Emerald Isle
Condos for Sale in Fort Walton Beach, FL
All 380 homes for sale in Fort Walton Beach, FL · median $399,950 · 273 homes for sale in 32548 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of November 2026, Emerald Isle in Fort Walton Beach, FL has 3 homes for sale. Homes listed or recently sold were built 1974–1974; 1 of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 9 ft).
Homes For Sale Right Now in Emerald Isle
Live MLS inventory for Emerald Isle. 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 · 110 daysTop listing
Active · 35 days
Active · 134 daysActive and pending Emerald Isle 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.
Emerald Isle is a small, uniform pocket in Fort Walton Beach: 70 homes, all built in 1974, clustered around a median of roughly 1,085 square feet. When the vintage and footprint are this consistent, price is driven almost entirely by condition and updates rather than square footage or age. Two homes on the same street can trade well apart depending on how much of the original 1974 house is still original.
With 5 active listings against 70 homes and only one closing in the trailing window, there isn't much depth to read from. That thin data cuts both ways: sellers have limited fresh comps to anchor a list price, and buyers should lean on inspection and renovation scope rather than expecting a tidy per-foot number. Price the work, not the address.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
This is a compact, single-vintage enclave of modestly sized homes near the Fort Walton Beach coast, where the real variable between one house and the next is how much has been renovated since 1974.
Emerald Coast MLS sales records identify 25 homes in EMERALD ISLE that have changed hands since 2001, built between 1974 and 1977 (median 1975), with a median living area of about 1,200 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. 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.
The setting & the homes.
Aerial and on-site photos of Emerald Isle. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Emerald IsleEmerald IsleEmerald IslePhotos from Emerald Coast MLS listings in Emerald Isle; content deemed reliable but not guaranteed.
Who Emerald Isle is best for.
Best for
- Buyers wanting a compact coastal-area home and willing to price in renovation work
- Investors or second-home buyers comfortable with a rental-leaning ownership mix
- Value-focused buyers who can distinguish an updated house from an original one
Probably not for
- Buyers who need more than roughly 1,085 square feet of living space
- Anyone wanting new construction or shared community amenities
- Buyers who need a deep set of recent comps to feel confident on price
The market around Emerald Isle
Emerald Isle 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 Emerald Isle specifically. Momentum Research analysis of MLS records.
Emerald Isle on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap contributors.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Edwins · Elementary
- Bruner · Middle
- Fort Walton Beach · High
Zoned schools reflect the assignments reported on recent Emerald Isle 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 Isle address.
Shop the zone: Homes zoned for Fort Walton Beach High School · Homes zoned for Choctawhatchee High School
The Emerald Isle buying strategy.
If we were buying in Emerald Isle 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 Isle.
One vintage, many conditions
Every home here shares a 1974 build year and a footprint centered near 1,085 square feet, so you are largely shopping condition. Roof age, HVAC, electrical, windows, and whether the kitchen and baths have been touched will separate a project from a move-in-ready house far more than layout will. Budget for a hard look at the systems on anything that still reads original.
The homestead share sits around 11%, which suggests a meaningful portion of these homes are held as second homes or rentals rather than owner-occupied. For a buyer, that can mean more turnover and a wider spread in how well individual houses have been maintained. No community amenities show up in current MLS listings, so value the home on its own merits, not on shared facilities.
The location and the amenities are priced into every listing in Emerald Isle. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 70-home community with thin recent sales and a single build year, the win comes from correctly pricing renovation scope against condition. We walk the systems with you, translate what's original versus updated into real dollars, and set expectations that match a market this small rather than a citywide average.
Emerald Isle in 15 seconds.
Tools for a Emerald Isle 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 Isle sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Emerald Isle, 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 Isle home worth?
Get a no-obligation home value based on real comparable sales in Emerald Isle, 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 Isle?
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 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (2 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.
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See how EMERALD ISLE fits the bigger picture — live prices, inventory, and Momentum Scores: