SOUTHWAY ESTATES
2ND ADDN in Crestview

SOUTHWAY ESTATES 2ND ADDN
Homes for Sale in Crestview, FL

Community in Crestview · Okaloosa County · ZIP 32536
60 homesBuilt 1992–2007
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Photo via emeraldcoast

Built fromLive emeraldcoast data20 years of closingsFL DOR public recordsUpdated twice daily
Live · SOUTHWAY ESTATES 2ND ADDN Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
1 · 0
For sale · pending
live counts, refreshed twice daily
2
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
57%
Owner-occupied · SOUTHWAY ESTATES 2ND ADDN
34 of 60 parcels homesteaded (FL DOR 2025)
43%
Non-owner-occupied · SOUTHWAY ESTATES 2ND ADDN
incl. 12% trust or LLC-held · 12% out-of-state
0%
Cash buyers · SOUTHWAY ESTATES 2ND ADDN
0 of 3 sales, 12 mo ending July 2023
60
Homes in the community
60 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1992
Community established
homes built 1992-2007, median 2006 (FL DOR 2025)
3.3%/yr
Turnover rate
about 2 of 60 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition and individual home, not by a range of new construction. Southway Estates 2nd Addn is a small pocket of roughly 60 homes built between 1992 and 2007, with the median home dating to 2006. That build era and a median footprint just under 1,500 square feet tell you most of what you need to know: these are modest, established houses where what you pay tracks directly to how much updating has been done.

With only one active listing against a backdrop of steady owner-occupancy, this is a thin, tightly held market. For a buyer, that means limited choice and a need to move deliberately when the right home lists. For a seller, scarcity works in your favor, but the pricing conversation still comes down to condition — buyers here are comparing your finishes to the next house, not chasing a scarce amenity.

Best for

  • Buyers seeking a modest, single-story home under roughly 1,500 square feet and willing to compare condition closely
  • Owner-occupants who want an established street with no amenity fees to carry
  • Patient buyers comfortable waiting for scarce inventory to come to market

Probably not for

  • Buyers who need substantial square footage or newer-than-2007 construction
  • Anyone wanting community amenities such as a pool, gym, or clubhouse
  • Buyers who need to close quickly and require multiple homes to choose from

Homes For Sale Right Now in SOUTHWAY ESTATES 2ND ADDN

Live MLS inventory for SOUTHWAY ESTATES 2ND ADDN. 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 SOUTHWAY ESTATES 2ND ADDN 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

In short
  • Okaloosa County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Antioch · Elementary
  • Shoal River · Middle
  • Crestview · High

Zoned schools reflect the assignments reported on recent SOUTHWAY ESTATES 2ND ADDN 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 SOUTHWAY ESTATES 2ND ADDN address.

If we were buying in SOUTHWAY ESTATES 2ND ADDN today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 SOUTHWAY ESTATES 2ND ADDN.

Best Buy
Buyers who want an established, right-sized single-family home in Crestview without HOA amenities.
Biggest Risk
Very thin inventory means you may wait for the right home to list.
Sweet Spot
A well-maintained or updated home near the 2006 median build year.
Avoid If
You need large square footage or community amenities like a pool or clubhouse.

A small, condition-driven pocket

At about 60 homes, this is a neighborhood you can learn quickly. The build window of 1992 to 2007 means you'll see some variation in style and systems from house to house, and with a median living area right around 1,487 square feet, this is single-story, right-sized living rather than sprawling square footage. The spread in price you'll encounter comes from what's been renovated versus what's still original.

Just over half the homes carry a homestead exemption, which points to an established, owned-and-lived-in feel rather than a rental-heavy street. There are no shared amenities to maintain or pay for, so your carrying costs stay tied to the house and the lot. That's a plus for buyers who don't want to fund a pool or clubhouse they won't use.

The location and the amenities are priced into every listing in SOUTHWAY ESTATES 2ND ADDN. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a neighborhood this small with almost nothing on the market, timing and preparation are everything. We track when the rare listing comes available, and we help you read condition accurately — because in Southway Estates 2nd Addn, the difference between two similar-sized homes is almost entirely about what's under the roof and behind the walls, not about square footage or amenities.

SOUTHWAY ESTATES 2ND ADDN in 15 seconds.

Best forBuyers who want an established, right-sized single-family home in Crestview without HOA amenities.
Biggest advantageA tightly held, largely owner-occupied pocket where scarcity favors well-prepared sellers.
Biggest riskVery thin inventory means you may wait for the right home to list.
Sweet spotA well-maintained or updated home near the 2006 median build year.
Avoid ifYou need large square footage or community amenities like a pool or clubhouse.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed SOUTHWAY ESTATES 2ND ADDN sales matched to your home.

What is your SOUTHWAY ESTATES 2ND ADDN home worth?

Get a no-obligation home value based on real comparable sales in SOUTHWAY ESTATES 2ND ADDN, 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 SOUTHWAY ESTATES 2ND ADDN on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in SOUTHWAY ESTATES 2ND ADDN?
The Florida DOR 2025 assessment roll shows 60 homes in SOUTHWAY ESTATES 2ND ADDN (public records).
What share of SOUTHWAY ESTATES 2ND ADDN is owner-occupied?
57% of SOUTHWAY ESTATES 2ND ADDN parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in SOUTHWAY ESTATES 2ND ADDN built?
Homes in SOUTHWAY ESTATES 2ND ADDN were built between 1992 and 2007, with a median year built of 2006.0 (FL DOR 2025 roll).
Do cash buyers compete in SOUTHWAY ESTATES 2ND ADDN?
Cash buyers took 0% of SOUTHWAY ESTATES 2ND ADDN sales in the 12 months ending July 2023 (0 of 3 closings, emeraldcoast).
Who is the best real estate agent for SOUTHWAY ESTATES 2ND ADDN?
The best agent for SOUTHWAY ESTATES 2ND ADDN is one who actively works Crestview and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for SOUTHWAY ESTATES 2ND ADDN.
How do I find a top Crestview real estate agent who knows SOUTHWAY ESTATES 2ND ADDN?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows SOUTHWAY ESTATES 2ND ADDN and the wider Crestview area.
Can Momentum Realty connect me with an agent for SOUTHWAY ESTATES 2ND ADDN?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your SOUTHWAY ESTATES 2ND ADDN purchase or sale - no call center and no pressure.
Buyers seeking a modest, single-story home under roughly 1,500 square feet and willing to compare condition closelyExcellent fit
Owner-occupants who want an established street with no amenity fees to carryExcellent fit
Patient buyers comfortable waiting for scarce inventory to come to marketExcellent fit
Buyers who need substantial square footage or newer-than-2007 constructionProbably not
Anyone wanting community amenities such as a pool, gym, or clubhouseProbably not
Buyers who need to close quickly and require multiple homes to choose fromProbably not

Nearby Communities

Explore more neighborhoods near SOUTHWAY ESTATES 2ND ADDN with Momentum Realty’s local guides.

PRPatriot Ridge CrestviewCrestview, FL · 3.3 miSRShoal River Landing CrestviewCrestview, FL · 4.1 miDMDeer Moss Creek NicevilleCrestview, FL · 15.5 miDLDeer Lake EstatesCrestview, FL · 19.0 miAFAmerican FarmsCrestview, FL · 20.5 miLFLiberty FarmsCrestview, FL · 20.7 miOLOrion Lake NavarreCrestview, FL · 24.2 miPPPritchard PointCrestview, FL · 24.4 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsemeraldcoast, refreshed twice daily (last: July 25, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32536))
Historical depthClosed-sale records back to 2006 (29 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 emeraldcoast 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?

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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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.

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