Price Reduction - Waterfront
Address
553 Cove Drive, Fort Walton Beach, FL
Price
$ 1,500,000
Property Attributes
- MLS#1010610
- TypeSingle Family
- Listing Status Active
- CountyOkaloosa
- CityFort Walton Beach
- AreaFort Walton Beach
- NeighborhoodBELLA VISTA
- Zip32547
- StyleTraditional
- Year Built2005
- Taxes$ 10374
- Price$ 1,500,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage2577
- Lot Size0.62 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
The Waterfront Life- Fort Walton Beach presents an exceptional 4-bedroom, 4.5-bath estate, privately positioned on nearly ¾ of an acre at the end of a quiet dead-end street. From the moment you arrive, the grand circular drive and expansive covered front porch set the tone for this remarkable property. Inside, a sophisticated open-concept, split-bedroom design is framed by breathtaking bayou views, with the primary suite and main living spaces thoughtfully positioned to capture the water and spectacular sunsets. The gourmet kitchen was beautifully remodeled in 2024 and features a generous breakfast bar designed for effortless entertaining, complemented by a spacious eat-in area. The luxurious primary bath has also been recently updated, creating a serene private retreat. Outside, an extraordinary waterfront lifestyle awaits. The resort-style saltwater pool is surrounded by an expansive paver deck and complemented by an outdoor cabana and pool house featuring a private gathering room and full bath--perfect for entertaining well into the evening. Boating enthusiasts will appreciate the impressive private dock, designed to accommodate up to three boats and a jet ski, complete with both a boat lift and jet ski lift, as well as a private boat launch and beach. A screened porch extends the entire length of the home, creating an exceptional outdoor living space where you can relax, entertain, and take in panoramic bayou views and stunning sunsets. Additional amenities include an oversized garage with dedicated HVAC, a full bath, and an indoor workshop, offering an exceptional combination of functionality and luxury. Every detail of this waterfront retreat has been designed to embrace the beauty of its setting while providing an unparalleled lifestyle of privacy, comfort, and effortless entertaining. This is more than a home--it is a private waterfront sanctuary where resort-style amenities, exceptional craftsmanship, and breathtaking natural beauty come together. New seawall 2025
| Elementary School | Middle School | High School |
|---|---|---|
| Shalimar Elementary School | Pryor Middle School | Choctawhatchee High School |
| Price History | |
|---|---|
| 8/26/2026 | Listed $1,650,000 |
| 9/8/2026 | 3$1,599,000 |
| 9/19/2026 | 6$1,500,000 |
General Features
| Utilities | Electric,Gas - Natural,Phone,Public Water,TV Cable |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Okaloosa |
| Property Type | Residential |
| Subdivision Name | BELLA VISTA |
| Status | Active |
| Buyer Financing | Conventional,FHA,VA |
| Directions | Heading North on Eglin Pkwy from HWY 98 take a left on Monahan and another left on Cove Dr. House sits on the Right. |
| High School | Choctawhatchee |
| City | Fort Walton Beach |
| MLS Area | 12 - Fort Walton Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 27007.2 |
| Elementary School | Shalimar |
| Middle/Junior High School | Pryor |
| MLS Area Minor | 1206 - Ocean City |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Bayou |
| Waterfront Features | Bayou |
| Heating | Central |
| Cooling | Ceiling Fans,Central Air |
| Garage Spaces | 2 |
| Patio/Porch Features | Deck Open,Patio Open,Porch Screened |
| Architectural Style | Traditional |
| Construction Materials | Brick,Roof Pitched,Trim Vinyl |
| Year Built | 2005 |
| Stories Count | 1 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 10 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Pool Features | Pool - In-Ground,Pool Type |
| Other Structures | Cabana,Workshop |
Interior Features
| Total Baths | 5 |
|---|---|
| Interior Amenities | Breakfast Bar,Ceiling Cathedral,Fireplace,Kitchen Island,Lighting Recessed,Pantry,Split Bedroom,Walls Wainscoting,Washer/Dryer Hookup,Woodwork Painted |
| Flooring | Floor Hardwood,Floor Tile |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Window Treatment All,Double Pane Windows,Storm Windows |
Exterior Features
| Lot Features | Bulkhead/Seawall,Curb & Gutter,Dead End,Interior |
|---|---|
| Lot Size Area | 0.62 |
| Lot Dimensions | 104x289x100x244 |
| Lot Size Acres | 0.62 |
| Road Frontage Type | City Street |
| Waterfront Y/N | true |
| Exterior Amenities | Rain Gutter,Boatlift,Dock,Fenced Back Yard,Hurricane Shutters,Lawn Pump,Pool - Gunite Concrt,Sprinkler System |
| Building Area Total | 2577 |
| Parking Features | Garage,Boat,Oversized |
| Total Parking | 11 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32547
Price
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively 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.
