Fairways
Homes for Sale in Miramar Beach, FL

Fairways is a small, early-1980s community of modestly sized single-family homes in Miramar Beach, where the story is consistency of age and size and variability of condition rather than range of product.

Emerald Coast MLS sales records identify 9 homes in Fairways that have changed hands since 2015, built between 1982 and 1985 (median 1982), with a median living area of about 1,354 sq ft and a typical 2-bedroom, 2.5-bath layout; 89% 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.

County records show 10 qualified sales in Fairways across 2024–2025 (7 in 2024, 3 in 2025), median $720,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Fairways is too small for its own price trend, so here is the market around it.

In ZIP 32550, 802 homes are on the market and 9% are under contract — a slower corner of Miramar Beach.

Across Walton County, 3,174 homes are active and 698 pending (18% under contract).

In ZIP 32550 (Miramar Beach), 99 homes closed in the last 12 months at a median of $728K, with a median 97 days on market. Right now 110 active and 24 pending listings put supply at about 13.3 months — a soft market. See the live ZIP 32550 housing market and the Walton County market.

ZIP and county figures describe the wider market, not Fairways specifically. Momentum Research analysis of MLS records.

With every home built inside a three-year span and clustered around 1,543 square feet, Fairways behaves like a single product type. That uniformity is useful: it makes it easier to read what a renovation adds versus deferred maintenance subtracts. The spread in value tracks kitchens, roofs, systems, and finishes far more than square footage, so buyers should budget for updates and sellers should document them.

The homestead share sits at about 12.5%, meaning the large majority of these homes are not owner-occupied as a primary residence. In a coastal Walton County market that reads as a heavy tilt toward second-home and investment use. No community amenities turned up in current MLS listings, so value here rests on the individual home and the Miramar Beach location, not shared facilities.

In a market this thin — one active listing, no recent closings, and value that hinges on condition — generic pricing tools fall apart. We underwrite each Fairways home on its own updates and systems, track what actually trades in the surrounding Miramar Beach market, and help you act quickly when scarce inventory moves. That is the whole job here: judgment where the data is sparse.