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, where coastal charm meets vibrant community living. Known for its stunning white-sand beaches and crystal-clear emerald waters, Fort Walton Beach is not just a destination; it’s a lifestyle. Whether you’re seeking a serene retreat or an active lifestyle filled with outdoor adventures, this city has something for everyone.

Fort Walton Beach boasts a rich history and a welcoming atmosphere, making it an ideal place to call home. The city is brimming with family-friendly parks, delightful dining options, and a variety of shopping experiences. Enjoy a stroll along the scenic waterfront, indulge in fresh seafood at local eateries, or explore the fascinating marine life at the Gulfarium Marine Adventure Park.

For those considering a move to this idyllic locale, you’ll be pleased to discover that there are beautiful homes available for under $500,000. From charming single-family residences to modern townhomes, the real estate market in Fort Walton Beach offers a diverse selection of properties to suit all tastes and budgets. Imagine waking up to the sound of waves gently lapping the shore, with the beach just minutes from your doorstep.

With a strong sense of community and a plethora of recreational activities, Fort Walton Beach is not just a place to live; it’s a place to thrive. Discover your dream home in this coastal paradise, where life is a little sweeter, and the sunsets are simply breathtaking. Come experience the best of Florida living in Fort Walton Beach!

Newest Fort Walton Beach Homes under $500,000

938 Claeven Circle Ft, Fort Walton Beach
$325,900
3 Beds ⋅ 2 Baths ⋅ 1013377 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
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
$295,000
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
770 Sundial Court, Unit 104, Fort Walton Beach
$348,950
1 Beds ⋅ 2 Baths ⋅ 1013173 MLS
BEACHFRONT living on beautiful Okaloosa Island! This well-cared-for, updated, and FULLY FURNISHED, TURN-KEY 1-bedroom condo with bunks offers the perfect combination of comfort, convenience, and income-producing potential--just steps from the sugar-white sand and emerald waters of the Gulf. Currently operating as a popular vacation rental that stays consistently booked throughout the year, this unit offers projected annual rental income of approximately $45,000-55,000, making it an excellent opportunity for buyers looking for both a beach retreat and investment property. Located on the first floor with no stairs or elevators needed, the condo comfortably sleeps six with a king-size bed, built-in bunk setup, and sleeper sofa with an upgraded mattress. Inside, you'll find new luxury vinyl plank flooring, an updated kitchen and bathrooms with modern finishes, a fully stocked kitchen, and an additional sink in the bunk area--an especially convenient feature when hosting family and guests. Two storage units provide additional space for beach gear and owner belongings. Milestone and SIRS Inspections Complete! Emerald Isle Resort has undergone more than $4.5 MILLION in recent renovations, with associated special assessments already paid by the owners. Recent improvements include extensive building renovations, a resurfaced parking lot, refreshed pool furnishings, and an updated grilling and picnic area. Resort-style amenities include private beach access, a Gulf-front pool heated during the cooler months, tennis and pickleball court, grilling and picnic areas, beach service available for owners and guests, and a community clubhouse/party room available for owners to reserve for gatherings and special occasions. The property also offers six conveniently located laundry rooms with multiple washers and dryers, one reserved parking space, and ample overflow parking. Located on sought-after Okaloosa Island, you'll enjoy a quieter, more relaxed coastal setting while remaining just minutes from Destin. The Okaloosa Island Pier, restaurants, ice cream, entertainment, and local attractions are just a short walk or drive away. Whether you're searching for a turn-key vacation rental, personal beach getaway, or a little of both, this condo offers the opportunity to own an income-producing slice of paradise just steps from the Gulf!

770 Sundial Court, Unit 104, Fort Walton Beach
704 Ferguson Dr Unit 6, Fort Walton Beach
$337,000
4 Beds ⋅ 3 Baths ⋅ 1013137 MLS
New Construction! Builder is offering to pay for 2-1 buy down rate reducing interest rate by 2% in year 1 & 1% in year 2 + $5,000 towards buyers closing costs with full price offer for qualified buyer using builder's preferred lender. This equates to $13,000 in anyway money! 2-10 Builder Warranty & Termite Bond. INTERIOR UNIT. This is only 1 of the units available with 4 interior finishes to choose from. Luxury Vinyl Plank throughout. Upstairs enjoys 4 bedrooms, 2 full guest bathrooms, 1 of which is an on-suite bath for primary, & laundry room. Quartz counters in all baths with modern finishes. Downstairs foyer leads to ½ bath, kitchen w/ breakfast peninsula & Stainless Appliances to include side by side refrigerator, Self-Cleaning Convection Stove, built-in microwave/range hood & dishwasher. Kitchen has quartz counters & on trend tiled backsplash. Kitchen opens to the living & dining room. Elevated lighting & mirrors finish off the home. Back door leads to privately fenced backyard with a gate which opens to a water retention area brilliantly used as an unofficial dog park for owners. Apoxy Sealed Garage Flooring for a final touch.

704 Ferguson Dr Unit 6, Fort Walton Beach
1515 Se Miracle Strip Pkwy Unit 205, Fort Walton Beach
$444,777
1 Beds ⋅ 2 Baths ⋅ 1013117 MLS
Enjoy Gulf views from this second-floor condo at Destin West Beach & Bay Resort. Unit 205 is located in the Gulfside building with direct beach access. The private balcony overlooks the main pool toward the Gulf. The building's structural integrity reserve study is complete, with no current or approved special assessments as of the listing date. The condo features one bedroom, a separate bunk area and two full baths, with accommodations for up to six guests. Sleeping arrangements include a king bed in the primary bedroom, built-in bunks and a sleeper sofa. The primary bedroom features a tray ceiling. One bathroom has a tub and shower, while the second offers a walk-in shower. The unit is being sold furnished, including kitchenware, with limited exclusions. A new sofa, loveseat and patio furniture were added in 2026, and the HVAC system was replaced in 2022. Owners and guests enjoy amenities on both sides of the resort. Gulfside features a pool, hot tub and fitness center, while the third-floor skybridge provides access to the Bayside lazy river and pools. Altogether, the resort offers five pools, three hot tubs, a zero-entry lazy river and covered garage parking. Short-term rentals are permitted, and the condo is currently professionally managed.

1515 Se Miracle Strip Pkwy Unit 205, Fort Walton Beach
339 Nw Barbara Dr, Fort Walton Beach
$295,000
3 Beds ⋅ 2 Baths ⋅ 1006986 MLS
Single story ranch home off Wright Pkwy. Storage shed under carport for extra storage. Large back yard and tons of parking!

339 Nw Barbara Dr, Fort Walton Beach
631 Manchester Rd, Fort Walton Beach
$439,900
5 Beds ⋅ 3 Baths ⋅ 1013075 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 min utes 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, Fort Walton Beach
11 Tanglewood Circle Ft, Fort Walton Beach
$375,000
3 Beds ⋅ 2 Baths ⋅ 1011301 MLS
Welcome to 11 Tanglewood Circle, a beautifully updated three-bedroom home in the established Tanglewood subdivision. Freshly painted and featuring a new roof (2026), this move-in-ready home offers tile flooring throughout and a layout designed for comfortable everyday living. The inviting living room showcases a vaulted ceiling and fireplace, creating a bright, welcoming space. The spacious eat-in kitchen includes granite countertops, a pantry, and ample cabinet storage. The primary suite features dual walk-in closets and a private bath with double vanities, garden tub, and skylight for natural light. Conveniently located near Hurlburt Field and Eglin AFB, with easy access to shopping, dining, and schools, this updated Tanglewood home blends modern comfort with a prime location. Schedule your private showing today--homes like this don't last!

11 Tanglewood Circle Ft, Fort Walton Beach
2 Nw Cinderell Ln Unit A, Fort Walton Beach
$205,000
2 Beds ⋅ 2 Baths ⋅ 1013016 MLS
2 bedroom, 1.5 bath attached townhome in Azalea Gardens. Built 1993, approximately 1,135 sq ft. Convenient Fort Walton Beach location. Sold as-is. Buyer to verify all information.

2 Nw Cinderell Ln Unit A, Fort Walton Beach
233 Nw Pleasant St, Fort Walton Beach
$399,000
4 Beds ⋅ 2 Baths ⋅ 1013010 MLS
HOME WARRANTY PROVIDED AT CLOSING! Life on Pleasant St? We think you're going to find it pretty pleasant. 😉 Trendy updates, newer systems, charming character, and a corner-lot location beside a cul-de-sac--this 4-bedroom, 2-bath home has a lot to smile about! From the moment you step inside, you'll notice the warm, inviting design featuring neutral tones, wood accents, crisp white details, and fun tile touches that give this home plenty of personality. The open floor plan makes everyday living and entertaining a breeze, while the flexible 4th bedroom can easily double as a spacious bonus room, home office, playroom, or guest space. The kitchen is where modern style meets original charm, featuring stainless steel appliances, beautiful white quartz countertops, and an exposed brick base on the peninsula--a perfect little nod to the character of the home. And the big-ticket updates? Already checked off the list: 2020 roof, 2024 HVAC, 2026 water heater, and updated white vinyl windows. Plus, most furnishings convey, making moving in feel almost as easy as falling in love with the place. Situated on a corner lot next to a cul-de-sac and just a short stroll to the neighborhood park, this home offers a peaceful setting without sacrificing convenience. Walmart and Sam's Club are only 5 minutes away, Downtown Fort Walton Beach and the beach are approximately 10 minutes away, and Hurlburt Field and Eglin Air Force Base are about 15 minutes away. So, is life on Pleasant St actually pleasant? Come see for yourself.

233 Nw Pleasant St, Fort Walton Beach
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