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FORT WALTON BEACH

One of the most popular communities provided by Keller Williams Realty

FORT WALTON BEACH

About FORT WALTON BEACH

Fort Walton Beach is another beautiful beach community located in Northwest Florida, just east of Navarre Beach. This charming coastal town offers a mix of stunning beaches, outdoor recreational activities, and a vibrant beach town atmosphere. The real estate market in Fort Walton Beach offers a diverse range of properties, including beachfront condos, waterfront homes on the Intracoastal Waterway, and residential neighborhoods. Property prices can vary depending on factors such as location, size, amenities, and proximity to the beach. Fort Walton Beach is known for its sugar-white sandy beaches, turquoise waters, and numerous opportunities for water sports such as fishing, boating, and snorkeling. The town also boasts a variety of shopping, dining, and entertainment options, making it a popular destination for both residents and visitors. Whether you are looking for a vacation home, investment property, or permanent residence, Fort Walton Beach offers a relaxed coastal lifestyle with plenty of amenities and attractions to enjoy year-round.

One of the most popular communities provided by Keller Williams Realty

441

# of Listings

2

Avg # of Bedrooms

$454

Avg. $ / Sq.Ft.

$631,084

Med. List Price

Browse FORT WALTON BEACH Real Estate Listings

$250,000 - $500,000

$1M - $3M

42 Properties Found. Page 3 of 3.

#1003943

Fort Walton Beach

286 Kidd Street 3

3 Beds

2 Baths

2,813 Sq.Ft.

$1,149,000

MLS#: 1003943

#1003941

Fort Walton Beach

286 Kidd Street 1

3 Beds

2 Baths

2,813 Sq.Ft.

$1,149,000

MLS#: 1003941

Rare 98 ft of waterfront property with a 2 story dock, boat lift w/ electric & water, and multiple private lockout suites. It's flexible layout offers multiple possibilities. Perfect for a full-time coastal retreat, secondary home, Airbnb or multi generational property. No HOA and short term rental is allowed. Currently operating as a thriving turnkey waterfront rental property with proven success at its start in 2024 and going strong to the present.
Enjoy stunning views, beautiful sunsets, expansive outdoor living space, a large balcony, and direct water access.
OTHER FEATURES:
LIGHT & BRIGHT GREAT ROOM, GRANITE COUNTER TOPS, LARGE KITCHEN ISLAND, COMMERCIAL REFRIGERATOR, 2 LAUNDRY AREAS, GAME ROOM, 3 LOCK OUT SUITES W/ KITCHENETTES, AMPLE PARKING, WHOLE HOME GENERATOR, 2 STORAGE SHEDS, 2020 AC UNIT, FLOOD GATES, EFFECTIVE YEAR BUILT 2000

2024 GROSS $160, 902
2025 GROSS $145, 328

Fort Walton Beach

157 Monahan Drive

7 Beds

6 Baths

3,205 Sq.Ft.

$1,130,000

MLS#: 1002197

One of the last non-developed pieces of land in downtown Fort Walton Beach. 0.48 acre ''OUTPARCEL'' in the Shoppes at Paradise Pointe which contains a Publix Shopping Center. Buyers do their own due diligence on easements, restrictions, and zoning. Contact Carol Nash at SITE management for more info. (689) 348-3614.

Looking for cash, but would be willing to seller finance with reasonable terms. Listing agent is related to the seller; both beneficiaries of the selling trust are licensed at Alicia Hollis Sales brokerage (agent & broker).

Fort Walton Beach

253 SE Miracle Strip Parkway

None Beds

None Baths

0.48 acres

$1,100,000

MLS#: 998891

Gulf-front 3-bedroom condo in Azure offering spectacular, unobstructed Gulf views from the private balcony, main living areas and spacious master suite. Wake up to sunrise over the Gulf and enjoy evening breezes and sunsets from multiple vantage points. This condo has been thoughtfully spruced up and brightened throughout, featuring 3 bedrooms and 3 full baths, spacious kitchen & laundry room. Residents enjoy two waterfront pools, including one heated year-round for extended-season swimming, plus convenient onsite amenities and easy deeded beach access. All required SIRS study has been completed and the special assessment has has already been paid by the owner -- one less concern for the buyer. An excellent combination of lifestyle and income potential in a prime Gulf-front setting.

Fort Walton Beach

1150 Santa Rosa Boulevard 305

3 Beds

3 Baths

1,513 Sq.Ft.

$1,100,000

MLS#: 1002323

Three prime vacant lots available for your custom pre-sold home! Located at 243, 245, and 247 Brooks Street, these lots sit right in the heart of Downtown Fort Walton Beach â” just steps from local dining, parks, shopping, and waterfront entertainment.

Build your dream home with a trusted local builders (Tracy Acree and Gavin Wolff) and enjoy a lifestyle that's walkable, vibrant, and full of coastal charm. We have plans ranging approximately 3,000 - 3,300 sq ft, or make a plan of your own!

Fort Walton Beach

245 SE brooks Street

4 Beds

4 Baths

3,300 Sq.Ft.

$1,100,000

MLS#: 989411

Amazing opportunity to own waterfront property on coveted Cinco Bayou. This large property sits high and dry and has a dock with boat lift with deep water access. Open concept floorplan features tile flooring, vaulted beamed ceiling and a split bedroom layout. Kitchen has stainless steel appliances. Huge utility/laundry room. Two car garage with paver driveway has an attached area for your golf cart or motorcycle. Spectacular grounds with mature landscaping has room to build a MIL suite if needed. Enjoy your morning coffee watching the dolphins, pelicans, eagles, ospreys, otters, etc on decks overlooking the bayou. Experience the waterfront life!

Fort Walton Beach

506 Amelia Street

3 Beds

2 Baths

2,106 Sq.Ft.

$1,100,000

MLS#: 995019

PRICE REDUCED DONT MISS OUT !!! Positioned on ½ acre along the tranquil waters of Cinco Bayou, this exceptional waterfront estate offers a rare blend of privacy, craftsmanship, and coastal lifestyle living. Designed for both comfort and entertainment, the property combines timeless finishes with distinctive architectural details throughout. Inside, expansive living areas showcase vaulted ceilings, cedar accent walls, built-in bookcases, and fireplace that create warmth and character. Travertine, porcelain tile, bamboo, Brazilian cherry, cork, and wood-style plank flooring reflect the custom quality found in every space. The chef's kitchen is appointed with built-in appliances and travertine flooring, flowing seamlessly into generous dining and gathering areas ideal for hosting. The waterfront primary suite offers serene views and a spa-inspired bath featuring a soaking tub, bidet, oversized tiled shower, and custom walk-in closet. A private apartment lockout with skylights and bay window provides flexible accommodation for guests or multigenerational living. Outdoors, resort-style living awaits with a kidney-shaped in-ground pool, expansive paver deck, gazebo, and large wooden waterfront deck. Boating enthusiasts will appreciate the dock and lift (conveyed as-is), offering direct access to the bayou lifestyle. Additional highlights include a 12-12.5KW generator supporting major systems, whole-house water softener, detached 40x10 powered workshop, detached two-car garage, carport, and circular drive. This is more than a waterfront home it is a private coastal retreat in the heart of Fort Walton Beach, offering space, flexibility, and unforgettable sunsets over Cinco Bayou.

Fort Walton Beach

144 Monahan Drive

4 Beds

3 Baths

4,454 Sq.Ft.

$1,100,000

MLS#: 998388

Rare beachfront find and unbeatable investment opportunity! Stellar $114K of Gross Rent for both 2023 and 2024! $94K for 2025 despite the extensive resort renovations and complete closure during October, November and most of December. $91K on the books as of June 2026. Expecting around $100K for the full year. DIRECT WALK-UP ACCESS TO THE BEACH! This stylishly decorated, fully furnished condo is centrally located on the Gulf side of the beautiful AZURE Condominium resort. Prime location on the ground floor with easy access to the pool area and the sugar-sand beaches just beyond make this unit one of the most desirable rentals in the complex. Quick and convenient access to the covered parking garage and no need for stairs or elevators. Perfect for a second home, primary residence or a lucrative investment property. The unit features tile throughout (no carpet). HVAC system replaced in Dec 2023. Water heater and dishwasher replaced in Dec. 2021. The Azure Resort underwent an extensive refresher remodel in 2025.

Fort Walton Beach

1150 Santa Rosa Boulevard UNIT 113

3 Beds

3 Baths

1,513 Sq.Ft.

$1,095,000

MLS#: 992215

This 10-unit multifamily property offers a strong income stream in one of Fort Walton Beach's most convenient locations. Each unit features a 1-bedroom, 1-bathroom layout, ideal for long-term tenants or short-term conversion.

Located just minutes from major employers, shopping centers, and the beautiful Gulf Coast beaches, this property maintains high occupancy and consistent cash flow.

The property is professionally managed and offers low overhead, making it perfect for both hands-off investors or owner-operators. With a current monthly income of $9,225, there is also potential for future rent increases in a growing rental market.

Fort Walton Beach

14 NW Cape Drive A-J

None Beds

None Baths

N/A

$1,075,000

MLS#: 992065

Gulf-front living at its finest -- and the smartest value on this floor plan in the building. This 1,513 SF, 3BR/3BA residence at Azure offers direct, unobstructed Gulf views, an open living and dining layout, and a primary suite with garden tub, walk-in closet, and private balcony access. A private owner's closet inside the unit plus a dedicated storage room down the hall add everyday convenience most buyers won't find elsewhere in the building.

Only four units in Azure share this exact floor plan -- and this is priced below the two others currently on the market, and below the most recent unit of this same layout to sell in the building. A documented rental income history is available for buyers evaluating this as an investment, along with a full cost-to-own analysis built on real numbers, not projections.

Wake up to sugar-white sand and emerald water from your own balcony, with sweeping Gulf views from the main living areas and primary suite alike. The split-bedroom layout gives guests and owners their own private corners. Resort amenities include a Gulf-front pool, fitness center, and secured building access -- everything you need for a low-maintenance coastal lifestyle.

Tour remotely first with our 4K Matterport walkthrough, then schedule an easy, flexible in-person showing through our team. Whether you're searching for a primary residence, a second home, or an income property, this is Gulf-front ownership positioned to perform. Schedule your private showing today. FULL COMPARABLE ANALYSIS -- AZURE, 1,513 SF / 3BR-3BA FLOOR PLAN

Only four units in the building share this exact floor plan. Here is where this listing sits against the others:

Unit Status Price $/SF Notes

307 Sold $1,000,000 $660.94 Closed Jan 2026, 101 DOM

610 Sold $1,075,000 $710.51 Closed Jan 2026, 53 DOM

113 Active $1,095,000 $723.73 Priced above subject

305 Active $1,100,000 $727.03 Priced above subject

414 (subject) Active $1,070,000 $707.20 Below actives and last closed sale

CLOSED SALES (this floor plan): - Unit 307 -- sold $1,000,000 ($660.94/SF) -- closed January 2026, 101 days on market - Unit 610 -- sold $1,075,000 ($710.51/SF) -- closed January 2026, 53 days on market

ACTIVE LISTINGS (this floor plan): - Unit 113 -- listed $1,095,000 ($723.73/SF) - Unit 305 -- listed $1,100,000 ($727.03/SF) - Unit 414 (this listing) -- listed $1,070,000 ($707.20/SF)

This listing is priced below both active competitors on the identical floor plan, and below the most recent closed sale of this exact layout -- Unit 610, which sold for $1,075,000. In plain terms: a buyer purchasing this unit at ask is paying less than what the last verified buyer in this building paid for the same square footage, same bedroom count, same view line.

MARKET TIMING CONTEXT: Both recent Azure sales on this floor plan went under contract within days of each other in December 2025 -- a pattern consistent with holiday-season visitors converting into buyers. Showing volume in Azure and the surrounding Gulf-front buildings slows through the peak rental season (spring and summer), then picks back up as the building empties out heading into fall. Consistent with that pattern, another Azure residence went under contract this month (July 2026) after a longer stretch on the market -- an early signal that buyer activity in the building is returning as the summer rental season winds down.

RENTAL INCOME HISTORY (verified actuals, four years): - 2023: $70,000 - 2024: $75,000 - 2025: $60,000 (property management transition year) - 2026: year-to-date through July 1, plus July and August currently on the books

A full cost-to-own analysis with cap rate detail is available on request -- built entirely on these actuals, not third-party rental estimates.

FEATURES: Private owner's closet inside the unit; dedicated storage room down the hall; primary suite with garden tub, walk-in closet, and private balcony access; recently updated living room seating. 4K Matterport virtual tour and floor plan available.

Fort Walton Beach

1150 Santa Rosa Boulevard 414

3 Beds

3 Baths

1,513 Sq.Ft.

$1,070,000

MLS#: 998315

8700 SF Flex space, two 14' x 16' electric rollup doors , 4000 SF office with 2 restrooms and showers, fenced in yard with electric gate, property located off of Racetrack Road in Fort Walton Beach, FL, the warehouse has 22' ceilings and the warehouse is heated, great building with new roof in 2021 , 2nd Parcel is .44 Acres

Fort Walton Beach

107 Truxton Avenue

None Beds

None Baths

N/A

$1,015,000

MLS#: 947180

1 2 3

Buyers resources

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Calculating Capital Gains

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