Fort Walton Beach Homes under $500,000

Fort Walton Beach Homes under $500,000

Welcome to Fort Walton Beach, Florida—a hidden gem nestled in the heart of Okaloosa County. Known for its stunning white-sand beaches and crystal-clear emerald waters, this vibrant coastal city offers a perfect blend of relaxation and adventure. Whether you're a beach lover, an outdoor enthusiast, or someone who enjoys a lively community atmosphere, Fort Walton Beach has something for everyone.

One of the most appealing aspects of this charming city is its diverse real estate market, particularly for those seeking homes under $500,000. Here, you’ll find a variety of options that cater to different lifestyles and budgets. From cozy beach cottages to modern townhomes, Fort Walton Beach offers an array of properties that allow you to enjoy the coastal lifestyle without breaking the bank.

Imagine waking up to the sound of waves crashing and the scent of salt in the air, all while living in a home that fits your financial goals. With homes priced under $500,000, you can invest in your dream property and still have room in your budget for all the fun beachside activities that Fort Walton Beach has to offer.

The community is rich with amenities, including parks, restaurants, and shops, making it easy to immerse yourself in the local culture. Plus, with year-round sunshine and a welcoming atmosphere, Fort Walton Beach is not just a place to live; it’s a place to thrive. Come discover your new home in this idyllic coastal paradise!

Newest Fort Walton Beach Homes under $500,000

909 Santa Rosa Blvd Unit 265, Fort Walton Beach
$349,900
1 Beds ⋅ 1 Baths ⋅ 1013648 MLS
TOP-FLOOR • FULLY RENOVATED • PROVEN RENTAL PERFORMER! Exceptional turnkey 1BR/1BA condo with gorgeous Gulf views, oversized private balcony and room for 5. Generated over $40K in rental revenue in both 2024 and 2025, plus $36K year-to-date in 2026, with additional reservations scheduled. Extensive upgrades include windows, sliding glass doors, HVAC, water heater, kitchen, flooring, ceilings, interior doors and fixtures. A rare opportunity combining coastal living, personal enjoyment and proven rental income potential!

909 Santa Rosa Blvd Unit 265, Fort Walton Beach
146 Valencia Dr, Fort Walton Beach
$234,900
3 Beds ⋅ 2 Baths ⋅ 1013646 MLS
MOVE-IN READY & BEAUTIFULLY UPDATED! This charming Fort Walton Beach townhome offers stylish upgrades, modern finishes, and an unbeatable location! Recent improvements include a NEW ROOF, NEW HVAC, updated electrical wiring, new windows, gorgeous flooring, fresh interior paint, and beautifully updated bathrooms. The renovated kitchen features new cabinetry, granite countertops, and stainless steel appliances. Step outside to enjoy a covered back porch overlooking a private fenced backyard, perfect for relaxing or entertaining. No HOA. Conveniently located near military bases, beautiful white-sand beaches, shopping, dining, and schools. With all the major updates already completed, this home is ready for its new owner! Schedule your showing today!

146 Valencia Dr, Fort Walton Beach
924 Tanager Road Ft, Fort Walton Beach
$439,000
3 Beds ⋅ 3 Baths ⋅ 1011876 MLS
LOCATION, CONVENIENCE & NO HOA! Welcome to Tanager Oaks, an established Fort Walton Beach neighborhood offering easy access to Hurlburt Field, Eglin AFB, Fort Walton Beach Medical Center, shopping, dining, and the beautiful beaches of the Emerald Coast. Whether relocating to the area or simply looking for a place to call home, this inviting two-story residence offers the space, comfort, and flexibility to enjoy everyday living. A charming covered entry, mature oak trees, and established landscaping create a welcoming first impression. Inside, tile flooring extends throughout the main level, where a spacious living area opens to the dining space and kitchen, making everyday living and entertaining effortless. The kitchen features maple cabinetry, crown molding, granite countertops, stainless steel appliances, a breakfast bar, and a generous walk-in pantry. Step outside to a spacious patio overlooking the fully fenced backyard with an irrigation system--ideal for weekend cookouts, outdoor entertaining, pets, or simply unwinding after a long day. Upstairs, the primary suite offers two generous closets, dual vanities, a jetted garden tub, and a separate shower. Additional bedrooms and a conveniently located upstairs laundry area complete the second level. Situated on a corner lot with a two-car garage, public water and sewer, and NO HOA, this home offers the convenience of an established neighborhood without the added association fees. From the military installations to Uptown Station, the harbor, and the sugar-white beaches, so much of the Emerald Coast lifestyle is within easy reach. Come discover the possibilities at 924 Tanager Road!

924 Tanager Road Ft, Fort Walton Beach
938 Claeven Circle Ft, Fort Walton Beach
$325,900
3 Beds ⋅ 2 Baths ⋅ 1013597 MLS
100% MOVE-IN READY grab it quick! 3 Beds 2.5 Baths • 1,600 Sq Ft 2-Car Garage Upgrades & Features: 2016 Metal Roof, 2016 AC, 2016 Hot Water Heater, New interior paint throughout; New fans and lights; New flooring - no carpet anywhere; New doors, knobs, and hinges; Updated kitchen with granite countertops; New Stainless-steel appliances; Fully cleaned and ready for immediate move-in; Fresh, modern, and durable - zero work needed on day one.

938 Claeven Circle Ft, Fort Walton Beach
909 Santa Rosa Blvd Unit 237, Fort Walton Beach
$425,000
2 Beds ⋅ 2 Baths ⋅ 1013588 MLS
Welcome to this beautifully remodeled condo on the Emerald Coast! Fully renovated in 2022. The open-concept kitchen is perfect for entertaining while neutral tones create a relaxing atmosphere. Enjoy the convenience of an in-unit laundry, two modern walk-in showers and new furniture added in 2024 completes the inviting interior. This condo offers the perfect blend of comfort, style, and convenience for enjoying all that the Emerald Coast has to offer! Enjoy an impressive array of amenities, including two swimming pools (one seasonally heated), tennis and pickleball courts, basketball courts, a fitness center, whirlpools, saunas, and meeting rooms. Conveniently located near unique shopping destinations, fine dining, and a variety of exciting water sports, El Matador is the perfect setting for a memorable beach getaway.

909 Santa Rosa Blvd Unit 237, Fort Walton Beach
885 Santa Rosa Blvd Unit Unit 203-C, Fort Walton Beach
$189,990
1 Beds ⋅ 1 Baths ⋅ 1013517 MLS
Imagine having your own place on Okaloosa Island - just steps from the sugar-white sand and emerald-green Gulf waters - for $189,990! This fully furnished, updated condo offers an exceptional opportunity for a personal beach getaway, second home, or short-term rental investment. Inside, you'll find luxury vinyl plank flooring, refreshed bathrooms with updated tile and vanities, updated lighting, newer kitchen appliances, and HVAC improvements. Step outside onto your private balcony and enjoy the coastal atmosphere, then take advantage of community amenities, including a pool, tennis courts, and BBQ and picnic areas. Located in the heart of Okaloosa Island, this condo offers convenient access to the beach, dining, entertainment, and everything the Emerald Coast has to offer. Fully furnished, move-in ready, and priced at just $189,990, this is a rare chance to enjoy the Okaloosa Island lifestyle at an incredible value.

885 Santa Rosa Blvd Unit Unit 203-C, Fort Walton Beach
412 Nw Sea Rover Ln Unit B, Fort Walton Beach
$215,000
2 Beds ⋅ 2 Baths ⋅ 1013254 MLS
Welcome home to this charming 2-bedroom, 1.5-bathroom townhome tucked away two streets behind Hollywood Blvd. Conveniently located a short distance from Ft Walton Beach High School and EdwinS Elementary School. Have peace of mind knowing the roof is 2020, Rheem HVAC system 2020, Rheem 40 gallon 2021 water heater. Washer & dryer convey. Inside, you'll find LVP flooring, a functional floor plan, large kitchen with ample freshly painted cabinets, 2025 stainless steel appliances and indoor laundry room. Step outside to your private patio with a newly fenced backyard. There's plenty of room for a pet, grilling and relaxing outdoors. Bonus: NO HOA.

412 Nw Sea Rover Ln Unit B, Fort Walton Beach
2533 Georgetown Ln, Fort Walton Beach
$225,000
3 Beds ⋅ 3 Baths ⋅ 1013491 MLS
This house is sold 'As Is' The kitchen needs new cabinets and some appliances, the A/C unit needs replacement and some flooring. Master bedroom doitnstairs, eat- in kitchen with Bay window. Located at the end of the cul-de-sac with fenced yard.

2533 Georgetown Ln, Fort Walton Beach
950 Pacific Silver Ct, Fort Walton Beach
$345,000
3 Beds ⋅ 3 Baths ⋅ 1012936 MLS
5.625% VA INTEREST RATE! Welcome to 950 Pacific Silver Court, where location, value, and move in ready all come together! Priced at just $345,000, this 3 bedroom, 2.5 bathroom home puts you right in the heart of Fort Walton Beach, just minutes from Hurlburt Field, Eglin AFB, the beautiful white sand beaches, shopping, restaurants, and everyday conveniences. Walmart and Lowe's are even just around the corner! Step inside to a spacious and inviting floor plan with plenty of room to spread out. One of the best features is the primary suite located on the first floor, while two additional bedrooms and a full bathroom are upstairs. Brand new carpet was just installed, giving the home a fresh start for its new owners. The living room, dining area, kitchen, and Florida room flow together nicely, creating a great setup for everyday living and entertaining. Outside, the fenced backyard offers a covered patio, deck, and plenty of space to relax, grill, let the pets play, or enjoy Florida evenings. You will also love the convenience of the two car garage and the washer and dryer convey with the home. Major updates include a roof replaced in 2020 and a brand new water heater in 2026. HVAC is 2014. Three bedrooms, 2.5 bathrooms, a downstairs primary suite, two car garage, fresh carpet, fenced backyard, and an incredibly convenient Fort Walton Beach location, all for under $350,000! This one offers a whole lot of home for the price. Come see it for yourself!

950 Pacific Silver Ct, Fort Walton Beach
862 Scallop Court, Unit 105, Fort Walton Beach
$292,900
1 Beds ⋅ 2 Baths ⋅ 1013249 MLS
Discover what makes Okaloosa Island such a sought-after place to own. This inviting ground-floor condo is nestled within a quaint 27-unit beachfront community. Just steps from the beach off your private patio, this location puts the Gulf, community pool, and outdoor amenities within easy reach. The ground-floor setting adds convenience, while the beautiful Gulf setting creates the perfect backdrop for rental income, a second home, or a full-time residence. Community features include a refreshing pool, grilling area, picnic space, assigned parking, and well-kept grounds. When you're ready to venture out, restaurants, shopping, entertainment, and island attractions are all nearby. Whether you're looking for a property to add to your portfolio or a place to enjoy your own time by the Gulf, this Okaloosa Island condo offers plenty of possibilities.

862 Scallop Court, Unit 105, Fort Walton Beach
215 Ne Hwy Avenue Ft, Fort Walton Beach
$194,000
3 Beds ⋅ 1 Baths ⋅ 1013235 MLS
Bring your renovation plans to this 3-bedroom, 1-bath home in Fort Walton Beach, offering approximately 1,360 square feet. The home features living and dining areas, a kitchen with white cabinetry, an attached garage and an established yard with mature trees. Interior updates and repairs are needed, including visible ceiling damage in the living area. Roof age is reported at approximately 11 years and HVAC at approximately 6 years. An opportunity to personalize the finishes within the existing home.

215 Ne Hwy Avenue Ft, Fort Walton Beach
303 N Beal Pkwy, Fort Walton Beach
$250,000
2 Beds ⋅ 1 Baths ⋅ 1013209 MLS
Great little home in a park like setting. November 2022 NEW ROOF, August 2026 NEW PLUMBING, October 2026 NEW AC/HEAT. This home has an open concept. When you enter from the front door you are in the family room. To your right is your fireplace and large screen TV, to your left is a is your two bedrooms and your bathroom. In front of you is your dining and kitchen. If you go to the door in the family room to your right, that leads you into your garage. 18 ft x 11 garage. Room for your vehicle, freezer and your washer and dryer. Inside in the kitchen you have an open view into the family room. The door in the kitchen leads out to the 18.10x11.10 ft screened in porch. Your back yard is full of fruit trees-grapefruit, peaches, plums, and lemons. You also have separate living quarters in your 15x15 man cave. Has a toilet and sink. This is sold as is. With a little imagination, you can make this into a great Father-n -law suite. Well and sprinkler system to help keep your gardens growing with little work.

303 N Beal Pkwy, Fort Walton Beach
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