Flamingo Beach
Homes for Sale in Miramar Beach, FL
All 680 homes for sale in Miramar Beach, FL · median $659,000 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
Over the 12 months ending 2026-09-20, 7 recorded sales closed at a median of $1,550,000, a median 11 days on market, sellers accepting 93% of original asking. Homes listed or recently sold were built 1984–2023; 1 of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $15,120 ($14,740 with the full homestead exemption).
| Location | Miramar Beach, Walton County, FL · ZIP 32541, 32550 |
|---|---|
| Homes in the community | 73 (FL DOR 2025 assessment roll) |
| Years built | 1956–2024 (median 2004) |
| Typical living area | 3,034 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Security System, Boat Launch, BBQ Pit/Grill, Fire Alarm, Fishing, Pavillion/Gazebo |
| Sale prices, last 12 months | $1,550,000 median across 7 closed sales |
| Days on market (closed sales) | 11 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 64% |
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, “FLAMINGO BEACH key facts,” movewithmomentum.com/neighborhoods/flamingo-beach, data as of September 20, 2026.
Last 30 days in Flamingo Beach: 1 closed sale (median $3,140,000). As of October 2, 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.
Flamingo Beach sits in the upper tier of the Miramar Beach market, with a median around $1,472,500. That number is driven by proximity to the coast and by home size and condition far more than by any shared amenity package — there is nothing identified in current MLS listings that a buyer is paying an HOA premium for. Price here is about the individual property.
The posture is thin and quick. With only 2 active listings and a median of roughly 8.5 days on market over the last 6 closings, this is a low-inventory, fast-moving pocket. Sellers hold leverage when a home is priced right; buyers need financing lined up and a willingness to move on the day a listing hits, not the week after.
Nearby homes for sale
No active listings inside FLAMINGO BEACH right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Flamingo Beach market snapshot (as of September 20, 2026): the median sale price is about $1.55M, and a median 11 days on market for closed sales.
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 5 qualified sales in FLAMINGO BEACH across 2024–2024, median $536,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Flamingo Beach is a community of 73 homes in Miramar Beach, Walton County, built between 1956 and 2024 (median 2004), with a median living area of about 3,034 square feet. 64% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Flamingo Beach is a small, high-end coastal enclave in Miramar Beach where the story is the individual home, not a community amenity list. Expect scarce inventory and a short decision window.
The setting & the homes.
Aerial and on-site photos of Flamingo Beach. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Flamingo BeachPhotos from Emerald Coast MLS listings in Flamingo Beach; content deemed reliable but not guaranteed.
Who Flamingo Beach is best for.
Best for
- Buyers with financing in place and a budget around the $1,472,500 median who can act within days
- Second-home or coastal-lifestyle buyers focused on the property itself rather than shared amenities
- Cash or pre-approved buyers who value a fast, low-competition-inventory transaction
Probably not for
- Buyers who need a wide range of listings to compare before committing
- Anyone seeking a community with a clubhouse, gate, or organized amenities
- Buyers who require several weeks to arrange financing or reach a decision
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 ($1.55M) IS the median in the snapshot above.
Windows contain 0 to 7 sales each (7 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.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Walton County scorecard.
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.
13% of homes for sale in ZIP 32541 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 (2026-09-20).
Flamingo Beach Market Scorecard
Flamingo Beach is currently a balanced market..
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 FLAMINGO BEACH, 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.
Flamingo Beach 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.
The Flamingo Beach buying strategy.
If we were buying in Flamingo Beach 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Flamingo Beach.
A thin market where the house is the whole story
Two active listings is not a market you shop casually. It is a market you monitor. With a median near $1,472,500 and no amenities identified from current MLS listings, what you are buying is location and the specific structure — its condition, its footprint, its position relative to the water. There is no clubhouse or gate premium baked into these numbers to explain away; the price is the house.
The roughly 8.5-day median on the last 6 closings tells you the good ones do not sit. That cuts both ways. Sellers who price to the market and present cleanly tend to transact quickly. Buyers who need weeks to deliberate, or who are still assembling financing, will watch homes go under contract before they are ready to act.
The location and the amenities are priced into every listing in Flamingo Beach. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a two-listing market that turns in single-digit days, the edge is being early and being decisive. We track this pocket closely, get you inside quickly, and help you read a specific home's condition and position — the things that actually set price here — so you can make a real offer while the window is open rather than after it closes.
Flamingo Beach 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 Flamingo Beach 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 Flamingo Beach sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Flamingo Beach, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Flamingo Beach home worth?
Get a no-obligation home value based on real comparable sales in Flamingo Beach, 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 FLAMINGO BEACH
Homes in FLAMINGO BEACH 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. 2 on record.
- 201 Bayshore Drive · off market
- 5 Bayshore Drive · off market
Frequently Asked Questions
What is the median home price in Flamingo Beach?
How long do homes in Flamingo Beach take to sell?
How many homes are in Flamingo Beach?
What share of Flamingo Beach is owner-occupied?
When were the homes in Flamingo Beach built?
Who is the best real estate agent for Flamingo Beach?
How do I find a top Miramar Beach real estate agent who knows Flamingo Beach?
Can Momentum Realty connect me with an agent for Flamingo Beach?
Where is Flamingo Beach, and what county is it in?
Is Flamingo Beach a good place to live?
Should you buy in Flamingo Beach?
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: October 1, 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 (1 streets, ZIP 32541/32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1995 (16 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 FLAMINGO BEACH fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Flamingo Beach with Momentum Realty’s local guides.