Gulf Pines
Homes for Sale in Miramar Beach, FL

Gulf Pines 2nd Addn is a small, established pocket of Miramar Beach in Walton County — 75 homes spanning nearly seven decades of construction, with larger floor plans and no shared community amenities identified in current listings.

Emerald Coast MLS sales records identify 55 homes in GULF PINES that have changed hands since 2002, built between 1957 and 2025 (median 2002), with a median living area of about 3,163 sq ft and a typical 4-bedroom, 4-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 3 qualified sales in GULF PINES across 2024–2025 (2 in 2024, 1 in 2025), median $5.60M — 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.

Gulf Pines is too small for its own price trend, so here is the market around it.

In ZIP 32550, 728 homes are on the market and 10% are under contract — a slower corner of Miramar Beach.

Across Walton County, 2,879 homes are active and 587 pending (17% under contract).

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.

ZIP and county figures describe the wider market, not Gulf Pines specifically. Momentum Research analysis of MLS records.

The wide build range — 1957 through 2024 — tells you this was never delivered as one uniform product. Homes have been added, rebuilt, and replaced over time, which is why the median year built lands at 1996 while the newest stock is essentially current. Expect to evaluate each property on its own: original systems on the older end, full rebuilds on the newer, and everything in between. Do your inspection homework and price accordingly.

The homestead share sits at about 16.5%, meaning the large majority of these homes are not owner-occupied as a primary residence. That points to a mix skewed toward second homes and investment or rental use, which is consistent with the Miramar Beach location. It also shapes turnover and how sellers position a home, so factor it into both your buying strategy and any resale timeline.

In a market this thin — one active listing against 75 homes — the value is in knowing when to move and how to price a property with few direct comparables. We track this pocket closely, read each home on its own condition and improvements rather than a blanket per-foot number, and will tell you plainly when a specific listing does not justify its ask.