411 Cobia on Okaloosa Island: 107 Feet of Sound Frontage, Four Boat Slips, and a 2-Minute Walk to the Gulf

by Andrew Iremonger

If you’ve ever wanted a waterfront property where boating feels as easy as pulling into your driveway, 411 Cobia on Okaloosa Island is the kind of home that makes you stop and stare.

This split-level sound-front property offers four wet slips (one with a boat lift), three bedrooms, three full bathrooms, and approximately 107 feet of waterfront on the Santa Rosa Sound. And the wild part? You’re also about a two-minute walk to the Gulf beaches.

It’s the “best of both worlds” setup that waterfront buyers chase: calmer water and boating activity on the sound, plus quick beach access when you want the Gulf.

Where 411 Cobia Is Located and Why the Spot Is So Convenient

411 Cobia sits right near Brooks Bridge on Okaloosa Island.

That location matters because it keeps you close to everything:

Fort Walton Beach and Mary Esther are just across the bridge
Okaloosa Island stretches east toward Destin
Restaurants are clustered right on the mainland side of the bridge, meaning dinner is close even if you don’t want to cook

For full-time living, second-home use, or short-term rental strategy, this is a practical location. Guests can get to dining quickly, and owners get the island lifestyle without feeling isolated.

The View and Daily Waterfront Life on the Sound

Sound-front living feels different than Gulf-front living.

On the sound, you tend to see more day-to-day activity:

boats going by
dolphins and marine life
calmer, more protected water
neighborhood energy that changes throughout the day

You still get the Gulf nearby, but the sound is often where people fall in love with the “everyday view.” It’s one of those setups where you can sip coffee, watch the water, and feel your nervous system unclench a little.

Four Boat Slips and a Dock Lifestyle That’s Hard to Replicate

The major headline feature here is the dock setup:

four wet slips
one slip with a boat lift

That opens up lifestyle options most homes simply can’t offer.

If you have boating friends, this is the kind of property where they can pick you up by water or swing by for dinner without anyone touching a steering wheel on land. It’s not just a Florida thing… but it’s definitely a Florida thing.

Exterior Highlights: Fenced Yard, Multiple Entry Points, and Parking

One of the most practical features for real life is the fully fenced yard.

If you have a dog, you know what that means: you can let them out safely without having to do the “waterfront property + no yard” shuffle.

You also have:

pavers around the home
multiple entry points (great for guests and functionality)
plenty of parking
solid access for storing waterfront gear and boat-adjacent life

First Level: Garage, Laundry, and a Full Bathroom

The first level includes:

a deep single-car garage with an epoxy floor
laundry area
a full bathroom (a huge convenience after boating or beach time)
mechanical systems that are accessible without being loud in the living space

This level is designed to support how people actually live on the water.

Main Living Level: Kitchen, Dining, Living Room, and Big Water Views

The main floor is where the home feels like a waterfront retreat.

The kitchen is a great size with:

ample cabinet space
gas cooking
room to add an island if desired

And throughout the main level, the view stays with you. Living room, dining area, kitchen… it’s all anchored by water, which is exactly what buyers want in a sound-front property.

Split-Level Bedrooms: Fewer Stairs and No Carpet

Upstairs, you’ll find the bedrooms in a split-level setup, which means fewer stairs than a typical two-story home.

The flooring is a reclaimed-wood-look tile, and there’s no carpet, which is a major win for waterfront ownership where moisture and sand are part of daily life.

The Primary Suite: Big Bedroom, Seating Nook, and Multiple Closets

The primary suite stands out because it’s truly spacious, and it includes a natural nook that works perfectly as a reading corner, quiet coffee spot, or “don’t talk to me until I’ve had my morning” chair.

There are also multiple closets, which is always nice whether this is a primary residence or a second home.

Price, Key Specs, and What Makes This One Rare

At the time of the tour, the listing details shared were:

Price: $1.499M (approximately $1.5M)
Bedrooms/Bathrooms: 3 bedrooms, 3 full bathrooms
Waterfront: approximately 107 feet on the sound
Dock: four wet slips + one boat lift
Roof: metal roof (noted as a long-life roof)
HVAC: referenced around 2022

Sound-front properties with this dock capacity are rare. And the bigger investment truth is simple: they aren’t making more waterfront land.

Coastal Ownership Notes: Flood Insurance, Taxes, and Hurricane Reality

If you’re buying waterfront, you should plan for real-world ownership costs.

Two common budget items:

Flood insurance: if required, it can significantly increase annual insurance costs because flood is separate from homeowners coverage
Property taxes: often estimated around 0.75% to 1% of purchase price depending on exemptions and county specifics

On hurricanes: yes, it’s a factor on barrier islands, especially with the Gulf close by. The upside is that Florida storms usually come with warning time, and preparation is part of the lifestyle here.

Many waterfront owners prep their property and simply leave the island for a few days if a stronger storm is approaching. And while storms can be dramatic, the day-to-day quality of life is why people buy waterfront in the first place.

Final Thoughts: The “Sound + Gulf” Combo Is the Real Flex

411 Cobia is compelling because it gives you something most properties can’t:

protected sound-front boating lifestyle
dolphins, boats, and daily waterfront energy
quick walk to the Gulf beaches
no HOA noted in the tour, which adds flexibility and can improve short-term rental economics

For the right buyer, this is not just a house. It’s a lifestyle upgrade.

Want a Boat-Slip Property Like This on Okaloosa Island?

If you’re looking for a waterfront home with dock capacity, boating access, and strong lifestyle value on Okaloosa Island or anywhere from Pensacola to Panama City Beach, we can help you compare options and run real ownership numbers (insurance, taxes, and projected payments).

Visit our Contact Us page to start a conversation.