Waterscape
Condos for Sale in Fort Walton Beach, FL
All 408 homes for sale in Fort Walton Beach, FL · median $396,000 · 280 homes for sale in 32548 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Emerald Coast MLS
As of September 2026, Waterscape in Fort Walton Beach, FL has 10 homes for sale and 1 pending, asking from $574,000 to $874,000 (median $672,500). Over the 12 months ending 2026-09-20, 10 recorded sales closed at a median of $797,500, a median 41 days on market, sellers accepting 97% of original asking (-6% versus the prior year). Homes listed or recently sold were built 2008–2008; 1 of the 17 geocoded homes sit in a FEMA special flood hazard zone (median elevation 23 ft). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $10,280 ($9,770 with the full homestead exemption).
| Location | Fort Walton Beach, Okaloosa County, FL · ZIP 32548 |
|---|---|
| Homes in the community | 35 (FL DOR 2025 assessment roll) |
| Years built | 1965–2003 (median 1970) |
| Typical living area | 2,376 sq ft (median) |
| Home types (current listings and sales) | condos 100% |
| Amenities listed by sellers | Elevators, Exercise Room, Pool, Beach, Deed Access, BBQ Pit/Grill |
| Sale prices, last 12 months | $797,500 median across 10 closed sales · -6.2% vs the prior 12 months |
| Days on market (closed sales) | 41 median |
| For sale right now | 11 active, 0 pending · median asking $675,000 · 13.2 months of supply |
| Owner-occupied (homestead) share | 56% |
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, “WATERSCAPE key facts,” movewithmomentum.com/neighborhoods/waterscape, data as of September 20, 2026.
Last 30 days in Waterscape: 2 new listings (median asking $636,500), 1 under contract right now. As of September 26, 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.
Homes For Sale Right Now in Waterscape
Live MLS inventory for Waterscape. 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 · 63 daysTop listing
Active · 150 daysActive · 18 days
Active · 89 days
Active · 110 days
Active · 104 days
Active · 280 days
Active · 103 days
Active · 368 days
Active · 21 days
Pending · 81 daysActive and pending Waterscape listings as of 2026-09-26, 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 Waterscape Right Now (11)
All 11 active and pending Waterscape listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1110 Santa Rosa Boulevard #A333 · $699,000 · 2 bd / 2.5 ba · listed Sep 3, 2026 · listed by EXP Realty LLC
- 1110 Santa Rosa Boulevard #A430 · $574,000 · 1 bd / 2 ba · listed Aug 31, 2026 · listed by Compass
- 1110 Santa Rosa Boulevard #A112 · $874,000 · 2 bd / 2.5 ba · listed Jul 20, 2026 · listed by Scenic Real Estate
- 1110 Santa Rosa Boulevard #B308 · $875,000 · 2 bd / 2.5 ba · pending · listed Jul 1, 2026 · listed by Scenic Real Estate
- 1110 Santa Rosa Boulevard #A109 · $675,000 · 2 bd / 2.5 ba · listed Jun 27, 2026 · listed by Christies International Real Estate Emerald Coast
- 1110 Santa Rosa Boulevard #B318 · $585,000 · 1 bd / 2 ba · listed Jun 27, 2026 · listed by TruChoice Realty
- 1110 Santa Rosa Boulevard #A421 · $670,000 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by Scenic Real Estate
- 1110 Santa Rosa Boulevard #A415 · $675,000 · 2 bd / 2.5 ba · listed Jun 27, 2026 · listed by Scenic Real Estate
- 1110 Santa Rosa Boulevard #Unit B514 · $867,500 · 2 bd / 2.5 ba · listed Jun 27, 2026 · listed by Christies International Real Estate Emerald Coast
- 1110 Santa Rosa Boulevard #A231 · $600,000 · 2 bd / 2.5 ba · listed Jun 27, 2026 · listed by Keller Williams Realty Destin
- 1110 Santa Rosa Boulevard #B322 · $584,800 · 1 bd / 2 ba · listed Jun 27, 2026 · listed by Scenic Real Estate
Waterscape right now
🟢 Buyer-leaning market. 13.2 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.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: High (11 active and pending listings, 10 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($798K) is down 6.2% from the prior 12 months ($850K) and up 214% since 2012. With about a dozen 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: Medium (10 and 9 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 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
Waterscape market snapshot (as of September 20, 2026): the median sale price is about $798K, a median 42 days on market for closed sales, and 13.2 months of supply, a buyer-leaning market. The trailing-12-month median is down 6% from the prior 12 months and up 214% since 2012, computed from record-level Emerald Coast MLS closed sales (10 closings in the current window).
In ZIP 32548 (Fort Walton Beach), 338 homes closed in the last 12 months at a median of $325K, up 11.9% year over year, with a median 41 days on market. Right now 112 active and 32 pending listings put supply at about 5.0 months — a balanced market. See the live ZIP 32548 housing market and the Okaloosa County market.
Waterscape is a community of 35 homes in Fort Walton Beach, Okaloosa County, built between 1965 and 2003 (median 1970), with a median living area of about 2,376 square feet. 56% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Waterscape. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
WaterscapeWaterscapeWaterscapeWaterscapeWaterscapeWaterscapeWaterscapeWaterscapePhotos from Emerald Coast MLS listings in Waterscape; content deemed reliable but not guaranteed.
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 ($798K) IS the median in the snapshot above, and the move from 2025 ($850K) IS the -6.2% one-year change.
Windows contain 4 to 13 sales each (10 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.
9% of homes for sale in Waterscape 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 (2026-09-27).
WATERSCAPE Market Scorecard
WATERSCAPE is currently a strong buyer's market. About 12.0 months of supply, a median asking price of $672,500, and homes go under contract in about 108 days.
Typical home value in the 32548 ZIP is $336,647, about 6.2% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in WATERSCAPE, 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.
Waterscape 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
- Edwins · Elementary
- Bruner · Middle
- Choctawhatchee · High
Zoned schools reflect the assignments reported on recent Waterscape 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 Waterscape address.
Shop the zone: Homes zoned for Choctawhatchee High School · Homes zoned for Fort Walton Beach High School
The Waterscape buying strategy.
If we were buying in Waterscape 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Waterscape.
A closer look at the Waterscape market
Homes in Waterscape trade around a median of $798K, where condition and lot do more to set the final number than the asking price does.
Inventory runs at 13.2 months of supply, a buyer-leaning market and the trailing-12-month median down 6% year over year. Homes that do trade take a median 42 days on market, useful leverage on any listing that has lingered.
The housing stock is 35 homes built between 1965 and 2003, and 56% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Waterscape. 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 Waterscape 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 5 factors (5.6). Basis: Long-Term Appreciation +214% since 2012; Recent Direction -6.2% year-over-year; Liquidity & Demand 13.2 months of supply; Owner Commitment 56% owner-occupied; Pricing Power 97.2% sale-to-list. Refreshed with each data update.
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 Waterscape 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 Waterscape sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterscape, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterscape home worth?
Get a no-obligation home value based on real comparable sales in Waterscape, 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 Waterscape?
How long do homes in Waterscape take to sell?
Is Waterscape a buyer's or seller's market right now?
How many homes are in Waterscape?
What share of Waterscape is owner-occupied?
When were the homes in Waterscape built?
Have Waterscape home prices gone up?
Who is the best real estate agent for Waterscape?
How do I find a top Fort Walton Beach real estate agent who knows Waterscape?
Can Momentum Realty connect me with an agent for Waterscape?
Where is Waterscape, and what county is it in?
Is Waterscape a good place to live?
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: September 26, 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 (1 streets, ZIP 32548)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2010 (122 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 WATERSCAPE fits the bigger picture — live prices, inventory, and Momentum Scores:
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