Frangista Beach
Homes for Sale in Miramar Beach, FL
All 674 homes for sale in Miramar Beach, FL · median $650,000 · 709 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 September 2026, Frangista Beach 3rd Addition in Miramar Beach, FL has 1 home for sale. As of September 2026, the MLS records 9 closed sales in Frangista Beach 3rd Addition in Miramar Beach, FL since 2018, the most recent in July 2025. Across Miramar Beach as a whole, 375 homes closed in the last 12 months at a median of $777,500, 108 median days on market, with 314 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $7,590 ($7,200 with the full homestead exemption).
| Location | Miramar Beach, Walton County, FL · ZIP 32550 |
|---|---|
| Homes in the community | 71 (FL DOR 2025 assessment roll) |
| Years built | 2014–2023 (median 2019) |
| Typical living area | 2,848 sq ft (median) |
| Amenities listed by sellers | Community Room, Fishing, Gated, Pets Allowed, Pool, Short Term Rental - Allowed |
| For sale right now | 1 active, 0 pending · median asking $1,495,000 |
| Owner-occupied (homestead) share | 11% |
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, “Frangista Beach 3rd Addition key facts,” movewithmomentum.com/neighborhoods/frangista-beach-3rd-addition, data as of September 20, 2026.
This is a small, newer pocket near the water in Miramar Beach — 71 homes, all built between 2014 and 2023, with a median build year of 2019. In a market this compact and this new, price is driven less by neighborhood averages and more by the individual home: its finish level, its proximity to the beach, and whether it is set up to work as a rental. With only 2 active listings, comps are thin, and each closing carries outsized weight in what the next seller can ask.
The homestead share sits at just 11%, which tells you most of these homes are second homes or income properties rather than primary residences. That shapes the posture on both sides. Sellers should expect buyers to underwrite the home on rental math and condition, not on emotion. Buyers should move with discipline — low inventory can create urgency, but the newer construction and non-primary ownership mix mean you are competing on a property's numbers, not just its curb appeal.
The 60-Second Overview
Frangista Beach 3rd Addition is a small, near-the-water enclave of newer construction in Miramar Beach, where a median living area near 2,848 square feet points to substantial homes rather than compact cottages.
Emerald Coast MLS sales records identify 172 homes in Frangista Beach that have changed hands since 2003, built between 1950 and 2025 (median 2016), with a median living area of about 2,713 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 (1 in 2024, 4 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.
Who Frangista Beach is best for.
Best for
- Second-home buyers who want newer construction and are comfortable underwriting on rental potential
- Investors targeting larger, near-coast homes and prepared to move on limited inventory
- Buyers who prioritize modern systems and square footage over shared amenities
Probably not for
- Buyers who need gated or amenity-rich community features
- Value hunters looking for older, rehab-priced inventory
- Those wanting a large slate of listings to compare before committing
The market around Frangista Beach
Frangista Beach is too small for its own price trend, so here is the market around it.
In ZIP 32550, 802 homes are on the market and 9% are under contract — a slower corner of Miramar Beach.
Across Walton County, 3,174 homes are active and 698 pending (18% under contract).
In ZIP 32550 (Miramar Beach), 530 homes closed in the last 12 months at a median of $729K, up 3.7% year over year, with a median 99 days on market. Right now 355 active and 39 pending listings put supply at about 9.8 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.
Housing distress & ownership in Frangista Beach 3rd Addition, 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.
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 and pending Frangista Beach listings as of 2026-09-26, 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.
Every Home for Sale in Frangista Beach 3Rd Addition Right Now (1)
All 1 active and pending Frangista Beach 3Rd Addition listings with a detail page, newest first, refreshed twice a day from the MLS.
- 167 Lakeland Drive · $1,450,000 · 6 bd / 5.5 ba · listed Jun 30, 2026 · listed by RE/MAX by the Sea
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.
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 Frangista Beach.
A newer, non-primary pocket near the coast
The defining traits here are age and use. Every home is post-2014, with the median at 2019, so buyers are largely dealing with modern systems and current-code construction rather than dated inventory needing rehab. At a median of roughly 2,848 living square feet, these are sizable homes, and that scale — combined with proximity to the coast — is a big part of what sets value.
With homestead at 11%, this reads as a second-home and rental market. There are no community amenities identified from current MLS listings, so the draw is the homes themselves and the location, not shared facilities. That is worth naming plainly: if you want a gated, amenity-heavy resort feel, this specific addition does not advertise it. The value case is condition, square footage, and how close you are to the water.
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.
Why work with Momentum here
In a 71-home enclave with only 2 active listings and no recent closings in our window, the public data will not tell you what a home is worth — the details will. We track condition, build quality, and rental posture home by home, and we will walk you through the underwriting on a property before you compete for it. When comps are this thin, disciplined pricing and honest expectations matter more than volume.
Frangista 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 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 →
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 (2026-09-27).
Frequently Asked Questions
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: September 26, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2018 (9 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 Frangista Beach 3rd Addition fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Frangista Beach with Momentum Realty’s local guides.