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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.

Fort Walton Beach

410 Cobia Avenue

None Beds

None Baths

0.49 acres

$599,000

MLS#: 1003003

Looking for a rare end unit with pool views, extra space, and true beach living that feels like a home? This is the one. Gorgeous end-unit townhome backing directly to a heated pool and mini golf, plus paved golf cart parking, a truly hard-to-find combination in this highly desirable community. This extra-large glass-back end unit has been meticulously maintained and thoughtfully upgraded. Enjoy Florida living at its finest from the beautifully landscaped back patio, perfect for grilling fresh Gulf seafood while watching the kids splash in the heated pool just steps away. An additional pool (11 total) is only a short walk away, offering incredible views and convenience. Inside, the home features a bright main level with LVP flooring, a well-appointed kitchen with recently installed stainless steel appliances, and stylish finishes throughout. Upstairs, the spacious primary suite offers peaceful views of the green mini-golf area and pond creating the perfect retreat after a day at the beach. Unique highlights include: " Beautifully paved front patio " Two assigned parking spaces directly in front of the unit " Fully furnished & rental ready " Accent shiplap & solid wood stairs " LVP flooring throughout " Newer windows and sliding glass back door. Just a 5-minute walk to the beach, or hop on your golf cart and be there in no time. This turnkey townhome is move-in ready and ideal as a primary residence, vacation retreat, or income-producing short-term rental. VA & FHA approved with excellent projected GRI. Don't miss this incredible opportunity. schedule your showing today! LOW HOA fees include: 11 pools(5 heated), pickleball, shuffleboards, water-front restaurant & pool, mini golf, exercise room, tennis courts, playground, WIFI, pest control, termite bond, trash, ground keeping, property patrol, gated community and more.

Panama City Beach

157 Kimberly Drive

2 Beds

2 Baths

1,248 Sq.Ft.

$329,000

MLS#: 992783

This traditional home, perfectly situated near the Bluewater Bay Marina is move-in ready.
Featuring wood floors, 12 ft ceilings, security system, cordless window blinds, 3 bedrooms, 2 bathrooms, plus a flex room that can be used as an office or as a secondary living space, according to your lifestyle.

The living room showcases a fireplace, it is wired for surround sound and gives you direct access to the screened in back patio.
The kitchen is equipped with stainless steel appliances, a breakfast bar and plantation shutters.

Master bedroom ensuite encompasses a walk-in closet and a master bathroom that offers double sinks granite vanity, a custom tiled stand stand-alone shower and a garden tub.
Also featuring a fenced in backyard & 2 car garage. Pet restrictions apply.

Niceville

4204 Whitetail Circle

3 Beds

2 Baths

1,901 Sq.Ft.

$2,875

MLS#: 1003350

Perfectly located just a stone's throw from Northwest Florida State College and only minutes from military bases, schools, restaurants, shopping, beautiful beaches, and a nearby medical center, this charming 2-bedroom, 1-bath condominium offers both comfort and convenience in the heart of Niceville.

Inside, you'll find neutral paint tones and durable tile flooring throughout -- completely carpet-free for easy maintenance and a clean, modern feel. The functional kitchen features ample cabinet space and a dedicated dining area, while the spacious living room provides a comfortable setting for relaxing or entertaining.

Residents will enjoy added conveniences with water, garbage service, lawn care, and pool maintenance all included in the rent. On-site laundry facilities are also available for tenant use.

Cats may be considered with owner approval and a non-refundable pet fee. Smoking and vaping are not permitted. Photos shown are of a similar unit.

Niceville

201 E College Boulevard UNIT 21

2 Beds

1 Baths

812 Sq.Ft.

$1,350

MLS#: 1003346

Experience the ease of coastal living in this beautiful Florida beach home, ideally situated just a quick bike ride from the pristine white sands and emerald waters of the Gulf Coast.

Inside, you'll find an open concept layout that's perfect for entertaining, featuring quartz countertops, luxury vinyl flooring, a gas cooktop, and stainless steel appliances. Shiplap accents throughout give the home that clean, coastal feel.

The main home offers 3 bedrooms and 2.5 baths, plus a fully functional carriage house above the 2-car garage. Ideal for guests or additional rental potential.

Located behind the gates of Villages of Blue Mountain, this property works great as a primary residence, second home, or a solid vacation rental opportunity.

Santa Rosa Beach

35 Anne Avenue

4 Beds

3 Baths

2,006 Sq.Ft.

$1,175,000

MLS#: 998796

Cash sale only. Opportunity awaits in Holley by the Sea -- this 3-bedroom, 2-bath home offers 1,120 sq ft and is ready for a complete renovation. Features include an eat-in kitchen, great room, spacious bedrooms, a 2016 water heater, and a 2015 A/C compressor and thermostat. The primary bedroom includes a walk-in closet and private bath.

Enjoy access to Holley by the Sea Recreation Center amenities including a boat launch, swimming pools, lighted clay tennis courts, fitness center, locker rooms, steam room, sauna, picnic pavilions, playground, and clubhouse with views of the Intracoastal Waterway. Great potential for investors or buyers ready to transform this property.

Navarre

6817 Liberty Street

3 Beds

2 Baths

1,120 Sq.Ft.

$175,000

MLS#: 1003330

Santa Rosa Beach

Lot W7 Teal Court

None Beds

None Baths

0.35 acres

$765,000

MLS#: 1003318

Under Contract; Accepting Backup Offers.
On a $90K premium, west-facing, waterview lot, this Cabana Bay captures sunsets over a pond and preserve. With $180K in upgrades, it offers 3 bedrooms, 2.5 baths, custom office, extended enclosed lanai, vaulted beamed ceiling, gas fireplace, and coastal finishes. The kitchen has top-tier appliances, range hood, pull-out drawers and upgraded bamboo pantry shelves. Primary suite has a spa-inspired shower and upgraded cabinetry. Full home generator, epoxy garage, and landscape uplighting included. Latitude Margaritaville Watersound features resort-style pools, trails, Town Center, dining, daily live music and more - near NWFL Beaches International Airport, Pier Park, public beaches, planned FSU Health Hospital public marina w/slips/lifts/renta

Panama City Beach

8799 Coral Reef Way

3 Beds

2 Baths

2,394 Sq.Ft.

$799,000

MLS#: 983178

#1003341

Destin

775 Gulf Shore Drive 2014

1 Beds

1 Baths

629 Sq.Ft.

$289,000

MLS#: 1003341

Freeport

722 Mallet Bayou Road

3 Beds

2 Baths

1,266 Sq.Ft.

$875,000

MLS#: 1003312

Seller is offering a COMPLETE HOME WARRANTY! Beautifully updated and fully furnished 2BR + bunkroom/3BA condo at Shores of Panama. Unit 721 sleeps 8 and features two private en-suite bedrooms plus a separate bunk room with its own full bath. Rare same-level ASSIGNED PARKING means no elevator hassle! Gulf views from the living area and kitchen, tile flooring throughout, and turnkey coastal décor. A/C and water heater approx. 5 years old. Resort amenities include 500' Gulf frontage, lagoon pool, indoor pool, hot tubs, fitness center, bars, food service, and 24/7 security. Conveniently located near Pineapple Willy's, shopping, dining, and attractions. Great primary, second home, or rental investment opportunity!

Panama City Beach

9900 S Thomas Drive UNIT 721

2 Beds

3 Baths

1,184 Sq.Ft.

$454,600

MLS#: 1003336

Introducing the sought-after St. Celia floor plan by Key Lime Homes! This beautifully maintained 4BR/3BA two-story home offers a flexible split-bedroom layout ideal for families, guests, or multi-generational living. Two bedrooms and a full bath are upstairs, while downstairs features two additional bedrooms and baths, including a private guest or teen suite.

The spacious kitchen is designed for entertaining with a large center island, Silestone countertops, custom cabinetry, and 42'' upper cabinets with crown molding, plus gas or electric appliance options. Interior upgrades include cultured marble vanities, tubs, and showers, ceramic tile in wet areas, and wood flooring in the dining room, foyer, and oversized first-floor primary suite.

The primary suite measures approximately 23'7'' x 13'4'' and features a custom walk-in closet (13'4'' x 8'11''). Additional living space includes a large Florida Room (27'8'' x 11') and a converted attic office/flex space (approx. 19'3'' x 13') with heating, cooling, and secondary access for extra storage.

Major updates include a new roof (Nov. 2024), new A/C units (2022 & 2023), and expanded septic drain field (2019). A dramatic 20-foot entry ceiling adds to the open and inviting feel of the home. Offering space, flexibility, and quality upgrades throughout, this home is truly a must-see!

Crestview

2913 Murray Lane

4 Beds

3 Baths

3,278 Sq.Ft.

$614,999

MLS#: 1003297

Welcome to Calypso Tower III, Unit 1610, offering breathtaking views of the beautiful gulf waters on Florida's emerald coast and surrounding areas. This condo is an owner occupied/non-rental unit.
With the addition of a convertible sofa, this one-bedroom condo with hallway bunks will sleep six. The secondary bathroom ensures that your guests will feel welcomed and comfortable with its combination tub and shower, along with a generous vanity.
Calypso Tower III HOA provides a dedicated onsite team available to assist residents and guests with any concerns or maintenance needs. A gated garage offers covered parking spaces for added safety and convenience.
Six elevators ensure quick and efficient access to your unit. Other amenities include a state-of-the art fitness center, zero-entry... seasonably heated pool and hot tub. Cabana rentals provide a private and comfortable space to lounge by the pool or provide shade while still being able to enjoy the outdoor amenities. Truly enhancing your living experience, relax and unwind with a favorite tropical beverage at the seasonal tiki bar.
The Emerald Hub, located within the CT III building offers four businesses in one. Charlie's Café delights with freshly made donuts, specialty coffees and smoothies. The Emerald Kitchen serves breakfast, lunch and dinner. Happy Scoops ice cream and the Golden Seashell gift shop complete the convenient provisions. As a bonus, the Emerald Hub provides food delivery services directly to your condo! Investors can choose to self-manage, hire an outside management company or utilize onsite property management services offered by Panhandle Getaways.
Embrace the luxurious ease and comfort of visiting Calypso Tower III, the "Place to be in PCB!"

Panama City Beach

15928 Front Beach Road # 31610

1 Beds

2 Baths

1,103 Sq.Ft.

$425,000

MLS#: 1003308

#1003337

Milton

5409 Martingale Drive

3 Beds

2 Baths

1,443 Sq.Ft.

$289,900

MLS#: 1003337

Experience elevated coastal living in this exquisite Mediterranean-style residence located within the highly sought-after gated community of Calusa Bay in Destin. Perfectly positioned just moments from the area's famous sugar-white beaches and emerald Gulf waters, this luxurious 3-bedroom, 3.5-bath home offers the ideal blend of elegance, comfort, and convenience.

Beautifully designed with timeless finishes and thoughtful details throughout, the home welcomes you with soaring ceilings, crown molding, travertine flooring, and a spacious open-concept layout perfect for both relaxing and entertaining. The gourmet kitchen is a true centerpiece, featuring custom cabinetry, granite countertops, stainless steel appliances, and generous prep and storage space that seamlessly connects to the expansive living and dining areas.

Upstairs, the stunning primary suite serves as a private retreat complete with its own balcony overlooking the beautifully maintained community surroundings. The spa-inspired ensuite bathroom offers dual vanities, a spacious walk-in shower, and refined finishes throughout. The additional guest bedrooms are thoughtfully designed for privacy and comfort, including one bedroom with its own private ensuite bath, while the third bedroom enjoys access to a full guest bathroom.

Residents of Calusa Bay enjoy resort-style amenities including a sparkling community pool and beautifully landscaped grounds, creating a peaceful and upscale atmosphere just minutes from shopping, dining, entertainment, and Destin's world-renowned beaches.

Well-behaved pets may be considered with prior owner approval, a non-refundable pet fee, and monthly pet rent. Smoking and vaping are not permitted inside the home.

This exceptional property offers the perfect opportunity to enjoy the luxury and tranquility of the Emerald Coast lifestyle -- where every day feels like a vacation. Welcome home.

Destin

241 Inverrary Drive

3 Beds

3 Baths

1,980 Sq.Ft.

$2,650

MLS#: 1003354

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