Southwinds
Condos for Sale in Miramar Beach, FL
All 677 homes for sale in Miramar Beach, FL · median $652,500 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, Southwinds I in Miramar Beach, FL has 3 homes for sale. Homes listed or recently sold were built 1995–1995; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 13 ft).
Homes For Sale Right Now in Southwinds
Live MLS inventory for Southwinds. 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 · 534 daysTop listing
Active · 213 days
Active · 83 daysActive and pending Southwinds listings as of 2026-09-28, 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 Southwinds I Right Now (3)
All 3 active and pending Southwinds I listings with a detail page, newest first, refreshed twice a day from the MLS.
- 4401 Southwinds Drive #4401 · $1,599,000 · 2 bd / 2.5 ba · listed Jun 29, 2026 · listed by Watersound Real Estate
- 4429 Southwinds Drive #4429 · $1,800,000 · 3 bd / 3 ba · listed Jun 27, 2026 · listed by Scenic Sotheby's International Realty
- 4402 Southwinds Drive #4402 · $1,995,000 · 3 bd / 3 ba · listed Jun 27, 2026 · listed by Watersound Real Estate

Southwinds I is a small piece of the Miramar Beach market, and with only 4 active listings as of July 2026, price here is set property by property rather than by any broad market average. Condition, exact location within the community, and how a given seller has priced against the handful of competing homes matter more than any headline number.
For a buyer, thin inventory means less to compare and less leverage from 'the comps down the street' — you are often negotiating against a single seller's expectations. For a seller, a short list of alternatives can work in your favor, but only if your home shows well and is priced against what is actually standing next to it right now.
Southwinds right now
🟢 Buyer-leaning market. 36.0 months of supply and 0% 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 September 20, 2026. Confidence: Low (3 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 28, 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
Southwinds I is a compact community in Miramar Beach, Walton County, on the Emerald Coast. With just a few homes on the market at any given time, it trades as a small, condition-driven pocket rather than a high-volume neighborhood.
Emerald Coast MLS sales records identify 39 homes in SOUTHWINDS that have changed hands since 2004, built between 1995 and 2000 (median 1997), with a median living area of about 2,056 sq ft and a typical 3-bedroom, 3-bath layout; 100% are condominiums. 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.
The setting & the homes.
Aerial and on-site photos of Southwinds. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Emerald Coast MLS listings in Southwinds; content deemed reliable but not guaranteed.
Who Southwinds is best for.
Best for
- Buyers targeting a specific Miramar Beach location who can move when the right home appears
- Buyers who judge a property on its own condition and finishes rather than on a long comp list
- Sellers of a well-kept home who want to price into a short field of competitors
Probably not for
- Buyers who need many options on the market at once before committing
- Buyers looking for a community built around shared amenities
- Buyers who want the pricing comfort of a high-volume, heavily-traded neighborhood
The market around Southwinds
Southwinds is too small for its own price trend, so here is the market around it.
In ZIP 32541, 720 homes are on the market and 13% 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 32541 (Miramar Beach), 790 homes closed in the last 12 months at a median of $730K ($199/sq ft), down 1.9% year over year, with a median 96 days on market. Right now 488 active and 65 pending listings put supply at about 9.0 months — a soft market. See the live ZIP 32541 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Southwinds specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in SOUTHWINDS I, 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.
Southwinds 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, tiles © CARTO.
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 Southwinds 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 Southwinds address.
Shop the zone: Homes zoned for South Walton High School · Homes zoned for Destin High School
The Southwinds buying strategy.
If we were buying in Southwinds 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 Southwinds.
A thin, condition-driven market
The current MLS snapshot shows no distinct community amenities attached to Southwinds I listings, so the value proposition here is location and the individual home, not a shared package of features. That puts the burden on the property itself — layout, condition, and updates — to justify its number.
Because inventory is limited to a handful of homes, expect a wide spread between listings depending on condition and how each is presented. Treat every listing on its own terms; with so few options, one well-kept home and one that needs work can sit far apart on price for reasons that have nothing to do with the neighborhood.
The location and the amenities are priced into every listing in Southwinds. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this small, the difference between a good buy and an overpay comes down to reading each individual listing correctly, because there is no deep pool of comparable sales to hide behind. We know the Miramar Beach and Walton County market, we track what actually moves here, and we will tell you plainly when a given Southwinds I home is priced right — and when it isn't.
Southwinds 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 Southwinds 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 Southwinds sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Southwinds, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Southwinds home worth?
Get a no-obligation home value based on real comparable sales in Southwinds, 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 SOUTHWINDS I
Homes in SOUTHWINDS I 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. 1 on record.
- 4425 Southwinds Drive #4425 · off market
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
Is Southwinds a buyer's or seller's market right now?
Who is the best real estate agent for Southwinds?
How do I find a top Miramar Beach real estate agent who knows Southwinds?
Can Momentum Realty connect me with an agent for Southwinds?
Where is Southwinds, and what county is it in?
Should you buy in Southwinds?
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 28, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1999 (15 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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how SOUTHWINDS I fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Southwinds with Momentum Realty’s local guides.

