Okaloosa Island - a Dream Destination for Waterfront Property

Okaloosa Island beachfront condos

Looking for a waterfront condo on the Gulf Coast? You need to add Okaloosa Island to the top of your list.

Okaloosa Island is a bit of a hidden gem when it comes to real estate. The community borders both the Intercoastal Waterway and the Gulf of Mexico, offering a huge selection of waterfront options at surprisingly affordable price points.

Okaloosa Island Condo Stats - 2018 - 2019

Condo sales in Okaloosa Island continue to do well in 2019. The number sold is down slightly, but we have more New and Active listings and the Average Sale Price is up by 2%.  Real estate in Okaloosa Island offers great value for the money. The average price of a condo overlooking the Intercoastal Waterway or the Gulf of Mexico is just over $353,000. That's about 45% less than the average selling price for a waterfront condo in Destin.

Okaloosa Island condo stats

Okaloosa Island Single-Family Home Stats - 2018 - 2019

Single-family home sales in Okaloosa Island have more than doubled with 36% more Active Listings and 15% more New Listings. We're seeing a lot of interest in homes in Santa Rosa Island which is directly on the Intercoastal Waterway. A boater's dream, many of the houses have private boat slips and residents spend more time in their boats than their cars.

Okaloosa Island single family home stats 2018-2019

Featured Okaloosa Island Waterfront Condos by Price

These are some of the hottest selling waterfront condos on Okaloosa Island, sorted by price. We've also indicated whether they face the beach or the bay. If you're a boater, many of the bayfront condos have an option to include a boat slip.

Search all Okaloosa Island condos for sale

Condo Community

Average Price



Under $900K

Bella Riva $878,333 Gulf
Azure $615,727 Gulf

Under $500K

Surf Dweller $487,500 Gulf
Soundside Lofts $472,477 Bay
Sea Dunes $460,000 Gulf
Waterscape $459,460 Gulf
Summer Place $456,875 Gulf
Breakers of Fort Walton Beach $454,375 Gulf
Gulf Dunes $436,714 Gulf
Waters Edge $401,250 Gulf

Under $400K

Island Princess $399,500 Gulf
Santa Rosa Island $375,914 Gulf
Emerald Towers $375,333 Gulf
Destin West $344,667 Bay/Gulf
Sea Oats $338,333 Gulf
Palm Court Yacht Club $333,000 Bay
Pelican Isle $329,771 Gulf
Island Echo $318,744 Gulf
Emerald Isle $312,944 Gulf
Nautilus $301,714 Gulf

Under $300K

Islander Beach Resort $271,990 Gulf
El Matador $262,468 Gulf
Seacrest Condominiums $246,833 Gulf
Clipper Cove $225,840 Bay
Commodores Landing $217,833 Bay
Seaspray $211,300 Gulf
Hermitage $195,000 Bay
Venus $149,000 Gulf
Tropical Isle $131,133 Gulf
Sandy Pointe $124,375 Bay/Gulf

Posted by Tim Shepard - Broker on


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