Fort Walton Beach · Neighborhood
Bella Vista Homes for Sale
Bella Vista is a mixed 65-parcel plat on Monahan and Cove drives, mailed as Fort Walton Beach 32547 but in unincorporated Okaloosa County.
Updated
Short-term rentals: not allowed, per our brokerage's rental review.
Living in Bella Vista
Okaloosa County's subdivision index carries two entries under this name in Section 12, Township 2 South, Range 24: BELLA VISTA, whose parcel numbers begin 12-2S-24-0210, and BELLA VISTA RESUB, beginning 12-2S-24-0211. The first holds 63 parcels and the resubdivision two, both multifamily. BELLA VISTA HEIGHTS in Section 2 and BELLA VISTA EST in Section 11 are separate entries with their own parcel series, and this page counts neither. Every county address point here carries a Fort Walton Beach 32547 mailing line, yet the county's city-limit map places none of the 65 parcels inside Fort Walton Beach or the Town of Cinco Bayou, so the ground is unincorporated Okaloosa County.
One name covers several kinds of property. Read on October 17, 2026, the county's use fields list 45 single-family parcels, one more single-family parcel coded as bayou property, six townhouse parcels, eight multifamily parcels, three vacant lots, a residential common area and a county-owned sliver under 800 square feet whose legal line reads PLATTED PARK. Build years on the 60 dated parcels run from 1946 to 2026, with 19 of them before 1960 and 14 from 2000 on. The six townhouse parcels at 555 through 565 Cove Drive are lettered PARCEL 1 to PARCEL 6 COVE TOWNHOME in their legal lines and all carry 1978, and a 0.58-acre common-area parcel in the same block lists COVE TOWNHOME ASSOC as its owner.
Address points outnumber houses. The county's 166 points sit on 63 of the parcels, 148 on Monahan Drive, 17 on Cove Drive and one on Bella Vista, printed without a street type, and two multifamily parcels on Monahan Drive hold 47 and 34 of them. Florida's 2026 statewide roll returns the same 65 parcel numbers in the same 63-and-two split, though it still classes as vacant a Block 4 lot at 149 Monahan Drive that the county layer now dates to 2026.
Flood exposure turns on the block. On FEMA's national flood map, panel 12091C0461J effective March 9, 2021, every one of the 35 Block 3 parcels holds some Zone AE or VE ground, while in the original Blocks 2 and 4 only 7 of 25 parcels touch a special flood hazard area; mapped base flood elevations across the plat run from 9 to 13 feet. MLS entries reading exactly BELLA VISTA or BELLA VISTA S/D under a Fort Walton Beach city line showed three active and 14 sold dwellings when counted on September 24, 2026, a dated tally that is not today's inventory. No declaration or state corporate filing for any Bella Vista association could be opened for this page, so it states no rule on dues, upkeep or leasing.
HOA & Fees
What is the HOA fee at Bella Vista?
No HOA fee for Bella Vista has been reported on the MLS in our records. Whether a home belongs to an association, and what it charges, is set by that home's recorded covenants, so ask a licensed real estate agent or the association about the home you are considering.
Live Inventory
Homes for Sale in Bella Vista

$1,130,000
157 Monahan Drive
Fort Walton Beach, FL 32547

$950,000
144 Monahan Drive
Fort Walton Beach, FL 32547
The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.
Local Answers
Bella Vista FAQ
How much is the HOA fee at Bella Vista?
No HOA fee for Bella Vista has been reported on the MLS in our records. Whether a home belongs to an association, and what it charges, is set by that home's recorded covenants, so ask a licensed real estate agent or the association about the home you are considering.
Is Bella Vista on Monahan Drive inside Fort Walton Beach city limits?
No. The county's city-limit map puts none of the 65 parcels inside Fort Walton Beach or the Town of Cinco Bayou, so Bella Vista is unincorporated Okaloosa County land. Its Fort Walton Beach mailing line, 32547, routes the post and nothing more, because no city government sits over this land and the county is the local government.
Which Bella Vista lots on Monahan Drive reach FEMA Zone VE?
Lots 21 through 24 of Block 3, the parcels at 151, 155, 157 and 159 Monahan Drive, have roughly 7 to 58 percent of their ground in Zone VE at 12 or 13 feet on FEMA's national map, and the remainder of each is Zone AE. Lot 25 at 161 Monahan Drive touches the VE boundary without holding measurable VE ground. An elevation certificate, not the map, places the house itself.
What is the Cove Townhome group inside Bella Vista?
Six townhouse parcels at 555 through 565 Cove Drive, lettered PARCEL 1 to PARCEL 6 COVE TOWNHOME and all dated 1978 by the county. A 0.58-acre common-area parcel in Block 3 lists COVE TOWNHOME ASSOC as owner, and FEMA's map puts all six townhouse parcels and that common ground wholly in Zone AE at 10 feet. Whether that association is active, and what it looks after, would come from its own filings, which this page could not open.
Are Bella Vista Heights and Bella Vista Est part of Bella Vista?
Not in the county index. BELLA VISTA HEIGHTS is filed under 02-2S-24-0230 in Section 2 and BELLA VISTA EST under 11-2S-24-0220 in Section 11, while Bella Vista and its resubdivision sit in Section 12 under the 0210 and 0211 series. A listing naming either of the other two belongs to a different plat.
Why does the Bella Vista plat show 166 addresses for 65 parcels?
Multifamily parcels carry many points: the parcel numbered 117 to 121 Monahan Drive holds 47 and the one at 120 holds 34, and five more hold four to seven each. Two single-family parcels have two points apiece, while the common area and the park parcel have none. Counting addresses here mostly counts units on a handful of parcels.
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Condo Buildings in This Market
- Waterscape ResortCondo building · 339 units · Built 2008
- Destin West Beach & Bay ResortCondo building
- Pirates BayCondo building · 120 units · Built 1986
- HermitageCondo building · 42 units · Built 1983
- Islander Beach ResortCondo building · 114 units
- Pelican IsleCondo building · 98 units · Built 2002
Sources
- Okaloosa County GIS, subdivision index entries beginning BELLA VISTA (accessed October 17, 2026)
- Okaloosa County GIS, parcel layer for the 0210 and 0211 series (accessed October 17, 2026)
- Okaloosa County GIS, site address points for the 0210 and 0211 series (accessed October 17, 2026)
- Okaloosa County GIS, city-limit layer tested inside Bella Vista parcels (accessed October 17, 2026)
- FEMA National Flood Hazard Layer, panel and zones around Bella Vista (accessed October 17, 2026)
- Florida statewide cadastral, 2026 roll for the 0210 and 0211 series (accessed October 17, 2026)
Bella Vista Market Analytics
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