Sunset Strip
Homes for Sale in Fort Walton Beach, FL
All 414 homes for sale in Fort Walton Beach, FL · median $398,000 · 149 homes for sale in 32547 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 2026, Sunset Strip in Fort Walton Beach, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $378,000, a median 7 days on market, sellers accepting 97% of original asking (-42% versus the prior year). Homes listed or recently sold were built 1974–2025 with 1 new construction; 1 of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 16 ft). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,870 ($4,370 with the full homestead exemption).
| Location | Fort Walton Beach, Okaloosa County, FL · ZIP 32547, 32548 |
|---|---|
| Homes in the community | 85 (FL DOR 2025 assessment roll) |
| Years built | 1959–2024 (median 1975) |
| Typical living area | 2,024 sq ft (median) |
| Sale prices, last 12 months | $378,000 median across 3 closed sales · -41.8% vs the prior 12 months |
| Days on market (closed sales) | 7 median |
| For sale right now | 1 active, 0 pending · median asking $1,300,000 · 4.0 months of supply |
| Owner-occupied (homestead) share | 72% |
Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “SUNSET STRIP key facts,” movewithmomentum.com/neighborhoods/sunset-strip, data as of September 20, 2026.
Price in Sunset Strip is driven by condition and the specific home far more than by any neighborhood premium. With a build range running from 1923 to 2024 and a median vintage of 1975, you are buying into a genuine mix — original mid-century stock alongside newer construction — and what you pay tracks how much work a given house needs. The median sits at $378,000 on roughly 2,022 square feet, but treat that as a midpoint across a wide spread, not a going rate.
The posture right now is fast and thin. Median days on market is 7, and there is a single active listing against 140 homes, so inventory is scarce and well-priced homes move quickly. The year-over-year median is down 41.8%, but that figure rests on only three closings in the window — with a sample that small, mix (which specific homes happened to sell) explains the swing more than any broad decline. Sellers should price to the recent comps that fit their home; buyers should be ready to act when the right one lists.
Sunset Strip right now
🟡 Balanced market. 4.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 20, 2026. Confidence: Low (1 active and pending listings, 3 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($378K) is down 41.8% from the prior 12 months ($650K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Emerald Coast MLS closed sales, 12-month windows ending September 20. Confidence: Low (3 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Sunset Strip market snapshot (as of September 20, 2026): the median sale price is about $378K, a median 7 days on market for closed sales, and 4.0 months of supply, a balanced market. The trailing-12-month median is down 42% from the prior 12 months, computed from record-level Emerald Coast MLS closed sales (3 closings in the current window).
In ZIP 32547 (Fort Walton Beach), 385 homes closed in the last 12 months at a median of $337K ($136/sq ft), up 12.1% year over year, with a median 38 days on market. Right now 107 active and 39 pending listings put supply at about 4.0 months — a healthy market. See the live ZIP 32547 housing market and the Okaloosa County market.
County records show 7 qualified sales in SUNSET STRIP across 2024–2025 (3 in 2024, 4 in 2025), median $378,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Sunset Strip is a community of 85 homes in Fort Walton Beach, Okaloosa County, built between 1959 and 2024 (median 1975), with a median living area of about 2,024 square feet. 72% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Sunset Strip is a small, established pocket in Fort Walton Beach with about 140 homes and an owner-occupied share near 67%, meaning turnover is limited and listings are episodic rather than steady.
The setting & the homes.
Aerial and on-site photos of Sunset Strip. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Sunset Strip
Sunset Strip
Sunset StripPhotos from Emerald Coast MLS listings in Sunset Strip; content deemed reliable but not guaranteed.
Who Sunset Strip is best for.
Best for
- Owner-occupants planning to stay put who can wait for the right listing to appear
- Buyers comfortable evaluating an older home on its condition and budgeting for updates
- Decisive buyers with financing ready who can act inside a roughly one-week window
Probably not for
- Buyers who need a wide menu of homes to tour on demand
- Investors seeking steady turnover and rental churn
- Anyone who wants uniform, newer construction with predictable pricing
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($378K) IS the median in the snapshot above, and the move from 2025 ($650K) IS the -41.8% one-year change.
Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Okaloosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Okaloosa County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
26% of homes for sale in ZIP 32547 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-02).
Sunset Strip Market Scorecard
Sunset Strip is currently a balanced market. About 4.0 months of supply, a median asking price of $1,300,000, and homes go under contract in about 238 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in SUNSET STRIP, Fort Walton Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Sunset Strip
Live MLS inventory for Sunset Strip. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Sunset Strip listings as of 2026-10-01, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Every Home for Sale in Sunset Strip Right Now (1)
All 1 active and pending Sunset Strip listings with a detail page, newest first, refreshed twice a day from the MLS.
- 640 W Sunset Boulevard · $1,300,000 · 5 bd / 4.5 ba · listed Jul 2, 2026 · listed by Legendary Realty LLC
Sunset Strip on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Wright · Elementary
- Pryor · Middle
- Choctawhatchee · High
Zoned schools reflect the assignments reported on recent Sunset Strip listings and can change; always confirm with Okaloosa County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Sunset Strip address.
Shop the zone: Homes zoned for Choctawhatchee High School
The Sunset Strip buying strategy.
If we were buying in Sunset Strip today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Sunset Strip.
A condition-driven pocket, not a spec-built tract
The century-wide build range is the whole story here. A 1975 median year built tells you the core of the neighborhood is mid-century, but scattered new construction through 2024 means two homes on the same block can be very different products. That makes generalizing about price unwise — you evaluate each house on its bones, its updates, and its lot rather than assuming a per-square-foot rule holds across the community.
With homestead occupancy near 67% and only one home currently active, this is a hold-and-live neighborhood more than an investor churn. Expect to wait for the right listing rather than choose from a shelf. When one surfaces in good condition, the 7-day median days on market says it will not sit.
The location and the amenities are priced into every listing in Sunset Strip. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Sunset Strip buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (5.3). Basis: Recent Direction -41.8% year-over-year; Liquidity & Demand 4.0 months of supply; Owner Commitment 72% owner-occupied; Pricing Power 97.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a neighborhood this small with this few recent trades, the headline median tells you almost nothing about your specific house. We work the comps that actually match your home's age, size, and condition, and because well-priced listings here move in about a week, we prepare buyers to move decisively and sellers to price against the right handful of sales rather than a broad average.
Sunset Strip in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Sunset Strip buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Sunset Strip sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Sunset Strip, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Sunset Strip home worth?
Get a no-obligation home value based on real comparable sales in Sunset Strip, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Fort Walton Beach →
Frequently Asked Questions
What is the median home price in Sunset Strip?
How long do homes in Sunset Strip take to sell?
Is Sunset Strip a buyer's or seller's market right now?
How many homes are in Sunset Strip?
What share of Sunset Strip is owner-occupied?
When were the homes in Sunset Strip built?
Who is the best real estate agent for Sunset Strip?
How do I find a top Fort Walton Beach real estate agent who knows Sunset Strip?
Can Momentum Realty connect me with an agent for Sunset Strip?
Where is Sunset Strip, and what county is it in?
Should you buy in Sunset Strip?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32547/32548)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1994 (39 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how SUNSET STRIP fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Sunset Strip
- Home values · What homes in Sunset Strip actually sell for
Nearby Communities
Explore more neighborhoods near Sunset Strip with Momentum Realty’s local guides.