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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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410 Cobia Ave , Fort Walton Beach, FL 32548
$525,000
Est. Payment: $2,662.70/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 85
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

FEES have been paid to split this lot. Rare opportunity to own a newly replatted oversized homesite on Okaloosa Island offering exceptional flexibility and development potential. This expansive property can now be developed as two separate buildable parcels for individual homes, investment opportunities, or family compounds -- or combined to create one extraordinary estate-sized retreat just steps from the Gulf. Imagine designing a private coastal compound with room for a luxury residence, resort-style pool, guest house, pickleball and tennis courts, chipping and putting green, outdoor entertaining spaces, and expansive gathering areas ideal for large family retreats, corporate getaways, or legacy ownership. Depending on your vision and design, upper levels may capture views of both the Gulf of Mexico and the Santa Rosa Sound. The property is level, cleared, and ready for development, located on the north side of Santa Rosa Boulevard adjacent to the county's newly installed kayak launch. Enjoy easy access to the sugar-white sand beaches and emerald waters of the Gulf, along with nearby dining, entertainment, boating, and shopping that make island living so desirable. Whether you're envisioning two coastal homes, a luxury vacation compound, or a one-of-a-kind estate property, opportunities of this size and flexibility on Okaloosa Island are increasingly rare.

Highlights

Listed by Caroline on the Coast , 850-376-7625 Berkshire Hathaway HomeServices , 850-502-5995. Emerald Coast Multiple Listing Services

Property Type

Vacant Land

Lot/Acreage
0.49

County

Okaloosa

Area

12 - Fort Walton Beach

Neighborhood

Okaloosa Island Resd (242203.00)

Listing ID

1003003

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Cleared,Cul-De-Sac,Within 1/2 Mile to Water,Will Divide
Lot Dimensions:151 x 85
Zoning:Resid Single Family
Principal Interest
$2,663
Taxes
$324

Home Price

$525,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$105,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,662.70

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,662.70 $323.56 $0.00 $2,986.26
Yearly $31,952.41 $3,882.76 $0.00 $35,835.17
Total $958,572.34 $116,482.80 $0.00 $1,075,055.14

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Fort Walton Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T07:16:22.000Z

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