Paradise Retreat
Homes for Sale in Miramar Beach, FL
All 639 homes for sale in Miramar Beach, FL · median $659,000 · 648 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 November 2026, Paradise Retreat in Miramar Beach, FL has 4 homes for sale. Over the 12 months ending 2026-11-09, 3 recorded sales closed at a median of $842,000, a median 202 days on market, sellers accepting 91% of original asking. Homes listed or recently sold were built 2004–2004; 11 of 11 report an HOA (median $113/mo); none of the 11 geocoded homes sit in a FEMA special flood hazard zone (median elevation 21 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $8,220 ($7,830 with the full homestead exemption).
Last 30 days in Paradise Retreat: 1 under contract right now, 1 closed sale (median $860,500). As of November 11, 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.
Homes For Sale Right Now in Paradise Retreat
Live MLS inventory for Paradise Retreat. 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 · 132 daysTop listingActive · 54 days
Active · 219 days
Pending · 104 daysActive and pending Paradise Retreat listings as of 2026-11-11, 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.
Paradise Retreat is a small, uniform pocket in Miramar Beach: roughly 120 homes, all built in 2004, with a median footprint just over 2,100 square feet. When every home shares the same vintage and a similar size, price is driven less by the floor plan and more by condition, finishes, and how a given home is positioned for the rental market. The median sits at $945,000, and the spread within that number comes down to updates and turnkey readiness more than square footage.
The posture right now is measured, not frenzied. A market heat score of 42 with a median 41 days on market says homes are moving but buyers have time to think. Six active listings against seven recent closings is a thin, balanced inventory picture — enough to negotiate, not enough to stall. Sellers should price to condition and not assume the double-digit year-over-year move carries every home; buyers should underwrite the specific property rather than the neighborhood average.
Figures in this note are as of July 25, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Paradise Retreat right now
🟢 Buyer-leaning market. 6.9 months of supply and 20% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of November 9, 2026. Confidence: Medium (5 active and pending listings, 3 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 12, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Paradise Retreat market snapshot (as of November 9, 2026): the median sale price is about $842K, a median 202 days on market for closed sales, and 6.9 months of supply, a buyer-leaning market.
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.
County records show 9 qualified sales in PARADISE RETREAT across 2024–2025 (5 in 2024, 4 in 2025), median $850,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Paradise Retreat is a community of 120 homes in Miramar Beach, Walton County, built between 2004 and 2004 (median 2004), with a median living area of about 2,178 square feet. 33% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
A compact Walton County enclave of same-era 2004 homes near the Miramar Beach coast, where the numbers are steadier than the headline appreciation suggests and pricing hinges on how a specific home shows.
The setting & the homes.
Aerial and on-site photos of Paradise Retreat. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Paradise RetreatPhotos from Emerald Coast MLS listings in Paradise Retreat; content deemed reliable but not guaranteed.
Who Paradise Retreat is best for.
Best for
- Buyers targeting the high-six to low-seven-figure Miramar Beach range who value a predictable, single-era product
- Second-home or rental-minded buyers who want proximity to the coast and are comfortable underwriting a property on its rental potential
- Renovation-tolerant buyers willing to buy a dated 2004 home and add value through updates
Probably not for
- Buyers who require resort-style shared amenities as a condition of the purchase
- Buyers set on new construction or a wide variety of floor plans and vintages
- Buyers who want a fast, no-negotiation close, given a market that currently runs around 41 days on market
Paradise Retreat on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap contributors.
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 Paradise Retreat 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 Retreat address.
Shop the zone: Homes zoned for South Walton High School · Homes zoned for Destin High School
The Paradise Retreat buying strategy.
If we were buying in Paradise Retreat 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Paradise Retreat.
A single-vintage pocket where condition writes the check
Uniformity is the story here. With the entire community built in 2004 and a median living area around 2,178 square feet, buyers are largely comparing like to like, and that makes condition the deciding variable. A renovated, well-maintained home and a dated one can carry very different price tags off the same bones, so it pays to walk several before anchoring on the median. No community amenities surface in the current MLS data, which means the value proposition rests on the homes themselves and the Miramar Beach location rather than shared facilities.
The ownership pattern is worth noting: only about a third of homes here carry a homestead exemption, which points to meaningful second-home and rental use. That has real implications — turnover, upkeep standards, and how quickly a home trades can all differ from an owner-occupied street. Long-run appreciation has been strong, up 250% since 2012 and 10.2% over the past year, but those are neighborhood figures; the individual home still has to justify its price on its own condition and rental posture.
The location and the amenities are priced into every listing in Paradise Retreat. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Paradise Retreat buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (3.5). Basis: Liquidity & Demand 6.9 months of supply; Owner Commitment 33% owner-occupied; Pricing Power 91.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a single-vintage community where condition and rental positioning move the price far more than square footage, the edge is knowing which recent sale is a fair comp and which is an outlier. We underwrite the specific home — its updates, its exemption status, its readiness to perform — instead of leaning on the neighborhood median, and we tell you plainly when a listing is priced ahead of its condition.
Paradise Retreat in 15 seconds.
Tools for a Paradise Retreat 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 Paradise Retreat sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Paradise Retreat, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Paradise Retreat home worth?
Get a no-obligation home value based on real comparable sales in Paradise Retreat, 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 PARADISE RETREAT
Homes in PARADISE RETREAT 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. 6 on record.
- 158 Sandy Cay Drive · off market
- 276 Sandy Cay Drive · off market
- 307 Sandy Cay Drive · off market
- 365 Sandy Cay Drive · off market
- 55 Secret Harbor Drive · off market
- 59 Marigot Bay Circle · off market
| Location | Miramar Beach, Walton County, FL · ZIP 32550 |
|---|---|
| Homes in the community | 120 (FL DOR 2025 assessment roll) |
| Years built | 2004–2004 (median 2004) |
| Typical living area | 2,178 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Beach, Deed Access, Gated, Short Term Rental - Allowed, Pets Allowed, TV Cable |
| Sale prices, last 12 months | $842,000 median across 3 closed sales |
| Days on market (closed sales) | 202 median |
| For sale right now | 4 active, 1 pending · median asking $880,000 · 6.9 months of supply |
| Owner-occupied (homestead) share | 33% |
Data as of November 9, 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, “Paradise Retreat key facts,” movewithmomentum.com/neighborhoods/paradise-retreat, data as of November 9, 2026.
Housing distress & ownership in PARADISE RETREAT, 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.
Just listed in Paradise Retreat
The newest homes for sale in Paradise Retreat right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 405 Sandy Cay Drive $915,000 · 4 bd · 2 ba · listed Sep 19, 2026 Courtesy of Gulf Life Real Estate Inc
- 423 Sandy Cay Drive $950,000 · 4 bd · 2 ba · listed Jul 3, 2026 Courtesy of Realty ONE Group Emerald Coast
- 475 Sandy Cay Drive $785,000 · 4 bd · 2 ba · listed Apr 7, 2026 Courtesy of Realty ONE Group Emerald Coast
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Paradise Retreat Right Now (4)
All 4 active and pending Paradise Retreat listings with a detail page, newest first, refreshed twice a day from the MLS.
- 405 Sandy Cay Drive · $915,000 · 4 bd / 2 ba · listed Sep 18, 2026 · listed by Gulf Life Real Estate Inc
- 423 Sandy Cay Drive · $950,000 · 4 bd / 2 ba · listed Aug 13, 2026 · listed by Realty ONE Group Emerald Coast
- 475 Sandy Cay Drive · $785,000 · 4 bd / 2 ba · listed Aug 13, 2026 · listed by Realty ONE Group Emerald Coast
- 440 Sandy Cay Drive · $895,000 · 3 bd / 2 ba · pending · listed Aug 13, 2026 · listed by RE/MAX by the Sea
Recently sold in Paradise Retreat
- 365 Sandy Cay Drive · sold $860,500
- 59 Marigot Bay Circle · sold $732,500
- 276 Sandy Cay Drive · sold $842,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More Miramar Beach home searches
- All homes for sale in Miramar Beach, FL
- Homes for sale in Walton County, FL
- Miramar Beach pool homes for sale
- Miramar Beach home values: what is my house worth?
Miramar Beach guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Property taxes (Walton County)
- Homestead exemption (Walton County)
- Home insurance cost
- New construction
- New construction (Walton County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Sandy Cay Drive (53 homes on record)
- Sandy Cay Drive (2 homes on record)
What it really costs to own in Paradise Retreat
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $5,385/yr across 5 listings here (MLS tax records, 2026-11-12). |
|---|---|
| HOA dues | Median $1,360/year (about $113/month) across 7 MLS listings (most billed annually; 2026-11-12). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Walton County is $1,942/yr (433 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2004 across 7 listings. An original roof here would be about 22 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Estimated carrying cost at the median asking price, before the mortgage: about $724/month (tax $449, HOA $113, insurance $162). An estimate from the sources above, not a quote.
Email me new listings in Paradise Retreat
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Paradise Retreat
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Paradise Retreat will answer, and the answer is published on this page for the next buyer.
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 (2026-11-12).
PARADISE RETREAT Market Scorecard
PARADISE RETREAT is currently a balanced market. About 5.1 months of supply, a median asking price of $915,000, and homes go under contract in about 132 days.
Typical home value in the 32550 ZIP is $655,269, about 35.9% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
What is the median home price in Paradise Retreat?
How long do homes in Paradise Retreat take to sell?
Is Paradise Retreat a buyer's or seller's market right now?
How many homes are in Paradise Retreat?
What share of Paradise Retreat is owner-occupied?
When were the homes in Paradise Retreat built?
Who is the best real estate agent for Paradise Retreat?
How do I find a top Miramar Beach real estate agent who knows Paradise Retreat?
Can Momentum Realty connect me with an agent for Paradise Retreat?
Where is Paradise Retreat, and what county is it in?
Should you buy in Paradise Retreat?
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: November 11, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending November 9, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (3 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.
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