PARADISE COVE in Santa Rosa Beach

PARADISE COVE
Homes for Sale in Santa Rosa Beach, FL

Community in Santa Rosa Beach · Walton County · ZIP 32459
55 homesBuilt 2015–2019
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Photo via emeraldcoast

Built fromLive emeraldcoast data10 years of closingsFL DOR public recordsUpdated twice daily
Live · PARADISE COVE Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
14%
Under contract
6 · 1
For sale · pending
live counts, refreshed twice daily
2
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
73%
Owner-occupied · PARADISE COVE
40 of 55 parcels homesteaded (FL DOR 2025)
27%
Non-owner-occupied · PARADISE COVE
incl. 7% trust or LLC-held · 11% out-of-state
0%
Cash buyers · PARADISE COVE
0 of 4 sales, 12 mo ending July 2024
55
Homes in the community
55 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 2015
Community established
homes built 2015-2019, median 2017 (FL DOR 2025)
3.6%/yr
Turnover rate
about 2 of 55 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Paradise Cove is a small, newer pocket in Santa Rosa Beach — 55 homes built in a tight window between 2015 and 2019, with a median build year of 2017. What sets price here isn't age or floor plan variety; it's condition, finish level, and how a given home shows against a limited pool. With just 6 active listings, a single well-kept or well-priced home can reset expectations quickly.

The posture right now is thin on both sides. Six homes on the market against a 55-home community is not a lot of choice, and closings have been sparse in the recent window. Buyers should expect to move deliberately when the right home surfaces; sellers benefit from scarcity but still have to price to condition, because there's no deep comp set to hide behind.

Best for

  • Buyers wanting a newer, larger home in Santa Rosa Beach and willing to wait for the right listing
  • Primary-residence buyers who value a stable, mostly owner-occupied community
  • Buyers who prioritize move-in-ready condition over fixer upside

Probably not for

  • Buyers who need resort-style shared amenities on site
  • Bargain hunters counting on a deep inventory to drive competing offers
  • Buyers seeking older character homes or a broad spread of price points and sizes

Homes For Sale Right Now in PARADISE COVE

Live MLS inventory for PARADISE COVE. 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 PARADISE COVE listings as of 2026-07-25, 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.

Listing locations from emeraldcoast. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Walton County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Dune Lakes · Elementary
  • Emerald Coast · Middle
  • South Walton · High

Zoned schools reflect the assignments reported on recent PARADISE COVE 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 PARADISE COVE address.

If we were buying in PARADISE COVE 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 PARADISE COVE.

Best Buy
Buyers who want a newer home in Santa Rosa Beach without wading through decades of build quality.
Biggest Risk
Thin inventory and sparse recent closings mean fewer comps and less room to negotiate on scarcity.
Sweet Spot
A well-maintained home near the 2017 median build year with finishes that justify its ask.
Avoid If
You need community amenities or a wide range of sizes and eras to choose from.

A small, newer pool

The defining trait of Paradise Cove is uniformity. Every home dates from a five-year construction span, and the median living area sits near 2,856 square feet — meaning most homes are substantial and broadly comparable in vintage. That works in a buyer's favor for predictability: you're evaluating condition and upgrades, not gambling on a decades-old system.

Roughly 73% of homes here are homestead — an ownership pattern that leans toward primary residence rather than pure rental turnover. Combined with only 6 active listings, that tends to keep supply measured. No community amenities surfaced in current MLS listings, so value here rests on the homes themselves and the Santa Rosa Beach location rather than on shared facilities.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a 55-home community with few active listings and thin recent closings, pricing and timing turn on a handful of comparables — and knowing which of those actually reflect condition. We track this pocket closely and will tell you when a listing is priced to its finish level and when it isn't, whether you're buying or selling.

PARADISE COVE in 15 seconds.

Best forBuyers who want a newer home in Santa Rosa Beach without wading through decades of build quality.
Biggest advantageA uniform vintage and larger median footprint make homes easy to compare on condition.
Biggest riskThin inventory and sparse recent closings mean fewer comps and less room to negotiate on scarcity.
Sweet spotA well-maintained home near the 2017 median build year with finishes that justify its ask.
Avoid ifYou need community amenities or a wide range of sizes and eras to choose from.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 PARADISE COVE sales matched to your home.

What is your PARADISE COVE home worth?

Get a no-obligation home value based on real comparable sales in PARADISE COVE, 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 homes for sale in PARADISE COVE on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in PARADISE COVE?
The Florida DOR 2025 assessment roll shows 55 homes in PARADISE COVE (public records).
What share of PARADISE COVE is owner-occupied?
73% of PARADISE COVE parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in PARADISE COVE built?
Homes in PARADISE COVE were built between 2015 and 2019, with a median year built of 2017.0 (FL DOR 2025 roll).
Do cash buyers compete in PARADISE COVE?
Cash buyers took 0% of PARADISE COVE sales in the 12 months ending July 2024 (0 of 4 closings, emeraldcoast).
Who is the best real estate agent for PARADISE COVE?
The best agent for PARADISE COVE 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 PARADISE COVE.
How do I find a top Santa Rosa Beach real estate agent who knows PARADISE COVE?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows PARADISE COVE and the wider Santa Rosa Beach area.
Can Momentum Realty connect me with an agent for PARADISE COVE?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your PARADISE COVE purchase or sale - no call center and no pressure.
Buyers wanting a newer, larger home in Santa Rosa Beach and willing to wait for the right listingExcellent fit
Primary-residence buyers who value a stable, mostly owner-occupied communityExcellent fit
Buyers who prioritize move-in-ready condition over fixer upsideExcellent fit
Buyers who need resort-style shared amenities on siteProbably not
Bargain hunters counting on a deep inventory to drive competing offersProbably not
Buyers seeking older character homes or a broad spread of price points and sizesProbably not

Nearby Communities

Explore more neighborhoods near PARADISE COVE with Momentum Realty’s local guides.

WOWatersound Origins Santa Rosa BeachSanta Rosa Beach, FL · 8.2 miLMLatitude Margaritaville Watersound Panama City BeachSanta Rosa Beach, FL · 12.6 miBPBreakfast Point East Panama City BeachSanta Rosa Beach, FL · 15.1 miDMDeer Moss Creek NicevilleSanta Rosa Beach, FL · 22.3 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsemeraldcoast, refreshed twice daily (last: July 25, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32459))
Historical depthClosed-sale records back to 2016 (61 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 emeraldcoast 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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.

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