Okaloosa County Real Estate - Fort Walton Beach

Fort Walton Beach is in North West Florida. It's population as recorded in the 2010 Census was 19,507. Fort Walton Beach is approximately 36 miles from Pensacola (population 51,923) and around 60 miles from Panama City (population 36,484).

The median age for residents of Fort Walton Beach is 42.8. Around 25.3% of Fort Walton Beach households include school aged children and 31.7% of households include individuals aged 65 years or over. Census records indicate 77.7% of the Fort Walton Beach population are White, 12.3% are Black or African American, .6% American Indian, 3.2% Asian and 3.6% are Two or more Races.

There are 9,592 housing units in Fort Walton Beach. 1,191 (12.4%) of these were reported as vacant in the 2010 Census. There are 3,759 residential rental units in Fort Walton Beach. 3,241 of them were occupied in 2010 providing a residential rental vacancy rate of 13.6%.

Fort Walton Beach links:

Okaloosa County

Okaloosa County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Okaloosa has a population over 180,000. The county is part of one of the fastest growing regions in the nation. The county is located in the panhandle, with the southern portion bordering the Gulf of Mexico and the northern portion on the Georgia border.

Top industries in Okaloosa County are government, professional & business services, trade & transportation, leisure and hospitality, and education & health services. Several air force and army facilities are located in Okaloosa County, including Eglin Air Force Base, Hurlburt Field, and Duke Field. By size, Eglin is the largest Air Force base in the country and is responsible for the development, acquisition, testing, and deployment of all air-delivered weapons. Okaloosa county's white sand beaches also attract many tourists to the area. Top private sector employers are Fort Walton Beach Medical Center, L-3 Communications/Crestview Aerospace, DRS Training & Control Systems, InDyne Inc, and ResortQuest. Major public sector employers are US Department of Defense-Eglin AFB, Okaloosa School District, and County of Okaloosa-Sheriff's Department.

Defense is major business in Okaloosa. Of the ten largest defense contractors in the state, six have a presence in Okaloosa. 350 such companies provide 21,000 jobs and contribute over $6.5 billion to the economy.

Okaloosa is a major transportation hub. Indeed, its county seat, Crestview, is nicknamed the "Hub City". With two rivers, a CSX railroad line, and access to multiple highways including Interstate-10, the city is at the center of the region.

Northwest Florida State College has five campuses throughout the county, with its main campus in Niceville. Troy University also has campuses in the county, including one on Eglin AFB.

Neighboring Properties

AddressTypeSq FtClass 
306 Okaloosa Rd Single Family 1,020 C
308 Stacy Cir Single Family 1,195 C
307 Stacy Cir Single Family 1,243 C
302 Okaloosa Rd Single Family 1,166 C
309 Stacy Cir Single Family 1,423 C
309 Okaloosa Rd Single Family 1,265 C
310 Stacy Cir Single Family 2,230 C
311 Okaloosa Rd Single Family 1,091 C
307 Okaloosa Rd Single Family 962 C
316 Okaloosa Rd Single Family 1,628 C
243 Hollywood Blvd Single Family 2,483 C
311 Stacy Cir Single Family 2,061 B
313 Okaloosa Rd Single Family 1,973 C
305 Okaloosa Rd Single Family 1,374 C
237 Hollywood Blvd Single Family 1,168 C
245 Hollywood Blvd Single Family 2,045 C
318 Okaloosa Rd Single Family 1,095 C
315 Okaloosa Rd Single Family 1,247 C
312 Stacy Cir Single Family 1,950 C
249 Hollywood Blvd Single Family 1,181 C
303 Okaloosa Rd Single Family 1,073 C
313 Stacy Cir Single Family 1,605 C
321 Stacy Cir Single Family 1,228 C
13 Ferry Rd Single Family 1,163 C
11 Ferry Rd Single Family 1,736 C
15 Ferry Rd Single Family 957 C
9 Ferry Rd Single Family 1,138 B
235 Hollywood Blvd Se Single Family 1,456 C
320 Okaloosa Rd Single Family 1,297 C
317 Okaloosa Rd Single Family 2,025 C
251 Hollywood Blvd Single Family 1,205 C
17 Ferry Rd Single Family 1,031 C
7 Ferry Rd Ne Single Family 1,136 C
319 Okaloosa Rd Single Family 1,878 C
19 Ferry Rd Ne Single Family 1,870 C
5 Ferry Rd Ne Single Family 1,221 C
314 Stacy Cir Single Family 1,769 C
301 Hollywood Blvd Ne Single Family 1,400 C
231 Hollywood Blvd Single Family 1,167 C
321 Okaloosa Rd Single Family 1,288 C
21 Ferry Rd Single Family 1,686 C
3 Ferry Rd Single Family 1,010 C
320 Stacy Cir Single Family 1,513 C
318 Stacy Cir Single Family 1,489 C
316 Stacy Cir Single Family 1,362 C
324 Okaloosa Rd Single Family 1,540 C
322 Stacy Cir Single Family 1,199 C
248 Hollywood Blvd Se Church 3,568 C
303 Hollywood Blvd Ne Single Family 1,539 C

Local Household Income

The median household income in this part of Florida is $68,549. The bottom 10% of the population earn less than $21,092 per year. The top 10% earn more than $162,114 per year. The top 1% earn more than $423,170 per year. Most renters earn between $33,396 (20th percentile) and $58,956 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,098 and $171,373.

The tax assessed value of this property places it in percentile 13 of all properties in this area. This suggests it would appeal to someone earning around $25,617 per year who should qualify for a mortgage between $51,234 and $64,043.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,020. Most renters earn between $2,783 and $4,913 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $744 (20th percentile) to $1,362 (80th percentile) range. The residential vacancy rate is 12%.

This property falls in percentile 13 of all properties in this area. This corresponds to a rent of $676 per month and a monthly household income of $2,461 ($29,532 per year)

Nearby Companies

Hampton Holdings, LLC
230 Sw Hollywood Blvd
Courtney Warranty Company
230 Sw Hollywood Blvd
Hampton Automotive Group, Inc.
230 Sw Hollywood Blvd
Stucco And Cleaning Of N.W.F. LLC
249 Hollywood Blvd Ne
Disclaimers and Disclosures

Public Records Data

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