Gulf Pines
Homes for Sale in Miramar Beach, FL
All 680 homes for sale in Miramar Beach, FL · median $659,000 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 2026, Gulf Pines 1ST Addn in Miramar Beach, FL has 1 home for sale. As of October 2026, the MLS records 17 closed sales in Gulf Pines 1ST Addn in Miramar Beach, FL since 1997, the most recent in March 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 32541, 32550 |
|---|---|
| Homes in the community | 108 (FL DOR 2025 assessment roll) |
| Years built | 1957–2024 (median 1995.5) |
| Typical living area | 3,216 sq ft (median) |
| Amenities listed by sellers | Beach, Deed Access, Waterfront, Fishing, Pavillion/Gazebo, Picnic Area |
| For sale right now | 1 active, 1 pending · median asking $4,500,000 |
| Owner-occupied (homestead) share | 20% |
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, “GULF PINES 1ST ADDN key facts,” movewithmomentum.com/neighborhoods/gulf-pines-1st-addn, data as of September 20, 2026.
Price here is driven by the house, not the address. Gulf Pines 1st Addn spans homes built from 1957 to 2024, so on any given block you can find an original mid-century structure next to new construction. That range means condition, vintage, and how far a home has been taken since it was built matter more than any single benchmark. The median living area sits above 3,200 square feet, so this is a larger-home pocket, and buyers should expect a wide spread tied directly to how much of each property has been updated.
The market posture is thin and quiet. There are only 3 active listings across 108 homes, and no closings in the current window, so there is very little recent transactional data to lean on. For sellers, that scarcity can work in your favor when a well-prepared home hits the market. For buyers, it means patience and a willingness to move when the right property appears, because the sample is small and comparable sales are hard to pin down.
The 60-Second Overview
Gulf Pines 1st Addn is a compact, larger-home enclave in Miramar Beach where the housing stock runs the full gamut from 1957 originals to 2024 builds. With a homestead share under 20 percent, a meaningful portion of these homes are second homes or investment properties rather than primary residences.
Emerald Coast MLS sales records identify 52 homes in GULF PINES that have changed hands since 2002, built between 1957 and 2025 (median 2000), with a median living area of about 3,062 sq ft and a typical 4-bedroom, 4-bath layout; 94% 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 7 qualified sales in GULF PINES across 2024–2025 (3 in 2024, 4 in 2025), median $2.05M — 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 Gulf Pines is best for.
Best for
- Buyers seeking a larger primary or second home who can judge value on condition rather than a neighborhood number
- Second-home or investment buyers comfortable with a market where under 20 percent of homes are homesteaded
- Patient buyers willing to wait for the right property in a low-inventory pocket
Probably not for
- Buyers who need a wide selection and multiple homes to compare at once
- Anyone wanting an amenitized subdivision, since none were identified from current listings
- Buyers who rely on frequent recent sales to benchmark price before making an offer
The market around Gulf Pines
Gulf Pines is too small for its own price trend, so here is the market around it.
In ZIP 32541, 720 homes are on the market and 13% 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 32541 (Miramar Beach), 790 homes closed in the last 12 months at a median of $730K ($199/sq ft), down 1.9% year over year, with a median 96 days on market. Right now 488 active and 65 pending listings put supply at about 9.0 months — a soft market. See the live ZIP 32541 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Gulf Pines specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in GULF PINES 1ST 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.
Homes For Sale Right Now in Gulf Pines
Live MLS inventory for Gulf Pines. 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 Gulf Pines listings as of 2026-10-01, 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 Gulf Pines 1St Addn Right Now (2)
All 2 active and pending Gulf Pines 1St Addn listings with a detail page, newest first, refreshed twice a day from the MLS.
- 46 S Overlook Circle · $4,500,000 · 6 bd / 4 ba · listed Jul 2, 2026 · listed by Beach Sunsets Inc
- 363 Lakeview Beach Drive · $5,000,000 · 6 bd / 7.5 ba · pending · listed Jul 2, 2026 · listed by Berkshire Hathaway Home Services PenFed Realty
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 Gulf Pines 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 Gulf Pines address.
Shop the zone: Homes zoned for South Walton High School
The Gulf Pines buying strategy.
If we were buying in Gulf Pines 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 Gulf Pines.
A wide-vintage pocket with a small footprint
The defining feature here is age diversity. A median year built around 1995 sits between homes nearly seven decades old and brand-new construction from 2024. That mix rewards buyers who can read a house on its own terms: a 1957 structure and a 2024 build are two very different purchases, and the value of each rests on how it has been maintained or reimagined rather than on a neighborhood-wide number.
At 108 homes, this is a small community, and no community amenities were identified from current MLS listings. Buyers should treat this as a location-and-house play in Miramar Beach, not an amenitized subdivision. The larger median living area suggests properties built for space, but with only 3 homes currently listed, selection is limited and each one deserves its own close look.
The location and the amenities are priced into every listing in Gulf Pines. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Thin inventory and a wide vintage spread make this exactly the kind of pocket where a general search falls short. With only 3 active listings and no recent closings to anchor pricing, you need someone who tracks Miramar Beach block by block and can help you judge a 1957 home against a 2024 build on its own merits. We will tell you when a listing is priced on condition, when it is not, and when to wait.
Gulf Pines 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 Gulf Pines 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 Gulf Pines sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Gulf Pines, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Gulf Pines home worth?
Get a no-obligation home value based on real comparable sales in Gulf Pines, 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 GULF PINES 1ST ADDN
Homes in GULF PINES 1ST 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.
- 264 Lakeview Beach Drive · off market
11% 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 (2026-09-30).
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Walton County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Frequently Asked Questions
How many homes are in Gulf Pines?
What share of Gulf Pines is owner-occupied?
When were the homes in Gulf Pines built?
Who is the best real estate agent for Gulf Pines?
How do I find a top Miramar Beach real estate agent who knows Gulf Pines?
Can Momentum Realty connect me with an agent for Gulf Pines?
Where is Gulf Pines, and what county is it in?
Should you buy in Gulf Pines?
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: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 32541/32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1997 (17 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 GULF PINES 1ST ADDN fits the bigger picture — live prices, inventory, and Momentum Scores:
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