1 Day Ago
Highlights
Pet Friendly
- Open floor plan
- Fully equipped kitchen
- Large living area
Location
127 Alder Ave Se, Fort Walton Beach, FL 32548, USA|Elliott's Point
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Property Overview
127-133 Alder Avenue delivers strong overall value, with an expert rating of 8.8/10 and top-tier scores for price, location, and quality, reflecting a well-managed, competitively priced option with convenient access to public transit and a nearby highly rated elementary school. Its open floor plan, fully equipped kitchen, and large living area combine with excellent value-for-money metrics and high value per square foot. The area’s strong pet-friendly resources, vibrant social scene with many parks and restaurants, and walkable, transit-accessible environment further enhance everyday living.
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
Elementary school nearby- Less expensive
- More space
Great for
Pet owners
Eco living
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
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- More space
- The 2-bedroom is 51 sqft larger than other listings nearby
Considerations
- 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 Apr 25 2026.
Elliott's Point
Fort Walton Beach
| Month | Median Rent |
|---|---|
| May 2024 | $1,325 |
| 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 |
| 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 |
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
Explore the area around 127 Alder Ave Se
Publix
251 Miracle Strip Pkwy SE
Winn-Dixie
99 Eglin Pkwy
Hurlburt Food Mart
245 Miracle Strip Pkwy SW
Publix
610 Eglin Pkwy NE
Thai Market
404 Racetrack Rd NE
Bou Cou Dancewear
112 Eglin Pkwy SE
Coral Reef Gift
230 Miracle Strip Pkwy SE
Corner Shop T's LLC
230 Miracle Strip Pkwy SE
Dennis & Co
205 Florida Pl SE
Alvin's Island
1204 Miracle Strip Pkwy SE
Parlor Doughnuts
191 Miracle Strip Pkwy SE
Coffee Ave
211 Florida Pl SE
Maas Coffee Roasters
150 Miracle Strip Pkwy SE
7 Brew Coffee
44 Eglin Pkwy NE
Starbucks
95 Eglin Pkwy NE
Papa Joe's Hideaway LLC
104 Perry Ave SE
Rumors
125 Ferry Rd SE
The Gulf
1284 Marler Ave
Coasters
214 Miracle Strip Pkwy SE
Starcade Billiards
34 Eglin Pkwy SE
Gulf Coast Seafood
51 Miracle Strip Pkwy SE
Dreamcoast Nutrition
73 Eglin Pkwy NE
Kim's II Restaurant
99 Eglin Pkwy NE
Max Muscle Nutrition
99 Eglin Pkwy NE
The Peach Cobbler Factory
99 Eglin Pkwy NE
Props Brewery & Grill
255 Miracle Strip Pkwy SE
Maui Bus Stop
101 Perry Ave SE
Bay Cafe French Restaurant
233 Alconese Ave SE
Don CHA Peruvian Food
100 Perry Ave SE
Papa Joe's Hideaway LLC
104 Perry Ave SE
Shoppes At Paradise Point
Okaloosa Island
Windham/3rd St
Fwb Landing
Okaloosa Island
Marler Park
Okaloosa Island
Windham (White Sands)
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