Momentum Housing Data · Home Values · Santa Rosa County
Paradise Bay (Gulf Breeze, FL): 9 recorded closings in the 12 months ending 2026-07-13, a 15-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 95.0% of original asking; the median sale took 65 days (window ending 2026-07-13).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $410,000 | $231 | 65 | 95.0% | 9 |
| 2025 | $420,000 | $231 | 13 | 96.3% | 10 |
| 2024 | $374,500 | $218 | 27 | 91.4% | 12 |
| 2023 | $395,950 | $231 | 15 | 99.0% | 6 |
| 2022 | $379,000 | $213 | 6 | 100.0% | 7 |
| 2021 | $315,000 | $165 | 3 | 100.0% | 11 |
| 2020 | $300,500 | $159 | 49 | 97.2% | 12 |
| 2019 | $229,000 | $134 | 28 | 97.5% | 16 |
| 2018 | $255,000 | $132 | 17 | 97.2% | 5 |
| 2017 | $305,000 | — | 16 | 97.0% | 9 |
| 2016 | $163,500 | — | 52 | 97.3% | 10 |
| 2015 | $179,000 | — | 73 | 90.1% | 5 |
| 2014 | $167,000 | — | 42 | 96.5% | 4 |
| 2013 | $160,000 | — | 125 | 94.7% | 7 |
| 2012 | $139,088 | — | 168 | 80.4% | 3 |
Over the recorded series, Paradise Bay’s median sold price moved from $139,088 (2012) to $410,000 (12 months ending 2026-07-13) — +195% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $139,088. The 2020–22 run-up did what it did everywhere — Paradise Bay’s median moved +66% from 2019 to 2022. Against the 2025 peak of $420,000, the current median stands at -2%. Annual sales volume here has ranged from 3 to 16 closings a year (10-yr average 9.7). With roughly 9.7 closings a year, Paradise Bay’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
Of the 25 recorded Paradise Bay closings since 2024, half landed between $370,000 and $479,000 (the middle two quartiles); the lowest recorded sale was $325,000 and the highest $715,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $350,000 | 4 (16%) | |
| $350,000 – $433,333 | 12 (48%) | |
| $433,333 – $516,667 | 5 (20%) | |
| $516,667 – $600,000 | 1 (4%) | |
| None and up | 3 (12%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($240 vs $207) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 1,386–1,758 sq ft | $240 | $366,250 | $325,000 – $455,000 | 8 |
| Mid-size homes 1,766–2,101 sq ft | $222 | $397,250 | $370,000 – $660,000 | 8 |
| Larger homes 2,101–3,450 sq ft | $207 | $480,000 | $345,000 – $715,000 | 9 |
From the live MLS feed as of 2026-09-03: The homes listed or recently sold were built between 1984 and 2023 (median 1987); 11 of 12 listed or recently sold homes report an HOA, median $5/mo; none of the 11 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 23 ft). See the current Paradise Bay listings →
At Paradise Bay’s $410,000 median and Santa Rosa County’s adopted 12.81 mills (FY2025-26), a home assessed at that price carries roughly $5,250 a year in property tax before exemptions, or about $4,740 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Santa Rosa County tax page.
Current asking prices run a median $499,900 against the $410,000 recorded sold median (+22%) — the gap between what sellers hope and what the record shows. The market is carrying about 3 months of supply at the current sales pace. Since 2003, 148 Paradise Bay listings were withdrawn, canceled, or expired without selling (2 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 39% of Paradise Bay listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 20%. Momentum’s market-heat index for Paradise Bay reads 36/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
With asking prices running +22% over the recorded sold median, a Paradise Bay listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Paradise Bay are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Bay Woods | $393,750 | $204 | 17 | 4 |
| Willowood | $513,750 | $206 | 27 | 4 |
| Fairways | $410,000 | $223 | 55 | 4 |
| Lionsgate | $394,950 | $235 | 77 | 4 |
| School | Level | FLDOE grade |
|---|---|---|
| Oriole Beach Elementary School | Elementary | — |
| Gulf Breeze Middle School | Middle | — |
| Gulf Breeze High School | High | — |
Assignments and grades as recorded/published; both change — verify current zoning with the district before relying on it. Grades are the state’s official FLDOE ratings, reported as published.
More Paradise Bay: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
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