CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome home! This charming Florida cottage is the perfect place to create your very own space. The flex room offers a 4th bedroom, casual living room, game room, craft room or whatever you can imagine! Tucked away in an established Fort Walton Beach neighborhood, 514 Newcastle Drive has a warm, welcoming feel and the kind of charm that instantly feels like home. A coziness fills the spaces with a soft, airy feel, while the comfortable layout offers an easy backdrop for slow mornings, relaxing evenings, and everyday moments. With a spacious yard and a convenient location near shopping, dining, schools, military bases, and the beautiful Emerald Coast, this sweet home offers a peaceful place to settle in, make it your own, and create lasting memories. The roof was replaced in 2018, new electrical wiring and new plumbing all installed in 2018. There is a large wooden shed and a large metal shed in great condition, both with electricity. The back yard is fenced in with chain-link and has irrigation with a pump and well. Two of the three sheds will convey with the property!
Single-familyProperty Type
1967Year Built
9,148 sq ftLot Size
$203Price/Sq.Ft.
Listed by Dawn Deckard• Keller Williams Success Realty
Est. $1,857 per month, based on comparable rentals
Sale and tax history for 514 Newcastle Dr
Sale History
Tax History
Date
Event
Price
CPARMLS #794890
Oct 7, 2026
Sold
$230,000
$203/sq ft
Aug 28, 2026
Listed
$225,000
$199/sq ft
ECAR #824724
Jul 12, 2019
Sold
$115,000
$102/sq ft
May 30, 2019
Listed
$115,000
$102/sq ft
+11
3 Bedroom 1 bath with major upgrades. The roof was installed 2018, New electrical wiring installed 2018, and New plumbing installed 2018. The AC and Heat replaced a couple years ago. The rest of the house is original but well kept. The old carport/garage was converted years ago into another room that could be used as a bedroom or office if needed. There is a large wood shed recently rebuilt and a large metal shed in great condition. The back yard is fenced in with chainlink and has irrigation with a pump and well.
Public Records
Aug 1, 1985
Sold
$41,500
$37/sq ft
Public Records
Jun 1, 1978
Sold
$26,500
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,987 (+6.2%)
$69,451 + $92,535
$161,986
2024
$1,871 (+4.7%)
$69,451 + $92,535
$161,986
2023
$1,787 (+7.9%)
2022
$1,656 (+14.7%)
2021
$1,444 (+9.3%)
2020
$1,321
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
70 ft.
Lot depth
—
Lot size
9,165 Sq. Ft.
Year renovated
1967
Sq. Ft.
1,132
Year built
1967
Style
Single Family Residential
County
Okaloosa County
APN
012S24270B000E0030
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 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.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Mixed use
Educational/school
Park & open space
Property details
Interior
Bathroom Information
# of Full Bathrooms: 1
Room Information
# of Rooms (Total): 5
Room Types: Bedroom, Living Room, Bonus Room
Room 1 Information
Bonus Room
Level: First
Dimensions: 19 x 10
Length: 19.0
Width: 10.0
Room 2 Information
Bedroom
Level: First
Dimensions: 10 x 9
Length: 10.0
Width: 9.0
Room 3 Information
Bedroom
Level: First
Dimensions: 11 x 9
Length: 11.0
Width: 9.0
Room 4 Information
Bedroom
Level: First
Dimensions: 11 x 10
Length: 11.0
Width: 10.0
Room 5 Information
Living Room
Level: First
Dimensions: 15 x 11
Length: 15.0
Width: 11.0
Equipment
Appliances: Electric Range, Gas Water Heater
Interior Features
Flooring: Plank, Vinyl
Exterior
Building Information
Roof Details: Composition, Shingle
Construction Details: Concrete
Exterior Features
Patio And Porch Features: Covered, Porch
Other Structures: Shed(s)
Fencing: Chain Link
Lot Information
Lot Size Area: 0.21
Lot Size Acres: 0.21
Lot Size Dimensions: 70.0 ft x 0.0 ft
Lot Features: Paved
Zoning Description: Resid Single Family
Property Information
Foundation Details: Slab
Financial
Tax Information
Annual Tax Amount: $1,986.99
Tax Year: 2025
Utilities
Heating & Cooling
Has Cooling
Cooling: Central Air, Ceiling Fan(s)
Has Heating
Heating: Central
Location
Multi Unit Information
Units Furnished: None
Community Information
Community Features: Short Term Rental Allowed
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,132
Stories: 1.0
Lot Size: 9,165 square feet
Style: Single Family Residential
Year Built: 1967
Year Renovated: 1967
County: Okaloosa County
APN: 012S24270B000E0030
Home facts updated by county records on Oct 12, 2026
Around this home
Schools
Shalimar Elementary School
Public PreK-5 • Assigned • 2.2mi
7/10
W. C. Pryor Middle School
Public 6-8 • Assigned • 1.0mi
5/10
Choctawhatchee Senior High School
Public 9-12 • Assigned • 1.0mi
4/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 104° expected this year, 23 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
93
77
88
74
89
69
82
61
75
56
65
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 23% for direct sun exposure in Fort Walton Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$201,000 – $243,000
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