3 Days Ago
Location
Fort Walton Beach, FL 32548, USA|Oakland
Tour 38 NW Cape Drive Drive
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Amenities for 38 NW Cape Drive Drive, Oakland
Apartment Amenities
| Central Air | Electric Heating |
| Fireplace |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Exterior Type: Brick | Onsite Laundry |
Grounds
| Garage Parking | Outdoor Space |
| Storage |
Other
| Six Rooms |
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
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About 38 NW Cape Drive Drive
Property Status: Active This property qualifies for Security Deposit Options! Move in without having to have the security deposit paid upfront! Contact Spence Properties for more details! Completely renovated and move-in ready. This updated home features a spacious primary suite, a modern kitchen with an island and built-in storage, and an indoor laundry room with a washer and dryer included. The renovations blend function and comfort, offering a clean and inviting living space. Conveniently located near Eglin Air Force Base and Hurlburt Field. Pets are considered with owner approval; pet deposit may vary. To apply or schedule an appointment go to myspenceproperties. com Office Phone: (850) 826-0442 Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Source: ECARMLSFL|MLS Listing No. 988898
38 NW Cape Drive Drive is great for:
Address details
| Neighborhood | Oakland |
|---|---|
| Zip code | 32548 |
| Type | House for rent |
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Rent trends in Oakland
4-bedroom apartments at 38 NW Cape Drive Drive cost about 4% more than the average rent price for 4-bedroom apartments in Oakland.
Median rents as of Nov 8 2025.
Oakland
Fort Walton Beach
| Month | Median Rent |
|---|---|
| November 2023 | $2,300 |
| December 2023 | $2,226 |
| January 2024 | $2,230 |
| February 2024 | $2,394 |
| March 2024 | $2,392 |
| April 2024 | $2,396 |
| May 2024 | $2,524 |
| June 2024 | $2,489 |
| July 2024 | $2,562 |
| August 2024 | $2,650 |
| September 2024 | $2,548 |
| October 2024 | $2,407 |
| November 2024 | $2,443 |
| December 2024 | $2,547 |
| January 2025 | $2,584 |
| February 2025 | $2,536 |
| March 2025 | $2,540 |
| April 2025 | $2,496 |
| May 2025 | $2,513 |
| June 2025 | $2,684 |
| July 2025 | $2,509 |
| August 2025 | $2,441 |
| September 2025 | $2,507 |
| October 2025 | $2,407 |
| November 2025 | $2,400 |
| Month | Median Rent |
|---|---|
| November 2025 | $2,490 |
Affordability calculator
Can I afford to live at Fort Walton Beach?
Bedrooms
4+ 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
$104,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $104,000 annually to afford this 4-bedrooms monthly rent price of $2,600.
For more information on rent affordability, visit our rent calculator.
Schools near 38 NW Cape Drive Drive
Okaloosa Virtual Instruction Program
202a hwy 85 n
niceville, FL, 32578
K-12Public
Annette P. Edwins Elementary School
350 hollywood blvd. sw.
fort walton beach, FL, 32548
PK, K-5Public
B-
Northwest Florida Ballet Academie
310 perry ave se
fort walton beach, FL, 32548
3-9Public
A-
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 38 NW Cape Drive Drive
Neighborhood
Oakland | Fort Walton Beach, FL
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around FL 32548 near Fort Walton Beach
Walking
4/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for Fort Walton Beach, FL 32548
Groceries
3/10
No grocery stores within walking distance
Shopping
5/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
2/10
No high schools within a 30-minute walk
Nightlife
3/10
Few or no bars within walking distance
Explore the area around Fort Walton Beach
Hurlburt Food Mart
245 Miracle Strip Pkwy SW
Winn-Dixie
99 Eglin Pkwy
Publix
251 Miracle Strip Pkwy SE
Publix
421 Mary Esther Cut Off NW
ALDI
427 Mary Esther Cut Off NW
Drip the Boutique
139 Beal Pkwy SE
El Kana Shoes LLC
90 Beal Pkwy NW
Faye's Boutique & Accessories
124B McGriff St NE
Lily's Boutique
99 Eglin Pkwy NE
Ross Dress For Less
99 Eglin Pkwy NE
Tropical Smoothie Cafe
415 C Mary Esther Blvd
Starbucks
95 Eglin Pkwy NE
7 Brew Coffee
44 Eglin Pkwy NE
Dunkin'
169 Eglin Parkway NE
Maas Coffee Roasters
150 Miracle Strip Pkwy SE
Cash's Pirates Cove
31 Beal Pkwy NE
Tavern on South
54 Miracle Strip Pkwy SE
Buffalo Wild Wings
99 Eglin Pkwy
A J's on the Bayou
200 Eglin Pkwy SE
Sundown Lounge
315 Miracle Strip Pkwy SW
Kupcakes A Go-Go
129 Willard Rd NW
Cupcakes By the Beach
128 Miracle Strip Pkwy SW
Dreamcoast Nutrition
73 Eglin Pkwy NE
From Scratch Bakery LLC
110 Ferry Rd NE
Bon Appetit French Bakery and Cafe
420 Mary Esther Cut Off NW
Don CHA Peruvian Food LLC
Tropical Smoothie Cafe
415 C Mary Esther Blvd
Windy City Italian Ice Co
Smokehouse Dinner Company
6 Walter Martin Rd NE
Tiana's Lunch Box
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