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$2,500,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,431 Sq. Ft.
  • Updated 17 hours ago
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Experience refined waterfront living in this beautifully crafted 4-bedroom, 3.5-bath, 3 car garage home built by premier local builder. Stunning wall of windows frames peaceful open water views, filling home with natural light & creating unforgettable backdrop for everyday waterfront retreat living & entertaining. Hardwood floors flow throughout home (no carpet), open concept, custom kitchen with distinctive brick accent wall, enormous island, coffee/beverage center, private butler's pantry complete with refrigerator, sink, dishwasher, & microwave, offering exceptional convenience for hosting & daily living. For those who love to entertain, the speakeasy-style wine tasting room creates a memorable gathering space with character and charm. The waterfront-facing primary suite is a true retreat, with serene views, a dream walk-in closet, spa-inspired bath featuring a large tiled walk-in shower & separate soaking tub. Additional bedrooms & baths provide comfortable space for family, guests, &/or a home office. Outdoors: the fully fenced, sodded & landscaped yard leads to a lovely deck & private dock designed for waterfront enjoyment, featuring an outdoor shower & paddle board storage for easy days on the water. Creamy white painted exterior brick, a durable metal roof, & high-end features throughout, this one-of-a-kind waterfront home offers the perfect blend of luxury, comfort, and coastal lifestyle. Come see for yourself! Buyer to verify all deemed important information.

Full Property Details for 124 Portugal Cove

General

  • Price: $2,500,000
  • Taxes: $16,697 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1009705
  • Updated: 8/12/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 8
  • Interior Features: Ceiling Crwn Molding, Ceiling Raised, Kitchen Island, Lighting Recessed, Pantry, Pull Down Stairs, Split Bedroom, Washer/Dryer Hookup, Wet Bar
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Freezer, Ice Machine, Microwave, Oven Double, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Dual Fuel, Wine Refrigerator, Water Heater - Tnkls
  • Flooring: Floor Hardwood, Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Rain Gutter, Dock, Fenced Back Yard, Shower
  • Porch/Patio/Deck: Deck Covered, Deck Open, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3

Location

  • Area: 13 - Niceville
  • County: Okaloosa
  • Subdivision: Portugal Cove
  • Driving Directions: Take John Sims Pkwy into Valparaiso going toward Eglin AFB. Turn left at Lewis Elem/Middle School onto Mississippi. Turn right onto Grandview, then right onto Jasmine. Portugal Cove will be on your left- home is located in back right corner.

School Information

  • Elementary School: Lewis
  • Middle School: Lewis
  • High School: Niceville

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans
  • Heating/Cooling: Ceiling Fans

Utilities

  • Sewer: Public Sewer
  • Utility Description: Gas - Natural, Public Water

Structural Information

  • Architectural Style: Craftsman Style
  • Construction: Brick, Frame
  • Exterior Const.: Brick, Frame
  • Stories/Levels: 1
  • Square Feet: 3,431
  • Sq. Ft. Source: Building Plan
  • Year Built: 2020

Lot Features

  • Property View: Bayou
  • Lot Size (Acres): 0.78
  • Lot Size (Sq. Ft.): 33,976.8
  • Lot Dimensions: 231 x 140 x 295 x 60 x 145
  • Street/Road Desc.: Paved
  • Lot Features: Covenants, Within 1/2 Mile to Water
  • Zoning: Resid Single Family

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Bay, Bayou

Financial Considerations

  • Tax Amount: $16,697.88
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: Com E Cor Lot 8 Portugal Cv S E 231Ft More Or Less To W/L Nly Alg W/L 150Ft More Or Less N 295Ft More Or Less To E R/W Portugal Cv Sly Alg R/W 57.79 Ft S 65 Deg E 147.66Ft To Pob
  • APN: 19-1S-22-0000-0001-0130
  • Property ID: 19-1S-22-0000-0001-0130

Listed by Eagle Bay Real Estate

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Listing agents

— 124 Portugal Cove —

  • Eagle Bay Real Estate

  • Eagle Bay Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 124 Portugal Cove

School District:Okaloosa County School District
NameGradesDistance
Addie R. Lewis School
281 Mississippi Avenue, Valparaiso, FL 32580
K-40.6 mi
Niceville Senior High School
800 John Sims Parkway, Niceville, FL 32578
9-122.3 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 124 Portugal Cove Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/12/2026
Listed
$2,500,000
525%
MLS
10/07/2019
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
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 for 124 Portugal Cove

Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,394
3%
$1,210,439
3%
2024
$16,896
7%
$1,176,326
3%
2023
$15,814
23%
$1,142,064
32%
2021
$12,831
-17%
$865,341
-22%
2022
$15,450
20%
$1,108,800
228%
2021
$12,831
415%
$338,400
1327%
2019
$2,492
657%
$23,709
10%
2018
$329
—
$21,554
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Eagle Bay Real Estate

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124 Portugal Cove, Valparaiso, FL 32580 (MLS# 1009705) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 124 Portugal Cove is currently listed for $2,500,000 and was received on August 12, 2026. Want to learn more about 124 Portugal Cove? Do you have questions about finding other Single Family real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

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