FRANGISTA BEACH 2ND ADDN
Homes for Sale in Miramar Beach, FL

FRANGISTA BEACH 2ND ADDN market snapshot (as of July 25, 2026): the median sale price is about $1.13M, and a median 67 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level emeraldcoast closed sales (7 closings in the current window).

FRANGISTA BEACH 2ND ADDN is a community of 234 homes in Miramar Beach, Walton County, built between 1950 and 2024 (median 2017), with a median living area of about 2,993 square feet. 24% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Frangista Beach 2nd Addn is a compact, established pocket of about 234 homes near the Gulf in Miramar Beach, where roughly a quarter of homes carry a homestead exemption — a signal that much of the inventory trades as second homes or investment property rather than primary residences.

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

Zoned schools reflect the assignments reported on recent FRANGISTA BEACH 2ND ADDN 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 2ND ADDN address.

The 1950-to-2024 build range is the story here. In one small neighborhood you can find mid-century original construction and brand-new builds within a few blocks, which is why a single median tells you less than the specific home in front of you. At a median living area near 2,993 square feet and a median build year of 2017, the middle of this market is a substantial, relatively modern home — but you should underwrite each property on its own vintage, finish, and lot rather than the community average.

With a homestead share around 23.6%, this reads as a market weighted toward second homes and rentals more than year-round occupancy. That matters for both sides of a deal: rental income potential and short-term-use rules should be part of any buyer's diligence, and sellers competing against a slower, 67-day market need condition and presentation to carry the price.

A neighborhood this varied — six-plus decades of construction, no shared amenity to anchor value, and a soft, patient market — rewards granular pricing over rules of thumb. We underwrite each home on its own vintage, finish, and location relative to the Gulf, and we bring realistic time-on-market expectations so buyers negotiate from evidence and sellers price to actually close rather than to sit.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.