Emerald Gardens
Homes for Sale in Fort Walton Beach, FL
All 404 homes for sale in Fort Walton Beach, FL · median $389,850 · 93 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 September 2026, Emerald Gardens in Fort Walton Beach, FL has 2 homes for sale. As of September 2026, the MLS records 50 closed sales in Emerald Gardens in Fort Walton Beach, FL since 1995, the most recent in September 2025. Across Fort Walton Beach as a whole, 270 homes closed in the last 12 months at a median of $365,000, 39 median days on market, with 94 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,710 ($4,200 with the full homestead exemption).
Emerald Gardens is a small pocket inside Fort Walton Beach, and the data reflects that: just two active listings and a single closing in the current window. With numbers this thin, there is no reliable market rhythm to read — price here is set home by home, driven by condition, lot, and updates rather than by any community-wide trend.
For a buyer, that means each listing has to be underwritten on its own merits; a comp two streets over may tell you very little. For a seller, it means pricing is a judgment call, not a formula — a well-prepared home can stand out simply because there is so little competition, but a mispriced one has nowhere to hide.
The 60-Second Overview
Emerald Gardens is a compact residential enclave in Fort Walton Beach, Okaloosa County. It trades in low volume, so activity is best measured listing by listing rather than by broad statistics.
Emerald Coast MLS sales records identify 37 homes in EMERALD GARDENS that have changed hands since 2002, built between 1986 and 1991 (median 1987), with a median living area of about 1,286 sq ft and a typical 3-bedroom, 2-bath layout; 95% 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.
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 Emerald Gardens is best for.
Best for
- Buyers targeting a particular Fort Walton Beach location who value a small, low-turnover setting
- Buyers comfortable underwriting a home on its own condition rather than a large comp set
- Sellers with an updated, well-prepared home who can benefit from limited local competition
Probably not for
- Buyers who want a wide selection of listings to compare at any given time
- Buyers who require community amenities such as a pool, gym, or clubhouse
- Anyone who needs a deep, fast-moving resale market for a quick exit
The market around Emerald Gardens
Emerald Gardens is too small for its own price trend, so here is the market around it.
In ZIP 32547, 277 homes are on the market and 32% are under contract — a fast-moving corner of Fort Walton Beach.
Across Okaloosa County, 2,265 homes are active and 765 pending (25% under contract).
In ZIP 32547 (Fort Walton Beach), 382 homes closed in the last 12 months at a median of $338K ($136/sq ft), up 13.6% year over year, with a median 38 days on market. Right now 104 active and 37 pending listings put supply at about 3.9 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 Emerald Gardens specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in EMERALD GARDENS, 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 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.
EMERALD GARDENS Market Scorecard
EMERALD GARDENS is currently a thin data market. Limited supply, a median asking price of $319,900, and homes go under contract in about 51 days.
Typical home value in the 32547 ZIP is $316,555, about 6.4% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Emerald Gardens
Live MLS inventory for Emerald Gardens. 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 Emerald Gardens 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
- Kenwood · Elementary
- Pryor · Middle
- Choctawhatchee · High
Zoned schools reflect the assignments reported on recent Emerald Gardens 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 Emerald Gardens address.
Shop the zone: Homes zoned for Choctawhatchee High School
The Emerald Gardens buying strategy.
If we were buying in Emerald Gardens 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 Emerald Gardens.
A thin-inventory pocket
The defining feature of Emerald Gardens right now is scarcity of data. Two homes are listed and one has recently closed. That is not enough to establish a range, a trend line, or a dependable price-per-foot — anyone quoting you a tidy market figure for this community is guessing.
No community amenities surface from the current MLS listings, so the value proposition is the homes themselves and the Fort Walton Beach location around them. Judge each property on its own condition and improvements, and lean on broader Fort Walton Beach and Okaloosa County activity to sanity-check price.
The location and the amenities are priced into every listing in Emerald Gardens. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this thinly traded, general market stats are close to useless — the work is in pricing a single home correctly and pulling the right comps from the wider Fort Walton Beach market. That is exactly the hands-on, deal-by-deal analysis we do, and we will tell you plainly when a listing is priced ahead of what the surrounding market supports.
Emerald Gardens 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 Emerald Gardens 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 Emerald Gardens sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Emerald Gardens, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Emerald Gardens home worth?
Get a no-obligation home value based on real comparable sales in Emerald Gardens, 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 →
Should you buy in Emerald Gardens?
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: July 25, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 1995 (50 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 EMERALD GARDENS fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Emerald Gardens
Where is Emerald Gardens?
Emerald Gardens is a community in Fort Walton Beach, Okaloosa County, Florida, ZIP 32547.
Are there homes for sale in Emerald Gardens right now?
Yes — 2 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.
Does Emerald Gardens have an HOA or CDD?
No HOA is on record for Emerald Gardens in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
More Fort Walton Beach & Destin, Okaloosa & Walton (Emerald Coast) guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Destin, Okaloosa & Walton (Emerald Coast) or the full Neighborhood Finder.
Nearby Communities
Explore more neighborhoods near Emerald Gardens with Momentum Realty’s local guides.