Condo for rent

5+ Days Ago

Martin Luther King Jr Blvd
Martin Luther King Jr Blvd, Fort Walton Beach, FL 32547, USA

Monthly rent	$4,175
Beds	Studio
Baths	–
Sqft	–

Monthly rent	$4,175
Beds	Studio
Baths	–
Sqft	–

5+ Days Ago

Location

Martin Luther King Jr Blvd, Fort Walton Beach, FL 32547, USA

Tour Martin Luther King Jr Blvd

Contact

Your House Team

RE/MAX Agency One, Inc.

(844) 394-9568 ext. 9013

Amenities for Martin Luther King Jr Blvd

Community

Business Center

Grounds

Outdoor Space

Storage

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

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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About Martin Luther King Jr Blvd

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Apartments in Fort Walton Beach

Martin Luther King Jr Blvd, Fort Walton Beach, FL 32547, USA

Property Status: Active Take advantage of this rare ground lease or build-to-suit opportunity in one of Fort Walton Beach's most strategic corridors. This 1.18-acre Mixed Use parcel sits just outside the gate of Hurlburt Field with prime frontage on Freedom Way and high daily traffic. Zoned to support a variety of commercial or institutional uses, the site is ideal for a military contractor office, self-storage facility, contractor laydown yard, logistics hub, or other service-oriented business. Exceptional visibility and access make this an attractive long-term option for tenants seeking strategic placement. 5-year lease term required. Office Phone: (850) 398-8898 Copyright © 2026 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: Emerald Coast Association of Realtors|MLS Listing No. 982503

Address details

Zip code	32547
Type	Condo for rent

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Rent trends in Fort Walton Beach

studio apartments at Martin Luther King Jr Blvd cost about 68% more than the average rent price for studio apartments in Fort Walton Beach.

Median rents as of May 23 2026.

Fort Walton Beach

A table of studio rental data trends in Fort Walton Beach
Month	Median Rent
June 2024	$1,400
July 2024	$1,285
August 2024	$1,156
September 2024	$1,095
October 2024	$1,095
November 2024	$1,095
December 2024	$1,095
January 2025	$1,095
February 2025	$1,095
March 2025	$1,128
April 2025	$1,128
May 2025	$1,172
June 2025	$1,204
July 2025	$1,173
August 2025	$1,261
September 2025	$1,217
October 2025	$1,219
November 2025	$2,169
December 2025	$2,325
January 2026	$2,143
February 2026	$2,044
March 2026	$2,509
April 2026	$2,500
May 2026	$2,396

Affordability calculator

Can I afford to live at Martin Luther King Jr Blvd?

Bedrooms

Studio

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

$167,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $167,000 annually to afford this studio monthly rent price of $4,175.

For more information on rent affordability, visit our rent calculator.

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