Flamingo Beach
Homes for Sale in Miramar Beach, FL
All 636 homes for sale in Miramar Beach, FL · median $659,000 · 647 homes for sale in 32550 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
Homes listed or recently sold were built 1984–2023; 1 of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft). As of November 2026, the MLS records 2 closed sales in Flamingo Beach in Miramar Beach, FL since 2026, the most recent in September 2026. Across Miramar Beach as a whole, 719 homes closed in the last 12 months at a median of $705,000, 97 median days on market, with 646 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $6,880 ($6,490 with the full homestead exemption).
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.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
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 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.
Emerald Coast MLS sales records identify 11 homes in FLAMINGO BEACH that have changed hands since 2014, built between 1984 and 2023 (median 2007), with a median living area of about 2,386 sq ft and a typical 3-bedroom, 3-bath layout; 100% 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 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.
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.
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
The market around Flamingo Beach
Flamingo Beach is too small for its own price trend, so here is the market around it.
In ZIP 32550, 728 homes are on the market and 10% are under contract — a slower corner of Miramar Beach.
Across Walton County, 2,879 homes are active and 587 pending (17% 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 Flamingo Beach specifically. Momentum Research analysis of MLS records.
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 contributors.
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.
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
| Location | Miramar Beach, Walton County, FL · ZIP 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 |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 64% |
Data as of November 9, 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 November 9, 2026.
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.
More Miramar Beach home searches
- All homes for sale in Miramar Beach, FL
- Homes for sale in Walton County, FL
- Miramar Beach pool homes for sale
- Miramar Beach home values: what is my house worth?
Miramar Beach guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Property taxes (Walton County)
- Homestead exemption (Walton County)
- Home insurance cost
- New construction
- New construction (Walton County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Bayshore Drive (11 homes on record)
What it really costs to own in Flamingo Beach
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $4,490/yr across 6 listings here (MLS tax records, 2026-11-13). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Walton County is $1,942/yr (433 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2009 across 6 listings. An original roof here would be about 17 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Flamingo Beach
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Flamingo Beach
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Flamingo Beach will answer, and the answer is published on this page for the next buyer.
Recent Developments in Flamingo Beach
Development, infrastructure, retail, and school activity affecting Flamingo Beach, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
TJ Maxx to open 33,865-square-foot Destin store Nov. 1 at Paradise Key
The off-price retailer opens at 4437 Commons Drive East with a grand opening from 8 a.m. to 8 p.m. on Nov. 1. Regular hours run 9:30 a.m. to 9:30 p.m. daily, and the store sells apparel, accessories, jewelry, and home and beauty goods.
What it may mean for the marketA new national off-price anchor adds everyday shopping close to Destin's commercial corridor and may shorten trips for retail needs. The site is about 5 miles west of Flamingo Beach.
Source: Get The Coast - October 2026Development
DeFuniak Springs tactical training firm plans campus expansion after multimillion-dollar contracts
Stronghold Test & Training Center, on a 50-acre campus at 150 Warfighter Way, plans a new complex with secure vaults, classrooms, offices and a 3D-printing prototyping bay. The company cites a $21 million Navy contract through 2030 and other federal awards; no cost, timeline or job count was given.
What it may mean for the marketDefense-linked contracting growth near Eglin and Hurlburt supports employer activity and specialized jobs in the DeFuniak Springs area. The project is about 26 miles northeast of Flamingo Beach, elsewhere in Walton County.
Source: Get The Coast - August 2026Infrastructure
Walton commissioners approve up to $4.69 million Westbay Parkway design contract
At its August 17, 2026 meeting, the Walton County Board of County Commissioners approved, on the consent agenda, a contract with Mott MacDonald for Westbay Parkway design not to exceed $4,693,502.38. The same agenda included a $184,117 Dewberry task order for the Santa Clara Regional Beach Access Bramble Grove addition.
What it may mean for the marketDesign work on Westbay Parkway is an early step toward added road capacity in western Walton County. The project is about 13 miles northeast of Flamingo Beach, elsewhere in Walton County.
Source: Walton County Government - July 2026Infrastructure
Scenic Walton advances underground utilities and gateway landscape projects
Scenic Walton reported progress on countywide initiatives, including a $200,000 Freeport U.S. 331 gateway landscape project supported by a $100,000 FDOT Highway Beautification Grant, plus a 30A West gateway landscape project and early planning for countywide underground utilities. Funding for the utilities study advanced into Walton County's draft budget for fiscal year 2026 to 2027.
What it may mean for the marketAdvances roadway beautification and stormwater improvements along the Freeport U.S. 331 corridor and the 30A west gateway and lays groundwork for utility resilience upgrades across Walton County. The site is about 14 miles northeast of Flamingo Beach.
Source: Get The Coast - June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 13 miles northwest of Flamingo Beach.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
How many homes are in Flamingo Beach?
What share of Flamingo Beach is owner-occupied?
When were the homes in Flamingo Beach built?
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Where is Flamingo Beach, and what county is it in?
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: November 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (2 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.
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