327 days on market (MLS) Condominium ▼ Price cut: $50,100 (8/14)
$1,099,800
2-Bedroom Condo in WESTWINDS AT SANDESTIN CONDO

4722 Westwinds Drive #4722, Miramar Beach, FL 32550

Condominium in WESTWINDS AT SANDESTIN CONDO, Miramar Beach · No CDD on record
WESTWINDS AT SANDESTIN CONDO · Miramar Beach, FL 32550 · Walton County
Listing data updated October 4, 2026 · refreshed hourly
2Bedrooms
2Bathrooms
1998Year Built
WaterfrontNo CDD on recordFEMA Zone X
How to read this page: MLS listing facts carry their source; everything else is labelled as a public record, a calculation, an estimate, or something to verify. Where local data is too thin to support a number, the page says so instead of guessing.
Buyer leverage
Buyer advantage
327 days on market
Zone X
Flood risk
Minimal hazard per FEMA; ~18 ft elevation
$4k–$9k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
Above 9 of 12
Price vs recent sales
Asking $1.10M tops 9 of the last 12 closed sales

Sources: Emerald Coast MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes

Highlights

As of October 4, 2026, 4722 Westwinds Drive #4722 in Westwinds At Sandestin Condo, Miramar Beach is listed at $1,099,800. That is 63% below Westwinds At Sandestin Condo's median closed sale of $2,962,500 over the last 12 months (90 recorded sales). It has been 327 days on market, longer than the community's typical 54 days to contract. Listing facts: built in 1998, waterfront. The parcel maps to FEMA flood zone X, outside the special flood hazard area. Figures are from the MLS record and county data; deemed reliable but not guaranteed.

  • No CDD assessment on record
  • Built 1998 · 28 yrs
  • 327 days on market
Listing description

About this home

GENERATING 30% MORE INCOME THAN OTHER UNITS WITH $81,508 ACTUAL 2024 RENTAL INCOME, ENJOY IMMEDIATE CASH FLOW! Smart money chases the highest return, NOT the highest view. Own a property that works for you from day one.

Ideally located on the 3rd Floor, enjoy the convenience of skipping elevators & stepping right into your beach getaway. Its beautiful, professionally decorated interior is designed for comfort & functionality. Blending luxury living w/PROVEN rental performance, this fantastic condo offers you the Coastal lifestyle you've dreamed of.

Start your day w/a walk on the beach, work out at the fitness center & then head out for a pickle ball match just moments away. Unwind w/a sunset cocktail on your private balcony overlooking the turquoise waves, and cap it off w/dinner at Baytowne Wharf. A palette of coastal pale blues that perfectly compliment your Gulf vistas beyond, you'll be captivated by the thoughtful renovations w/LVP flooring throughout, and a beautiful, white kitchen w/quartz counters, large eating bar & NEW SS appliances.

A distinctive, tiled backsplash elevates the space. The master suite, in calming shades of blue, provides a tranquil setting and Gulf views from its private balcony. An elegant white, wood trimmed wall accents the spacious, 2nd bedroom.

Whether a primary residence, 2nd beach home or short-term rental property, begin enjoying your coastal retreat IMMEDIATELY, as the turn-key professional interior design extends throughout every room creating cohesive, luxurious spaces. In addition to the caged storage area in the underground parking lot, this unit also has a 2ND STORAGE UNIT located in the hall near the front door. Located within the renowned Sandestin Resort, the private beach, Gulf side pool, kiddie pool, spa and fitness center are a short walk or golf cart ride away.

Gulf enthusiasts will appreciate the proximity to world-class courses, while tennis & pickle ball players can perfect their game on courts nearby. The legendary Baytowne Wharf, with its charming attractions, restaurants & special events lies just a short golf cart ride away. This pedestrian-friendly village creates a sense of community while offering entertainment options for all ages, from welcoming festivals to sophisticated evening dining experiences.

Publix super market at Grand Boulevard ensures that grocery shopping remains effortless, while Grand Boulevard's fantastic restaurants & boutique shops offer endless opportunities for dining and retail therapy. Providing peace of mind to owners regarding structural integrity & safety standards, Westwinds has successfully passed the milestone & SIRS inspections and recently replaced all 4 elevators. In addition, the complex maintains strong reserves for any future projects.

This exquisite property embodies a lifestyle choice that prioritizes both luxury and financial prudence. Its combination of: ideal 3rd floor location w/elevated Gulf & foliage views without the long elevator wait, stunning interior, 4-seat golf cart WITH dedicated golf cart parking spot, PROVEN 30% HIGHER RENTAL HISTORY THAN OTHER UNITS, and access to world class amenities provides the perfect foundation for your coastal dreams. Enjoy the Sandestin coastal lifestyle at its finest--vibrant, effortless & unforgettable.

All 61 photos

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Description provided by RE/MAX Coastal Properties and reproduced from the MLS; not independently verified.

Listing courtesy of RE/MAX Coastal Properties · Listing agent: Karen K Martineau · manager@floridabrokers.comProvided via the Emerald Coast Association of REALTORS® Internet Data Exchange · Source: Emerald Coast Association of REALTORS® · © 2026 Emerald Coast Association of REALTORS®, Inc. · deemed reliable but not guaranteedIDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS to be accurate.
Property facts & sources

Every fact, sourced

Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.

Listing facts MLS

List price$1,099,800
Bed / bath2 / 2
Year built1998
Property typeCondominium
MLS #989428
Listing status327 days on market (MLS)

Public records & third-party data

FEMA flood zoneZone X
Ground elevation~18 ft
CountyWalton
Area listings816 active · 172 under contract
Estimated first-year tax~$10,250/yr
CDD assessmentNone on record
HOANot reported

Calculated estimates

Estimated monthly payment$7,378
Insurance (illustrative)$4k–$9k/yr
Comparable-sales median$2,962,500

Buyer should verify Buyer verify

Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Financing

Estimated monthly payment

$7,378/mo
  • Principal & interest $6,020/mo 82%
  • Taxes $854/mo 12%
  • Insurance $504/mo 7%

$7,378/mo at 20% down, 30-yr @ 7.28% · edit any field to update.

Editable estimate — not a loan offer. Estimates only; see data & estimate notes.

Cost to own

Property taxes

✓ Certified tax roll · county-average rate
Estimated property taxes after purchase
$10,250/yr
≈ $854/mo·effective rate ~0.93%
Estimate: asking price less the $50,000 homestead exemption × Walton County rate (9.76 mills, county-average millage, 2025; verify with the property appraiser). Not a bill.
⚠️

Property taxes in Florida are reassessed after a sale, so a buyer’s first full-year bill can be higher than the seller’s. Budget from this estimate, not the current bill, before you make an offer.

Current owner’s estimated bill $7,425/yr ($619/mo) — taxable value $761,665 × 9.76 mills
$2,825 more each year
(+38%)

Most of this comes from Florida’s Save Our Homes assessment cap resetting when the home sells — the current owner’s protected assessment does not transfer to a new buyer.

🛡️
Current ownerProtected by Save Our Homes
🔄
Home sellsResets the January after
🧾
Buyer paysBased on purchase price
$20,029
Save Our Homes benefit
The current owner’s protected taxable value sits this much below market — which is why today’s bill is lower than a new buyer’s.
$781,694
Market value
$761,665
Assessed
$761,665
Taxable

Certified 2025 tax roll values for this parcel (Florida DOR). The roll gives values, not the bill; the current owner’s bill above is estimated from the taxable value.

Estimate my property taxes →

Adjust for your exemptions, portability, and down payment

Sources: Florida DOR certified tax roll (2025), Emerald Coast AR; millage: Florida TaxWatch 2025 How Florida Counties Compare (county-average millage); school portion estimated at ~42% of total, capped at 6.50 mills. County public record, not MLS data — matched to this home by parcel ID. Estimates are not a tax bill; the county property appraiser and tax collector set the actual amount.

Estimated ownership costs

Estimated costs & disclosures

Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.

CDD assessment
None on record

No CDD assessment appears in our records for this community. CDD assessments show on the county tax bill — confirm with the tax collector.

Insurance (illustrative range)
$4k–$9k/yr

An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood insurance not federally mandated (Zone X). Get a quote from a licensed insurer before relying on any figure.

HOA
Not reported

Not stated in the listing. Confirm with the listing agent or the county record; $0 is used in the payment estimate.

Environmental data

Flood zone & elevation

Sourced environmental data for the parcel. Confirm with FEMA and your insurer.

FEMA flood zone
Zone X

From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.

Ground elevation
~18 ft

Approximate parcel elevation from USGS; confirm exact elevation with a survey.

Windstorm / insurance
Obtain a quote

Walton County is on the Florida coast; wind coverage is a major part of the premium. Premiums and coverage vary by home (roof age, wind mitigation, claims history); obtain a quote from a licensed insurer.

Hazard risk

Natural hazard risk

FEMA National Risk Index for Walton County, FL: overall Relatively Moderate. Ratings compare this county with every county in the United States for expected annual loss from each hazard.

HurricaneRelatively High
Coastal floodingRelatively Moderate
Inland floodingRelatively Low
Heat waveRelatively Low
WildfireRelatively Low
TornadoRelatively Moderate
LightningRelatively High
Strong windRelatively Low
DroughtVery Low
HailVery Low
Cold waveRelatively Low
Winter weatherVery Low

Source: FEMA National Risk Index (county level, hazard risk ratings only). Ratings describe the county, not this parcel; the flood zone shown above is parcel-specific. Verify insurance requirements with your lender and agent.

Connectivity

Internet & broadband

Fiber
Check availability

Address-level fiber service is not confirmed for this home. Check the FCC National Broadband Map (broadbandmap.fcc.gov) or the provider for this address.

Cable
Check availability

Cable broadband is common in Florida and Georgia towns but not confirmed for this address; verify with the provider.

Fixed wireless / satellite
Check availability

5G home internet and satellite service depend on the exact location; check coverage for this address.

Momentum Research · WATERCOLOR

Pricing & the WATERCOLOR market

How this home is priced against recent nearby sales, and where WATERCOLOR has been over 25 years. Momentum Research analysis of Emerald Coast MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.

Median sale price by year

12-month median closed price, 2012–2026.

$690k$2.2M$3.6M2012: $975k20122013: $1.3M2014: $1.2M20142015: $1.1M2016: $1.4M20162017: $1.6M2018: $1.3M20182019: $1.6M2020: $1.8M20202021: $2.2M2022: $3.0M20222023: $3.4M2024: $3.4M20242025: $3.1M2026: $3.0M2026

Market Heat by year (0–100)

Momentum Market Heat, 2013–2026. Now 47 (normal).

8541012013: 4020132014: 582015: 1720152016: 462017: 2520172018: 212019: 7520192020: 562021: 8120212022: 922023: 5320232024: 532025: 3620252026: 472026
Property timeline

This home’s history

  • 1998BuiltPer public record
  • About Nov 2025Listed (per MLS)MLS reports 327 cumulative days on market as of October 4, 2026
  • Aug 4, 2026First seen on movewithmomentum.comObserved at $1,149,900
  • Aug 14, 2026Price cut$1,099,800 (-$50,100, -4.4%)
  • NowActiveCurrently for sale

Build year is from public record. The MLS list date is approximate (today minus the cumulative days on market the MLS reports, which can span relistings). Other milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.

Transparency

Price & listing history

Listed for $1,099,800Momentum Realty · on market 327 days
Public records

Building permits

Permit history not yet linkedConfirm permit history with the county building department.
How it stacks up

Comparable recent sales

No closed sales of a similar home within about 10 miles in Walton County in the last 18 months are in our MLS data set, so this page shows no comparable-sales median or automated estimate for WESTWINDS AT SANDESTIN CONDO. A licensed Momentum Realty agent can prepare a property-specific comparative market analysis on request.

Momentum Scores

Momentum Property Score

73/100
Strongest on: Affordability (100), Flood safety (95)
0 limited50100 exceptional

73/100 is strong across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.

A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.

Affordability100
List price $1,099,800 vs the community median $2,962,500. Not a measure of personal affordability.
Flood safety95
FEMA Zone X, ~18 ft elevation. Verify the parcel with FEMA.
Insurance cost67
From FEMA Zone X and a 1998 build. Obtain a property-specific quote.
Market liquidity56
Community median 54 days on market (12-month record).
Pricing power69
Recent sales closed at about 94.2% of original asking (~5.8% below). More room below asking generally favors buyers.
Market timing53
Momentum Market Heat is 47/100 (normal). Cooler readings generally favor buyers; hotter readings favor sellers.

Coverage: 6 of 8 indicators had valid data for this home; indicators without data are left out, not scored as zero. Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent comparable sales. They do not measure property condition, quality, or investment suitability, and they are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.

Momentum Research

The Momentum read

35% of homes in WATERCOLOR are owner-occupied. An estimated 65% are non-owner-occupied, including 26% held in a company or trust and 42% out-of-state owners.Why it matters: a high owner-occupied share typically means fewer rentals nearby and steadier resale demand.Source: Florida Department of Revenue 2025 assessment roll (public records), 2738 homes matched. Community-level context.

Recent WATERCOLOR sales closed near 94.2% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Emerald Coast MLS records, community-level, 12 months ending September 20, 2026. Aggregates only; deemed reliable but not guaranteed.

What’s unique here: one of only 816 active listings in WATERCOLOR, no CDD assessment.

Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ

Updated October 4, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

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Listed by RE/MAX Coastal Properties · MLS # 989428

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Keep looking

Similar homes for sale near WESTWINDS AT SANDESTIN CONDO

Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.

Newest listings in WESTWINDS AT SANDESTIN CONDO

  • 816 Caswell Road · $130,000 · 3 bd / 2.0 ba · listed October 4, 2026 (courtesy of NextHome Emerald Coast)
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  • 49 Hamilton Lane · $4,200,000 · 4 bd / 4.5 ba · listed October 4, 2026 (courtesy of Coldwell Banker Realty)
  • 104 N Barrett Square ## 3E · $1,250,000 · 1 bd / 2.0 ba · listed October 4, 2026 (courtesy of Compass)
  • 18 E Okeechobee · $1,700,000 · 4 bd / 4.5 ba · listed October 4, 2026 (courtesy of World Impact Real Estate)
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Recently off market in WESTWINDS AT SANDESTIN CONDO

Just listed: new homes for sale in the Emerald Coast in the last 48 hours · updated hourly · RSS · The Emerald Coast market today: new listings, price cuts, pendings

Go deeper

More on Walton County

Explore Walton County

Browse market data, schools, taxes, and homes for sale across the county.

Assigned schools

Assigned schools

Schools currently assigned to this address in Walton County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.

GRADEA
Van R ButlerAssigned elementary school · Walton County School District · Grade A (Florida DOE 2025-26)
GRADEA
Emerald CoastAssigned middle school · Walton County School District · Grade A (Florida DOE 2025-26)
GRADEA
South WaltonAssigned high school · Walton County School District · Grade A (Florida DOE 2025-26)
Nearby & guides

City, county & community guides

Where this home sits, with links to the matching guides. General reference only.

Before you decide

Buyer research checklist

Items worth confirming for 4722 Westwinds Drive #4722, chosen from what the record shows. This is general guidance, not advice about this specific property.

  • Built in 1998 (28 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
  • Condominium: request the association's budget, reserves, the most recent milestone or structural inspection report, and two years of meeting minutes before relying on the dues.
  • FEMA flood zone X: flood insurance is not usually required, but get a quote anyway — FEMA reports roughly one in four flood claims come from outside high-risk zones.
  • Get a homeowners insurance quote for this specific address in Walton County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
  • Waterfront: confirm seawall or dock condition and permits, and ask who owns and maintains the shoreline.
  • Confirm square footage and room dimensions independently.
  • Order a survey to confirm lot boundaries and easements.
  • Review permit history with the county.
  • Property taxes: the estimate on this page (about $10,250/yr) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $2,825 more per year than the current owner’s estimated bill (+38%). Exemptions and portability change the actual bill — confirm with the county property appraiser.
  • School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Provenance

Data sources & freshness

Listing recordEmerald Coast MLS, refreshed hourly (last: October 4, 2026)
Comparable salesFewer than 3 defensible closed sales within about 10 miles in Walton County — no medians or automated estimate shown
Flood zone & elevationFEMA flood maps + USGS elevation (Zone X shown above)
Taxes & monthly costCertified county tax roll (parcel-matched) × county millage; an estimate, not a bill
Insurance figureModeled estimate; obtain a real quote before offering
Schools2025-26 district assignments; verify with the district

Momentum Research lines are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.

Answered before you ask

Frequently asked questions

How big is 4722 Westwinds Drive #4722 and when was it built?

Per the listing record, 4722 Westwinds Drive #4722 was built in 1998 and has 2 bedrooms and 2.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.

What community is 4722 Westwinds Drive #4722 in?

4722 Westwinds Drive #4722 is in Westwinds At Sandestin Condo in Miramar Beach, Walton County. Too few comparable closed sales exist nearby for this page to show local sales statistics; a licensed agent can prepare a comparative market analysis.

Why might property taxes on 4722 Westwinds Drive #4722 differ from the current owner's?

The estimate on this page (about $10,250 per year) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $2,825 more per year than the current owner’s estimated bill (+38%). Florida reassesses a home after it sells; for a homesteaded seller the Save Our Homes cap on their assessment does not transfer, and a buyer's own exemptions and portability are applied separately, so the two bills usually differ. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.

Is 4722 Westwinds Drive #4722 in a flood zone?

The FEMA flood map places this parcel in Zone X, outside the special flood hazard area, so flood insurance is not usually required by a lender. It is still available and worth quoting; confirm the parcel's status with FEMA and your insurer.

Can I rely on the figures on this page?

No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.

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Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.

Estimate methodology. Tax estimates apply county millage to the list price (less the homestead exemption where the parcel is matched to the certified roll) and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.

Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.

Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.

Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.

No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.

MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Emerald Coast Association of REALTORS® Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Emerald Coast Association of REALTORS®. © 2026 Emerald Coast Association of REALTORS®, Inc. All rights reserved.

Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.