Frangista Beach
Homes for Sale in Miramar Beach, FL
All 639 homes for sale in Miramar Beach, FL · median $659,000 · 648 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
As of November 2026, Frangista Beach 2ND Addn in Miramar Beach, FL has 7 homes for sale, asking from $994,000 to $3,100,000 (median $1,698,000). Over the 12 months ending 2026-11-09, 4 recorded sales closed at a median of $1,200,000, a median 194 days on market, sellers accepting 90% of original asking. Homes listed or recently sold were built 2013–2026 with 2 new construction; 14 of 16 report an HOA (median $150/mo); none of the 16 geocoded homes sit in a FEMA special flood hazard zone (median elevation 23 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $11,710 ($11,320 with the full homestead exemption).
Last 30 days in Frangista Beach: 2 new listings (median asking $1,597,000), 2 closed sales (median $952,500). As of November 11, 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.
Homes For Sale Right Now in Frangista Beach
Live MLS inventory for Frangista Beach. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 69 daysTop listing
Active · 12 days
Active · 144 days
Active · 160 days
Active · 172 days
Active · 71 days
Active · 22 daysActive and pending Frangista Beach listings as of 2026-11-11, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Price here is driven by the house itself, not by a shared amenity package — no community amenities show up in current MLS listings. With a median build year of 2017 but a range that runs from 1950 to 2024, condition and vintage do most of the work: a newer, well-finished home commands a very different number than an older one on a similar lot. The median sits at $1,127,000 across roughly 2,993 square feet, and the spread around that figure is wide because you are paying for the structure, its finish level, and its proximity to the beach in Miramar Beach.
Market posture leans soft. Prices are down 6.1% year over year, the median home takes about 67 days to sell, and the heat score of 26 points to a slower, buyer-favoring pace. With 10 active listings against just 7 closings in the trailing window, sellers should expect to be patient and priced correctly; buyers have room to be selective and to negotiate on time and terms.
Figures in this note are as of July 25, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Frangista Beach right now
🟢 Buyer-leaning market. 9.3 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of November 9, 2026. Confidence: Medium (7 active and pending listings, 4 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 12, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Frangista Beach market snapshot (as of November 9, 2026): the median sale price is about $1.20M, a median 194 days on market for closed sales, and 9.3 months of supply, a buyer-leaning market.
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.
County records show 14 qualified sales in FRANGISTA BEACH across 2024–2025 (8 in 2024, 6 in 2025), median $1.32M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Frangista Beach is a community of 115 homes in Miramar Beach, Walton County, built between 1981 and 2024 (median 2017.0), with a median living area of about 3,090 square feet. 38% 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.
The setting & the homes.
Aerial and on-site photos of Frangista Beach. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Emerald Coast MLS listings in Frangista Beach; content deemed reliable but not guaranteed.
Who Frangista Beach is best for.
Best for
- Second-home buyers wanting a substantial, relatively modern home near the Gulf who can move deliberately on price
- Investors evaluating rental potential who will do the diligence on use rules and income
- Budget-around-seven-figures buyers who want negotiating leverage in a slower market
Probably not for
- Buyers who need to sell again quickly, given the roughly 67-day median time on market
- Anyone expecting a community with pools, gates, or other shared amenities
- Buyers relying on the median as a proxy who won't underwrite each home's vintage and condition
Frangista 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.
Schools
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- 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.
Shop the zone: Homes zoned for South Walton High School
The Frangista Beach buying strategy.
If we were buying in Frangista 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Frangista Beach.
A condition-driven beachside market
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.
The location and the amenities are priced into every listing in Frangista Beach. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Frangista Beach buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (2.6). Basis: Liquidity & Demand 9.3 months of supply; Owner Commitment 38% owner-occupied; Pricing Power 89.9% sale-to-list. Refreshed with each data update.
Why work with Momentum here
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.
Frangista Beach in 15 seconds.
Tools for a Frangista 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 Frangista Beach sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Frangista 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 Frangista Beach home worth?
Get a no-obligation home value based on real comparable sales in Frangista 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 FRANGISTA BEACH 2ND ADDN
Homes in FRANGISTA BEACH 2ND ADDN 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. 9 on record.
- 10 Lake Street · off market
- 117 charlotte ave Avenue · off market
- 14 Mobile Street · off market
- 147 Charlotte Avenue · off market
- 283 Lakeland Drive · off market
- 50 Walton Drive · off market
- 68 Penelope Street · off market
- 77 Mobile Street · off market
| Location | Miramar Beach, Walton County, FL · ZIP 32550 |
|---|---|
| Homes in the community | 115 (FL DOR 2025 assessment roll) |
| Years built | 1981–2024 (median 2017.0) |
| Typical living area | 3,090 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Gated, Short Term Rental - Allowed, Deed Access, Pool, Beach, Community Room |
| Sale prices, last 12 months | $1,200,000 median across 4 closed sales |
| Days on market (closed sales) | 194 median |
| For sale right now | 7 active, 0 pending · median asking $1,698,000 · 9.3 months of supply |
| Owner-occupied (homestead) share | 38% |
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, “Frangista Beach key facts,” movewithmomentum.com/neighborhoods/frangista-beach-2nd-addn, data as of November 9, 2026.
Housing distress & ownership in FRANGISTA BEACH 2ND ADDN, 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.
Just listed in Frangista Beach
The newest homes for sale in Frangista Beach right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 44 Walton Drive $2,200,000 · 7 bd · 7 ba · listed Oct 29, 2026 Courtesy of Five Star Properties RE FL Inc
- 74 Walton Drive $994,000 · 4 bd · 3.5 ba · listed Oct 19, 2026 Courtesy of EXP Realty LLC
- 222 Miami Street $3,100,000 · 7 bd · 8.5 ba · listed Sep 2, 2026 Courtesy of Gulf Realty 30A LLC
- 29 Ruth Street $1,299,000 · 5 bd · 4 ba · listed Aug 31, 2026 Courtesy of Newman Dailey Resort Properties
- 39 Charlotte Avenue $1,999,999 · 6 bd · 6.5 ba · listed Jun 19, 2026 Courtesy of Ruckel Properties Inc
- 28 W Palm Beach Court $1,698,000 · 4 bd · 4.5 ba · listed Jun 3, 2026 Courtesy of LPT Realty LLC
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Frangista Beach 2Nd Addn Right Now (7)
All 7 active and pending Frangista Beach 2Nd Addn listings with a detail page, newest first, refreshed twice a day from the MLS.
- 44 Walton Drive · $2,200,000 · 7 bd / 7 ba · listed Oct 28, 2026 · listed by Five Star Properties RE FL Inc
- 74 Walton Drive · $994,000 · 4 bd / 3.5 ba · listed Oct 18, 2026 · listed by EXP Realty LLC
- 222 Miami Street · $3,100,000 · 7 bd / 8.5 ba · listed Sep 1, 2026 · listed by Gulf Realty 30A LLC
- 29 Ruth Street · $1,299,000 · 5 bd / 4 ba · listed Aug 30, 2026 · listed by Newman Dailey Resort Properties
- 39 Charlotte Avenue · $1,999,999 · 6 bd / 6.5 ba · listed Aug 13, 2026 · listed by Ruckel Properties Inc
- 28 W Palm Beach Court · $1,698,000 · 4 bd / 4.5 ba · listed Aug 13, 2026 · listed by LPT Realty LLC
- 48 Ruth Street · $1,530,000 · 4 bd / 4 ba · listed Aug 13, 2026 · listed by The Premier Property Group Seacrest Office
Recently sold in Frangista Beach 2Nd Addn
- 50 Walton Drive · sold $930,000
- 68 Penelope Street · sold $975,000
- 147 Charlotte Avenue · sold $1,825,000
- 10 Lake Street · sold $1,425,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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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What it really costs to own in Frangista 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 $9,259/yr across 9 listings here (MLS tax records, 2026-11-12). |
|---|---|
| HOA dues | Median $150/month across 9 MLS listings (most billed quarterly; 2026-11-12). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| 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 2019 across 9 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
Estimated carrying cost at the median asking price, before the mortgage: about $1,083/month (tax $772, HOA $150, insurance $162). An estimate from the sources above, not a quote.
Email me new listings in Frangista 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 Frangista Beach
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Frangista Beach will answer, and the answer is published on this page for the next buyer.
10% of homes for sale in ZIP 32550 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 (2026-11-12).
FRANGISTA BEACH 2ND ADDN Market Scorecard
FRANGISTA BEACH 2ND ADDN is currently a strong buyer's market. About 9.3 months of supply, a median asking price of $1,698,000, and homes go under contract in about 73 days.
Typical home value in the 32550 ZIP is $655,269, about 35.9% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
What is the median home price in Frangista Beach?
How long do homes in Frangista Beach take to sell?
Is Frangista Beach a buyer's or seller's market right now?
How many homes are in Frangista Beach?
What share of Frangista Beach is owner-occupied?
When were the homes in Frangista Beach built?
Who is the best real estate agent for Frangista Beach?
How do I find a top Miramar Beach real estate agent who knows Frangista Beach?
Can Momentum Realty connect me with an agent for Frangista Beach?
Where is Frangista Beach, and what county is it in?
Should you buy in Frangista 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 11, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending November 9, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (4 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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See how FRANGISTA BEACH 2ND ADDN fits the bigger picture — live prices, inventory, and Momentum Scores:

