Miramar Beach today
What this means
Miramar Beach gained 2.7% in value over 12 months, ahead of most of Florida.
Rents are area estimates; check comps for the exact house. Sources and method: how these figures are built.
Quick facts
| Miramar Beach | vs Walton County | vs Florida | |
|---|---|---|---|
| Population | 8,902 (Census survey) | ||
| Median home value | $733,000 | 72% higher | 104% higher |
| Median gross rent | $2,250 | 29% higher | 35% higher |
| Median household income | $103,250 | 26% higher | 38% higher |
| Owner occupied homes | 81.9% | +3.3 pts | +14.3 pts |
| Residents 65 and older | 38.3% | +18.2 pts | +17.0 pts |
| Average commute (minutes) | 23 | 22% lower | 18% lower |
| Homes built 2010 or later | 5.4% | -20.7 pts | -8.8 pts |
| Median property tax paid | $3,273 | 72% higher | 20% higher |
Census survey figures are 2020 to 2024 averages; methods.
Living in Miramar Beach
Unincorporated Gulf coast community in southwest Walton County, just east of Destin.
There is no city hall here: Miramar Beach is a Census designated place, and Walton County sets the rules.
Known for: Gulf beaches; US 98 resort corridor
How it has grown: US 98 runs about 9 miles west to Destin and 47 miles east to Panama City.
Against the Walton County averages, more homes are seasonal or vacation homes (51.9% vs 32.2%); homes are pricier than the county median ($733,000 vs $425,100); more of the housing is in apartment and condo buildings (53.8% vs 22.6%) and the population is older (38.3% age 65 or older vs 20.1%).
If you like the numbers here, also look at Madeira Beach ($722,800, $2,326), Lakewood Ranch ($678,200, $2,299), Boca Raton ($722,700, $2,508).
Growth and housing
The Census does not publish yearly estimates for unincorporated places, so growth here is read from housing age and the county trend. Walton County grew 23.9% from 2020 to 2025.
Median year built: 1997. This is a multifamily heavy market (53.8% in buildings of 5+ units). Average household size is 1.99.
More newcomers from out of state than the county average (11.5% vs 4.7%).
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $5,409 a year |
| Coastal county | check flood zone and elevation per address |
Before buying in one of the larger buildings (43.8% of housing), check reserves, minutes and insurance. Condo financing
Flood, storms and jobs
Flood insurance here follows Walton County, which holds CRS class 6 (20% discount). Countywide, 10.9% of homes sit in a FEMA high risk zone; the Walton County guide has the full flood, storm and jobs picture.
Buying a home in Miramar Beach
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $603,750 |
| Conforming, one unit | $832,750 |
| Median home value here | $733,000 |
Price to income: 7.1x, compared with 5.2x for the county.
- Conventional: the most common loan in Walton County.
- Jumbo: many homes here run near or past the $832,750 conforming limit.
Investing in Miramar Beach
Long term rentals
| Miramar Beach | vs Walton County | |
|---|---|---|
| Renter occupied homes | 18.1% | -3.3 pts |
| Rental vacancy | 76.7% | +38.8 pts |
| Rent as share of renter income | 34.2% | +1.7 pts |
Short term rentals
With 51.9% of homes kept for seasonal use, Miramar Beach is a true vacation market.
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 5% |
| State sales tax | 6% plus any county surtax |
Rules vary street by street; verify zoning and HOA limits early. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 31.1% |
| Buildings with 5+ units | 53.8% |
| Manufactured homes | 2.1% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.