Summer Place
Homes for Sale in Fort Walton Beach, FL
All 385 homes for sale in Fort Walton Beach, FL · median $399,999 · 273 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 November 2026, Summer Place in Fort Walton Beach, FL has 1 home for sale. As of November 2026, the MLS records 1 closed sale in Summer Place in Fort Walton Beach, FL, the most recent in September 2026. Across Fort Walton Beach as a whole, 56 homes closed in the last 12 months at a median of $337,500, 55 median days on market, with 398 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,350 ($3,840 with the full homestead exemption).
Summer Place is a small, established pocket in Fort Walton Beach — 76 homes built across a wide span, from 1965 to 2005, with the median build landing in 2003. That range is the whole story on price here: this is a condition- and vintage-driven market, not a spec-sheet one. Two homes sitting side by side can be decades apart in age and updates, so what sets value is the individual house, not a neighborhood floor or ceiling.
With only 2 active listings and 2 closings in the trailing window, this is a thin, quiet market. Sellers benefit from limited competition, but that also means comps are sparse and pricing takes real work. Buyers should expect to move on the right house when it appears rather than wait for a menu of options — and to underwrite each home on its own merits.
Figures in this note are as of July 25, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
A compact 76-home community in Okaloosa County where the housing stock spans four decades but skews newer at the median, meaning the spread in condition and updates matters more here than any single price band. Roughly two-thirds of homes are homesteaded, which points to an owner-occupied core rather than a heavy investor presence.
Emerald Coast MLS sales records identify 23 homes in SUMMER PLACE that have changed hands since 2004, built between 2002 and 2003 (median 2003), with a median living area of about 1,200 sq ft and a typical 3-bedroom, 2-bath layout; 100% are condominiums. 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.
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 Summer Place is best for.
Best for
- Owner-occupiers wanting a stable, low-turnover neighborhood who can move quickly when a listing appears
- Buyers comfortable evaluating a home on its own condition and vintage rather than a neighborhood price band
- Those seeking around 2,300 square feet of living space in an established Fort Walton Beach location
Probably not for
- Buyers who want to compare several active listings before committing
- Anyone who requires community amenities, since none are identified from current listings
- Investors seeking a rental-heavy community, given the roughly two-thirds owner-occupied share
The market around Summer Place
Summer Place is too small for its own price trend, so here is the market around it.
In ZIP 32548, 307 homes are on the market and 10% are under contract — a slower corner of Fort Walton Beach.
Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).
In ZIP 32548 (Fort Walton Beach), 51 homes closed in the last 12 months at a median of $325K, up 10.3% year over year, with a median 57 days on market. Right now 37 active and 10 pending listings put supply at about 8.7 months — a buyer's market. See the live ZIP 32548 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Summer Place specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Summer Place
Live MLS inventory for Summer Place. 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 Summer Place 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
- Elliott Point · Elementary
- Bruner · Middle
- Fort Walton Beach · High
Zoned schools reflect the assignments reported on recent Summer Place 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 Summer Place address.
Shop the zone: Homes zoned for Fort Walton Beach High School
The Summer Place buying strategy.
If we were buying in Summer Place 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 Summer Place.
A vintage-driven pocket
The year-built range — 1965 to 2005 — is the single most important thing to understand about Summer Place. With a median build of 2003 and median living space around 2,317 square feet, the newer end of the community carries some genuine size, but older homes are in the mix and will trade on their own terms. There are no community amenities identified from current MLS listings, so you are buying the house and the location, not a shared package.
The homestead share near 65% suggests a stable, largely owner-occupied community rather than a rental-heavy one. Combined with the low listing and closing counts, that stability tends to keep inventory tight. For a buyer, that means patience and readiness; for a seller, it means pricing to the specific condition of your home instead of leaning on a broad neighborhood average.
The location and the amenities are priced into every listing in Summer Place. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin — two actives, two recent closings, and a housing stock that ranges from the mid-1960s to the mid-2000s — accurate pricing comes from reading each home against a limited pool of comps, not from a formula. We do that work directly, help buyers move decisively when the right listing surfaces, and help sellers position an older or updated home honestly against what little is actually trading.
Summer Place in 15 seconds.
Tools for a Summer Place 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 Summer Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Summer Place, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Summer Place home worth?
Get a no-obligation home value based on real comparable sales in Summer Place, 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 Summer Place?
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: July 25, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (1 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.
Recent Developments in Summer Place Okaloosa
Development, infrastructure, retail, and school activity affecting Summer Place Okaloosa, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Infrastructure
Okaloosa outlines Gap Creek drainage projects and permitting hurdles in Fort Walton Beach
County staff described five stormwater efforts, including the Overbrook drainage work, a planned 2.67-acre Sylvania Heights stormwater park estimated at $4 million, and Lloyd Street and Mayflower Avenue improvements expected to go to bid in early 2027. Air Force environmental review and state and Army Corps permits for dredging complicate the timeline.
What it may mean for the marketPlanned drainage upgrades could reduce flooding exposure in the Gap Creek basin over time, though permitting delays mean relief is likely several years out. The site is less than a mile north of Summer Place Okaloosa.
Source: Get The Coast - October 2026Retail & Dining
7 Brew drive-thru coffee stand opens on Beal Parkway in Fort Walton Beach
The stand at 799 Beal Parkway opened Oct. 19 and is the chain's second in Fort Walton Beach. It is expected to add 75 local jobs, and an opening fundraiser raised $4,661 for an equine therapy nonprofit.
What it may mean for the marketA new drive-thru option along Beal Parkway adds early-morning and late-night food and beverage access and about 75 jobs nearby. The site is about 2 miles north of Summer Place Okaloosa.
Source: Get The Coast - October 2026Retail & Dining
TJ Maxx to open 33,865-square-foot Destin store Nov. 1 at Paradise Key
The off-price retailer opens at 4437 Commons Drive East with a grand opening from 8 a.m. to 8 p.m. on Nov. 1. Regular hours run 9:30 a.m. to 9:30 p.m. daily, and the store sells apparel, accessories, jewelry, and home and beauty goods.
What it may mean for the marketA new national off-price anchor adds everyday shopping close to Destin's commercial corridor and may shorten trips for retail needs. The project is about 12 miles east of Summer Place Okaloosa, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Parks & Amenities
Okaloosa and Cinco Bayou open upgraded boat ramp with new trailer parking
Okaloosa County and the Town of Cinco Bayou held a ribbon cutting for upgraded boat ramp facilities, including 16 new boat trailer parking spaces, a new restroom and landscaping. The $4.1 million total, funded largely by tourism development funds, also covers the $2.95 million purchase of a former bank building at 198 Eglin Parkway NE. Future dock improvements are planned.
What it may mean for the marketAdded trailer parking and ramp access improve waterfront recreation access for Fort Walton Beach area boaters. The site is about 1 mile northeast of Summer Place Okaloosa.
Source: Get The Coast - September 2026Parks & Amenities
Destin and Okaloosa County agree on management of 4-acre Holiday Isle state park
Destin and Okaloosa County unanimously agreed to back Destin as manager and developer of the roughly four-acre state-acquired park on Holiday Isle near Norriego Point. In return, Destin council voted 5-2 to offer free parking to all Okaloosa County residents at city-owned lots and parks. The deal still requires state Board of Trustees and DEP review.
What it may mean for the marketManagement of the Holiday Isle park and city parking rules will affect public waterfront access and parking in Destin. The project is about 7 miles east of Summer Place Okaloosa, elsewhere in Okaloosa County.
Source: Get The Coast - June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 11 miles northeast of Summer Place Okaloosa.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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