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 Addn in Miramar Beach, FL has 3 homes for sale. Homes listed or recently sold were built 2017–2019; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 18 ft).
| Location | Miramar Beach, Walton County, FL · ZIP 32550 |
|---|---|
| Homes in the community | 77 (FL DOR 2025 assessment roll) |
| Years built | 2014–2023 (median 2019) |
| Typical living area | 2,848 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Gated, Pool, Short Term Rental - Allowed, Community Room, Pets Allowed, Picnic Area |
| For sale right now | 3 active, 0 pending · median asking $1,280,000 · 18.0 months of supply |
| Owner-occupied (homestead) share | 10% |
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 ADDN key facts,” movewithmomentum.com/neighborhoods/frangista-beach-3rd-addn, data as of September 20, 2026.
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 · 135 daysTop listingActive · 68 days
Active · 204 daysActive 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 Addn Right Now (3)
All 3 active and pending Frangista Beach 3Rd Addn listings with a detail page, newest first, refreshed twice a day from the MLS.
- 61 Shelley's Way · $1,280,000 · 4 bd / 4 ba · listed Jul 14, 2026 · listed by Berkshire Hathaway HomeServices
- 170 Penelope Street · $1,500,000 · 4 bd / 4 ba · listed Jun 30, 2026 · listed by Corcoran Reverie SRB
- 18 Lakeland Drive · $995,000 · 3 bd / 4 ba · listed Jun 30, 2026 · listed by EXP Realty LLC
This is a small, newer pocket of Miramar Beach — 77 homes, all built between 2014 and 2023, with the median year built landing at 2019. That construction age is the story here: in a market where a lot of Emerald Coast inventory is older, this is modern product with a median living area near 2,848 square feet. Price is driven less by the neighborhood itself and more by the individual home's condition, finish level, and how close it sits to the beach.
With only 3 active listings and a homestead share around 10%, this reads as a lightly held, largely non-primary-residence enclave — the kind of place where a seller with a well-kept home has leverage because there is little to compete against, and a buyer needs to move decisively when the right listing appears. Thin inventory cuts both ways: fewer choices, but also fewer comps, so pricing on any single home deserves scrutiny.
Frangista Beach right now
🟢 Buyer-leaning market. 18.0 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 September 20, 2026. Confidence: Low (3 active and pending listings, 2 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 29, 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 3rd Addn is a compact, newer-construction section of Miramar Beach in Walton County, built out over roughly a decade and dominated by non-homesteaded ownership.
Emerald Coast MLS sales records identify 156 homes in FRANGISTA BEACH that have changed hands since 2003, built between 1950 and 2025 (median 2015), with a median living area of about 2,729 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.
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
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Frangista BeachPhotos 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 newer, low-maintenance construction close to the beach
- Buyers targeting a larger floor plan in the ~2,800-square-foot range
- Buyers comfortable moving quickly when limited inventory turns over
Probably not for
- Buyers who want a broad set of listings to compare before committing
- Buyers seeking older homes or renovation value plays
- Buyers who prioritize built-in community amenities, which none are identified here
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 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.
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, tiles © CARTO.
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 new-build pocket with thin supply
The defining trait is homogeneity of vintage. Everything here went up in the 2014–2023 window, which means buyers are largely shopping newer systems, newer roofs, and current floor plans rather than renovation projects. The median home runs close to 2,848 square feet, so these are substantial houses, not cottages — expect the spread in asking prices to track finish and location rather than dramatic differences in age.
With a homestead share around 10%, most of these homes are not primary residences, which is consistent with a Miramar Beach location. That has practical implications: turnover and pricing can move with the second-home and rental market as much as with local demand, and a buyer should confirm any short-term rental rules and expectations directly, since no community amenities were identified from current MLS listings.
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 section this small with only a handful of active listings, the value is in knowing which homes are truly comparable and which are not. We track the new-construction inventory across Miramar Beach, we read condition and location honestly, and we will tell you when a specific home is priced ahead of what the thin comp set actually supports — on either side of the deal.
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 →
Recently off market in FRANGISTA BEACH 3RD ADDN
Homes in FRANGISTA BEACH 3RD 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. 1 on record.
- 143 Penelope Street · off market
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 (2026-09-24).
Frequently Asked Questions
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: September 26, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2022 (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 ADDN fits the bigger picture — live prices, inventory, and Momentum Scores:
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