Pine Meadows 1st
Homes for Sale in Fort Walton Beach, FL
True comps, carrying-cost math, and listings before the portals.
Price here is driven by condition and lot, not by a uniform product. With a build range running from 1955 to 2023 and a median year built of 1982, this is a mixed-vintage pocket where a renovated mid-century home and a tired original can sit on the same block at very different numbers. The median living area of roughly 1,315 square feet tells you the core inventory is modest in size, so square footage premiums and updates carry outsized weight.
For buyers, that spread is opportunity: the work is in reading each house on its own merits rather than assuming a neighborhood price. For sellers, it means condition is the lever you control — an updated home separates itself here, and a dated one gets priced against the renovation it needs. Expect to underwrite each transaction individually rather than lean on comps that look alike.
The 60-Second Overview
Pine Meadows 1st Addn is a small, established Fort Walton Beach pocket of 104 homes with no identified community amenities — a location-and-condition play rather than a package deal.
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 Pine Meadows 1st is best for.
Best for
- Value-focused buyers willing to renovate a dated home to build equity through the work
- Buyers wanting a compact, established home near an established Fort Walton Beach location
- Investors comfortable with a market where a notable share of homes are non-owner-occupied
Probably not for
- Buyers who want amenity-driven, HOA-managed community living
- Buyers needing large square footage, since the median footprint runs modest
- Buyers who want uniform, same-vintage homes and predictable comps
The market around Pine Meadows 1st
Pine Meadows 1st 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).
ZIP and county figures describe the wider market, not Pine Meadows 1st specifically. Momentum Research analysis of MLS records.
Pine Meadows 1st by the numbers
From county property records and closed MLS sales for the Pine Meadows 1st subdivision: 10 homes on record; built 1979–1985; typical size about 949 heated sq ft; 2 bedrooms is the median. Housing mix: townhome 90%, single-family 10%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2015 | 1 | $37,730 |
| 2017 | 1 | $25,000 |
| 2019 | 1 | $160,000 |
| 2021 | 1 | $149,000 |
| 2023 | 1 | $167,000 |
| 2024 | 1 | $290,000 |
Newest recorded sale: $290,000 on 2024-08-21.
Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.
Housing distress & ownership in PINE MEADOWS 1ST ADDN, 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 Pine Meadows 1st buying strategy.
If we were buying in Pine Meadows 1st 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 Pine Meadows 1st.
A mixed-vintage pocket priced house by house
The defining fact here is age spread. Homes date from 1955 to 2023, with the median at 1982, so you are buying into a neighborhood that has been built out and infilled over decades rather than delivered in one wave. That variety shows up in floor plans, systems, and finish levels — and it is the single biggest thing to inspect before you commit.
Homestead status covers roughly 46% of the 104 homes, meaning a meaningful share are non-owner-occupied. Combined with the compact median footprint near 1,315 square feet, that points to a market where rentals and modestly sized owner homes coexist. There are no community amenities identified from current listings, so value is a function of the house and its position, not shared facilities.
The location and the amenities are priced into every listing in Pine Meadows 1st. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a pocket where two homes on the same street can be decades and a full renovation apart, pricing comes down to reading condition correctly. We underwrite each property on its own merits, tell you what a dated home will actually cost to bring current, and keep you from overpaying against comps that only look comparable on paper.
Pine Meadows 1st 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 Pine Meadows 1st 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 Pine Meadows 1st sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pine Meadows 1st, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Pine Meadows 1st home worth?
Get a no-obligation home value based on real comparable sales in Pine Meadows 1st, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Should you buy in Pine Meadows 1st?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 1994 (17 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.
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