Momentum Housing Data · Home Values · Okaloosa County

WATERS EDGE Home Values: What Homes Actually Sell For

Buying here? See Waters Edge homes for sale and the Waters Edge community guide (Fort Walton Beach).

WATERS EDGE (Fort Walton Beach, FL): 3 recorded closings in the 12 months ending 2026-07-25, an 8-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

In the current window, sellers accepted a median 97.3% of original asking; the median sale took 26 days (window ending 2026-07-25).

The 8-year recorded price history

Over the recorded series, WATERS EDGE’s median sold price moved from $335,000 (2014) to $910,000 (12 months ending 2026-07-25) — +172% over that span, with every year’s figure from recorded closings, not a model.

The last decade in WATERS EDGE, briefly

The recorded series starts in 2014 at $335,000. Annual sales volume here has ranged from 0 to 7 closings a year (10-yr average 3.4). With roughly 3.4 closings a year, WATERS EDGE’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

What actually trades here: 95% condominium, 5% detached single-family in the current window.

The WATERS EDGE housing stock, from the live feed

From the live MLS feed as of 2026-07-25: The homes listed or recently sold were built between 2001 and 2002 (median 2002); 3 of 3 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 13 ft; the features listings here most often name are BBQ Pit/Grill, Elevators, Pool, TV Cable, Waterfront and Short Term Rental - Allowed. See the current WATERS EDGE listings →

At WATERS EDGE’s $910,000 median and Okaloosa County’s adopted 12.89 mills (FY2025-26), a home assessed at that price carries roughly $11,730 a year in property tax before exemptions, or about $11,230 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Okaloosa County tax page.

Selling in WATERS EDGE right now: what the record says

Current asking prices run a median $725,000 against the $910,000 recorded sold median (-20%) — the gap between what sellers hope and what the record shows.

Cash bought 0% of recorded WATERS EDGE sales in the window ending 2026-07 (0 of 3) — a fact worth knowing before assuming every buyer needs an appraisal to close. Asking prices here currently sit -20% under the recorded sold median — sellers are pricing to move, and the closed record above is the number a buyer's appraiser will see.

How WATERS EDGE compares with its neighbors

Communities buyers shopping WATERS EDGE are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

More WATERS EDGE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures