Never-Before-Offered Coastal Gem | Prime Okaloosa Island Location.For the very first time, this one-of-a-kind coastal home is hitting the market--offering a rare opportunity to own directly across the street from the breathtaking Gulf of Mexico. Perfectly positioned on Okaloosa Island, this spacious 5-bedroom, 3.5-bath residence spans 2,392 square feet and is bursting with potential.Solidly built with incredible bones, this home features a desirable split floor plan, offering both functionality and privacy. One of the standout highlights is the separate mother-in-law suite--complete with its own bedroom and full bath--ideal for guests or extended family. Inside, the home invites your vision. While it could benefit from modern updates, the layout and structure provide the perfect canvas to create your dream beachside retreat. Generous living areas, ample natural light, bedrooms with sitting rooms, natural beamed ceilings, and a location that's truly second to none make this a standout investment.
Yards from sugar-white sands and emerald waters, this property combines location, size, and opportunity in one unbeatable package. Don't miss the chance to own a legacy home in one of the most sought-after stretches of the Gulf Coast.
Opportunities like this are once in a lifetimeschedule your showing today!
Sold for $435,000 on 07/17/25
$435,000
502 Dory Ave, Fort Walton Beach, FL 32548
5beds
2,392sqft
Single Family Residence
Built in 1969
0.25 Acres Lot
$435,000 Zestimate®
$182/sqft
$3,746 Estimated rent
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What's special
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 06:14am
Listed by:
Nikki Segraves Wood 850-420-0955,
ERA American Real Estate
Bought with:
Becky Nicholson, SL3273563
COLDWELL BANKER REALTY
Source: ECAOR,MLS#: 978229
Originating MLS: Emerald Coast

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: MBed First Floor
- Level: First
Bedroom
- Level: First
Primary bathroom
- Features: MBath Shower Only, MBath Tile
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Electric, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Bookcases, Beamed Ceilings, Guest Quarters, Split Bedroom, Walls Paneled, Bedroom, Dining Area, Kitchen, Living Room, Master Bathroom, Master Bedroom, Separate Apartment
- Flooring: Terrazzo
- Windows: Hurricane Shutters
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,392
- Total interior livable area: 2,392 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport
- Carport spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Handicap Provisions
Features
- Stories: 1
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 0.25 Acres
- Dimensions: 90 x 120
- Features: Flood Insurance Req, Interior Lot, Level, Restrictions, Within 1/2 Mile to Water
Details
- Parcel number: 002S24218500050211
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Frame, Stucco, Trim Aluminum
- Foundation: Slab
- Roof: Roof Dimensional Shg
Condition
- Construction Complete
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Fort Walton Beach
- Subdivision: Santa Rosa Island
Other
Other facts
- Listing terms: Conventional
- Road surface type: Paved
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$435,000
2% more+ $8,700
With Zillow Showcase(estimated)
$443,700