15 Hours Ago
Highlights
Pet Friendly
Location
127 Alder Ave Se, Fort Walton Beach, FL 32548, USA|Elliott's Point
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Property Overview
127-133 Alder Avenue offers excellent overall value, earning an expert rating of 8.8/10 with perfect pricing, strong amenities, and a convenient 9/10 location near transit options, schools, parks, and restaurants. Residents can enjoy a spacious kitchen and living area, strong value for money, and easy access to pet services, green spaces, and diverse social and recreational options within walking distance.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Elementary school nearby
- Pet friendly
Great for
Pet owners
Social life
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 1,031 sqft | $1,500 /mo | 1 unit available | This is a lovely spacious 2-Bedroom/ 1-Bath apartment located near downtown Fort Walton Beach. This unit has an open floor plan with a spacious Kitchen & living area, along with 2 large bedrooms. The apartment is near Downtown Fort Walton Beach, walking distance to Publix, minutes to the sandy white beaches, and restaurants. Call Today! Bay Community Management 850 226 1496 **** |
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Amenities for 127-133 Alder Avenue
Appliances
| Fridge and Stove |
Building
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 10 |
|---|
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About 127-133 Alder Avenue
This is a lovely spacious 2-Bedroom/ 1-Bath apartment located near downtown Fort Walton Beach. This unit has an open floor plan with a spacious Kitchen & living area, along with 2 large bedrooms. The apartment is near Downtown Fort Walton Beach, walking distance to Publix, minutes to the sandy white beaches, and restaurants. Call Today! Bay Community Management 850 226 1496 ****
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, 127-133 Alder Avenue is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 127-133 Alder Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
127-133 Alder Avenue offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 127-133 Alder Avenue is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
127-133 Alder Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·8A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Anyone looking for quality at a great value will find 127-133 Alder Avenue to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
127-133 Alder Avenue is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 127-133 Alder Avenue compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Pet friendly
- This property allows pets
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Elliott's Point
2-bedroom apartments at 127-133 Alder Avenue cost about the same as the average rent price for 2-bedroom apartments in Elliott's Point.
Median rents as of May 16 2026.
Elliott's Point
Fort Walton Beach
| Month | Median Rent |
|---|---|
| June 2024 | $1,346 |
| July 2024 | $1,365 |
| August 2024 | $1,513 |
| September 2024 | $1,359 |
| October 2024 | $1,336 |
| November 2024 | $1,314 |
| December 2024 | $1,348 |
| January 2025 | $1,464 |
| February 2025 | $1,412 |
| March 2025 | $1,365 |
| April 2025 | $1,365 |
| May 2025 | $1,388 |
| June 2025 | $1,376 |
| July 2025 | $1,418 |
| August 2025 | $1,439 |
| September 2025 | $1,488 |
| October 2025 | $1,513 |
| November 2025 | $1,518 |
| December 2025 | $1,389 |
| January 2026 | $1,427 |
| February 2026 | $1,392 |
| March 2026 | $1,387 |
| April 2026 | $1,466 |
| May 2026 | $1,455 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,250 |
| December 2024 | $1,250 |
| January 2025 | $1,250 |
| April 2025 | $1,250 |
| May 2025 | $1,250 |
| October 2025 | $1,250 |
| December 2025 | $1,200 |
| January 2026 | $1,207 |
| February 2026 | $1,200 |
| March 2026 | $1,258 |
| April 2026 | $1,306 |
| May 2026 | $1,275 |
Affordability calculator
Can I afford to live at 127 Alder Ave Se?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 2-bedrooms monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
Schools near 127-133 Alder Avenue
Northwest Florida Ballet Academie
310 perry ave se
fort walton beach, FL, 32548
3-9Public
A-
Okaloosa Virtual Instruction Program
202a hwy 85 n
niceville, FL, 32578
K-12Public
Elliott Point Elementary School
301 hughes st ne
fort walton beach, FL, 32548
PK, K-5Public
B
Silver Sands School
349 holmes blvd nw
fort walton beach, FL, 32548
PK, K-12Public
Okaloosa STEMM Academy
379 edge ave
valparaiso, FL, 32580
PK, 6-8Public
A
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Internet available near 127-133 Alder Avenue
Neighborhood
Elliott's Point | Fort Walton Beach, FL
Getting around Fort Walton Beach near 127 Alder Ave Se
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 127 Alder Ave Se, Fort Walton Beach
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Nightlife
4/10
Few or no bars within walking distance
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