Home completely rebuilt in 2006. Tha actual new construction took place in 2006 and this home meets 2006 Okaloosa Island Wind Codes and Construction codes. Appraised at $900,000 in 2008, this modern, two-story Mediterranean-style stucco is selling for under $200 a square foot a great value! Whether for a primary residence or vacation getaway, this spacious, five-bedroom home enjoys an enviable location on a residentially-zoned barrier Island in Fort Walton Beach known as Okaloosa Island. This unique location offers easy access to miles of uncrowded, family-friendly beaches, while quaint downtown Fort Walton Beach, shopping, dining and entertainment are just minutes away. From your back gate, stroll a sandy path to either the Gulf of Mexico or the Santa Rosa Sound to swim, kayak, paddleboard, fish or just lounge on the famous sugar-sand beaches of Northwest Florida. This custom home is beautiful inside and out Oversized windows throughout the home invite in Florida sunshine accentuating natural Travertine tile and honey-colored wood flooring, creamy colored walls, gorgeous granite countertops and sparkling stainless steel appliances. Generous balconies off the spacious master suite, kitchen and living area are perfect for watching the sun set or holiday fireworks displays. Code construction combined with an advanced metal roofing system, underground utilities and 20' elevation, fortifies this home with confidence against inclimate weather.The open floor plan on the second level provides sweeping views of the Gulf and Santa Rosa Sound from the kitchen, dining and living area. The covered patio framed with flowering shrubs, trees and plantings off the back of the home provides a private sanctuary, and the fenced yard will keep children and pets safe. This special home is one-of-a-kind. Its stellar location, solid construction and design features, make it a must-see for the buyer ready to call this beach house his/her island home. This is the best value for new construction on the Island. This investment will only appreciate. Make an offer, your dream home awaits. Home Design Details: - 2006 construction built to code - High elevation 20 feet - Insurable has never flooded - 4,000 square feet, two story - 5 bedrooms/4 full baths -Living area: Open floor plan 28'x20', with Travertine tile, 12' ceilings, recessed lighting, lighted fans, crown molding, French doors open to balcony, view of Sound and beach way - Kitchen/dining room: Spacious 20'x20'all stainless appliances, gas stove/convention oven, custom Island with storage and bar seating, sky light in kitchen, spiral stairs to guest suite below, oversized windows, French doors open to balcony with views of Gulf - Master Suite: Large suite 17'x25' with cherry floors, 10' tray ceiling, recessed lighting and walk in closet, his/her sinks/vanity, two sets of French doors open to balcony with view of Gulf and sound Bedrooms Two and Three: Bedrooms 10'x14' each adjoined by shared bath, his/her vanity, high 10' ceilings, crown molding, wood floors, large closets, views of Santa Rosa Sound Bedroom Four: 10'x18' guest room with adjacent full bath, large walk in closet, wood flooring Bedroom Five/Guest Suite first level:9' x 18' with large Travertine tiled bath with shower, large closet, 11' x 13' den with window. Adjacent to 12' x 19' bonus room perfect as study, home gym, media room or pool room; wood floors, two sets of French doors that open to patio and backyard Wonderful 22'x20' bonus room on first level with French doors that open to the covered patio perfect as a media room, play room or home gym 7'x15' laundry room with convenient second floor chute; gas, front load energy efficient gas appliances, industrial sink, built in cabinets/counters for hobby center Three-car garage 25'x 39' is lighted, painted/trimmed with extensive storage and workshop are Custom metal railing interior and exterior Dual A/C Dual W/H