157 Monahan Drive, Fort Walton Beach, FL 32547

$1,199,000

Virtual Tour

https://my.matterport.com/show/?m=rK2ZSW3evy9&brand=0&mls=1&

Property Type: Residential Bedrooms: 7 Baths: 6 Square Footage: 3,205 Status: Active

Current Price: $1,199,000 List Date: 5/06/2026 Last Modified: 6/06/2026

Overview

Description

Rare 98 ft of waterfront property with a 2 story dock, boat lift w/ electric & water, and multiple private lockout suites. It's flexible layout offers multiple possibilities. Perfect for a full-time coastal retreat, secondary home, Airbnb or multi generational property. No HOA and short term rental is allowed. Currently operating as a thriving turnkey waterfront rental property with proven success at its start in 2024 and going strong to the present. Enjoy stunning views, beautiful sunsets, expansive outdoor living space, a large balcony, and direct water access. OTHER FEATURES: LIGHT & BRIGHT GREAT ROOM, GRANITE COUNTER TOPS, LARGE KITCHEN ISLAND, COMMERCIAL REFRIGERATOR, 2 LAUNDRY AREAS, GAME ROOM, 3 LOCK OUT SUITES W/ KITCHENETTES, AMPLE PARKING, WHOLE HOME GENERATOR, 2 STORAGE SHEDS, 2020 AC UNIT, FLOOD GATES, EFFECTIVE YEAR BUILT 2000 2024 GROSS $160, 902 2025 GROSS $145, 328

Listing Details MLS# 1002197

Contract Info

List Price/SqFt: 374.1
Listing Board: Emerald Coast

Location Tax and Legal

Area: 12 - Fort Walton Beach
Street #: 157
Street Name: Monahan
Street Suffix: Drive
State: FL
Zip Code: 32547
County: Okaloosa
Project Name/Subdivision: BELLA VISTA
Parcel ID: 12-2S-24-0210-0003-0230

General Property Info

Sub-Type: Detached Single Family
Design: Southern
Apx SqFt(Htd/Cooled): 3205
SqFt Source: County PA Records
Full Baths: 6
Total Bathrooms: 6
# Stories: 2
Year Built: 1969
Immediate Occupancy: Yes
Garage: No
Carport: No
Driveway Spaces: 6
Pool: No
Pool Type: None
userdefined76: 0

Waterfront

Waterfront Feet: 98
Bayou: Yes

Location, Tax and Legal

Sub Area: 1206 - Ocean City
Elementary School: Wright
Middle School: Pryor
High School: Choctawhatchee
Legal Description: Bella Vista S/D Lot 23 Blk 3

More Information

Listing Info, Tax & Legal

Homestead: No
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: No

Remarks & Misc

Remarks: Rare 98 ft of waterfront property with a 2 story dock, boat lift w/ electric & water, and multiple private lockout suites. It's flexible layout offers multiple possibilities. Perfect for a full-time coastal retreat, secondary home, Airbnb or multi generational property. No HOA and short term rental is allowed. Currently operating as a thriving turnkey waterfront rental property with proven success at its start in 2024 and going strong to the present. Enjoy stunning views, beautiful sunsets, expansive outdoor living space, a large balcony, and direct water access. OTHER FEATURES: LIGHT & BRIGHT GREAT ROOM, GRANITE COUNTER TOPS, LARGE KITCHEN ISLAND, COMMERCIAL REFRIGERATOR, 2 LAUNDRY AREAS, GAME ROOM, 3 LOCK OUT SUITES W/ KITCHENETTES, AMPLE PARKING, WHOLE HOME GENERATOR, 2 STORAGE SHEDS, 2020 AC UNIT, FLOOD GATES, EFFECTIVE YEAR BUILT 2000 2024 GROSS $160, 902 2025 GROSS $145, 328

Construction Status

Construction Complete: Yes

Waterview

Bayou: Yes

Lot/Parcel Access

County Road: Yes
Paved Road: Yes

Lot Features

Bulkhead/Seawall: Yes
Flood Insurance Req: Yes

Utilities

Electric: Yes
Public Sewer: Yes
Public Water: Yes

Zoning

Resid Multi-Family: Yes

Exterior

Balcony: Yes
Boat Slip: Yes
Boatlift: Yes
Dock: Yes
Fenced Lot-Part: Yes
Guest Quarters: Yes
Patio Open: Yes
Rain Gutter: Yes
Sprinkler System: Yes

Interior

Floor Laminate: Yes
Floor Tile: Yes
Furnished - All: Yes
Guest Quarters: Yes
Kitchen Island: Yes
Washer/Dryer Hookup: Yes

Financing

Conventional: Yes
FHA: Yes
VA: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Refrigerator W/IceMk: Yes
Security System: Yes
Smoke Detector: Yes
Stove/Oven Electric: Yes
Washer: Yes

Energy

AC - 2 or More: Yes
Ceiling Fans: Yes
Double Pane Windows: Yes
Insulated Doors: Yes
Water Heater - Elect: Yes

Mstr Bdrm/Mstr Bath

MBed First Floor: Yes
MBed Waterfront: Yes

Master Bedroom

First: Yes

Bedroom

First: Yes

Kitchen

First: Yes

Living Room

First: Yes

Full Bathroom

First: Yes

Rooms

Bedroom: Yes
Family Room: Yes
Full Bathroom: Yes
Kitchen: Yes
Living Room: Yes
Master Bathroom: Yes
Master Bedroom: Yes
Separate Apartment: Yes

Property Features

Construction Status: Construction Complete Lot Features: Bulkhead/Seawall; Flood Insurance Req Zoning: Resid Multi-Family Waterfront: Bayou Waterview: Bayou Exterior: Balcony; Boat Slip; Boatlift; Dock; Fenced Lot-Part; Guest Quarters; Patio Open; Rain Gutter; Sprinkler System Interior: Floor Laminate; Floor Tile; Furnished - All; Guest Quarters; Kitchen Island; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Refrigerator W/IceMk; Security System; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water Energy: AC - 2 or More; Ceiling Fans; Double Pane Windows; Insulated Doors; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Bedroom; Family Room; Full Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom; Separate Apartment Financing: Conventional; FHA; VA

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Separate Apartment	First	20.33 x 12	20.33	12.00
Separate Apartment	First	20.33 x 12	20.33	12.00
Separate Apartment	Second	24 x 14.42	24.00	14.42	has a brand new deck with great views
Family Room	First	17 x 10.83	17.00	10.83
Full Bathroom	First	9.75 x 6.5	9.75	6.50	bathroom off of living/kitchen
Bedroom	First	11.25 x 11.25	11.25	11.25
Bedroom	First	11.25 x 11.83	11.25	11.83
Master Bedroom	First	19.25 x 14.42	19.25	14.42
Master Bathroom	First	8.5 x 5.33	8.50	5.33
Full Bathroom	First	8.58 x 5.58	8.58	5.58	in bedroom 3
Bedroom	First	14 x 11.9	14.00	11.90	Bedroom 3
Living Room	First	24.67 x 16.5	24.67	16.50
Kitchen	First	24.67 x 11.5	24.67	11.50

Listing Office: LoKation

Last Updated: June - 06 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

157 Monahan Drive, Fort Walton Beach, FL 32547 (MLS# 1002197)