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Okaloosa Island & Fort Walton Homes

Whether you're a permanent resident, or a seasonal visitor it won't take long to settle into the "island life" here on Okaloosa Island. This small barrier island just off the coast of Fort Walton Beach and Destin features some of the most pristine beaches and natural attractions along the Emerald Coast. Surrounded by Santa Rosa Sound, Choctawatchee Bay and the Gulf of Mexico, most houses offer at least a "Gulf glimpse", if not a full waterfront view. For many homes, it's only a matter of crossing the street to have both beach and bay access. The waterfront properties have docks, and sometimes covered boat slips and lifts.

Browse available single family home listings on Okaloosa Island below. Read more about the Okaloosa Island Pier and the great amenities in the Fort Walton Beach community.

Okaloosa Island Fix & Flip Okaloosa Island Pier Okaloosa Island Sold Listings Destin Homes for Sale

Okaloosa Island Homes for Sale

All Listings $700,000 - $800,000 $800,000 - $900,000
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819 Tarpon Dr, FORT WALTON BEACH, FL - $750,000

Detached Single Family
  • 3 Beds
  • 2 Baths
  • 1,993 SQFT
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Water Front!!nice Upscale Water Front Home For Sale. Water View From The All Rooms, Pool Side, Outdoor Seating, Covered Boat Dock And Seating Area. Ten Foot Ceilings, Travertine Flooring, Well Kept Appliances, Lots Of Cabinets, Counters, 2 Bat...

Photo of Listing #822781

614 Pelican Dr, FORT WALTON BEACH, FL - $759,900

Detached Single Family
  • 4 Beds
  • 3 Baths
  • 2,524 SQFT
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Love Living The Island Life! This Home Is On The Inter Coastal Waterway! Only A Short Walk To The Gulf And Pristine Beaches Of Okaloosa Island. Boat Slip And Dock With Lift For Your Boat Rated For 10,000 Lbs. Yard Has A Sprinkler System To Keep...

738 Starfish Ave, FORT WALTON BEACH, FL - $890,000

Detached Single Family
  • 8 Beds
  • 6 Baths
  • 6,432 SQFT
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As You Walk Into This Contemporary Home, You Will Find An Elegant 20'foyer With The Ceiling Decorated As If You Were Looking At The Sky! You Will Notice The Elaborate Hardwood Staircase And Beautiful Chandeliers. The Enormous Kitchen Is A Gourme...

Fix & Flip Your Okaloosa Island Home

Most of the neighborhoods in Okaloosa Island are well established and date back to the 70s. In many cases this means larger than average lot sizes, often including swimming pool and ample parking for an RV. Some of the homes on Okaloosa Island have been completely renovated, while others are waiting for your customizations. For those looking for a fix and flip opportunity, the Okaloosa Island market occasionally features older smaller houses that might be picked up for a good price, and because of the prime island location, after being renovated could potentially make a good return as a resale or rental property.

If you're looking for a more low maintenance option, some of the townhouses, such as Clipper Cove offer boat slips as well. There are several options for more traditional condos in Okaloosa Island, but you won't find one over 7 stories high due to the community height restriction.

Okaloosa Island Market Stats

  # Listings Avg. DOM Avg. Price Avg. Price/SqFt Median Price Median Price/SqFt Avg. % Reduced Highest
Active 3 428 $799,967 $272 $890,000 $138 5% $890,000
Sold (Last Year) 32 183 $365,671 $208 $440,000 $224 10% $680,534

Biggest Sales by Month

Jun. 2020 - 777 Sundial Court Unit 5, Fort Walton Beach, FL - $670,000

Photo of Listing #836642
Attached Single Unit
  • 3 Beds
  • 4 Baths
  • 2,028 SQFT
View details

Rare Opportunity To Have Your Own Piece Of Beach Front Serenity Without Hoa Fees! This Is A 3 Bedroom, 3.5 Bath, 2028 Sqft Townhome Located Directly On Pristine Gulf Property. Equal Appeal As A Turn-key Vacation Rental Or As Your Own Private Bea...

Okaloosa Island Amenities

Okaloosa Island pier

Recreation & Parks

Okaloosa Island real estate is situated on a barrier island that has a large part devoted to wilderness preservation and the white "sugar" sand beaches that are the Destin area's hallmark. These properties make an ideal choice if you like the outdoor life - wildlife watching, beach sports, boating, cycling, running and walking.

Okaloosa is also the home of the Gulfarium, one of the oldest marine parks in the U.S., featuring dolphins and other aquatic wildlife.The Emerald Coast Conference Center is a recent addition to the Island that has increased the popularity of local residences and businesses.

Okaloosa Island Pier

A major focal point of this Fort Walton barrier island is the Okaloosa Island Pier. Extending 1262 feet, this almost 1/4 mile walkway serves as a popular gathering place for locals and visitors alike. In fact, some people claim their visit to the pier was a highlight of their time spent in Destin.

For just $7.50/person you can indulge in 24 hours of fishing with no license required. Some of the largest fish caught in the area have come from the pier; including tarpon weighing over 100 pounds, 42 pound King Mackerel, plus whiting, bluefish, redfish, bonito, and jack cravelle to name just a few.

Open 24/7 from May-Nov. Winter hours come into effect from mid November through mid March when hours are reduced from 5AM-9PM. Bait is available for purchase, and rods to rent, so don't worry if you didn't come prepared for an afternoon of fishing.

If angling isn't your cup of tea, not to worry, just grab an ice-cream and walk the pier for only $2.00. This is a prime spot to watch for dolphins, sea turtles and other marine life, not to mention some of the creatures accidentally caught or attracted by the fishermen. Besides, the area is full of wonderful restaurants specializing in fresh seafood, so even if you don't catch anything, you'll never go without. Since your pier access allows you to come and go, make sure you return in the evening to take in the sunset. Floyd's restaurant/bar/club is next door, so you've got free music to entertain you all evening.

Shopping & Dining

Shopping and dining are never far away. The largest boardwalk in the Destin area stands on Okaloosa, with a variety of shops and restaurants along its length. With Destin and Fort Walton only a few minutes away via connecting bridges, dining and shopping are never in short supply. The Santa Rosa Beach Mall and Uptown Station Shopping Mall in Fort Walton Beach and the Silver Sands Factory, 20 minutes east of Destin provide all manner of shopping opportunities and a range of dining.

Contact Tim Shepard, or call (850) 325-0004 to get the latest information on Okaloosa Island real estate for sale.

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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2020, All rights reserved.

Listing information last updated on July 8th, 2020 at 8:30am CDT.