Zumper
modified
39 Minutes Ago

Highlights

  • Pet Friendly
  • Closet space
  • Fully equipped kitchen
  • Large bedrooms
  • Downtown area
  • Spacious kitchen floor plan

Location

127 Alder Ave Se, Fort Walton Beach, FL 32548, USA|Elliott's Point
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Contact

Management

Bay Community Management LLC

Leasing office

(850) 613-1938 ext. 2

Property Overview

127-133 Alder Avenue is rated highly for overall value, with strong scores for price, location, amenities, quality, and trustworthiness. It offers spacious bedrooms, a fully equipped kitchen, and generous closet space in a downtown setting, along with nearby parks, dining, cultural spots, and pet services.

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.

Zumper Expert Rating

8.8
Very Good
With 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.

Things you’ll love

  • Elementary school nearby
  • Less expensive

Great for

  • Pet owners
  • Social life

Floor plans

2BR/1.0BA2 bed1 bath1,031 sqft$1,500 /mo2 units availableThis is an affordable lovely 2-bedroom 1-bath for an amazing price of $1,500 m/o. The living room is spacious with an open kitchen floor plan with 2 large bedrooms with plenty of closet space. The apartment is in a fabulous location near downtown area of Fort Walton Beach. The kitchen is fully equipped, and the apartment is approximate 1000 square feet. This affordable apartment will not last long in this location. Call today 850 226 1496 Tonya Kennedy Bay Community Management ****

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Amenities for 127-133 Alder Avenue

Appliances

Fridge and Stove

Building

Cats OKDogs 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

Units10
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About 127-133 Alder Avenue

HomeApartments in Fort Walton BeachElliott's Point 127-133 Alder Avenue

This is an affordable lovely 2-bedroom 1-bath for an amazing price of $1,500 m/o. The living room is spacious with an open kitchen floor plan with 2 large bedrooms with plenty of closet space. The apartment is in a fabulous location near downtown area of Fort Walton Beach. The kitchen is fully equipped, and the apartment is approximate 1000 square feet. This affordable apartment will not last long in this location. Call today 850 226 1496 Tonya Kennedy Bay Community Management ****


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 Good
With 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.
How we rated 127-133 Alder Avenue
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:

Pet owners

  • 4 pet hospitals in the area
  • 6 pet supply stores near the property
  • 1 pet grooming service nearby

Social life

  • 138 restaurants within 1 mile of this property
  • Area has 20 parks and recreation options
  • 47 museums, art galleries, or cultural centers within 1 mile
  • 18 local event hubs within 1 mile

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

Elementary school nearby
There is an elementary school 0.3 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away
Greater distance from middle schools
The nearest middle school is farther than 2 miles away
Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available
Lacks images
Fewer than 10 photos available for this location
No in-unit dishwasher
Dishwashers aren't available

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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 Jul 4 2026.
Elliott's Point
Fort Walton Beach
A table of 1-bedroom apartment rental data trends in Fort Walton Beach
MonthMedian Rent
July 2024$1,425
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$1,506
June 2026$1,504
July 2026$1,459
A table of 1-bedroom apartment rental data trends in Elliott's Point
MonthMedian 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$1,260
June 2026$1,250
July 2026$1,250

Affordability calculator

Can I afford to live at 127 Alder Ave Se?

Bedrooms

2 bedrooms

Rent-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

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

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.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

2/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 127 Alder Ave Se, Fort Walton Beach

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

4/10
Some bars within walking distance

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