Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Open floor plan
  • Fully equipped kitchen
  • Large living area

Location

127 Alder Avenue Southeast, Fort Walton Beach, Florida 32548, United States|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 highly rated with an overall score of 8.8 from Zumper, showcasing excellent value given its competitive pricing and impressive amenities. The property features an open floor plan, fully equipped kitchen, and large living area, all located in a vibrant neighborhood with numerous restaurants, parks, and convenient public transport. It is also recognized for its social life, environmental sustainability, and pet-friendly amenities, making it a desirable choice for various lifestyles.

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

  • More space
  • Elementary school nearby
  • Pet friendly

Great for

  • Pet owners
  • Eco living
  • Social life

Floor plans

2BR/1.0BA2 bed1 bath730+ sqft$1,500 /mo2 units available2-Bedroom/ 1-Bath close to Downtown Fort Walton Beach. Lovely 2-bedroom/ 1-bath open floor plan with a large living area with the kitchen fully equipped overlooking the living room. The bedrooms are spacious and plenty of closet space. This location is near the Brooks Bridge and minutes to Downtown Fort Walton Beach and Okaloosa Island. Shopping and waterfront dining walking distance. Call Today! Bay Community Management 850 226 1496 ****

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Amenities for 127-133 Alder Avenue

Appliances

FridgeRange
RefrigeratorStove

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

2-Bedroom/ 1-Bath close to Downtown Fort Walton Beach. Lovely 2-bedroom/ 1-bath open floor plan with a large living area with the kitchen fully equipped overlooking the living room. The bedrooms are spacious and plenty of closet space. This location is near the Brooks Bridge and minutes to Downtown Fort Walton Beach and Okaloosa Island. Shopping and waterfront dining walking distance. 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 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

  • 5 pet hospitals in the area
  • 1 dog park within 1 mile
  • 5 pet supply stores near the property
  • 1 pet grooming service nearby

Eco living

  • 21 parks within a mile
  • You can get around by foot in this area
  • Public transit available nearby

Social life

  • 141 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • Area has 21 parks and recreation options
  • Diverse age groups live in this area

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

More space
The 2-bedroom is 51 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.3 mile away
Pet friendly
This property allows pets

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
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 2% more than the average rent price for 2-bedroom apartments in Elliott's Point.

Median rents as of Mar 7 2026.
Elliott's Point
Fort Walton Beach
A table of 1-bedroom apartment rental data trends in Fort Walton Beach
MonthMedian Rent
March 2024$1,300
April 2024$1,295
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$1,350
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$1,200

Affordability calculator

Can I afford to live at 127 Alder Avenue Southeast?

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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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 Avenue Southeast

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 Avenue Southeast, 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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