year Built: 1982
Lot Features
- Property View: Gulf
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Unit Waterfront, Gulf
Financial Considerations
- Assessment Amount: $3,338
- Tax Amount: $6,558.25
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SURF DWELLER UNIT 505
- APN: 00-2S-24-3099-0000-0505
- Property ID: 00-2S-24-3099-0000-0505
Listed by NextHome Cornerstone Realty
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Schools
Schools serving 554 Coral Ct #505
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 | 1.9 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 1.9 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 554 Coral Ct #505
Date
Details
Price
Change
Source
3/08/2026
Listed
$775,000
112.33%
MLS
11/14/2003
Sold
$365,000
—
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 554 Coral Ct #505
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,558
—
$500,000
-8%
2024
$6,537
4%
$545,000
—
2023
$6,263
32%
$545,000
58%
2021
$4,762
-13%
$345,000
-22%
2022
$5,464
15%
$445,000
31%
2021
$4,762
17%
$340,000
13%
2019
$4,072
1%
$300,000
3%
2018
$4,047
1%
$290,000
4%
2017
$4,019
11%
$280,000
8%
2016
$3,637
2%
$259,000
5%
2015
$3,581
3%
$247,000
3%
2014
$3,487
9%
$240,000
11%
2013
$3,202
—
$217,000
—
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 554 Coral Ct #505
554 Coral Court #505, Fort Walton Beach, FL 32548 (MLS# 997342) is a Condo property with 2 bedrooms and 2 full bathrooms. 554 Coral Court #505 is currently listed for $775,000 and was received on March 08, 2026. Want to learn more about 554 Coral Court #505? Do you have questions about finding other Condo 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.
