Gulf Pines
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, the MLS records 10 closed sales in Gulf Pines 2ND Addn in Miramar Beach, FL since 2003, the most recent in November 2024. 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 | 45 (FL DOR 2025 assessment roll) |
| Years built | 1957–2024 (median 1997) |
| Typical living area | 3,841 sq ft (median) |
| Amenities listed by sellers | Beach, Deed Access, Waterfront |
| For sale right now | 0 active, 1 pending |
| Owner-occupied (homestead) share | 15% |
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 2ND ADDN key facts,” movewithmomentum.com/neighborhoods/gulf-pines-2nd-addn, data as of September 20, 2026.
Price here is driven by the house, not the neighborhood. With homes built anywhere from 1957 to 2024 and a median year built of 1996, you are looking at a street where condition, renovation level, and lot matter far more than any community-wide benchmark. The median living area is a substantial 3,307 square feet, so square footage is part of the story too, but two homes of similar size can trade very differently based on how far each has been brought up to date.
With just one active listing against 75 homes, this is a thin, low-turnover market. For a buyer that means patience and readiness to move when the right home surfaces; for a seller it means a well-prepared listing has little direct competition. Just note that low supply cuts both ways — comparable sales are sparse, so pricing leans on judgment more than on a deep stack of recent trades.
The 60-Second Overview
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 50 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; 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.
Who Gulf Pines is best for.
Best for
- Buyers prioritizing generous living space around the 3,307 sq ft median and comfortable evaluating homes case by case
- Second-home or investment buyers drawn to the Miramar Beach location and a lower owner-occupied share
- Patient buyers who can wait out low inventory for the right property
Probably not for
- Buyers who want a resort-style community with pools, gates, or shared amenities
- Buyers needing many homes to compare side by side before committing
- Buyers who want uniform, newer construction rather than a wide-ranging mix of ages and conditions
The market around Gulf Pines
Gulf Pines 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 Gulf Pines specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in GULF PINES 2ND 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 2026-09-26, 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 Gulf Pines 2Nd Addn Right Now (1)
All 1 active and pending Gulf Pines 2Nd Addn listings with a detail page, newest first, refreshed twice a day from the MLS.
- 111 E Beach Drive · $5,000,000 · 6 bd / 6.5 ba · pending · listed Jun 30, 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 condition-driven street, not a spec subdivision
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.
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
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.
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 →
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
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: September 26, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2003 (10 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 2ND ADDN fits the bigger picture — live prices, inventory, and Momentum Scores:
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