Frangista Beach 3rd Addition
Homes for Sale in Miramar Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via emeraldcoast
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.
Who Frangista Beach 3rd Addition 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
Homes For Sale Right Now in Frangista Beach 3rd Addition
Live MLS inventory for Frangista Beach 3rd Addition. 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 3rd Addition listings as of 2026-07-25, 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.
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 3rd Addition 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 3rd Addition address.
The Frangista Beach 3rd Addition buying strategy.
If we were buying in Frangista Beach 3rd Addition 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 3rd Addition.
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 3rd Addition. 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 3rd Addition in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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 3rd Addition 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 3rd Addition 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 3rd Addition, 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 3rd Addition home worth?
Get a no-obligation home value based on real comparable sales in Frangista Beach 3rd Addition, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
How many homes are in Frangista Beach 3rd Addition?
What share of Frangista Beach 3rd Addition is owner-occupied?
When were the homes in Frangista Beach 3rd Addition built?
Do cash buyers compete in Frangista Beach 3rd Addition?
Who is the best real estate agent for Frangista Beach 3rd Addition?
How do I find a top Miramar Beach real estate agent who knows Frangista Beach 3rd Addition?
Can Momentum Realty connect me with an agent for Frangista Beach 3rd Addition?
Should you buy in Frangista Beach 3rd Addition?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Frangista Beach 3rd Addition with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | emeraldcoast, refreshed twice daily (last: July 25, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32550)) |
| 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 emeraldcoast 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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.
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