THIS IS THE ONE! Completely Renovated WATERFRONT HOME on Cinco Bayou! No Flood Insurance Required and NO HOA! 4 bdrm/2.5 bath (plus additional half bath in garage), 2600 sqft all BRICK, single story on .63 acres with huge rear deck to enjoy the water views and dolphins! Open bay views and water views from every rear window! No carpet-LVP and tile flooring throughout, quartz countertops, whole house generator, 2-tankless water heaters, 2-HVAC units, hurricane windows and sliders, boathouse dock and over 100ft of newer seawall, 2022 roof, too many upgrades to list them all! Only a 15 minute boat ride to crab island! A MUST SEE!
Single-familyProperty Type
1983Year Built
0.63 acresLot Size
$525Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Brandi Thomas• Lead Realty
Bought with Magnolia Waters Realty and Investments, LLC Klinger• Magnolia Waters Realty & Investments Llc
WATERFRONT HOME - Panoramic Views of Cinco Bayou! 3 BEDROOM + OFFICE, 1 Story, ALL BRICK Exterior, Screened in PATIO & Expansive Balcony, 2 CAR Garage + 1/2 Bath AND 2 CAR Carport!! ...Gazebo with rustic grill (water), BOAT HOUSE with extra dock area for fishing (power & water), Newer Seawall, WHOLE HOUSE GENERATOR, 0.63 Acres, NO Flood Insurance Required And NO HOA!!! Peaceful & PRIVATE LOCATION at the end of a cul-de-sac, This home is in great shape and has a good floor plan with VIEWS OF THE WATER from almost every room. A little cosmetic updating to make it your own and you've got a REAL WATERFRONT GEM. Buyer to verify all info on home. Come see it TODAY!
Year
Property tax
Land + Additions
Assessment*
2025
$11,643 (+70.9%)
$543,838 + $444,764
$988,602
2023
$6,811 (+58.9%)
2022
$4,286 (+0.3%)
2021
$4,274 (+0.8%)
2020
$4,240 (+1.2%)
2019
$4,190 (+0.9%)
2018
$4,154 (+1.8%)
2017
$4,081 (+3.9%)
2016
$3,926 (−0.8%)
2015
$3,958 (+0.7%)
2014
$3,931
Tax history for 428 Pelham Rd
Year
Property tax
Land + Additions
Assessment*
2025
$11,643 (+70.9%)
$543,838 + $444,764
$988,602
2023
$6,811 (+58.9%)
2022
$4,286 (+0.3%)
2021
$4,274 (+0.8%)
2020
$4,240 (+1.2%)
2019
$4,190 (+0.9%)
2018
$4,154 (+1.8%)
2017
$4,081 (+3.9%)
2016
$3,926 (−0.8%)
2015
$3,958 (+0.7%)
2014
$3,931
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
1
Lot width
100 ft.
Lot depth
—
Lot size
0.63 Acres
Year renovated
2010
Sq. Ft.
2,603
Year built
1983
Style
Single Family Residential
County
Okaloosa County
APN
022S24000001480020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
R-1
Residential-1 District
The purpose of the residential-1 R-1 district is to provide areas for single-family detached residential dwellings, customary accessory uses, and limited non-residential uses.
Lot Features: Bulkhead/Seawall, Cul-De-Sac, Dead End, Survey Available, Within 1/2 Mile to Water
Lot/Parcel Access: City Road, Paved Road
Zoning: Residential Single Family
Building Information
Construction Status: Construction Complete
Construction/Siding: Brick
Financial
Tax Information
Last Tax Year: 2023
Last Taxes: 6810.70
Financial Information
Mortgage Type: Conventional
Financing: Conventional, FHA, VA
Assumable Mtg Typ: VA Fixed
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
Split
Split
Utilities
Utility Information
Utilities: Electric, Gas - Natural, Lift Station, Public Sewer, Public Water
Energy: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Storm Windows, Water Heater - Gas, Water Heater - Tnkls, Water Heater - Two +
Location
School Information
Elementary School: Wright
Middle School: Pryor
High School: Choctawhatchee
Location Information
Sub Area: 1206 - Ocean City
Area: 12 - Fort Walton Beach
Street #: 428
Street Name: Pelham
Street Suffix: Road
City: Fort Walton Beach
County: Okaloosa
State: FL
Zip Code: 32547
Project Name/Subdivision: METES & BOUNDS
Absolute Longitude: 86.628393
Longitude: -86.628393
Latitude: 30.434822
Directions: Traveling south on Beal Pkwy, Turn Left on Pelham Road, Home at end of cul-de-sac
Project Facilities
Dock, Fishing, Pets Allowed, Waterfront
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,603
Stories: 1.0
Lot Size: 0.63 acres
Style: Single Family Residential
Year Built: 1983
Year Renovated: 2010
County: Okaloosa County
APN: 022S24000001480020
Home facts updated by county records on Jul 10, 2026
Other
Listing Price Information
List Price: 1274900.00
List Price/SqFt: 489.78
Property Information
Apx SqFt(Htd/Cooled): 2603.00
Design: Ranch
Is Homestead
Sub-Type: Detached Single Family
Waterview: Bay, Bayou
Around this home
Schools
Wright Elementary School
Public PreK-5 • Assigned • 0.3mi
4/10
W. C. Pryor Middle School
Public 6-8 • Assigned • 0.9mi
5/10
Choctawhatchee Senior High School
Public 9-12 • Assigned • 1.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 59-73% chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 104° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Fort Walton Beach, FL • 32547
Average low and high temperatures (°F)
60
40
68
49
74
55
79
61
83
68
89
74
92
77
88
74
88
71
82
61
75
56
65
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.3 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.30M – $1.57M
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