SUNSET STRIP in Fort Walton Beach

SUNSET STRIP
Homes for Sale in Fort Walton Beach, FL

Community in Fort Walton Beach · Okaloosa County · ZIP 32547
140 homesBuilt 1923–2024Median sale $378K
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Photo via emeraldcoast

Built fromLive emeraldcoast data32 years of closingsFL DOR public recordsUpdated twice daily
Live · SUNSET STRIP Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$378K
Median sold · 12 mo
down 41.8% vs the prior 12 months
-41.8%
1-yr price change
n = 3 and 3 sales in the two windows
97.0%
Sale vs ask
Okaloosa median: 96.6%
Tempo
7days
Median DOM · closed
2 days at the 2025 low
0%
Under contract
1 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
67%
Owner-occupied · SUNSET STRIP
97 of 144 parcels homesteaded (FL DOR 2025)
33%
Non-owner-occupied · SUNSET STRIP
incl. 11% trust or LLC-held · 5% out-of-state
0%
Cash buyers · SUNSET STRIP
0 of 3 sales, 12 mo ending July 2026
140
Homes in the community
plus 4 vacant residential lots · 144 residential parcels (FL DOR 2025)
Track record · 32 years of records
Est. 1923
Community established
homes built 1923-2024, median 1975 (FL DOR 2025)
2.1%/yr
Turnover rate
about 3 of 140 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Sunset Strip is driven by condition and the specific home far more than by any neighborhood premium. With a build range running from 1923 to 2024 and a median vintage of 1975, you are buying into a genuine mix — original mid-century stock alongside newer construction — and what you pay tracks how much work a given house needs. The median sits at $378,000 on roughly 2,022 square feet, but treat that as a midpoint across a wide spread, not a going rate.

The posture right now is fast and thin. Median days on market is 7, and there is a single active listing against 140 homes, so inventory is scarce and well-priced homes move quickly. The year-over-year median is down 41.8%, but that figure rests on only three closings in the window — with a sample that small, mix (which specific homes happened to sell) explains the swing more than any broad decline. Sellers should price to the recent comps that fit their home; buyers should be ready to act when the right one lists.

SUNSET STRIP Housing Pulse · Momentum Research · as of July 25, 2026

SUNSET STRIP right now

🔴 Off the recent peak. The trailing-12-month median ($378K) is down 41.8% from the prior 12 months ($650K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level emeraldcoast closed sales, 12-month windows ending July 25. Confidence: Low (3 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 25, 2026 · Live data: emeraldcoast, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

SUNSET STRIP market snapshot (as of July 25, 2026): the median sale price is about $378K, and a median 7 days on market for closed sales. The trailing-12-month median is down 42% from the prior 12 months, computed from record-level emeraldcoast closed sales (3 closings in the current window).

SUNSET STRIP is a community of 140 homes in Fort Walton Beach, Okaloosa County, built between 1923 and 2024 (median 1975.0), with a median living area of about 2,022 square feet. 67% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Sunset Strip is a small, established pocket in Fort Walton Beach with about 140 homes and an owner-occupied share near 67%, meaning turnover is limited and listings are episodic rather than steady.

Best for

  • Owner-occupants planning to stay put who can wait for the right listing to appear
  • Buyers comfortable evaluating an older home on its condition and budgeting for updates
  • Decisive buyers with financing ready who can act inside a roughly one-week window

Probably not for

  • Buyers who need a wide menu of homes to tour on demand
  • Investors seeking steady turnover and rental churn
  • Anyone who wants uniform, newer construction with predictable pricing

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 25 of each year, from record-level emeraldcoast closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($378K) IS the median in the snapshot above, and the move from 2025 ($650K) IS the -41.8% one-year change.

Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.

Homes sold per 12-mo window
012320122014201620182020202220242026
0 to 3 a year; 3 in the current window.

SUNSET STRIP Market Scorecard

Balanced

SUNSET STRIP is currently a balanced market., a median asking price of $1,300,000, and homes go under contract in about 179 days.

$1,300,000
Median list
$378,000
Median sold
179
Days on mkt
1/0/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: emeraldcoast, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in SUNSET STRIP

Live MLS inventory for SUNSET STRIP. 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 SUNSET STRIP 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
  • Wright · Elementary
  • Pryor · Middle
  • Choctawhatchee · High

Zoned schools reflect the assignments reported on recent SUNSET STRIP 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 SUNSET STRIP address.

If we were buying in SUNSET STRIP 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 SUNSET STRIP.

Best Buy
Buyers who want an established Fort Walton Beach pocket and will wait for the right home.
Biggest Risk
Thin data — three closings and one active listing make any single stat noisy.
Sweet Spot
An updated home near the $378,000 median on roughly 2,000 square feet.
Avoid If
You need immediate selection or a turnkey new-build guarantee.

A condition-driven pocket, not a spec-built tract

The century-wide build range is the whole story here. A 1975 median year built tells you the core of the neighborhood is mid-century, but scattered new construction through 2024 means two homes on the same block can be very different products. That makes generalizing about price unwise — you evaluate each house on its bones, its updates, and its lot rather than assuming a per-square-foot rule holds across the community.

With homestead occupancy near 67% and only one home currently active, this is a hold-and-live neighborhood more than an investor churn. Expect to wait for the right listing rather than choose from a shelf. When one surfaces in good condition, the 7-day median days on market says it will not sit.

The location and the amenities are priced into every listing in SUNSET STRIP. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.9C- · Buy Score
Recent Direction0.0/10
Owner Commitment6.7/10
Pricing Power8.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.9). Basis: Recent Direction -41.8% year-over-year; Owner Commitment 67% owner-occupied; Pricing Power 97.0% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a neighborhood this small with this few recent trades, the headline median tells you almost nothing about your specific house. We work the comps that actually match your home's age, size, and condition, and because well-priced listings here move in about a week, we prepare buyers to move decisively and sellers to price against the right handful of sales rather than a broad average.

SUNSET STRIP in 15 seconds.

Best forBuyers who want an established Fort Walton Beach pocket and will wait for the right home.
Biggest advantageSmall, mostly owner-occupied enclave where quality listings move fast.
Biggest riskThin data — three closings and one active listing make any single stat noisy.
Sweet spotAn updated home near the $378,000 median on roughly 2,000 square feet.
Avoid ifYou need immediate selection or a turnkey new-build guarantee.

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 SUNSET STRIP sales matched to your home.

What is your SUNSET STRIP home worth?

Get a no-obligation home value based on real comparable sales in SUNSET STRIP, 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 SUNSET STRIP on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in SUNSET STRIP?
The median sale price in SUNSET STRIP was $378K over the 12 months ending July 25, 2026 (3 closed sales, emeraldcoast).
How long do homes in SUNSET STRIP take to sell?
Homes that closed in the 12 months ending July 25, 2026 took a median 7 days on market (3 sales, emeraldcoast).
How many homes are in SUNSET STRIP?
The Florida DOR 2025 assessment roll shows 140 homes plus 4 vacant residential lots in SUNSET STRIP (public records).
What share of SUNSET STRIP is owner-occupied?
67% of SUNSET STRIP parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in SUNSET STRIP built?
Homes in SUNSET STRIP were built between 1923 and 2024, with a median year built of 1975.0 (FL DOR 2025 roll).
Do cash buyers compete in SUNSET STRIP?
Cash buyers took 0% of SUNSET STRIP sales in the 12 months ending July 2026 (0 of 3 closings, emeraldcoast).
Who is the best real estate agent for SUNSET STRIP?
The best agent for SUNSET STRIP is one who actively works Fort Walton Beach 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 SUNSET STRIP.
How do I find a top Fort Walton Beach real estate agent who knows SUNSET STRIP?
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 SUNSET STRIP and the wider Fort Walton Beach area.
Can Momentum Realty connect me with an agent for SUNSET STRIP?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your SUNSET STRIP purchase or sale - no call center and no pressure.
Owner-occupants planning to stay put who can wait for the right listing to appearExcellent fit
Buyers comfortable evaluating an older home on its condition and budgeting for updatesExcellent fit
Decisive buyers with financing ready who can act inside a roughly one-week windowExcellent fit
Buyers who need a wide menu of homes to tour on demandProbably not
Investors seeking steady turnover and rental churnProbably not
Anyone who wants uniform, newer construction with predictable pricingProbably not

Nearby Communities

Explore more neighborhoods near SUNSET STRIP with Momentum Realty’s local guides.

PPPritchard PointFort Walton Beach, FL · 10.1 miOLOrion Lake NavarreFort Walton Beach, FL · 10.6 miSHSoundside HollowFort Walton Beach, FL · 11.1 miSBSandy Beach Estates NavarreFort Walton Beach, FL · 11.6 miFDFox Den VillagesFort Walton Beach, FL · 11.9 miBPBiscayne PointeFort Walton Beach, FL · 12.0 miCCCaptains CoveFort Walton Beach, FL · 12.3 miHPHeritage ParkFort Walton Beach, FL · 12.4 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsemeraldcoast, refreshed twice daily (last: July 25, 2026)
Community market statsemeraldcoast closed sales, 12-month windows ending July 25, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 32547/32548))
Historical depthClosed-sale records back to 1994 (39 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?

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

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