Caribbean Village East
Homes for Sale in Niceville, FL
All 150 homes for sale in Niceville, FL · median $487,000 · 156 homes for sale in 32578 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
Homes listed or recently sold were built 1982–1984; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 53 ft). As of November 2026, the MLS records 1 closed sale in Caribbean Village East 3 in Niceville, FL, the most recent in September 2026. Across Niceville as a whole, 61 homes closed in the last 12 months at a median of $519,000, 26 median days on market, with 152 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $6,690 ($6,180 with the full homestead exemption).
Price here is driven by condition and square footage, not by amenities or newness. With a median build year of 1982 and a range stretching from 1978 to 2006, you are buying into an established pocket where the delta between an updated home and one that needs work is the whole story. The median sits at $441,500 on roughly 2,230 square feet, which tells you these are substantial homes on established lots — the number reflects space, not shine.
At a median 55 days on market, this is a measured market, not a frenzy. Sellers should price to condition and expect a real marketing window rather than a bidding war; buyers have room to inspect, negotiate, and walk if the bones don't hold up. With only 4 closings in the window, comps are thin, so pricing leans on judgment as much as data.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside CARIBBEAN VILLAGE EAST 3 right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Caribbean Village East 3 is a small, established Niceville enclave of about 155 homes in Okaloosa County, where a high homestead share — roughly three-quarters owner-occupied — signals a stable, lived-in street rather than a rental-heavy turnover market.
Emerald Coast MLS sales records identify 63 homes in CARIBBEAN VILLAGE EAST that have changed hands since 2001, built between 1980 and 2005 (median 1983), with a median living area of about 1,980 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Caribbean Village East. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Caribbean Village East
Caribbean Village East
Caribbean Village East
Caribbean Village EastPhotos from Emerald Coast MLS listings in Caribbean Village East; content deemed reliable but not guaranteed.
Who Caribbean Village East is best for.
Best for
- Long-hold buyers who want more square footage and are comfortable in an established, owner-occupied community
- Buyers with a renovation budget willing to trade updates for space and a stable street
- Anyone who values a low-turnover, non-rental-heavy setting over shared amenities
Probably not for
- Buyers who need a full amenity package like a pool or clubhouse
- Anyone wanting brand-new construction with no age or systems risk
- Buyers on a tight timeline who need deep, recent comps to price with confidence
The market around Caribbean Village East
Caribbean Village East is too small for its own price trend, so here is the market around it.
In ZIP 32578, 224 homes are on the market and 30% are under contract — a steady corner of Niceville.
Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).
In ZIP 32578 (Niceville), 61 homes closed in the last 12 months at a median of $519K, with a median 26 days on market. Right now 25 active and 16 pending listings. See the live ZIP 32578 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Caribbean Village East specifically. Momentum Research analysis of MLS records.
Caribbean Village East 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 contributors.
The Caribbean Village East buying strategy.
If we were buying in Caribbean Village East 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 Caribbean Village East.
Space over shine
The defining trait here is size on an established footprint. A median near 2,230 square feet is generous, and with construction spanning 1978 to 2006 you'll find a mix of original-era homes and later builds within the same community. That spread means two houses at similar asking prices can be worlds apart on updates, roof age, and systems — so the inspection matters more than the listing photos.
With homestead occupancy near 75 percent, this reads as a long-hold community where turnover is limited. That stability is a feature for anyone planning to stay, but it also means inventory is tight and the 4-closing window keeps comps sparse. No community amenities were identified from current MLS listings, so value lives in the house and the location, not shared facilities.
The location and the amenities are priced into every listing in Caribbean Village East. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a thin-comp, condition-driven market like this, the median tells you almost nothing about the specific house in front of you. We price and negotiate off bones — roof, systems, updates against build era — and we'll tell you plainly when a $441,500 listing is really a project, and when it's a keeper. With only a handful of recent closings to lean on, local read matters more than a formula.
Caribbean Village East in 15 seconds.
Tools for a Caribbean Village East 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 Caribbean Village East sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Caribbean Village East, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Caribbean Village East home worth?
Get a no-obligation home value based on real comparable sales in Caribbean Village East, 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 Niceville →
Should you buy in Caribbean Village East?
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: November 11, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (1 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.
Recent Developments in Caribbean Village East 3
Development, infrastructure, retail, and school activity affecting Caribbean Village East 3, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
TJ Maxx to open 33,865-square-foot Destin store Nov. 1 at Paradise Key
The off-price retailer opens at 4437 Commons Drive East with a grand opening from 8 a.m. to 8 p.m. on Nov. 1. Regular hours run 9:30 a.m. to 9:30 p.m. daily, and the store sells apparel, accessories, jewelry, and home and beauty goods.
What it may mean for the marketA new national off-price anchor adds everyday shopping close to Destin's commercial corridor and may shorten trips for retail needs. The project is about 10 miles south of Caribbean Village East 3, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Retail & Dining
7 Brew drive-thru coffee stand opens on Beal Parkway in Fort Walton Beach
The stand at 799 Beal Parkway opened Oct. 19 and is the chain's second in Fort Walton Beach. It is expected to add 75 local jobs, and an opening fundraiser raised $4,661 for an equine therapy nonprofit.
What it may mean for the marketA new drive-thru option along Beal Parkway adds early-morning and late-night food and beverage access and about 75 jobs nearby. The project is about 10 miles southwest of Caribbean Village East 3, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Infrastructure
Okaloosa outlines Gap Creek drainage projects and permitting hurdles in Fort Walton Beach
County staff described five stormwater efforts, including the Overbrook drainage work, a planned 2.67-acre Sylvania Heights stormwater park estimated at $4 million, and Lloyd Street and Mayflower Avenue improvements expected to go to bid in early 2027. Air Force environmental review and state and Army Corps permits for dredging complicate the timeline.
What it may mean for the marketPlanned drainage upgrades could reduce flooding exposure in the Gap Creek basin over time, though permitting delays mean relief is likely several years out. The project is about 11 miles southwest of Caribbean Village East 3, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Parks & Amenities
Okaloosa and Cinco Bayou open upgraded boat ramp with new trailer parking
Okaloosa County and the Town of Cinco Bayou held a ribbon cutting for upgraded boat ramp facilities, including 16 new boat trailer parking spaces, a new restroom and landscaping. The $4.1 million total, funded largely by tourism development funds, also covers the $2.95 million purchase of a former bank building at 198 Eglin Parkway NE. Future dock improvements are planned.
What it may mean for the marketAdded trailer parking and ramp access improve waterfront recreation access for Fort Walton Beach area boaters. The project is about 10 miles southwest of Caribbean Village East 3, elsewhere in Okaloosa County.
Source: Get The Coast - September 2026Parks & Amenities
Destin and Okaloosa County agree on management of 4-acre Holiday Isle state park
Destin and Okaloosa County unanimously agreed to back Destin as manager and developer of the roughly four-acre state-acquired park on Holiday Isle near Norriego Point. In return, Destin council voted 5-2 to offer free parking to all Okaloosa County residents at city-owned lots and parks. The deal still requires state Board of Trustees and DEP review.
What it may mean for the marketManagement of the Holiday Isle park and city parking rules will affect public waterfront access and parking in Destin. The project is about 9 miles south of Caribbean Village East 3, elsewhere in Okaloosa County.
Source: Get The Coast - June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 1 mile west of Caribbean Village East 3.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how CARIBBEAN VILLAGE EAST 3 fits the bigger picture — live prices, inventory, and Momentum Scores: