Oak Park Estates
Homes for Sale in Fort Walton Beach, FL

A compact 2002-vintage enclave in Fort Walton Beach where the homes are consistent in age and size, so the real variable is condition. High homestead occupancy points to a settled, owner-occupied street rather than a rental-heavy block.

Emerald Coast MLS sales records identify 21 homes in OAK PARK ESTATES that have changed hands since 2002, built between 2002 and 2003 (median 2002), with a median living area of about 1,473 sq ft and a typical 3-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.

County records show 5 qualified sales in OAK PARK ESTATES across 2024–2025 (1 in 2024, 4 in 2025), median $255,300 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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.

Oak Park Estates is too small for its own price trend, so here is the market around it.

In ZIP 32547, 149 homes are on the market and 19% are under contract — a steady corner of Fort Walton Beach.

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

In ZIP 32547 (Fort Walton Beach), 65 homes closed in the last 12 months at a median of $325K, up 10.3% year over year, with a median 29 days on market. Right now 23 active and 8 pending listings put supply at about 4.2 months — a balanced market. See the live ZIP 32547 housing market and the Okaloosa County market.

ZIP and county figures describe the wider market, not Oak Park Estates specifically. Momentum Research analysis of MLS records.

Everything here traces back to 2002, and the median living area of roughly 1,716 square feet tells you these are right-sized single-family homes, not sprawling estates despite the name. Because the stock is so uniform, a buyer's diligence should focus on the mechanicals and systems that age at this point in a home's life — roof, HVAC, and water heater — and on which sellers have already reinvested. That is where the value gap shows up.

The homestead share sits near 86 percent, which signals a predominantly owner-occupied community with limited turnover. That stability is a feature if you want a quiet street with neighbors who plan to stay, but it also means listings are rare and you may wait for the right one. No community amenities are identified in current MLS listings, so buy this for the house and the location, not for shared facilities.

In a seven-home community with only two active listings and thin recent sales, generic pricing tools fall apart. We work the community at the parcel level — reading condition, updates, and the handful of relevant comps to build a defensible number for either side of the deal. That local read matters more here than in a large subdivision with dozens of monthly closings.