Fort Walton Beach, FL - Park Place, Fort Walton Beach, FL
Fort Walton Beach, FL - Park Place — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Fort Walton Beach, FL - Park Place, Fort Walton Beach, Florida. Explore the cited sources and local facts below while agent underwriting continues.
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Fort Walton Beach, FL - Park Place Neighborhood Overview
Park Place is a residential neighborhood located in the heart of Fort Walton Beach, Florida, within the 32547 ZIP code. This established community offers a central location with convenient access to the city's renowned beaches, shopping, and major employers. Residents enjoy a classic Florida lifestyle in a neighborhood characterized by single-family homes and a strong sense of community.
Lifestyle & Amenities
The neighborhood's central position provides easy access to the retail and dining options along Eglin Parkway and nearby Uptown Station. Residents are just a short drive from the sugar-white sands and emerald waters of the Gulf of Mexico at Okaloosa Island and Beasley Park. Local parks and recreational facilities offer opportunities for outdoor activities without leaving the immediate area.
Real Estate Market
The real estate market in Park Place features a median home value of $272,100, with a price per square foot around $252. The market moves at a measured pace, with homes averaging 153 days on market, and a majority 57% homeownership rate reflects a stable community of owners and renters. Rental options are available with a median rent reported at $1,279 per month.
Schools & Education
Families in Park Place are served by the Okaloosa County School District, which is consistently recognized for its high academic performance. Several well-regarded public schools are located within a short distance of the neighborhood. The area also provides access to nearby higher education institutions and vocational training centers.
Transportation & Connectivity
Park Place is highly accessible via major thoroughfares like Eglin Parkway (Highway 85) and Mary Esther Cut-Off, facilitating easy commutes to Eglin Air Force Base, Hurlburt Field, and Destin. The neighborhood is designed primarily for vehicular travel, with public transit options available through Okaloosa County Transit. Northwest Florida Regional Airport (VPS) is conveniently located just a few miles to the east for air travel.
Why Choose Fort Walton Beach, FL - Park Place
Park Place is an ideal choice for those seeking an affordable, centrally-located neighborhood in Fort Walton Beach with a median household income of $61,407. It offers a balanced lifestyle with proximity to beaches, employment centers, and everyday conveniences. The community provides a practical and attractive option for military personnel, young families, and professionals looking to establish roots in the Florida Panhandle.
Fort Walton Beach, FL - Park Place Market Data
| Metric | Value |
|---|---|
| Median Home Price | $272K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $61K |
| Homeownership Rate | 56.6% |
| Renter-Occupied | 43.4% |
| Rental Vacancy Rate | 3.6% |
| Market Type | Seller's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 32547 |
Top Real Estate Agents in Fort Walton Beach, FL - Park Place, Fort Walton Beach
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Fort Walton Beach, FL - Park Place, Fort Walton Beach, FL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Florida Department of Business & Professional Regulation (DBPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15