Las Palmas in Santa Rosa Beach

Las Palmas
Homes for Sale in Santa Rosa Beach, FL

All 848 homes for sale in Santa Rosa Beach, FL · median $1,135,000 · 878 homes for sale in 32459 · Walton County homes for sale

Community in Santa Rosa Beach · Walton County · ZIP 32459
10 homesBuilt 2005–2005
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data21 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Las Palmas in Santa Rosa Beach, FL has 1 home for sale. As of September 2026, the MLS records 11 closed sales in Las Palmas in Santa Rosa Beach, FL since 2005, the most recent in March 2025. Across Santa Rosa Beach as a whole, 545 homes closed in the last 12 months at a median of $975,000, 84 median days on market, with 302 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $9,510 ($9,130 with the full homestead exemption).

LAS PALMAS key facts
LocationSanta Rosa Beach, Walton County, FL · ZIP 32459
Homes in the community10 (FL DOR 2025 assessment roll)
Years built2005–2005 (median 2005.0)
Typical living area2,170 sq ft (median)
Amenities listed by sellersShort Term Rental - Allowed
For sale right now1 active, 0 pending · median asking $1,249,000
Owner-occupied (homestead) share20%

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, “LAS PALMAS key facts,” movewithmomentum.com/neighborhoods/las-palmas, data as of September 20, 2026.

Live · Las Palmas Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Walton: 18% (698 of 3,872)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
20%
Owner-occupied · Las Palmas
2 of 10 parcels homesteaded (FL DOR 2025)
80%
Non-owner-occupied · Las Palmas
incl. 20% trust or LLC-held · 50% out-of-state
10
Homes in the community
10 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 2005
Community established
homes built 2005-2005, median 2005 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Las Palmas in Santa Rosa Beach currently shows a single active listing, so there is no market breadth to read here — one home sets the tone, and its condition, exact location within the community, and asking strategy will drive whatever the number ends up being. With no median reported in this snapshot and no amenity package identified from current MLS data, price is a story of the individual property, not a pattern.

For a buyer, that means leverage depends entirely on how long this one listing has sat and how motivated the seller is; there is no comparable inventory to triangulate against. For a seller, thin supply can cut both ways — less to compete with, but also less recent activity to anchor a price to. Move deliberately and lean on hard comps from the surrounding area rather than the community itself.

The 60-Second Overview

Las Palmas is a small pocket within Santa Rosa Beach in Walton County, and at this snapshot it holds just one active listing with no community amenities identified from current MLS data — a market you evaluate one home at a time.

Emerald Coast MLS sales records identify 7 homes in LAS PALMAS that have changed hands since 2005, built between 2005 and 2005 (median 2005), with a median living area of about 2,114 sq ft and a typical 4-bedroom, 3.5-bath layout; 100% 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.

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.

Best for

  • Buyers targeting a specific Santa Rosa Beach location who found the one home that fits
  • Buyers comfortable pricing off surrounding-area comps rather than internal community data
  • Patient buyers who can wait for the right single listing and move decisively when it appears

Probably not for

  • Buyers who want multiple homes to compare within one community
  • Buyers expecting a defined amenity or community package, which current listings do not identify
  • Buyers who need active market depth to feel confident on value

The market around Las Palmas

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

In ZIP 32459, 1,067 homes are on the market and 18% are under contract — a slower corner of Santa Rosa Beach.

Across Walton County, 3,174 homes are active and 698 pending (18% under contract).

In ZIP 32459 (Santa Rosa Beach), 967 homes closed in the last 12 months at a median of $960K, up 2.0% year over year, with a median 82 days on market. Right now 496 active and 94 pending listings put supply at about 7.0 months — a buyer's market. See the live ZIP 32459 housing market and the Walton County market.

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

Housing distress & ownership in LAS PALMAS, Santa Rosa Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 11 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-19)

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 Las Palmas

Live MLS inventory for Las Palmas. 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 Las Palmas 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 Las Palmas Right Now (1)

All 1 active and pending Las Palmas listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 22 Las Palmas Way · $1,249,000 · 5 bd / 3.5 ba · listed Jun 30, 2026 · listed by FIV Realty Co Florida LLC

Schools

In short
  • 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 Las Palmas 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 Las Palmas address.

If we were buying in Las Palmas today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Las Palmas.

Best Buy
Buyers who want a specific home in Santa Rosa Beach and are comfortable evaluating it on its own merits.
Biggest Risk
No comps inside the community means value has to be argued from the surrounding market.
Sweet Spot
A well-priced single listing that matches your needs, backed by hard area comps.
Avoid If
You want selection or a defined amenity package to choose from.

A one-listing market

With a single active listing, everything about value here is condition-driven and location-specific rather than set by a community trend. There is no shared amenity profile pulled from current listings to price into the equation, so the home itself — its finishes, its footprint, its exact spot in Santa Rosa Beach — carries the argument.

This is the kind of community where a buyer needs patience and a seller needs realistic anchoring to nearby sales, because the internal sample size is too small to argue from. Treat the surrounding Santa Rosa Beach market as your reference point and use this listing as a case study, not a proxy for a whole neighborhood.

“

The location and the amenities are priced into every listing in Las Palmas. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community comes down to one listing, generic pricing tools fail you — you need someone who will pull real comps from the broader Santa Rosa Beach area and tell you plainly whether this single home is priced to move or priced to sit. That is the work we do here: no guesswork, no inflated projections, just a grounded read on the one property on the table.

Las Palmas in 15 seconds.

Best forBuyers who want a specific home in Santa Rosa Beach and are comfortable evaluating it on its own merits.
Biggest advantageThin competition — with one active listing, you are not bidding against a crowded field.
Biggest riskNo comps inside the community means value has to be argued from the surrounding market.
Sweet spotA well-priced single listing that matches your needs, backed by hard area comps.
Avoid ifYou want selection or a defined amenity package to choose from.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Las Palmas homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Las Palmas.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Las Palmas sales matched to your home.

What is your Las Palmas home worth?

Get a no-obligation home value based on real comparable sales in Las Palmas, 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 Santa Rosa Beach →

Real comps, not an automated estimate.

Recently off market in LAS PALMAS

Homes in LAS PALMAS 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. 2 on record.

How much local inventory is already under contract

18% of homes for sale in ZIP 32459 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 (2026-09-29).

Frequently Asked Questions

How many homes are in Las Palmas?
The Florida DOR 2025 assessment roll shows 10 homes in Las Palmas (public records).
What share of Las Palmas is owner-occupied?
20% of Las Palmas parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Las Palmas built?
Homes in Las Palmas were built between 2005 and 2005, with a median year built of 2005.0 (FL DOR 2025 roll).
Who is the best real estate agent for Las Palmas?
The best agent for Las Palmas is one who actively works Santa Rosa Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Las Palmas.
How do I find a top Santa Rosa Beach real estate agent who knows Las Palmas?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Las Palmas and the wider Santa Rosa Beach area.
Can Momentum Realty connect me with an agent for Las Palmas?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Las Palmas purchase or sale - no call center and no pressure.
Where is Las Palmas, and what county is it in?
Las Palmas is in Santa Rosa Beach, Walton County, FL, ZIP 32459.
Buyers targeting a specific Santa Rosa Beach location who found the one home that fitsExcellent fit
Buyers comfortable pricing off surrounding-area comps rather than internal community dataExcellent fit
Patient buyers who can wait for the right single listing and move decisively when it appearsExcellent fit
Buyers who want multiple homes to compare within one communityProbably not
Buyers expecting a defined amenity or community package, which current listings do not identifyProbably not
Buyers who need active market depth to feel confident on valueProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 26, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32459))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2005 (11 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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Nearby Communities

Explore more neighborhoods near Las Palmas with Momentum Realty’s local guides.

Gulf Views0.1 mi away · 2 for saleGulf View0.1 mi awayLegends Of0.1 mi away · 4 homes, built 1958–24, 2 for saleCaspian Estates0.1 mi away · 1 for saleSummer Place (Walton)0.1 mi away · median $1.06M, 3 sales/12 moCoastal Dunes0.1 mi away · 1 for saleSan Remo (Walton)0.2 mi away · 2 for saleBlue Mountain Estates0.2 mi away · 4 homes, built 1973–21

Browse all neighborhood guides →

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