Ft Walton Beach Homes under $500,000

Welcome to Fort Walton Beach, a hidden gem nestled along the stunning Emerald Coast of Florida. This charming city, located in Okaloosa County, boasts a rich blend of natural beauty, vibrant culture, and a welcoming community. With its pristine white sandy beaches and crystal-clear waters, Fort Walton Beach is not just a vacation destination; it’s a place many are proud to call home.

For those considering a move to this captivating coastal paradise, you'll be delighted to find a variety of homes available under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking for a cozy retirement retreat, Fort Walton Beach offers an array of options to suit your needs. From charming single-family homes with spacious yards to modern condos with breathtaking views, there’s something for everyone.

Living in Fort Walton Beach means enjoying a laid-back lifestyle with access to outdoor adventures, including fishing, boating, and hiking in nearby parks. The city is also rich in history, featuring attractions like the Indian Temple Mound Museum and the Air Force Armament Museum, perfect for those who appreciate a touch of culture.

Moreover, the local dining scene is thriving, with an assortment of seafood restaurants and cozy cafes that highlight the region's culinary delights. With excellent schools and friendly neighborhoods, Fort Walton Beach is not just about beautiful homes; it's about creating lasting memories in a community that feels like family.

Explore the possibilities of owning a piece of this coastal paradise today, where your dream home awaits under $500,000!

Newest Ft Walton Beach Homes under $500,000

$439,900

5 Beds ⋅ 3 Baths ⋅ 689754 MLS

Offering 2,746 square feet, 5 bedrooms, 3 bathrooms, and no HOA, this spacious home provides an impressive amount of living, entertaining, and storage space. Tucked away at the end of a quiet dead-end road with no through traffic, the home features a roof approximately five years old and a large, fully privacy-fenced backyard shaded by mature trees. Inside, the home is much larger than it appears from the exterior, with spacious bedrooms, two bonus rooms, and multiple living and gathering areas. The kitchen features a window over the sink overlooking an additional dining space, along with a breakfast bar. Shiplap details add character throughout, while wood-look vinyl flooring extends through the bedrooms and several living areas, with tile throughout much of the remaining space. Two bathrooms have been updated with tiled walk-in showers and tile flooring, and the laundry room includes a utility sink. Storage is a major highlight, with abundant space throughout the home plus two backyard storage sheds. Outside, the large backyard provides plenty of usable space, including room for boat or RV parking. A large patio offers space to relax or entertain, while a greenhouse frame attached to the fence is ready to be completed and put to use. With its generous square footage, flexible bonus spaces, and expansive yard, this property offers plenty of opportunity to make it your own. Located approximately five minutes from local schools, 10 minutes from Eglin Air Force Base, and 15 minutes from Okaloosa Island and VPS Airport, the home is also convenient to all of your everyday necessities. The home is not being sold fully furnished, and furniture will be removed prior to closing.

631 Manchester Rd, Ft Walton Beach

$320,000

6 Beds ⋅ 2 Baths ⋅ 689295 MLS

MOVE IN READY ! NEW ROOF ** NEW PAINT** Three bedroom , 2 full bath New roof in July 2026, New Paint June 2026. The floors are wood in living room and down the hall , with tile in the rest of the home with exception of carpet in main bedroom. The rooms are large with a lot of windows to let in that morning sunshine and there is a storm door at the front door. The dining is open to the living room and the kitchen with the laundry at the back door to the left of the kitchen. This home is close to shopping , beaches , parks and hospitals! Call for an appointment today and make it yours!

101 NE Oregon Dr, Ft Walton Beach

$479,000

4 Beds ⋅ 2 Baths ⋅ 688581 MLS

Some homes simply check the boxes. Others make you immediately picture your life there. Welcome to 116 Wellington Road, a beautifully designed one-story home in Colonial Estates that combines comfort, functionality, and an inviting Fort Walton Beach lifestyle. From the brick exterior and welcoming front porch, step inside to a spacious great room featuring raised ceilings, crown molding, recessed lighting, and hardwood floors. The kitchen is designed for everyday living and entertaining, with granite countertops, maple cabinetry, stainless appliances, a gas range, breakfast bar, and pantry. The open flow into the dining area and great room keeps everyone connected, whether you're preparing dinner or gathering with family and friends. The primary suite offers a peaceful retreat with a walk-in closet and private bath featuring a double vanity, garden tub, and separate shower. The split-bedroom layout provides added privacy and flexibility for guests, a home office, or additional living space. Outside, the covered patio opens to a privacy-fenced backyard where you can enjoy morning coffee, weekend grilling, or relaxing Florida evenings. A two-car attached garage, irrigation system, tankless gas water heater, double-pane windows, and natural gas add everyday convenience. Located in the Ocean City area of Fort Walton Beach, the home offers convenient access to local schools, shopping, dining, beaches, and the broader Emerald Coast. Its location is also well suited for those connected to the Eglin Air Force Base and Hurlburt Field communities. Come see how easily 116 Wellington Road could become the place you call home.

116 Wellington Rd, Ft Walton Beach

$389,000

6 Beds ⋅ 3 Baths ⋅ 688266 MLS

This newly renovated 6-bedroom/3 bath home presents an exceptional opportunity for modern living in a prime, centrally located setting. Boasting an array of recent updates, the exterior features a fresh stucco finish that enhances curb appeal while ensuring durability. The interior has been thoughtfully refreshed with new paint, creating a bright and inviting atmosphere throughout. Enhanced energy efficiency is achieved through the installation of double-pane windows, which provide improved insulation and contribute to a serene living environment. The home's layout has been impeccably designed to include brand-new bathrooms, each equipped with contemporary sinks, faucets, and toilets, ensuring both style and functionality, and a bonus room 9x6 at the back of the house. In the heart of the home, the kitchen stands out with new cabinetry, quartz countertops, and state-of-the-art appliances, along with a new roof, A/C, and water heater.

742 Mayflower Ave, Ft Walton Beach

$358,000

3 Beds ⋅ 3 Baths ⋅ 688251 MLS

Welcome home to this beautifully maintained 3-bedroom, 2.5-bath townhome , built in 2021 and offering the perfect combination of modern style, comfort, and convenience. Located within a gated community, this move-in-ready home features an inviting open-concept floor plan designed for both everyday living and entertaining.The kitchen offers granite countertops, ample cabinet space, and a seamless flow into the spacious living and dining areas. Luxury vinyl plank (LVP) flooring adds durability and a clean, contemporary look throughout the main living spaces. The home has also been recently painted, creating a fresh and welcoming feel.Upstairs, the spacious primary suite features a private bathroom with a beautifully tiled shower, while two additional bedrooms provide plenty of space for family, guests, or a home office. A washer and dryer are included for added convenience, along with the living room entertainment center and TV.Ideally located in Fort Walton Beach, this home puts you close to shopping, dining, entertainment, and the beautiful beaches of the Emerald Coast. Whether you're searching for a primary residence, second home, or investment opportunity, this stylish townhome offers low-maintenance coastal living in a convenient location.

1808 Stable Ln, Ft Walton Beach

300 SW Miracle Strip Pkwy Unit #3B, Ft Walton Beach

$235,500

2 Beds ⋅ 1 Baths ⋅ 686606 MLS ⋅ Sea Palm Condo BLDG.

Resort-Style Living with Courtyard & Water Views! Whether you're looking for a relaxing vacation retreat, a proven income-producing investment, or both, this first-floor condo checks all the boxes. Already participating in the Airbnb rental program, this property has a strong rental history and has generated excellent rental income, making it an outstanding investment opportunity. Sold fully furnished, it's truly turnkey and ready for immediate enjoyment or continued vacation rentals. Sip your morning coffee or unwind after a day of fun on the private patio overlooking the peaceful courtyard and water. Inside, you'll find granite countertops, soft-close drawers, a pantry with pullout shelves, a spacious walk-in shower, illuminated mirror, Bluetooth-enabled exhaust fan with integrated lighting, a new dishwasher, new kitchen sink, new in-unit washer and dryer, Nest thermostat, and video doorbell. Located in a community designed for relaxation and recreation, this condo offers the perfect blend of comfort, convenience, and carefree coastal living. Whether you're expanding your investment portfolio or searching for your own vacation getaway, this is an opportunity you won't want to miss. Schedule your showing today!

300 SW Miracle Strip Pkwy Unit #3B, Ft Walton Beach

$235,000

3 Beds ⋅ 1 Baths ⋅ 681642 MLS

Don't miss this incredible investment opportunity in a charming 3-bedroom, 1-bathroom home bursting with potential! Featuring a new roof (2019) and updated water heater (2021), the big-ticket items are already handled — just bring your vision and your contractor. Step inside to find a spacious layout with multiple living areas, a large kitchen boasting stainless steel appliances including an LG French door refrigerator, a center island, ample cabinetry, and a rustic wood beam accent overhead. The home offers generous room sizes with built-in shelving throughout, a dedicated dining area, and a sunlit bonus/flex space perfect for a home office or additional living room. Outside, the property truly shines with a sparkling in-ground pool, a covered patio, lush mature landscaping, beautiful azaleas, and a detached storage shed. The home also features solar panels, offering future energy savings that will appeal to any buyer. With solid bones, solar already in place, and cosmetic updates needed, this property is priced to move and ready for its transformation. Whether you're an experienced flipper or a savvy investor adding to your portfolio, this one checks all the boxes

304 NW Oakland Cir, Ft Walton Beach

1100 Crosswinds Lndg Unit #7, Ft Walton Beach

$249,900

3 Beds ⋅ 2 Baths ⋅ 682070 MLS

Welcome to low maintenance living in this charming two story brick corner unit townhome offering 3 bedrooms, 2 bathrooms, and 1,350 square feet of inviting space. With attractive curb appeal and thoughtfully landscaped grounds, this home pairs comfort and convenience in a desirable setting, with the Homeowners Association maintaining the common area and exterior of the building. HOA maintenance includes cleaning and painting of exterior building surfaces, repair and replacement of roofs, siding, masonry, fences and walks, and the irrigation, cutting, pruning and fertilizing of trees, shrubs and grass. Two assigned parking spots are included as well. Inside, soaring ceilings and abundant natural light make the main living area feel bright and spacious, while the fireplace creates a warm focal point for the open living and dining layout. The kitchen overlooks the main living space and features stainless steel appliances, a breakfast bar, recessed lighting, a double sink, and functional flow for everyday living and entertaining. The downstairs bathroom has been stylishly updated with a glass enclosed standing shower and classic subway tile for a fresh, modern touch. Upstairs, the primary suite offers a private retreat complete with a full bath and walk-in closet, while two additional bedrooms provide flexibility for guests, a home office, or growing needs. Major system updates add peace of mind, including a roof that is 3 years old and an HVAC system and hot water heater that are both 6 years old. With its corner unit privacy, open concept design, and move-in ready appeal, this townhome is an exceptional opportunity for easy living, with exterior upkeep and parking already taken care of.

1100 Crosswinds Lndg Unit #7, Ft Walton Beach

909 Santa Rosa Blvd Unit #513, Ft Walton Beach

$359,000

2 Beds ⋅ 2 Baths ⋅ 681448 MLS ⋅ El Matador Condo BLDG.

Experience the best of the Emerald Coast from El Matador #513, a beautifully updated first-floor studio located on the peaceful west end of Okaloosa Island. Tucked away in one of the area’s most established beachfront resorts, this unit offers the perfect combination of personal getaway and income-producing investment. Inside, the bright and open layout comfortably accommodates up to four guests and features newer LVP flooring in the Kitchen Living and Dining areas and ceramic tile in the bedrooms and bathrooms. The updated kitchen is well-appointed with stainless steel appliances, granite countertops, newer cabinetry, pantry storage, and a stylish tile backsplash. The inviting living area flows seamlessly to sliding glass doors that open onto a spacious private patio—ideal for outdoor dining and relaxing after a day at the beach. Offered fully furnished and turnkey, this well-maintained unit is currently used as a short-term rental and is booked for a large portion of the year already. With strong vacation demand on Okaloosa Island, it presents an excellent opportunity for buyers seeking a low-maintenance coastal investment. El Matador is an 11-acre gated beachfront community bordering the pristine Gulf Islands National Seashore, providing a rare natural backdrop and preserved coastline. Residents and guests enjoy private beach access, two swimming pools (one heated), tennis, pickleball and basketball courts, fitness center, sauna, hot tub, grilling and picnic areas, and 24-hour gated security with onsite management. Conveniently located just minutes from dining, marinas, and entertainment in Fort Walton Beach and Destin—and within driving distance of major southeastern cities—this is coastal living at its finest. Its Also Conveniently located just 15–20 minutes from Destin–Fort Walton Beach Airport (VPS) and Approx 45 Minutes to Pensacola International Airport.

909 Santa Rosa Blvd Unit #513, Ft Walton Beach

909 Santa Rosa Blvd Unit #114, Ft Walton Beach

$289,000

1 Beds ⋅ 1 Baths ⋅ 679382 MLS ⋅ El Matador Condo BLDG.

Welcome to the gated beachside community of El Matador, known for offering some of the most privacy and tranquility of any complex on the island. This charming 1-bedroom, 1-bathroom condo is the perfect retreat for snowbirds, a relaxing vacation home, or a strong rental investment opportunity. Inside, you’ll find a comfortable and inviting space designed for easy coastal living. Step out onto your private balcony overlooking the peaceful courtyard—an ideal spot to enjoy morning coffee, read a book, or unwind after a day at the beach. Residents and guests enjoy a wide range of resort-style amenities designed for both relaxation and recreation. The community features two swimming pools, tennis courts, a basketball court, whirlpools, a sauna, and a state-of-the-art fitness center, creating a true resort-like experience right at home. Beyond the gates, the location offers convenient access to some of the area’s most popular attractions and outdoor adventures. Spend your days enjoying parasailing, wave runners, deep-sea fishing, or visiting the nearby marine life park. You’ll also be just minutes from the area’s finest restaurants, shopping centers, movie theaters, grocery stores, and several renowned professional golf courses. Whether you’re looking for a peaceful coastal getaway or a property with excellent rental potential, this inviting condo offers the perfect blend of comfort, privacy, and location.

909 Santa Rosa Blvd Unit #114, Ft Walton Beach

1114 Santa Rosa Blvd Unit #309, Ft Walton Beach

$489,900

2 Beds ⋅ 2 Baths ⋅ 675065 MLS ⋅ Sea Oats BLDG.

Experience coastal living on Okaloosa Island in Fort Walton Beach in this fully furnished, beautifully remodeled and updated 2 bedroom, 2 bathroom condo in the Gulf front - Sea Oats Condominiums. Offering a heated community pool, hot tub, tennis courts, exercise room, private beach access, and more! Located just minutes from local Fort Walton Beach attractions such as the Okaloosa Island Pier, Gulfarium, and tons of shopping, dining and entertainment spots! Located on the 3rd floor, this entire unit has been updated and is move-in-ready. The kitchen features upgraded shaker-style cabinets and beautiful granite countertops - with a breakfast bar looking out into the dining and living areas, and your very own private balcony! Just off the living room is the primary suite with newly remodeled ensuite - featuring a gorgeous, cultured marble walk-in shower. Perfect for a spa-like retreat after a day on the beach! Both bathrooms have also been upgraded with matching granite countertops and new cabinetry. Whether you're looking for a new primary residence or investment property - this is a fantastic opportunity to own a little piece of paradise!

1114 Santa Rosa Blvd Unit #309, Ft Walton Beach

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