Skip to main content
Dream Destin Realty

Fort Walton Beach ยท Neighborhood

Shangra Woods Homes for Sale

Shangra Woods is three Okaloosa County subdivision entries in Section 35, Township 1S, Range 24, holding 59 parcels: 53 labeled SFR/townhouse, five multi-family and one county common area.

Updated

    Short-term rentals: not allowed, per our brokerage's rental review.

    Search Fort Walton Beach ListingsWhat's My Home Worth?

    Living in Shangra Woods

    The county index lists SHANGRA WOODS (subdivision 148, parcel numbers beginning 35-1S-24-2249), SHANGRA WOODS 1ST ADD (146, 2250) and SHANGRA WOODS 2ND ADD (147, 2251), all in Section 35, Township 1S, Range 24. The deed's legal description shows which of the three applies.

    The three series hold 59 parcels: 18 in the original, 36 in the 1st Addition and 5 in the 2nd. The county labels 53 SFR/townhouse, five multi-family, all in the 1st Addition, and one county parcel whose legal description reads common area as per plat. On outlines drawn at 0.04 to 0.15 acre, the 53 show county years built between 1982 and 1995: 30 in the 1980s, 23 in the 1990s. Two of the multi-family parcels are dated 2023 and the other three 1987, 1988 and 1990.

    County address points total 95 on 58 parcels, all naming Fort Walton Beach and ZIP code 32547. The 53 SFR/townhouse parcels have one point apiece. The five multi-family parcels carry the other 42 between them, anywhere from 2 to 24 on a single parcel, and the common area has none. By count: Ashley Lane 41, Central Avenue 27, McFarlan Avenue 18 and Rachel Drive 9.

    A flood statement for the whole of Shangra Woods is not made here. Each parcel number can be entered in the county's FEMA flood zone layer instead.

    Searching Shangra Woods in Fort Walton Beach and saving the result on August 20, 2026 gave 30 sold homes against two active. The result belongs to that one date and is not a picture of what is for sale now.

    HOA & Fees

    What is the HOA fee at Shangra Woods?

    No HOA fee for Shangra Woods has been reported on the MLS in our records. Whether a home belongs to an association, and what it charges, is set by that home's recorded covenants, so ask a licensed real estate agent or the association about the home you are considering.

    Live Inventory

    Homes for Sale in Shangra Woods

    New

    $224,500

    956 Mcfarlan Avenue

    Fort Walton Beach, FL 32547

    2 bd 2.5 ba 1,474 sqft
    Price Reduced

    $225,000

    948 McFarlan Avenue

    Fort Walton Beach, FL 32547

    2 bd 2.5 ba 1,474 sqft

    Local Answers

    Shangra Woods FAQ

    How much is the HOA fee at Shangra Woods?

    No HOA fee for Shangra Woods has been reported on the MLS in our records. Whether a home belongs to an association, and what it charges, is set by that home's recorded covenants, so ask a licensed real estate agent or the association about the home you are considering.

    Which Shangra Woods addition does a parcel belong to?

    The parcel number's prefix settles it and the legal description confirms it. All begin 35-1S-24: 2249 is the original Shangra Woods (18 parcels), 2250 the 1st Addition (36) and 2251 the 2nd Addition (5).

    What are the five multi-family parcels and the county parcel in Shangra Woods?

    All six are in the 1st Addition. The multi-family legal descriptions read Unit 26, Units 36 and 37, Unit 38, Unit 39 and Lots 33 through 35, and the county parcel reads common area as per plat. Two of the five multi-family parcels are dated 2023.

    Why do Shangra Woods' 95 address points sit on only 58 parcels?

    The 53 SFR/townhouse parcels have one point each and the five multi-family parcels share the other 42, with the most on a single parcel at 24. The county common area has no point.

    What should a buyer look up for flood status at a Shangra Woods unit?

    The county's FEMA flood zone layer, searched by that unit's own parcel number. Three additions with different boundaries are involved, so no single answer is given for the whole neighborhood.

    Which date applies to the Shangra Woods sales count?

    August 20, 2026, the date of the saved Fort Walton Beach search showing two active and 30 sold homes. It is not today's count, so run a fresh search before comparing.

    Explore the Area

    Other Fort Walton Beach Neighborhoods

    Condo Buildings in This Market

    Sources

    Shangra Woods Market Analytics

    Sale prices, trends, days on market, and inventory - refreshed monthly from MLS data.

    See the market report

    Thinking about Shangra Woods?

    Covenants, rental rules, resale history - get the neighborhood file from agents who work it.

    Talk to a Local ExpertFree Valuation