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209 SE First Street, Fort Walton Beach, FL 32548

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For Sale

$449,000

2 beds • 1 baths • 862 sqft

Estimated Payment

$ 2,332 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $520.88
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Discover the potential of this spacious 0.41-acre property located in downtown Fort Walton Beach. Nestled in a bustling, convenient location, this parcel is a rare find in town. The current structure, while in need of significant TLC, offers a blank canvas for a visionary buyer. With the option to refurbish for residential use or tear down and explore redevelopment, the possibilities are endless. Existing carport provides additional utility. Proximity to Downtown Fort Walton Beach, vibrant community amenities, major thoroughfares, and business hubs. Zoning: Residential (Current), Potential for Commercial or Multi-Family (if redeveloped) Welcome to this unique opportunity! This property is currently zoned residential, offering a charming dwelling that can be remodeled to suit your needs while maintaining its residential zoning status. The sellers are under the understanding that as long as the existing structure is remodeled, it can remain zoned residential. However, if the current dwelling is torn down and redeveloped, the property will be re-zoned for commercial or multi-family use, providing exciting possibilities for future growth and investment. Whether you're looking to restore the existing home to its former glory or explore new development options, this property provides flexibility and potential in a desirable location. Don't miss out on the chance to secure a versatile piece of real estate with fantastic future prospects! For more details or to schedule a showing, contact us today!
MLS# 963375

Courtesy Of Coldwell Banker Realty

(850) 501-1545

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Lot Size
    0.41 Acres
  • Rooms
    Dining Room, Kitchen

Map and Directions

Directions to 209 SE First Street, Fort Walton Beach, FL 32548

Home seller CENTURY 21 Wimco Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Wimco Realty, Inc.

(850) 664-2100
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $2,332
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,332

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Elliott Point Elementary School

Grades PK-5 Public School

Fort Walton Beach, FL 32548 1.1 miles
301 hughes st ne

603 total students
16:1 Student teacher ratio

School Rating: C+

School Details

Meigs Middle School

Grades 6-8 Public School

Shalimar, FL 32579 3.1 miles
150 richbourg ave

627 total students
19:1 Student teacher ratio

School Rating: C+

School Details

Choctawhatchee High School

Grades 9-12 Public School

Fort Walton Beach, FL 32547 3.2 miles
110 racetrack rd nw

1637 total students
21:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Northwest Florida Ballet Academie 0.2 miles Public 3-8 A+
Okaloosa Virtual Instruction Program 0.3 miles Public KG-12
First United Methodist School 0.4 miles Private PK-KG
Montessori Learning Center 0.9 miles Private PK-3
St Mary Catholic School 1 miles Private PK-8
Max Bruner Junior Middle School 2.1 miles Public 6-8 C+
Edwins Elementary School 2.2 miles Public PK-5 D+
Fort Walton Beach High School 2.3 miles Public 9-12 C+
Silver Sands-exceptional Children 2.4 miles Public PK-12
Wright Elementary School 2.8 miles Public PK-5 D+
Liza Jackson Preparatory School 3 miles Public KG-8 A
Calvary Christian Academy & Preschool 3.1 miles Private PK-12
W.c. Pryor Middle School 3.2 miles Public 6-8 B-
Mary Esther Elementary School 3.3 miles Public PK-5 C+
Shalimar Elementary School 3.5 miles Public PK-5 C-
Lotus Learning & Arts Center 3.5 miles Private KG-11
Advanced Sacred Hope Academy 3.6 miles Private PK-5

Northwest Florida Ballet Academie

Distance: 0.2 miles

Type Public

Grades: 3-8

A+

Okaloosa Virtual Instruction Program

Distance: 0.3 miles

Type Public

Grades: KG-12

First United Methodist School

Distance: 0.4 miles

Type Private

Grades: PK-KG

Montessori Learning Center

Distance: 0.9 miles

Type Private

Grades: PK-3

St Mary Catholic School

Distance: 1 miles

Type Private

Grades: PK-8

Max Bruner Junior Middle School

Distance: 2.1 miles

Type Public

Grades: 6-8

C+

Edwins Elementary School

Distance: 2.2 miles

Type Public

Grades: PK-5

D+

Fort Walton Beach High School

Distance: 2.3 miles

Type Public

Grades: 9-12

C+

Silver Sands-exceptional Children

Distance: 2.4 miles

Type Public

Grades: PK-12

Wright Elementary School

Distance: 2.8 miles

Type Public

Grades: PK-5

D+

Liza Jackson Preparatory School

Distance: 3 miles

Type Public

Grades: KG-8

A

Calvary Christian Academy & Preschool

Distance: 3.1 miles

Type Private

Grades: PK-12

W.c. Pryor Middle School

Distance: 3.2 miles

Type Public

Grades: 6-8

B-

Mary Esther Elementary School

Distance: 3.3 miles

Type Public

Grades: PK-5

C+

Shalimar Elementary School

Distance: 3.5 miles

Type Public

Grades: PK-5

C-

Lotus Learning & Arts Center

Distance: 3.5 miles

Type Private

Grades: KG-11

Advanced Sacred Hope Academy

Distance: 3.6 miles

Type Private

Grades: PK-5

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Fort Walton Beach, FL 32548

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Fort Walton Beach, FL 32548

This community’s employment is highest in the administrative support and education industries. The area’s overall household expenses are above the national average.

90° July
Hottest Average Month
41° January
Coldest Average Month
10,683 Total Households in Area
2.2% Increase in population since the year 2010
26.2%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Fort Walton Beach, FL 32548

Fort Walton Beach, FL 32548 has a population of 22,790 people in 10,683 households with a median age of 41.5 years old.

2.2%
Increase in population
since the year 2010
Population is Trending up
9,837
Total households as of 2010
8.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 41.5 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 65%
Black 12%
Hispanic 12%
Other 6%
Asian 5%
Native American <1%
The most prevalent ethnicity is White at 65%, followed by Black at 12%, Hispanic at 12%, and Other at 6%.

Economics
for Fort Walton Beach, FL 32548

989 /sq mi
Population Density
$61,592 /yr
Median Household Income
$320,000
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.68% of the households.

Transportation to Work

  • Drive 90%
  • Work from Home 6%
  • Walk or Bike 5%
  • Public Transit 1%

Occupancy by Type

Owned 6,368 46%
Rented 4,316 31%
Vacant 3,177 23%

White vs Blue Collar Jobs







White Collar 72%
Blue Collar 28%

Family & Education Facts
for Fort Walton Beach, FL 32548

41.5 Median Age

Average Household Size

2.1
persons per
household

41.1%

Married Households

Community Population By Education

High School Graduate 31%
Some College 23%
Bachelors Degree 18%
Graduate Degree 12%
Associates Degree 9%
Some High School 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 30.79% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
26.2% of households have children

Weather
for Fort Walton Beach, FL 32548

The weather for this area ranges from a high of 90° F in July to a low of 41° F in January

90° July
Hottest Average Month
41° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
41°
60°
Feb
44°
63°
Mar
50°
69°
Apr
57°
76°
May
65°
83°
Jun
71°
88°
Jul
74°
90°
Aug
73°
90°
Sep
69°
87°
Oct
59°
79°
Nov
50°
70°
Dec
43°
63°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Fort Walton Beach, FL 32548!
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Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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