COMMODORE PLACE
Homes for Sale in Fort Walton Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via emeraldcoast
Commodore Place is a small, established pocket of Fort Walton Beach, and price here is driven almost entirely by condition and the individual home. With a median build year of 1967 and stock running from 1955 all the way to 2024, you are looking at two very different products under one community name: original mid-century homes and full rebuilds. The median living area sits near 2,718 square feet, which is generous, but the spread in age means the spread in value is wide and condition-specific rather than tidy.
Right now there is exactly one active listing across 79 homes, and nothing has closed in the recent window. That is a thin, low-turnover market. For a seller, scarcity of competing inventory is a real advantage if your home is priced honestly to its condition. For a buyer, patience is the price of entry — you may wait for the right home to surface, and when it does you will want to move with a clear read on whether you are buying original or renovated.
Who COMMODORE PLACE is best for.
Best for
- Buyers seeking a larger single-family footprint who value an established, owner-occupied street
- Patient buyers comfortable waiting for limited inventory and acting decisively when a home lists
- Renovation-minded buyers open to an original mid-century home they intend to update
Probably not for
- Buyers who need multiple homes to compare at once and dislike thin inventory
- Buyers wanting shared community amenities such as a pool or clubhouse
- Buyers expecting turnkey uniformity, given the wide mix of build years and conditions
Homes For Sale Right Now in COMMODORE PLACE
Live MLS inventory for COMMODORE PLACE. 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 and pending COMMODORE PLACE listings as of 2026-07-25, 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.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Elliott Point · Elementary
- Meigs · Middle
- Choctawhatchee · High
Zoned schools reflect the assignments reported on recent COMMODORE PLACE 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 COMMODORE PLACE address.
The COMMODORE PLACE buying strategy.
If we were buying in COMMODORE PLACE 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 COMMODORE PLACE.
A mixed-vintage street where condition is everything
The defining fact of Commodore Place is its range: 79 homes built anywhere from 1955 to 2024, with the median landing in 1967. That tells you the neighborhood has been quietly redeveloping one lot at a time. Some homes are original mid-century construction; others are recent ground-up builds on the same block. There is no single archetype, so comparable sales have to be read carefully — a nearby closing may be a very different house than the one in front of you.
The homestead share of about 81% points to stability and long tenure rather than rental turnover. Combined with the current single active listing, that keeps supply tight. No community amenities were identified from current MLS listings, so the value proposition here is the homes themselves, the lots, and the Fort Walton Beach location — not shared facilities.
The location and the amenities are priced into every listing in COMMODORE PLACE. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-turnover community with a wide range of build years, the whole game is pricing to condition and reading thin comps correctly. We will tell you plainly whether a home is original, updated, or a full rebuild, and what that means for value — and with only one active listing at a time, we help you act quickly and negotiate from real information rather than a rounded guess.
COMMODORE PLACE in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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 COMMODORE PLACE 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 COMMODORE PLACE sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in COMMODORE PLACE, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your COMMODORE PLACE home worth?
Get a no-obligation home value based on real comparable sales in COMMODORE PLACE, 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 homes for sale in COMMODORE PLACE on the map →
Frequently Asked Questions
How many homes are in COMMODORE PLACE?
What share of COMMODORE PLACE is owner-occupied?
When were the homes in COMMODORE PLACE built?
Do cash buyers compete in COMMODORE PLACE?
Who is the best real estate agent for COMMODORE PLACE?
How do I find a top Fort Walton Beach real estate agent who knows COMMODORE PLACE?
Can Momentum Realty connect me with an agent for COMMODORE PLACE?
Should you buy in COMMODORE PLACE?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near COMMODORE PLACE with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | emeraldcoast, refreshed twice daily (last: July 25, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 32547/32548)) |
| Historical depth | Closed-sale records back to 1994 (23 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 emeraldcoast 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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.
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