Hermitage by the Bay
Homes for Sale in Fort Walton Beach, FL
All 408 homes for sale in Fort Walton Beach, FL · median $396,000 · 280 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 September 2026, Hermitage by the Bay in Fort Walton Beach, FL has 1 home for sale. As of September 2026, the MLS records 2 closed sales in Hermitage by the Bay in Fort Walton Beach, FL since 2019, the most recent in April 2021. 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).
Hermitage by the Bay in Fort Walton Beach is showing a single active listing as of late July 2026, so there is no market to average — price here is set by whatever that one home offers in condition, size, and position rather than by a broad range of comparable inventory. With this little on the market, the seller holds more leverage than a typical neighborhood snapshot would suggest, and a buyer's read has to come from the individual property, not the aggregate.
For a buyer, that means moving on merit: if the home fits, competition is thin, but so are fallback options if it doesn't. For a seller, one listing means the community's story is effectively yours to set — the flip side is that pricing can't hide behind a crowd, so condition and presentation carry the whole argument.
The 60-Second Overview
This is a thin-inventory community in Okaloosa County with a single home currently on the MLS, which makes it a watch-list address more than a browse-the-options one.
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 Hermitage by the Bay is best for.
Best for
- Buyers targeting a single, specific Fort Walton Beach property and prepared to act on it
- Patient buyers willing to watch a low-inventory address and wait for the right listing
- Sellers who want their home to define the community rather than compete inside a crowded market
Probably not for
- Buyers who need several comparable homes to weigh side by side
- Buyers seeking shared amenities like a pool or clubhouse, none of which are identified here
- Buyers on a tight timeline who can't wait for scarce inventory to turn over
The market around Hermitage by the Bay
Hermitage by the Bay is too small for its own price trend, so here is the market around it.
In ZIP 32548, 322 homes are on the market and 15% are under contract — a slower corner of Fort Walton Beach.
Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).
In ZIP 32548 (Fort Walton Beach), 338 homes closed in the last 12 months at a median of $325K, up 11.9% year over year, with a median 41 days on market. Right now 112 active and 32 pending listings put supply at about 5.0 months — a balanced market. See the live ZIP 32548 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Hermitage by the Bay specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Hermitage by the Bay, 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 Hermitage by the Bay
Live MLS inventory for Hermitage by the Bay. 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 Hermitage by the Bay listings as of 2026-09-22, 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.
Every Home for Sale in Hermitage By The Bay Right Now (1)
All 1 active and pending Hermitage By The Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1330 SE Miracle Strip Parkway #207 · $314,900 · 2 bd / 1 ba · listed Jun 29, 2026 · listed by Compass
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 Hermitage by the Bay 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 Hermitage by the Bay address.
Shop the zone: Homes zoned for Fort Walton Beach High School
The Hermitage by the Bay buying strategy.
If we were buying in Hermitage by the Bay 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 Hermitage by the Bay.
One listing, no crowd to hide in
With only one active listing and no community amenities identified from current MLS data, there is no shared-amenity premium to price into or out of a deal here — value tracks the house itself and its location within Fort Walton Beach. That simplifies the analysis but raises the stakes on getting the single property right.
Because the sample is one home, resist drawing trend conclusions from it. A community this quiet can turn over slowly, so timing and patience matter more than usual, and any buyer should treat the current listing as a specific opportunity rather than evidence of where the neighborhood is headed.
The location and the amenities are priced into every listing in Hermitage by the Bay. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with one listing and no amenity backdrop, the value comes from knowing the surrounding Fort Walton Beach and Okaloosa County market well enough to price a near-comparable-free property. We tell you plainly whether the single available home is worth pursuing or whether waiting for the next one to surface serves you better.
Hermitage by the Bay 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 Hermitage by the Bay 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 Hermitage by the Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Hermitage by the Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Hermitage by the Bay home worth?
Get a no-obligation home value based on real comparable sales in Hermitage by the Bay, 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 Hermitage by the Bay?
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: September 22, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2019 (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.
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 →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Hermitage by the Bay fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Hermitage by the Bay
Where is Hermitage by the Bay?
Hermitage by the Bay is a community in Fort Walton Beach, Okaloosa County, Florida, ZIP 32548.
Are there homes for sale in Hermitage by the Bay right now?
Yes — 1 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.
Does Hermitage by the Bay have an HOA or CDD?
No HOA is on record for Hermitage by the Bay 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.
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