Twin Bay Estates
Homes for Sale in Fort Walton Beach, FL
All 419 homes for sale in Fort Walton Beach, FL · median $398,000 · 150 homes for sale in 32547 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $699,000, a median 39 days on market, sellers accepting 97% of original asking. Homes listed or recently sold were built 1994–2013. At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $9,010 ($8,500 with the full homestead exemption).
| Location | Fort Walton Beach, Okaloosa County, FL · ZIP 32547 |
|---|---|
| Homes in the community | 14 (FL DOR 2025 assessment roll) |
| Years built | 1973–2015 (median 1994.0) |
| Typical living area | 3,502 sq ft (median) |
| Amenities listed by sellers | Boat Launch, Dock, Security System, Fishing |
| Sale prices, last 12 months | $699,000 median across 3 closed sales |
| Days on market (closed sales) | 39 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 86% |
Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Twin Bay Estates key facts,” movewithmomentum.com/neighborhoods/twin-bay-estates, data as of September 20, 2026.
Twin Bay Estates carries a median of $699,000, and with no shared amenities pulling weight, that number is coming almost entirely from the homes themselves — lot, size, condition, and how close you sit to the water. Expect a wide spread around that median rather than a tidy band; two homes at similar addresses can price very differently depending on updates and finish.
At a median 39 days on market, this is a measured pace, not a frenzy. Sellers should price to condition from the start rather than testing the ceiling, and buyers have enough time to inspect carefully and negotiate without the pressure of a same-day decision. With only 3 recent closings in the window, every new comp matters, so read the individual sales closely instead of leaning on averages.
Nearby homes for sale
No active listings inside Twin Bay EstatesHomes for Sale in Fort Walton Beach, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Twin Bay Estates market snapshot (as of September 20, 2026): the median sale price is about $699K, and a median 39 days on market for closed sales.
In ZIP 32547 (Fort Walton Beach), 385 homes closed in the last 12 months at a median of $337K ($136/sq ft), up 12.1% year over year, with a median 38 days on market. Right now 107 active and 39 pending listings put supply at about 4.0 months — a healthy market. See the live ZIP 32547 housing market and the Okaloosa County market.
Twin Bay Estates is a community of 14 homes in Fort Walton Beach, Okaloosa County, built between 1973 and 2015 (median 1994.0), with a median living area of about 3,502 square feet. 86% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Twin Bay Estates is a small, home-driven pocket of Fort Walton Beach where value tracks the property, not community perks — there are no identified shared amenities in the current listings. A thin closings count means pricing here rewards close comparison over broad assumptions.
The setting & the homes.
Aerial and on-site photos of Twin Bay Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Twin Bay Estates
Twin Bay Estates
Twin Bay EstatesPhotos from Emerald Coast MLS listings in Twin Bay Estates; content deemed reliable but not guaranteed.
Who Twin Bay Estates is best for.
Best for
- Buyers comfortable around a mid-to-upper price point who value the home over community extras
- Buyers willing to inspect closely and negotiate on condition during a measured 39-day pace
- Those prioritizing water proximity and lot quality over shared facilities
Probably not for
- Buyers who need an amenity package — pool, gate, or clubhouse — as part of the deal
- Buyers seeking a lower entry point than the current median supports
- Those who want a deep, active comp set to validate pricing quickly
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($699K) IS the median in the snapshot above.
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.
27% of homes for sale in ZIP 32547 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).
Twin Bay Estates Market Scorecard
Twin Bay Estates is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Twin Bay Estates, 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.
Twin Bay Estates on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
The Twin Bay Estates buying strategy.
If we were buying in Twin Bay Estates 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 Twin Bay Estates.
A condition-driven market with a thin comp set
With no community amenities identified from current MLS listings, nothing here subsidizes value — no pool, no gated entry, no dues story to tell. That puts the entire weight on the individual home: its condition, its lot, and its proximity to the water. The median of $699,000 is a midpoint, not a floor or a ceiling, and the actual gap between an updated home and one needing work can be substantial.
The low closings count — 3 in the current window — is the single most important thing to understand before you write or accept an offer. A market this thin can swing on one atypical sale, so both sides should weigh comps individually and be skeptical of any figure presented as a trend. Time on market sits near 39 days, which gives room to do that homework properly.
The location and the amenities are priced into every listing in Twin Bay Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small market with only a handful of recent closings, the right price comes from reading each sale — not from a formula. We work the individual comps, weigh condition and water proximity honestly, and tell you plainly when a listing is priced to its finishes and when it is reaching. That candor matters more here than in a high-volume neighborhood.
Twin Bay Estates 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 Twin Bay Estates 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 Twin Bay Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Twin Bay Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Twin Bay Estates home worth?
Get a no-obligation home value based on real comparable sales in Twin Bay Estates, 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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Frequently Asked Questions
What is the median home price in Twin Bay Estates?
How long do homes in Twin Bay Estates take to sell?
How many homes are in Twin Bay Estates?
What share of Twin Bay Estates is owner-occupied?
When were the homes in Twin Bay Estates built?
Who is the best real estate agent for Twin Bay Estates?
How do I find a top Fort Walton Beach real estate agent who knows Twin Bay Estates?
Can Momentum Realty connect me with an agent for Twin Bay Estates?
Where is Twin Bay Estates, and what county is it in?
Should you buy in Twin Bay Estates?
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: September 30, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32547)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2016 (4 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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