Frangista Beach
Homes for Sale in Miramar Beach, FL

This is a compact, water-oriented enclave in Miramar Beach where inventory is scarce and homes turn slowly. The near-total absence of homestead usage tells you most of this stock functions as second homes or rentals rather than primary residences.

Emerald Coast MLS sales records identify 170 homes in FRANGISTA BEACH that have changed hands since 2003, built between 1950 and 2025 (median 2016), with a median living area of about 2,697 sq ft and a typical 5-bedroom, 4.5-bath layout; 96% 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 FRANGISTA BEACH across 2024–2025 (3 in 2024, 2 in 2025), median $1.85M — 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.

Frangista 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 Frangista Beach specifically. Momentum Research analysis of MLS records.

• Van R Butler · Elementary
• Emerald Coast · Middle
• South Walton · High

Zoned schools reflect the assignments reported on recent Frangista Beach 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 Frangista Beach address.

The defining feature of Frangista Beach is age spread. With original construction going back to 1950 and new builds through 2024, and a median build around 2014-2015, the neighborhood is roughly half legacy stock and half newer product. That mix is why a single median price is the honest number to quote and a price range is not: value hinges on whether you are buying a renovation project or a turnkey recent build, and the gap between those can be large. A median living area near 3,000 square feet points to substantial homes, but square footage alone will not tell you which side of that renovation line a listing falls on.

No community amenities surface in the current MLS listings, so the draw here is location and the homes themselves rather than shared facilities. A homestead share around 6 percent signals a market weighted toward non-primary ownership, which typically means more seasonal listing activity and buyers who care about rental performance and beach access. Combined with the long days-on-market and thin active count, expect deals to be negotiated one at a time, with condition and exact position doing most of the pricing work.

In a thin, slow-moving market with a wide age range and few comparable sales, the value we add is disciplined underwriting: separating renovation projects from turnkey builds, reading how a given address sits relative to the water, and pricing to condition rather than to a headline median. Whether you are selling and need a realistic timeline or buying and need leverage on a listing that has been sitting, we work from the actual data in this pocket, not from assumptions.