Caribe West in Miramar Beach

Caribe West
Homes for Sale in Miramar Beach, FL

Community in Miramar Beach · Walton County · ZIP 32550
Median sale $1.25M
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data20 years of closingsUpdated twice daily

As of September 2026, Caribe West in Miramar Beach, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $1,250,000, a median 31 days on market, sellers accepting 89% of original asking. Homes listed or recently sold were built 1997–2022. At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $12,200 ($11,810 with the full homestead exemption).

Live · Caribe West Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$1.25M
Median sold · 12 mo
88.8%
Sale vs ask
Walton median: 94.7%
Tempo
4.0mo
Supply
3 to 6 months is the balanced band
31days
Median DOM · closed
15 days at the 2022 low
50%
Under contract
Walton: 20% (907 of 4,494)
1 · 1
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Caribe West sits in the Miramar Beach corridor of Walton County, and the current snapshot reads as a small, high-ticket pocket: a median just over $1.25M against only three active listings. With inventory this thin, no single number tells the whole story — price here is driven by the individual home, its condition, and how close it sits to the coast, not by a broad market trend you can average out.

The median is holding around 31 days to contract, which is a measured pace rather than a frenzy. For a seller, that means realistic pricing still gets a deal done in about a month; for a buyer, it means there is time to underwrite a purchase properly, but the shallow active count means the right home may not wait for a second showing.

Caribe West Housing Pulse · Momentum Research · as of September 12, 2026

Caribe West right now

🟡 Balanced market. 4.0 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.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 12, 2026. Confidence: Low (2 active and pending listings, 3 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 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

Caribe West market snapshot (as of September 12, 2026): the median sale price is about $1.25M, a median 31 days on market for closed sales, and 4.0 months of supply, a balanced market.

Caribe West is a compact, upper-bracket segment of Miramar Beach where the small number of listings makes each home its own market. Expect to evaluate properties on their specifics rather than against a deep pool of comparable sales.

Best for

  • Buyers with a budget at or above the $1.25M median seeking a Miramar Beach coastal home
  • Purchasers who value location and the home itself over shared community amenities
  • Patient buyers who want time to underwrite but can act decisively when the right listing appears

Probably not for

  • Budgets that need to stay well below the seven-figure median
  • Buyers who want a broad menu of active listings to compare at once
  • Anyone prioritizing amenity-rich, facilities-driven communities

Windows contain 0 to 4 sales each (3 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
$500K$1M$1.5M20122014201620182020202220242026
Median days on market · closed sales
010020030020122014201620182020202220242026
15 days at the 2022 low; 31 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
88.8% now vs Walton 94.7%.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 3 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.

CARIBE WEST Market Scorecard

Balanced

CARIBE WEST is currently a balanced market. About 4.0 months of supply, a median asking price of $1,775,000, and homes go under contract in about 225 days.

4.0
Months supply
$1,775,000
Median list
$1,250,000
Median sold
n/a
Per sqft
225
Days on mkt
1/1/3
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 WEST, 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 11 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-11)

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 West

Live MLS inventory for Caribe West. 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 West listings as of 2026-09-12, 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 West 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 West address.

If we were buying in Caribe West 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 West.

Best Buy
Buyers comfortable at the $1.25M median who want a Miramar Beach address and will judge homes individually.
Biggest Risk
Thin inventory means few comparables and limited choice at any given moment.
Sweet Spot
A well-conditioned coastal home priced honestly against its specifics, not the average.
Avoid If
You need a wide selection or amenity-driven community offerings.

A thin-inventory market you read house by house

With three homes active and a median near $1.25M, Caribe West behaves like a boutique market. When only a handful of properties trade, the spread between them tends to be condition- and location-driven, so the median is a reference point, not a ceiling or a floor. Two homes at the same address can price very differently based on finishes and proximity to the water.

No community amenities surface from the current MLS listings, so the value proposition here is the home itself and its Miramar Beach location rather than shared facilities. That puts a premium on due diligence: what you are buying is the specific structure, lot, and its position within Walton County's coastal market.

The location and the amenities are priced into every listing in Caribe West. 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 shallow, comps are scarce and the median can mislead. We price and negotiate off the actual condition and location of each home rather than a rounded average, and with only a few listings moving at a time, our read on what a given Caribe West property should trade for is where you get the most value.

Caribe West in 15 seconds.

Best forBuyers comfortable at the $1.25M median who want a Miramar Beach address and will judge homes individually.
Biggest advantageA measured roughly 31-day pace gives serious buyers time to underwrite without a bidding frenzy.
Biggest riskThin inventory means few comparables and limited choice at any given moment.
Sweet spotA well-conditioned coastal home priced honestly against its specifics, not the average.
Avoid ifYou need a wide selection or amenity-driven community offerings.

HOA, CDD & Fees

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 West sales matched to your home.

What is your Caribe West home worth?

Get a no-obligation home value based on real comparable sales in Caribe West, 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 homes for sale in Caribe West on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Caribe West?
The median sale price in Caribe West was $1.25M over the 12 months ending September 12, 2026 (3 closed sales, Emerald Coast MLS).
How long do homes in Caribe West take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 31 days on market (3 sales, Emerald Coast MLS).
Is Caribe West a buyer's or seller's market right now?
As of September 12, 2026, Caribe West is roughly balanced: 4.0 months of supply at the current sales pace (Emerald Coast MLS live counts).
Who is the best real estate agent for Caribe West?
The best agent for Caribe West 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 West.
How do I find a top Miramar Beach real estate agent who knows Caribe West?
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 West and the wider Miramar Beach area.
Can Momentum Realty connect me with an agent for Caribe West?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Caribe West purchase or sale - no call center and no pressure.
Buyers with a budget at or above the $1.25M median seeking a Miramar Beach coastal homeExcellent fit
Purchasers who value location and the home itself over shared community amenitiesExcellent fit
Patient buyers who want time to underwrite but can act decisively when the right listing appearsExcellent fit
Budgets that need to stay well below the seven-figure medianProbably not
Buyers who want a broad menu of active listings to compare at onceProbably not
Anyone prioritizing amenity-rich, facilities-driven communitiesProbably not

Nearby Communities

Explore more neighborhoods near Caribe West with Momentum Realty’s local guides.

C(Caribe (Walton)0.2 mi awayHDHidden Dunes Beach Cottages0.2 mi awayHDHidden Dunes Beach Villas0.2 mi awaySTSpyglass T H0.3 mi awayGPGulf Pines0.3 mi awayEDEmerald Dunes0.3 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 12, 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 2006 (23 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 →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

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CallFree valuation →
Thinking of selling in CARIBE WEST? 3 recorded closings; median 31 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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