We report synthesis, crystal structure and physical properties of a quinary iron-arsenide fluoride KCa$_2$Fe$_4$As$_4$F$_2$. The new compound crystallizes in a body-centered tetragonal lattice (with space group $I4/mmm$, $a$ = 3.8684(2) {AA}, c = 31.007(1) {AA}, and $Z$ = 2), which contains double Fe$_2$As$_2$ conducting layers separated by insulating Ca$_2$F$_2$ layers. Our measurements of electrical resistivity, dc magnetic susceptibility and heat capacity demonstrate bulk superconductivity at 33 K in KCa$_2$Fe$_4$As$_4$F$_2$.
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