Turn the Key to Your Emerald Coast Home

Fort Walton Beach homes between $1,300,000 and $1,500,000 offer buyers access to exceptional luxury properties with high-end finishes, expansive living space, and sought-after Emerald Coast locations. In this price range, buyers may find custom-built residences, waterfront estates, private pools, boat docks, sophisticated outdoor entertaining areas, and views of the bay, bayous, or surrounding waterways.

These properties may appeal to luxury buyers, relocating households, military families, and those searching for an impressive primary residence, second home, or coastal investment property. Fort Walton Beach provides convenient access to Okaloosa Island, Destin, Hurlburt Field, Eglin Air Force Base, beaches, boating, shopping, dining, and recreation.

Melinda Vazquez can help you compare Fort Walton Beach homes between $1,300,000 and $1,500,000, assess waterfront considerations and property-specific features, and find a home that supports your lifestyle and long-term real estate goals.

Fort Walton Beach Homes Between $1,300,000 and $1,500,000

$1,500,000
1004897 MLS
Exceptional opportunity to acquire Tilden's End, a 13-unit apartment community in the heart of Fort Walton Beach. Built in 1983 with durable CBS block construction, the property offers an all 2BD/1BA unit mix (800 SF each) and has been extensively improved with new roofs, multiple new HVAC systems, interior renovations, comprehensive plumbing repairs, and new fencing -- positioning the asset for stable, low-maintenance ownership. The property is located within a designated Opportunity Zone, a federal program that lets investors defer and potentially reduce capital gains taxes by reinvesting through a Qualified Opportunity Fund, with the potential to eliminate tax on appreciation when the investment is held long enough. For the right buyer, this can meaningfully enhance after-tax returns (buyer to confirm eligibility and current rules with a tax advisor). Steady occupancy reflects strong demand, with in-place rents below market and upside through turnover, RUBS, pet fees, and other income. Additional development optionality exists to add a triplex on the north side of the site -- NOI growth without buying more land. Ideally located just off Mary Esther Cut Off (±34,500 vehicles/day) and within 15 minutes of Eglin Air Force Base and its 20,000+ personnel, the asset draws from a deep, defense-anchored renter base further bolstered by Williams International's ±$1B Okaloosa County investment. Buyer to verify all information.

210 Nw Dates Ave, Fort Walton Beach

$1,399,000
8 Beds 6 Baths 1000887 MLS
Now Offered at $1,399,000 | Gulf Views & Beach Access This spacious Gulf-view home, located directly across from beach access, is designed with families who love the beach in mind. From the moment you step inside, you're greeted by an elegant 20-foot foyer that sets a relaxed, coastal tone for unforgettable family time at the shore. An impressive hardwood staircase, beautiful chandeliers, and warm, comfortable furnishings create an inviting atmosphere throughout the home. The large gourmet kitchen serves as the heart of the house, featuring a generous island with breakfast bar seating, granite countertops, white cabinetry, and stainless-steel appliances--perfect for cooking big family meals after a day at the beach. The first floor offers incredible flexibility for family living and entertaining, with an additional family room, a full second kitchen with a gas range, a dining area, and two guest bedrooms. These spaces can easily double as a kids' hangout, game room, or movie night retreat. Upstairs, the third floor includes another spacious family room and four additional bedrooms, giving everyone room to spread out and relax. Multiple covered decks on each level invite you to unwind together while enjoying Gulf breezes and sweeping sunset views over both the Gulf of Mexico and Santa Rosa Sound. With its generous layout, multiple gathering spaces, and unbeatable beachside location, this home is perfect for families who want to make lasting beach memories.

738 Starfish Ave, Fort Walton Beach

$1,345,000
4 Beds 4 Baths 998388 MLS
Positioned on ½ acre along the tranquil waters of Cinco Bayou, this exceptional waterfront estate at 144 Monahan Drive offers a rare blend of privacy, craftsmanship, and coastal lifestyle living. Designed for both comfort and entertainment, the property combines timeless finishes with distinctive architectural details throughout. Inside, expansive living areas showcase vaulted ceilings, cedar accent walls, built-in bookcases, and fireplace that create warmth and character. Travertine, porcelain tile, bamboo, Brazilian cherry, cork, and wood-style plank flooring reflect the custom quality found in every space. The chef's kitchen is appointed with built-in appliances and travertine flooring, flowing seamlessly into generous dining and gathering areas ideal for hosting. The waterfront primary suite offers serene views and a spa-inspired bath featuring a soaking tub, bidet, oversized tiled shower, and custom walk-in closet. A private apartment lockout with skylights and bay window provides flexible accommodation for guests or multigenerational living. Outdoors, resort-style living awaits with a kidney-shaped in-ground pool, expansive paver deck, gazebo, and large wooden waterfront deck. Boating enthusiasts will appreciate the dock and lift (conveyed as-is), offering direct access to the bayou lifestyle. Additional highlights include a 12-12.5KW generator supporting major systems, whole-house water softener, detached 40x10 powered workshop, detached two-car garage, carport, and circular drive. This is more than a waterfront home it is a private coastal retreat in the heart of Fort Walton Beach, offering space, flexibility, and unforgettable sunsets over Cinco Bayou.

144 Monahan Dr, Fort Walton Beach

$1,300,000
5 Beds 5 Baths 993867 MLS
Experience exceptional waterfront living on this rare deep-water property, perfectly positioned on a spacious 0.66-acre lot. This all-brick residence, complete with a separate guest carriage house, offers breathtaking water views, direct Gulf access, and an unbeatable location just minutes from shopping, dining, VPS Airport, Fort Walton Beach Medical Center, Hurlburt Field, and Eglin Air Force Base. Thoughtfully updated, recent improvements include a new boat lift and ski lifts, fresh interior paint, a tankless water heater, updated lighting, new landscaping, and newly constructed stairs for both the rear deck and carriage house. The home was completely renovated in 2006, taken down to the studs and rebuilt with new plumbing, electrical systems, and high-quality finishes throughout. The main home features three bedrooms and two-and-a-half baths on the upper level. The lower level provides additional living space with a fourth bedroom, full bath, expansive family room, and a cozy wood-burning fireplace. Above the garage, the private carriage house offers a one-bedroom, one-bath layout complete with a living room and full kitchen, making it ideal for guests, extended family, or rental opportunities. Combining deep-water access, expansive outdoor space, and a beautifully maintained interior, this remarkable property embodies the very best of waterfront living. while the lower level includes an additional bedroom, full bath, spacious living room and wood burning fireplace. Above the garage you'll find a 1 bed/1 bath carriage house with living room and full kitchen. With its deep-water access, expansive grounds and beautifully maintained interior, this property captures the essence of waterfront living at its finest.

640 W Sunset Blvd, Fort Walton Beach

$1,399,000
3 Beds 3 Baths 978567 MLS
Here is the unicorn waterfront property you've been looking for! On beautiful Okaloosa Island, this 3-bedroom, 3-bath home overlooks the serene Intracoastal just across from the Landing. With 102 feet of waterfront, this property is uniquely situated to offer 180 degrees of panaromic sunrise and sunset views. The deep water dock is a boater's dream, with 4 wet slips, covered aluminum QAB boat lift system for up to 20,000 pounds, and a 200-amp electrical service. Just a short walk to the famous sugar-sand island beaches, this home has everything you're looking for in waterfront living. Golf carts welcome! The beautifully renovated interior offers an expansive kitchen and living area with high impact hurricane windows and double French doors (also hurricane rated) for plenty of natural light. Quartzite countertops, stainless steel appliances, and custom wood cabinets provide the Chef with a convenient, modern kitchen, including a 5-burner range and Bosch dishwasher. Enjoy those spectacular views without leaving the kitchen! The oversized primary suite has his and her closets and an updated bathroom with quartzite, lovely wood cabinets, hexagonal tile floors, and new light fixtures. All 3 bedrooms have gorgeous engineered hardwood flooring. Oversized garage has plenty of room for kayaks, paddleboards, and other water toys in addition to your vehicle. The third bathroom is just off the garage and is easily accessible from the living space, while also providing convenient access from outdoor activities. A hurricane-rated garage door has also been installed. With one of the longest waterfront footages on the Island, the exterior is just as lovely as the interior, with brand new landscaping and sod and a firepit overlooking the water. A fence with gated access provides extra peace of mind. The dock will accommodate your 100-foot yacht or several smaller water toys - or anything in between. A deck overlooking the water is perfect for entertaining. The striking paver system provides plenty of parking and is rated for high-weight commercial loads.

411-A Cobia Ave, Fort Walton Beach

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