Emerald Waters Village
Homes for Sale in Miramar Beach, FL
All 677 homes for sale in Miramar Beach, FL · median $652,500 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, Emerald Waters Village in Miramar Beach, FL has 5 homes for sale, asking from $869,000 to $1,750,000 (median $1,699,000). Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $1,175,000, a median 113 days on market, sellers accepting 91% of original asking. Homes listed or recently sold were built 2003–2026 with 1 new construction; none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 22 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $11,470 ($11,080 with the full homestead exemption).
| Location | Miramar Beach, Walton County, FL · ZIP 32541, 32550 |
|---|---|
| Homes in the community | 64 (FL DOR 2025 assessment roll) |
| Years built | 1999–2022 (median 2005.0) |
| Typical living area | 2,690 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Pool, Gated, Short Term Rental - Allowed, Deed Access, Pets Allowed, Beach |
| Sale prices, last 12 months | $1,175,000 median across 5 closed sales |
| Days on market (closed sales) | 113 median |
| For sale right now | 5 active, 0 pending · median asking $1,699,000 · 12.0 months of supply |
| Owner-occupied (homestead) share | 20% |
Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “EMERALD WATERS VILLAGE key facts,” movewithmomentum.com/neighborhoods/emerald-waters-village, data as of September 20, 2026.
Last 30 days in Emerald Waters Village: 1 new listing (median asking $869,000), 1 closed sale (median $840,000). As of September 26, 2026, Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Emerald Waters Village
Live MLS inventory for Emerald Waters Village. 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 · 38 daysTop listing
Active · 204 days
Active · 303 days
Active · 159 daysActive · 20 daysActive and pending Emerald Waters Village listings as of 2026-09-26, 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.
Every Home for Sale in Emerald Waters Village Right Now (5)
All 5 active and pending Emerald Waters Village listings with a detail page, newest first, refreshed twice a day from the MLS.
- 47 Saint Simon Circle · $869,000 · 3 bd / 2.5 ba · listed Sep 4, 2026 · listed by The Premier Property Group
- 220 N Saint Francis Drive · $1,750,000 · 6 bd / 4.5 ba · listed Aug 17, 2026 · listed by Compass
- 137 St Francis Drive · $1,049,000 · 4 bd / 3 ba · listed Jun 27, 2026 · listed by Compass
- 103 St Simon Circle · $1,749,000 · 5 bd / 4.5 ba · listed Jun 27, 2026 · listed by EXP Realty LLC
- 106 St Simon Circle · $1,699,000 · 6 bd / 6.5 ba · listed Jun 27, 2026 · listed by Scenic Sotheby's International Realty
Emerald Waters Village is a small pocket of 68 homes in Miramar Beach, with a median price of $1,175,000 against a median home of roughly 2,700 square feet built around 2005. Price here is driven by the Miramar Beach location and by condition — the build range spans 1999 to 2022, so what you pay tracks how updated and how large a given home is rather than any single tier the community sells at.
Posture is patient. Seven active listings against only three closings in the recent window, and a median 113 days on market, tells you homes here sit before they sell. A homestead share under 19% signals this is largely a second-home and rental-leaning market, which is normal for this stretch of coast. Buyers have room to negotiate and should; sellers should price to condition and expect to wait.
Emerald Waters Village right now
🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 20, 2026. Confidence: Medium (5 active and pending listings, 5 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Emerald Waters Village market snapshot (as of September 20, 2026): the median sale price is about $1.18M, a median 113 days on market for closed sales, and 12.0 months of supply, a buyer-leaning market.
In ZIP 32541 (Miramar Beach), 790 homes closed in the last 12 months at a median of $730K ($199/sq ft), down 1.9% year over year, with a median 96 days on market. Right now 488 active and 65 pending listings put supply at about 9.0 months — a soft market. See the live ZIP 32541 housing market and the Okaloosa County market.
County records show 4 qualified sales in EMERALD WATERS VILLAGE across 2024–2024, median $1.40M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Emerald Waters Village is a community of 64 homes in Miramar Beach, Walton County, built between 1999 and 2022 (median 2005.0), with a median living area of about 2,690 square feet. 20% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
A compact enclave near the beach in Miramar Beach, Walton County, with a modest number of homes and a limited amount ever on the market at once. The low homestead share points to a market weighted toward second homes and rentals.
The setting & the homes.
Aerial and on-site photos of Emerald Waters Village. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Emerald Waters VillagePhotos from Emerald Coast MLS listings in Emerald Waters Village; content deemed reliable but not guaranteed.
Who Emerald Waters Village is best for.
Best for
- Second-home buyers in the seven-figure range wanting a larger Miramar Beach home
- Patient buyers who can wait out a slow market and negotiate on condition
- Investors comfortable in a low-homestead, rental-leaning coastal market
Probably not for
- Buyers on a tight timeline who need to close quickly
- Anyone whose budget sits well below the mid-seven-figure median
- Buyers who want a full amenity package, since none is identified here
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.18M) IS the median in the snapshot above.
Windows contain 0 to 8 sales each (5 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.
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 (2026-09-25).
Emerald Waters Village Market Scorecard
Emerald Waters Village is currently a buyer-leaning market. About 12.0 months of supply, a median asking price of $1,699,000, and homes go under contract in about 159 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in EMERALD WATERS VILLAGE, Miramar Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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.
Emerald Waters Village on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- 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 Emerald Waters Village 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 Emerald Waters Village address.
Shop the zone: Homes zoned for Destin High School · Homes zoned for South Walton High School · Homes zoned for Fort Walton Beach High School
The Emerald Waters Village buying strategy.
If we were buying in Emerald Waters Village today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Emerald Waters Village.
A small market that moves slowly
With just 68 homes total and seven currently active, inventory is thin, but demand is not urgent either — a median 113 days on market is a long runway. That combination rewards buyers who are willing to wait for the right home and negotiate on it, rather than those who need to transact quickly. Because the homes were built across a wide window from 1999 to 2022, two listings at similar square footage can justify very different prices based purely on age and updates.
The median living area of about 2,700 square feet reflects substantial single-family homes rather than compact coastal cottages. No community amenities were identified from current MLS listings, so the value proposition rests on the homes themselves and the Miramar Beach location — not on shared facilities. Buyers who prioritize amenity packages should factor that in.
The location and the amenities are priced into every listing in Emerald Waters Village. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Emerald Waters Village buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (2.0). Basis: Liquidity & Demand 12.0 months of supply; Owner Commitment 20% owner-occupied; Pricing Power 90.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this small and this slow to turn, pricing and timing are everything. We read each listing against its age and condition rather than a blanket per-foot number, and we know how to structure offers when a home has already been sitting past the median 113 days. For sellers, we price to condition and set realistic expectations on time on market.
Emerald Waters Village in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Emerald Waters Village buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Emerald Waters Village sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Emerald Waters Village, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Emerald Waters Village home worth?
Get a no-obligation home value based on real comparable sales in Emerald Waters Village, 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 →
Recently off market in EMERALD WATERS VILLAGE
Homes in EMERALD WATERS VILLAGE 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.
- 20 St Francis Drive · off market
- 36 S St. Francis Drive · off market
- 80 Saint Simon Circle · off market
- 95 St. Simon Circle · off market
Frequently Asked Questions
What is the median home price in Emerald Waters Village?
How long do homes in Emerald Waters Village take to sell?
Is Emerald Waters Village a buyer's or seller's market right now?
How many homes are in Emerald Waters Village?
What share of Emerald Waters Village is owner-occupied?
When were the homes in Emerald Waters Village built?
Who is the best real estate agent for Emerald Waters Village?
How do I find a top Miramar Beach real estate agent who knows Emerald Waters Village?
Can Momentum Realty connect me with an agent for Emerald Waters Village?
Where is Emerald Waters Village, and what county is it in?
Is Emerald Waters Village a good place to live?
Should you buy in Emerald Waters Village?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: September 26, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32541/32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2000 (68 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.
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See how EMERALD WATERS VILLAGE fits the bigger picture — live prices, inventory, and Momentum Scores:
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