Commodore Place
Homes for Sale in Fort Walton Beach, FL

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 14 homes in COMMODORE PLACE that have changed hands since 2009, built between 1963 and 1987 (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.

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.

Commodore Place is too small for its own price trend, so here is the market around it.

In ZIP 32548, 307 homes are on the market and 10% are under contract — a slower corner of Fort Walton Beach.

Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).

In ZIP 32548 (Fort Walton Beach), 51 homes closed in the last 12 months at a median of $325K, up 10.3% year over year, with a median 57 days on market. Right now 37 active and 10 pending listings put supply at about 8.7 months — a buyer's market. See the live ZIP 32548 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.

• 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 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.

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.