Municipal
Homes for Sale in Fort Walton Beach, FL
All 414 homes for sale in Fort Walton Beach, FL · median $398,000 · 282 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 October 2026, Municipal 2ND Add Lot 20 Blk F in Fort Walton Beach, FL has 1 home for sale. Municipal 2ND Add Lot 20 Blk F is a community in Fort Walton Beach, Okaloosa County, FL. 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).
This is a single-lot subdivision record in Fort Walton Beach, and the entire read right now rests on one active listing. With a sample that small, there is no market pattern to lean on — price here is set by the specific home, its condition, and how motivated that one seller is, not by any neighborhood trend.
For a buyer, that means the negotiation is a one-on-one conversation rather than a comparison against a stack of nearby sales. For a seller, it means pricing has to be built from the ground up off comparable homes in the surrounding Okaloosa County market, because this record does not give you a crowd to hide in.
The 60-Second Overview
MUNICIPAL 2ND ADD LOT 20 BLK F is a very small platted pocket within Fort Walton Beach, currently showing a single active listing and no shared community amenities identified from MLS. Treat it as an individual-property decision, not a community play.
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 Municipal is best for.
Best for
- Buyers who have found this one specific home and want it underwritten on its own merits
- Buyers comfortable pricing from broader Okaloosa County comps rather than in-plat sales
- Buyers who prefer no HOA or shared-amenity obligations
Probably not for
- Buyers who want a menu of comparable homes to weigh side by side
- Buyers seeking community amenities such as a pool, gym, or clubhouse
- Buyers who need a deep sales history to feel confident on value
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).
Municipal 2Nd Add Lot 20 Blk F Market Scorecard
Municipal 2Nd Add Lot 20 Blk F is currently a thin data market. Limited supply, a median asking price of $399,999, and homes go under contract in about 220 days.
Typical home value in the 32548 ZIP is $341,402, about 7.2% above 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 Municipal
Live MLS inventory for Municipal. 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 Municipal 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.
Every Home for Sale in Municipal 2Nd Add Lot 20 Blk F Right Now (1)
All 1 active and pending Municipal 2Nd Add Lot 20 Blk F listings with a detail page, newest first, refreshed twice a day from the MLS.
- 238 NW Martisa Road · $399,999 · 3 bd / 2 ba · listed Jul 2, 2026 · listed by Coldwell Banker Realty
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 Municipal 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 Municipal address.
Shop the zone: Homes zoned for Fort Walton Beach High School
The Municipal buying strategy.
If we were buying in Municipal 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 Municipal.
A one-listing snapshot
With only one home on the market and no amenities tied to the plat, there is nothing here to average out. Any figure you might quote off a single listing is really a description of that one property, so the honest approach is to underwrite the house itself: condition, lot, location within Fort Walton Beach, and proximity to the things you actually use.
The upside of a thin record like this is that it forces discipline. You are not buying into an association or an amenity package; you are buying a specific structure on a specific lot. Pull true comparables from the broader Okaloosa County market, and let those set your expectations rather than anything implied by this narrow snapshot.
The location and the amenities are priced into every listing in Municipal. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
When a subdivision record comes down to a single listing, the data does the buyer or seller no favors — the value comes from someone who works the surrounding Fort Walton Beach and Okaloosa County market every week. We build the comp set by hand, tell you when the one available home is priced to the market and when it is not, and keep you from over-reading a sample this small.
Municipal 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 Municipal 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 Municipal sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Municipal, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Municipal home worth?
Get a no-obligation home value based on real comparable sales in Municipal, 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 Municipal?
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) |
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 MUNICIPAL 2ND ADD LOT 20 BLK F fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Municipal
Where is Municipal?
Municipal is a community in Fort Walton Beach, Okaloosa County, Florida.
Are there homes for sale in Municipal right now?
Yes — 1 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.
Does Municipal have an HOA or CDD?
No HOA is on record for Municipal 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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