Just Sold 424 Caviar Drive

Just Sold: Rare Deep-Water Waterfront Opportunity on Okaloosa Island

A truly exceptional opportunity has just closed on Okaloosa Island — a deep-water, waterfront property offering sweeping panoramic Sound views and direct access to the Intracoastal Waterway. This is the kind of location that rarely comes to market, and even more rarely transfers from long-term ownership.

Built in 1968 and cherished by the same family for more than 30 years, this classic coastal home now begins a new chapter with its next owner. The property offered an extraordinary chance to reimagine a legacy homesite — whether through a luxury new build or a high-end renovation — all set against the backdrop of one of the most desirable boating locations in the area.

Imagine starting each day with shimmering water views, watching sunsets over the Sound from your private dock, and launching your boat directly into deep, navigable waters that connect effortlessly to the Gulf, Destin Harbor, and Fort Walton Beach. That’s the lifestyle this property delivered — and what made it such a standout in today’s market.

Property Highlights

• Premier deep-water lot with private dock
  
  
• Expansive Sound views and vibrant sunsets
  
  
• Direct access to the Intracoastal Waterway and easy route to the Gulf
  
  
• Convenient to beaches, dining, Fort Walton Beach, and Destin Harbor
  
  
• Ideal site for new construction or a refined luxury renovation
  
  

Opportunities like this are few and far between on Okaloosa Island, and this sale represents the incredible demand for true waterfront living paired with unmatched boating access.