Luxury Homes for Sale in Fort Walton Beach, FL

The luxury market in Fort Walton Beach starts at $1,000,000. This page is every active listing at that level, refreshed nightly from the MLS, with what has actually closed, where the inventory sits and how long it takes to sell. For the wider picture see luxury communities in Okaloosa County.

25 luxury homes are for sale in Fort Walton Beach, FL at $1,000,000 and up — median asking $1,235,000, the top listing at $1,949,000. 10 homes closed above $1,000,000 in the last 12 months at a median of $1,424,500. 88% of the luxury inventory is waterfront. Median days on market: 119.

Newest luxury listings in Fort Walton Beach

153 NW Beal Parkway, luxury home for sale in Fort Walton Beach
$1,550,000 New
4 bd · 3 ba · built 1972
153 NW Beal Parkway, 32548
Bayou S/D
Listing courtesy of Levin Rinke Realty
858 Scallop Court #406, luxury home for sale in Fort Walton Beach
$1,500,000
3 bd · 3 ba · built 2019
858 Scallop Court #406, 32548
Blu
Listing courtesy of Cindy Cole Fine Homes LLC
1111 Santa Rosa Boulevard #409, luxury home for sale in Fort Walton Beach
$1,400,000
4 bd · 3 ba · built 2003
1111 Santa Rosa Boulevard #409, 32548
Summer Place
Listing courtesy of RE/MAX by the Sea
631 Pelican Drive, luxury home for sale in Fort Walton Beach
$1,265,000
5 bd · 3 ba · built 2002
631 Pelican Drive, 32548
Santa Rosa Island
Listing courtesy of Coldwell Banker Realty
858 Scallop Court #Unit 507, luxury home for sale in Fort Walton Beach
$1,699,000
4 bd · 3 ba · built 2019
858 Scallop Court #Unit 507, 32548
Blu
Listing courtesy of Scenic Real Estate
1150 Santa Rosa Boulevard #Unit 214, luxury home for sale in Fort Walton Beach
$1,060,000
3 bd · 3 ba · built 2005
1150 Santa Rosa Boulevard #Unit 214, 32548
Azure
Listing courtesy of Keller Williams Realty Destin
858 Scallop Court #Unit 101, luxury home for sale in Fort Walton Beach
$1,579,000
4 bd · 3 ba · built 2019
858 Scallop Court #Unit 101, 32548
Blu
Listing courtesy of Scenic Real Estate
8 NE Yacht Club Drive, luxury home for sale in Fort Walton Beach
$1,500,000
4 bd · 3.5 ba · built 2026
8 NE Yacht Club Drive, 32548
Yacht Club Cove
Listing courtesy of ERA American Real Estate
157 Monahan Drive, luxury home for sale in Fort Walton Beach
$1,159,900
7 bd · 6 ba · built 1969
157 Monahan Drive, 32547
Bella Vista
Listing courtesy of LoKation
149 Eldredge Road, luxury home for sale in Fort Walton Beach
$1,690,000
5 bd · 4 ba · built 1997
149 Eldredge Road, 32547
Mooneys North S/D
Listing courtesy of EXP Realty LLC
286 Kidd Street #1, luxury home for sale in Fort Walton Beach
$1,149,000
3 bd · 2.5 ba · built 2026
286 Kidd Street #1, 32548
Cinco Trace
Listing courtesy of Southern Ventures
286 Kidd Street #3, luxury home for sale in Fort Walton Beach
$1,149,000
3 bd · 2.5 ba · built 2026
286 Kidd Street #3, 32548
Cinco Trace
Listing courtesy of Southern Ventures
1150 Santa Rosa Boulevard #305, luxury home for sale in Fort Walton Beach
$1,100,000
3 bd · 3 ba · built 2005
1150 Santa Rosa Boulevard #305, 32548
Azure
Listing courtesy of Compass
519 Dorado Avenue, luxury home for sale in Fort Walton Beach
$1,145,000
4 bd · 3 ba · built 1968
519 Dorado Avenue, 32548
Santa Rosa Island
Listing courtesy of Keller Williams Realty FWB
738 Starfish Avenue, luxury home for sale in Fort Walton Beach
$1,399,000
8 bd · 5.5 ba · built 2015
738 Starfish Avenue, 32548
Santa Rosa Island
Listing courtesy of Coldwell Banker Realty
228 Lafitte Crescent, luxury home for sale in Fort Walton Beach
$1,750,000
6 bd · 3.5 ba · built 1976
228 Lafitte Crescent, 32547
Bayou Vista
Listing courtesy of Coldwell Banker Realty
144 Monahan Drive, luxury home for sale in Fort Walton Beach
$1,100,000
4 bd · 3.5 ba · built 1947
144 Monahan Drive, 32547
Bella Vista S/D
Listing courtesy of ERA American Real Estate
1150 Santa Rosa Boulevard #414, luxury home for sale in Fort Walton Beach
$1,069,000
3 bd · 3 ba · built 2005
1150 Santa Rosa Boulevard #414, 32548
Azure
Listing courtesy of RE/MAX Coastal Properties
926 Whelk Court #B, luxury home for sale in Fort Walton Beach
$1,235,000
4 bd · 3.5 ba · built 1993
926 Whelk Court #B, 32548
Island Mist
Listing courtesy of Keller Williams Realty FWB
926 Whelk Court #A, luxury home for sale in Fort Walton Beach
$1,225,000
4 bd · 3.5 ba · built 1993
926 Whelk Court #A, 32548
Island Mist
Listing courtesy of Keller Williams Realty FWB
506 Amelia Street, luxury home for sale in Fort Walton Beach
$1,100,000
3 bd · 2 ba · built 1973
506 Amelia Street, 32547
BEG 896 Ft S OF NW COR
Listing courtesy of Coastal Realty Services
423 Caviar Drive, luxury home for sale in Fort Walton Beach
$1,949,000
5 bd · 4 ba · built 1971
423 Caviar Drive, 32548
Santa Rosa Island
Listing courtesy of EXP Realty LLC
640 W Sunset Boulevard, luxury home for sale in Fort Walton Beach
$1,300,000
5 bd · 4.5 ba · built 2000
640 W Sunset Boulevard, 32547
Sunset Strip
Listing courtesy of Legendary Realty LLC
1150 Santa Rosa Boulevard #Unit 113, luxury home for sale in Fort Walton Beach
$1,095,000
3 bd · 3 ba · built 2005
1150 Santa Rosa Boulevard #Unit 113, 32548
Azure
Listing courtesy of World Impact Real Estate
111 Troy Circle, luxury home for sale in Fort Walton Beach
$1,225,000
6 bd · 4.5 ba · built 2004
111 Troy Circle, 32547
Kenwood S/D
Listing courtesy of Coldwell Banker Realty

The most expensive homes for sale in Fort Walton Beach

ListingAskingSq ft$ / sq ftCommunity
423 Caviar Drive$1,949,000Santa Rosa Island
228 Lafitte Crescent$1,750,000Bayou Vista
858 Scallop Court #Unit 507$1,699,000Blu
149 Eldredge Road$1,690,000Mooneys North S/D
858 Scallop Court #Unit 101$1,579,000Blu
153 NW Beal Parkway$1,550,000Bayou S/D
858 Scallop Court #406$1,500,000Blu
8 NE Yacht Club Drive$1,500,000Yacht Club Cove
1111 Santa Rosa Boulevard #409$1,400,000Summer Place
738 Starfish Avenue$1,399,000Santa Rosa Island

Where the luxury inventory is

CommunityLuxury listingsMedian asking
Azure4$1,082,000
Santa Rosa Island4$1,332,000
Blu3$1,579,000
Island Mist2$1,230,000
Cinco Trace2$1,149,000
Bella Vista1$1,159,900
Kenwood S/D1$1,225,000
Bella Vista S/D1$1,100,000
Summer Place1$1,400,000
Bayou Vista1$1,750,000
Sunset Strip1$1,300,000
Yacht Club Cove1$1,500,000

Luxury inventory by price

BandFor saleShare
$1,000,000–$1,500,0001768%
$1,500,000–$2,000,000832%

How to read this

Luxury is defined here as asking prices at or above $1,000,000. Counts, medians and closings come from active and closed MLS listings as of September 16, 2026; closings are the trailing 12 months. Listings appear courtesy of the listing brokerage under IDX rules; information deemed reliable but not guaranteed. See also all 404 homes for sale in Fort Walton Beach.

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Common questions

How many luxury homes are for sale in Fort Walton Beach?

25 homes are listed at $1,000,000 or more in Fort Walton Beach, FL as of September 16, 2026, with a median asking price of $1,235,000.

What is the most expensive home for sale in Fort Walton Beach?

The highest asking price right now is $1,949,000. The median luxury closing over the last 12 months was $1,424,500.

Which Fort Walton Beach communities have the most luxury listings?

Azure (4), Santa Rosa Island (4), Blu (3), Island Mist (2), Cinco Trace (2), Bella Vista (1).