Caribe in Miramar Beach

Caribe
Homes for Sale in Miramar Beach, FL

All 685 homes for sale in Miramar Beach, FL · median $664,200 · Walton County homes for sale

Community in Miramar Beach · Walton County · ZIP 32541
Median sale $1.50M
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data28 years of closingsUpdated twice daily

As of September 2026, Caribe in Miramar Beach, FL has 3 homes for sale. Over the 12 months ending 2026-09-12, 10 recorded sales closed at a median of $1,500,000, a median 91 days on market, sellers accepting 90% of original asking. Homes listed or recently sold were built 1991–2024; none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 14 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $14,640 ($14,250 with the full homestead exemption).

Live · Caribe Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$1.50M
Median sold · 12 mo
90.1%
Sale vs ask
Tempo
91days
Median DOM · closed
23 days at the 2021 low
50%
Under contract
Walton: 20% (907 of 4,494)
3 · 3
For sale · pending
live counts, refreshed twice daily
10
Sold · last 12 mo
10-yr average: about 3 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Caribe is a thin-inventory pocket in Miramar Beach, and the data reflects it: three active listings, a single homestead-occupied home in the recent count, and a median that sits at $1,550,000. With this few doors trading, price here is driven far more by the specific property — condition, position, updates — than by any broad market trend. Treat the median as a reference point, not a promise; one atypical sale moves the whole picture.

The posture is patient. A median of 117 days on market tells you buyers are taking their time and sellers are not getting quick answers. That favors a buyer willing to underwrite condition carefully and negotiate, and it tells a seller to price against real comparables and expect the property to sit rather than clear in a weekend.

The 60-Second Overview

Caribe market snapshot (as of September 12, 2026): the median sale price is about $1.50M, and a median 91 days on market for closed sales.

In ZIP 32541 (Miramar Beach), 785 homes closed in the last 12 months at a median of $745K ($199/sq ft), down 1.3% year over year, with a median 97 days on market. Right now 492 active and 71 pending listings put supply at about 9.3 months — a soft market. See the live ZIP 32541 housing market and the Okaloosa County market.

Emerald Coast MLS sales records identify 35 homes in CARIBE that have changed hands since 2008, built between 1989 and 2024 (median 2000), with a median living area of about 2,964 sq ft and a typical 4-bedroom, 3.5-bath layout; 100% are single-family homes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Caribe is a small, established enclave in Miramar Beach where homes date to 1990 and living space clusters around 2,173 square feet. This is a low-turnover market — what sells and at what price depends heavily on the individual home.

Best for

  • Buyers at a seven-figure budget who want an established Miramar Beach address
  • Patient buyers comfortable underwriting a 1990-vintage home's condition
  • Long-hold owners who value a low-turnover, quiet enclave

Probably not for

  • Buyers needing to close quickly in a fast-moving market
  • Shoppers below the mid-seven-figure range for this area
  • Anyone counting on community amenities, since none surface in current listings

Windows contain 0 to 10 sales each (10 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$750K$1M$1.3M$1.5M20122014201620182020202220242026
Median days on market · closed sales
25507510020122014201620182020202220242026
23 days at the 2021 low; 91 now.
Sale price vs original ask · median
90%92%94%96%20122014201620182020202220242026
90.1% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 10 a year; 10 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,729/mo
Walton County typical true cost to own
$162/mo
Walton County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

10% of homes for sale in ZIP 32550 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-19).

CARIBE Market Scorecard

Strong seller's market

CARIBE is currently a strong seller's market. About 2.4 months of supply, a median asking price of $1,119,000, and homes go under contract in about 52 days.

2.4
Months supply
$1,119,000
Median list
$1,500,000
Median sold
n/a
Per sqft
52
Days on mkt
2/1/10
Active/Pend/Sold

Typical home value in the 32550 ZIP is $653,669, about 36.1% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in CARIBE, Miramar Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 27 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-12)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Caribe

Live MLS inventory for Caribe. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Caribe listings as of 2026-09-17, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Walton County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Van R Butler · Elementary
  • Emerald Coast · Middle
  • South Walton · High

Zoned schools reflect the assignments reported on recent Caribe listings and can change; always confirm with Walton County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Caribe address.

If we were buying in Caribe today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Caribe.

Best Buy
Buyers who want an established Miramar Beach home and can evaluate a 1990-era property on its condition.
Biggest Risk
With three listings and few sales, comparables are scarce and pricing is idiosyncratic.
Sweet Spot
A well-maintained or updated home near the $1.55M median that holds up under inspection.
Avoid If
You need a fast transaction or shared community amenities to justify the price.

A condition-driven market with almost no inventory

The homes here share a vintage — built around 1990 — with a median footprint near 2,173 square feet. At that age, the spread between a well-maintained, updated home and one that needs work can be wide, and with so few sales the median tells you less than the property in front of you. Walk each one on its own merits: systems, roof, finishes, and how much of the price reflects the house versus the location.

No community amenities surface from the current MLS listings, so the value proposition rests on the homes and the Miramar Beach setting rather than shared facilities. That is worth naming plainly rather than assuming there is more here than the listings support.

The location and the amenities are priced into every listing in Caribe. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin, a handful of listings and long days on market, the read comes from knowing each property rather than leaning on averages. We track what actually trades in Miramar Beach and Walton County, and we will tell you when a Caribe home is priced to its condition and when it is not — on either side of the table.

Caribe in 15 seconds.

Best forBuyers who want an established Miramar Beach home and can evaluate a 1990-era property on its condition.
Biggest advantageA patient market and low turnover give a prepared buyer real room to negotiate.
Biggest riskWith three listings and few sales, comparables are scarce and pricing is idiosyncratic.
Sweet spotA well-maintained or updated home near the $1.55M median that holds up under inspection.
Avoid ifYou need a fast transaction or shared community amenities to justify the price.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Caribe homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Caribe.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Caribe sales matched to your home.

What is your Caribe home worth?

Get a no-obligation home value based on real comparable sales in Caribe, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Miramar Beach →

Real comps, not an automated estimate.

Recently off market in CARIBE

Homes in CARIBE that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 4 on record.

Frequently Asked Questions

What is the median home price in Caribe?
The median sale price in Caribe was $1.50M over the 12 months ending September 12, 2026 (10 closed sales, Emerald Coast MLS).
How long do homes in Caribe take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 91 days on market (10 sales, Emerald Coast MLS).
Who is the best real estate agent for Caribe?
The best agent for Caribe is one who actively works Miramar Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Caribe.
How do I find a top Miramar Beach real estate agent who knows Caribe?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Caribe and the wider Miramar Beach area.
Can Momentum Realty connect me with an agent for Caribe?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Caribe purchase or sale - no call center and no pressure.
Where is Caribe, and what county is it in?
Caribe is in Miramar Beach, Walton County, FL, ZIP codes 32541, 32550.
Buyers at a seven-figure budget who want an established Miramar Beach addressExcellent fit
Patient buyers comfortable underwriting a 1990-vintage home's conditionExcellent fit
Long-hold owners who value a low-turnover, quiet enclaveExcellent fit
Buyers needing to close quickly in a fast-moving marketProbably not
Shoppers below the mid-seven-figure range for this areaProbably not
Anyone counting on community amenities, since none surface in current listingsProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 17, 2026)
Community market statsEmerald Coast MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesEmerald Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 1998 (48 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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Thinking of selling in CARIBE? 10 recorded closings; median 91 days on market (window ending 2026-09-12). See the Walton County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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