Commodore Place
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, Commodore Place in Fort Walton Beach, FL has 1 home for sale. As of October 2026, the MLS records 24 closed sales in Commodore Place in Fort Walton Beach, FL since 1994, the most recent in August 2026. 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).

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.
Commodore Place right now
🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 20, 2026. Confidence: Low (1 active and pending listings, 1 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Commodore Place is a compact, owner-heavy enclave in Fort Walton Beach where roughly four in five homes are homesteaded — a sign of a settled street rather than an investor churn. The generous median footprint and the long build-year span mean each home has to be judged on its own merits.
Emerald Coast MLS sales records identify 16 homes in COMMODORE PLACE that have changed hands since 2001, built between 1963 and 1970 (median 1965), with a median living area of about 1,875 sq ft and a typical 4-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.
County records show 4 qualified sales in COMMODORE PLACE across 2024–2024, median $2.20M — 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 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
The market around Commodore Place
Commodore Place 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 Commodore Place specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in COMMODORE PLACE, 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.
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 2026-10-01, 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.
Shop the zone: Homes zoned for Choctawhatchee High School
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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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
- 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 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 all homes for sale in Fort Walton Beach →
Recently off market in COMMODORE PLACE
Homes in COMMODORE PLACE that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 112 NE Berger Place · off market
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.
16% of homes for sale in ZIP 32548 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-02).
Frequently Asked Questions
Is Commodore Place a buyer's or seller's market right now?
How many homes are in Commodore Place?
What share of Commodore Place is owner-occupied?
When were the homes in Commodore Place built?
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?
Where is Commodore Place, and what county is it in?
Should you buy in Commodore Place?
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 (3 streets, ZIP 32547/32548)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1994 (24 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.
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 COMMODORE PLACE fits the bigger picture — live prices, inventory, and Momentum Scores:
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