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103 Thornhill Rd, Fort Walton Beach, FL, 32547

2beds
4baths
2,046sqft
$309,900
$151price/sqft
$2,263/moest. monthly cost
$90,520/yrincome needed

About This Home

Positioned in the heart of Fort Walton Beach and now offered at $75,000 below the original list price, this property presents a rare opportunity for savvy buyers looking to build immediate equity while capitalizing on one of the Emerald Coast's most consistently in-demand rental markets. Whether you're searching for a primary residence with upside potential, a long-term investment property, or a future resale opportunity, the heavy lifting has already been done. Major system updates have been completed for you, including a new roof, updated electrical panel, two brand-new HVAC systems, new water heater, new carpet, new pool liner, and a screened lanai--significantly reducing upfront expenses and giving buyers confidence in the home's long-term value. Ideally located just minutes from Eglin Air Force Base, Hurlburt Field, shopping, dining, and the Emerald Coast's white sandy beaches, this home is strategically positioned to benefit from steady demand from military personnel, contractors, vacationers, and future buyers alike. The flexible floor plan offers the potential for an easy conversion to a 3-bedroom layout or more, creating additional value and increasing rental appeal. Outside, the private screened-in pool, dedicated pool bathroom, expansive covered patio, and spacious backyard create the kind of lifestyle amenities today's renters and buyers are actively searching for. Opportunities to purchase a centrally located property with major improvements already complete Located just minutes from Eglin AFB and Hurlburt Field, this home is perfectly positioned for strong rental demand from military personnel and contractors. Don't miss this chance to invest in a centrally located, high-potential property with major systems already updated.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

4/10
Wright Elementary SchoolGrades PK-51.3 mi
5/10

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 1956

Materials

  • Foundation: Slab
  • Roof: Rolled/Hot Mop
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Range Hood,Electric Water Heater
  • Laundry features: Washer/Dryer Hookup

Bedroom

  • Level: First
  • Area: 115.5
  • Dimensions: 10.5 x 11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Area

  • Level: First
  • Area: 245
  • Dimensions: 14 x 17.5

Dining Room

  • Level: First
  • Area: 120
  • Dimensions: 10 x 12

Family Room

  • Level: First
  • Area: 323.75
  • Dimensions: 17.5 x 18.5

Features

  • Beamed Ceilings,Vaulted Ceiling(s),Kitchen Island,Recessed Lighting,Walls Mirrored
  • Window features: Plantation Shutters,Window Treatments
  • Flooring: Tile,Carpet
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,046
  • Total interior livable area: 2,046 sqft

Kitchen

  • Level: First
  • Area: 262.5
  • Dimensions: 15 x 17.5

Laundry

  • Level: First
  • Area: 126.5
  • Dimensions: 11 x 11.5

Living Room

  • Level: First
  • Area: 286
  • Dimensions: 22 x 13

Master Bedroom

  • Level: First
  • Area: 174
  • Dimensions: 14.5 x 12

Property

Details

  • Parcel number: 022S24100200070200
  • Zoning description: Resid Single Family
  • Special condition: Real Estate Owned

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground,Pool - Enclosed
  • Patio & porch: Enclosed
  • Exterior features: Private Yard
  • Fencing: Partial,Privacy

Lot

  • Lot size: 10,018 sqft
  • Features: Level
  • Lot size dimensions: 86 x 138 x 60 x 139

Parking

  • Total spaces: 1
  • Parking features: Attached Carport,Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Hurricane
Heat Wave
Tornado
Tsunami

FEMA Declared Disasters in Okaloosa County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,567$18,804
Home Insurance *$143$1,716
Property Taxes $348$4,176
Electricity $205$2,470
Total$2,263$27,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,588/yr
40% on housing$67,890/yr
45% on housing$60,346/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 32547$188
Okaloosa County$263

vs Homes Sold Last Month

Median $/sqft

ZIP 32547$216
Okaloosa County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-12Price change$324,900
2026-03-13Price change$329,900
2026-03-05Listed for sale$335,000
2026-02-03Pending sale$335,000
2026-01-25Price change$335,000
2025-12-31Listed for sale$339,900
2025-12-31Pending sale$339,900
2025-12-12Price change$339,900
2025-12-02Listed for sale$349,900
2025-10-27Pending sale$349,900
2025-10-27Listed for sale$349,900
2025-10-11Listing removed$349,900
2025-09-26Price change$349,900
2025-08-18Price change$359,000
2025-07-31Listed for sale$364,900
2025-07-23Listing removed$364,900
2025-07-17Price change$364,900
2025-07-11Price change$375,000
2025-05-23Price change$389,900
2025-04-05Listed for sale$399,900
2024-10-01Sold$228,800

Unknown Listed By

AgentJennifer Wilson
BrokerageNextHome Cornerstone Realty

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