Cloverdale Lake
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, the MLS records 19 closed sales in Cloverdale Lake in Fort Walton Beach, FL since 1995, the most recent in November 2025. Across Fort Walton Beach as a whole, 287 homes closed in the last 12 months at a median of $357,612, 39 median days on market, with 99 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,610 ($4,100 with the full homestead exemption).
| Location | Fort Walton Beach, Okaloosa County, FL · ZIP 32547 |
|---|---|
| Homes in the community | 48 (FL DOR 2025 assessment roll) |
| Years built | 1960–2024 (median 1979.5) |
| Typical living area | 2,206 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 67% |
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, “CLOVERDALE LAKE key facts,” movewithmomentum.com/neighborhoods/cloverdale-lake, data as of September 20, 2026.
Cloverdale Lake is a small residential pocket in Fort Walton Beach with no community amenities pulled from current MLS listings, so price here is driven by the homes themselves — condition, layout, updates, and lot — rather than by shared facilities or an HOA amenity package. That puts the burden on individual property quality: an updated, well-kept house should command attention, while a dated one has little else to lean on.
With a limited, amenity-free profile, expect valuation to come down to comparables on a house-by-house basis. Buyers should underwrite each listing on its own merits; sellers should price to condition and recent nearby sales rather than to a community story, because there isn't an amenity narrative doing the selling for you.
Nearby homes for sale
No active listings inside CLOVERDALE LAKE 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
A modest Fort Walton Beach community in Okaloosa County where value tracks the individual home rather than shared amenities — current listings identify none. That makes condition and location the whole conversation.
Emerald Coast MLS sales records identify 14 homes in CLOVERDALE LAKE that have changed hands since 2003, built between 1980 and 1982 (median 1981), with a median living area of about 1,400 sq ft and a typical 2-bedroom, 2-bath layout; 100% are townhomes. 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.
County records show 3 qualified sales in CLOVERDALE LAKE across 2024–2025 (2 in 2024, 1 in 2025), median $335,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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.
Who Cloverdale Lake is best for.
Best for
- Buyers who want low, predictable carrying costs with no amenity dues in the equation
- Buyers comfortable underwriting a home on its own condition and comps
- Value-focused buyers willing to update a dated home to build equity
Probably not for
- Buyers who expect a pool, clubhouse, or gated entry as part of the deal
- Buyers wanting a large-community lifestyle with shared amenities
- Buyers who need turnkey resale support from community features rather than the home itself
The market around Cloverdale Lake
Cloverdale Lake is too small for its own price trend, so here is the market around it.
In ZIP 32547, 198 homes are on the market and 27% are under contract — a steady corner of Fort Walton Beach.
Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).
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.
ZIP and county figures describe the wider market, not Cloverdale Lake specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in CLOVERDALE LAKE, 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.
The Cloverdale Lake buying strategy.
If we were buying in Cloverdale Lake 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 Cloverdale Lake.
A home-by-home market, not an amenity story
Because no community amenities surface in the current MLS data, there is no pool, clubhouse, or gated entry premium baked into pricing. What you pay reflects the structure, its updates, and its lot — nothing more. That tends to reward buyers who can see past cosmetics and sellers who invest in the right pre-list improvements.
The upside of an amenity-light community is straightforward carrying costs and fewer shared-facility variables to diligence. The tradeoff is that resale leans almost entirely on the house and its Fort Walton Beach location, so keeping a home current matters more here than in communities where amenities carry part of the appeal.
The location and the amenities are priced into every listing in Cloverdale Lake. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, amenity-free community, pricing lives and dies on accurate condition-based comps — and we do that work listing by listing. We'll tell you plainly when a home is priced to its updates and when it's leaning on a community story that isn't there, so you're negotiating on the real drivers.
Cloverdale Lake 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 Cloverdale Lake 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 Cloverdale Lake sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cloverdale Lake, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cloverdale Lake home worth?
Get a no-obligation home value based on real comparable sales in Cloverdale Lake, 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 →
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.
Frequently Asked Questions
How many homes are in Cloverdale Lake?
What share of Cloverdale Lake is owner-occupied?
When were the homes in Cloverdale Lake built?
Who is the best real estate agent for Cloverdale Lake?
How do I find a top Fort Walton Beach real estate agent who knows Cloverdale Lake?
Can Momentum Realty connect me with an agent for Cloverdale Lake?
Where is Cloverdale Lake, and what county is it in?
Should you buy in Cloverdale Lake?
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) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32547)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1995 (19 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.
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See how CLOVERDALE LAKE fits the bigger picture — live prices, inventory, and Momentum Scores:
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