Coastal Realty Services
Coastal Realty Services is a family-owned, Fort Walton Beach-based property management and real estate brokerage serving 712 rental units across 11 Emerald Coast sub-markets, with specialization in military tenants near Eglin and Hurlburt AFBs.
- Company typePrivate
- Founded1973
- HeadquartersFort Walton Beach, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Coastal Realty Services does
Coastal Realty Services is a family-owned property management and real estate brokerage company headquartered in Fort Walton Beach, Florida, founded in 1973 by Bob and Edna Hudgens following Bob's retirement from the U.S. Air Force at Eglin Air Force Base. The company operates two integrated service lines: a full-service residential property management division covering tenant screening, rent collection, maintenance coordination, accounting, marketing, lease enforcement, and eviction management across single-family homes, townhomes, apartments, and condos; and a traditional real estate brokerage supporting buyers and sellers across the Emerald Coast. As of the most recent data, the company manages 712 properties and has placed more than 25,000 tenants since inception, serving 11 sub-markets from Milton to Santa Rosa Beach–30A, with particular specialization in military-tenant dynamics tied to Eglin AFB and Hurlburt Field.
Coastal Realty Services firmographics
Firmographics- Name
- Coastal Realty Services
- Legal name
- Coastal Realty Services
- Website
- https://coastalrealtyservices.com
- Company type
- Private
- Founded year
- 1973
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Coastal Realty Services is a family-owned, Fort Walton Beach-based property management and real estate brokerage serving 712 rental units across 11 Emerald Coast sub-markets, with specialization in military tenants near Eglin and Hurlburt AFBs.
- Ownership category
- akta.pro rank
Coastal Realty Services industry classification
Industry- Product category
- Property Management Services
- NAICS
- Real Estate Property Managers (53131), Residential Property Managers (531311), Offices of Real Estate Agents and Brokers (5312)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate Operators (No Developers) & Lessors (6510), Real Estate (6500)
- akta.pro industry
- Residential Investment Property Brokerage (SFR/Small Multifamily)Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Real Estate BrokerageTraditional Residential Brokerage (Existing Homes)Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Real Estate Brokerage
Keywords
Where Coastal Realty Services is headquartered
LocationHeadquarters
- HQ city
- Fort Walton Beach
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Coastal Realty Services business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Property Management Fees: The primary revenue stream is a 10% fee on collected rent for property management services including tenant placement, ongoing management, maintenance coordination, rent collection, and financial reporting.
- Lease and Renewal Fees: One-time lease fee at tenant placement (half-month rent) plus a $149 renewal fee when existing tenants sign new lease terms.
- Referral Program Fees: Agent referral fees ranging from $350 to $750 per referral based on monthly rent levels, with loyalty rewards for agents who refer 5+ properties.
- Application Screening Fees: Application screening fees of $35 to $75 per adult applicant collected upfront before processing.
- Real Estate Sales Commissions: Full-service real estate brokerage providing buying and selling services in Fort Walton Beach and surrounding areas, generating commission revenue on property transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard Property Management: 10% of collected rent plus half-month lease fee |
| Transaction based/ take rate | Pay-as-you-go | Agent Referral Program: $350-$750 per referral based on monthly rent |
| Subscription | Pay-as-you-go | Owner Referral Program: 1 month free management per property referred |
| Transaction based/ take rate | Pay-as-you-go | Application Screening Fees: $35-$75 per adult applicant |
Go-to-market motion2 records
Distribution channels7 records
Marketing channels7 records
Coastal Realty Services product offering
Product offeringCore offering
Coastal Realty Services provides full-service residential and commercial property management for rental property owners in the Emerald Coast region of Northwest Florida, handling tenant screening, rent collection, maintenance coordination, accounting, marketing, lease enforcement, and eviction management. The company also operates a real estate brokerage offering buyer and seller representation in Fort Walton Beach and surrounding communities, supported by 24/7 online owner and tenant portals.
Product overview
Coastal Realty Services operates as a dual-division full-service real estate company serving the Emerald Coast/Fort Walton Beach area since 1973. The company offers two integrated service lines: (1) Property Management — a comprehensive rental management service covering tenant screening via Rentvine, rent collection, maintenance coordination, accounting/reporting, marketing, eviction management, and legal compliance, with sub-modules for owner and tenant portals; and (2) Real Estate Services — traditional brokerage for buyers and sellers. Additional offerings include a Property Referral Program, a Rent vs. Sell Calculator, and a Free Rental Analysis tool. The company manages both residential (single-family homes, townhomes, apartments, condos) and commercial properties across Fort Walton Beach, Destin, Navarre, Niceville, and surrounding Florida communities.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Management Full-service property management for rental properties in Fort Walton Beach and surrounding Emerald Coast areas, covering tenant screening, rent collection, maintenance coordination, accounting, marketing, lease enforcement, eviction management, and legal compliance under Florida landlord-tenant law.
- Real Estate Services Full-service real estate brokerage providing buyer representation, seller representation, and investment portfolio assistance in Fort Walton Beach and surrounding Emerald Coast communities.
- Property Referral Program
Quantifiable outcome
- Less than 1% eviction rate
- +5 more outcomes
Companies that use Coastal Realty Services
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles5 records
Coastal Realty Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
Feature5 records
Coastal Realty Services partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Employee Relocation CouncilcoreCoastal Realty Services is a partner with the Employee Relocation Council, providing relocation services to renters and home buyers moving into and out of the area, including international moves.
- Military Relocation NetworkcorePartnership with Military Relocation Network specifically serving military families, understanding the unique needs of PCS moves, BAH verification, and SCRA lease termination rights.
- 7 Kids PlumbingminorPreferred plumbing vendor for maintenance services on managed properties.
- Wayne Barlow ElectricminorPreferred electrical contractor for maintenance services on managed properties.
- Dolphin Home ServicesminorPreferred vendor for handyman work, cleaning, and landscaping services, particularly during property turnovers when multiple services may be needed.
- RentvinecorePrimary property management platform for owner and tenant communication, maintenance tracking, financial reporting, and document management. Used for credit, criminal history, and eviction record screening.
- Goodwill Easter SealsminorCompany policy matches agent commission donations to Goodwill Easter Seals, which benefits special needs children and their parents. Monthly donations are made based on agent contributions.
- American Cancer Society (Relay for Life)minorCompany-wide involvement in Relay for Life event sponsored by the American Cancer Society, with both volunteer time and monetary donations contributed annually.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Coastal Realty Services competitors and assessment
Company assessmentMarket position
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Coastal Realty Services social profiles
Digital presenceCoastal Realty Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coastal Realty Services leadership team
Management profileNumber of profiles
Profiles9 records
Coastal Realty Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coastal Realty Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Coastal Realty Services
What does Coastal Realty Services do?
Coastal Realty Services provides full-service residential and commercial property management for rental property owners in the Emerald Coast region of Northwest Florida, handling tenant screening, rent collection, maintenance coordination, accounting, marketing, lease enforcement, and eviction management. The company also operates a real estate brokerage offering buyer and seller representation in Fort Walton Beach and surrounding communities, supported by 24/7 online owner and tenant portals.
Is Coastal Realty Services a public or private company?
Coastal Realty Services is a private company. It is classified as family owned and is currently operating.
When was Coastal Realty Services founded?
Coastal Realty Services was founded in 1973. It employs 11 to 50 people.
Where is Coastal Realty Services based?
Coastal Realty Services is headquartered in Fort Walton Beach, United States, in the North America region.
How does Coastal Realty Services make money?
Five revenue lines are on record. Property Management Fees are the primary driver. The others are lease and Renewal Fees, referral Program Fees, application Screening Fees and real Estate Sales Commissions.
Does Coastal Realty Services have an API?
No public API is recorded for Coastal Realty Services.
What industry is Coastal Realty Services in?
Coastal Realty Services's product category is Property Management Services. Its primary akta.pro industry code is BPAJAAAE, Residential Investment Property Brokerage (SFR/Small Multifamily), with a secondary code of BPAJAAAA, Traditional Residential Brokerage (Existing Homes). Its NAICS code is 53131 and its SIC code is 6531.