Racetrack Road 3rd
Homes for Sale in Fort Walton Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, Racetrack Road 3RD Addn in Fort Walton Beach, FL has 1 home for sale. As of September 2026, the MLS records 2 closed sales in Racetrack Road 3RD Addn in Fort Walton Beach, FL since 2019, the most recent in October 2022.
This is a thin market by definition: one active listing in RACETRACK ROAD 3RD ADDN as of mid-2026. With a single home on the board and no published median here, price is set by that one property's condition, lot, and how motivated the seller is — not by any broad neighborhood trend you can lean on.
For a buyer, that means the comp picture is built from surrounding sales, not from what's currently listed inside the subdivision. For a seller, it means you're the market right now — pricing has to be justified from recent closings nearby and honest condition assessment, because there's no second listing shaping expectations.
The 60-Second Overview
RACETRACK ROAD 3RD ADDN is a small pocket off Racetrack Road in Fort Walton Beach, Okaloosa County. With just one home currently listed and no community amenities identified from MLS, this is a place you evaluate house-by-house rather than by neighborhood metrics.
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 Racetrack Road 3rd is best for.
Best for
- Buyers set on this stretch of Racetrack Road who are patient enough to wait for inventory
- Buyers who want to skip amenity-association dues and keep monthly costs lean
- Buyers comfortable pricing a home off broader-area comparables rather than in-subdivision listings
Probably not for
- Buyers who want several homes to tour and compare within one community
- Buyers seeking a pool, gate, or clubhouse-style amenity package
- Buyers on a strict timeline who can't wait for the next listing to appear
The market around Racetrack Road 3rd
Racetrack Road 3rd 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 Racetrack Road 3rd specifically. Momentum Research analysis of MLS records.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Okaloosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Okaloosa County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
RACETRACK ROAD 3RD ADDN Market Scorecard
RACETRACK ROAD 3RD ADDN is currently a thin data market. Limited supply, a median asking price of $445,000, and homes go under contract in about 169 days.
Typical home value in the 32547 ZIP is $316,555, about 6.4% below 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 Racetrack Road 3rd
Live MLS inventory for Racetrack Road 3rd. 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 Racetrack Road 3rd 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.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Wright · Elementary
- Pryor · Middle
- Choctawhatchee · High
Zoned schools reflect the assignments reported on recent Racetrack Road 3rd 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 Racetrack Road 3rd address.
The Racetrack Road 3rd buying strategy.
If we were buying in Racetrack Road 3rd 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 Racetrack Road 3rd.
A single-listing market
There are no shared amenities identified from current MLS listings — no association-driven pool, gate, or common area to price into the equation. That keeps carrying costs simple, but it also means value comes entirely from the individual property and its location along the Racetrack Road corridor in Fort Walton Beach.
Because inventory is limited to one home, timing and preparation matter more than in a deep, active subdivision. A buyer here should move on the right house when it appears and be ready to draw comparables from the broader area. A seller should treat pricing as a build-from-scratch exercise anchored to recent nearby sales rather than to in-community listing activity.
The location and the amenities are priced into every listing in Racetrack Road 3rd. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Thin markets punish guesswork. In a subdivision with one active listing and no in-community amenity story, the value work happens in the comps and the condition analysis — pulling relevant sales from the surrounding Fort Walton Beach area and telling you plainly whether the price holds up. That's the work we do before you write or accept an offer.
Racetrack Road 3rd 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 Racetrack Road 3rd 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 Racetrack Road 3rd sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Racetrack Road 3rd, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Racetrack Road 3rd home worth?
Get a no-obligation home value based on real comparable sales in Racetrack Road 3rd, 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 homes for sale in Racetrack Road 3rd on the map →
Should you buy in Racetrack Road 3rd?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Racetrack Road 3rd with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: July 25, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-08 |
| 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.
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See how RACETRACK ROAD 3RD ADDN fits the bigger picture — live prices, inventory, and Momentum Scores: