The Villas of Frangista
Homes for Sale in Miramar Beach, FL
All 639 homes for sale in Miramar Beach, FL · median $659,000 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
The Villas of Frangista is a community in Miramar Beach, Walton County, FL. Across Miramar Beach as a whole, 719 homes closed in the last 12 months at a median of $705,000, 97 median days on market, with 645 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $6,880 ($6,490 with the full homestead exemption).
The Villas of Frangista is a small villa community in Miramar Beach, and with no median price or listing volume in this snapshot, the honest read is that pricing here is driven by what actually comes to market — condition, floor plan, and how close a given unit sits to the Gulf side of Scenic Gulf Drive. In a pocket this size, one or two active listings can define the whole picture, so buyers should weight the specific unit far more heavily than any community-wide average.
The current posture is thin-inventory: when little trades, both sides have less to negotiate against. Sellers benefit from scarcity but lose the leverage of recent comparable sales; buyers should expect to underwrite each villa on its own merits rather than on neighborhood momentum. If you want a data-rich, high-turnover market, this is not it — this is a place you buy on the property itself.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside The Villas of Frangista right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
The Villas of Frangista is a compact villa enclave in Miramar Beach, Walton County, in the heart of the Scenic Gulf Drive corridor. It reads as a location-and-condition play rather than an amenity play — no community amenities surface in the current MLS listings.
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 The Villas of Frangista is best for.
Best for
- Buyers targeting a low-maintenance Miramar Beach villa as a second home or seasonal base
- Buyers focused on location and condition rather than a shared amenity package
- Buyers comfortable underwriting a single property in a low-turnover market
Probably not for
- Buyers who want on-site amenities like a community pool or fitness center
- Buyers who rely on abundant recent comparable sales to set an offer
- Buyers seeking a large-scale, high-turnover resort development
The market around The Villas of Frangista
The Villas of Frangista is too small for its own price trend, so here is the market around it.
Across Walton County, 2,879 homes are active and 587 pending (17% under contract).
ZIP and county figures describe the wider market, not The Villas of Frangista specifically. Momentum Research analysis of MLS records.
The The Villas of Frangista buying strategy.
If we were buying in The Villas of Frangista 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 The Villas of Frangista.
A location buy, not an amenity buy
What you are buying here is the Miramar Beach address and the villa itself. Current listings identify no community amenities — no pool, gym, or shared package shows up in the feed — so value concentrates in the unit and its proximity to the beach and the Scenic Gulf Drive corridor. That makes condition, interior updates, and outdoor space the levers that move price.
Because the community is small and turnover is limited, comparables are scarce and each sale carries outsized weight. Treat this as a market to evaluate one property at a time. A well-updated villa in the right spot can command a premium; a dated one will need to be priced honestly against a shallow pool of recent activity.
The location and the amenities are priced into every listing in The Villas of Frangista. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Thin, small-community markets reward local reading over spreadsheet math. We track what actually lists and closes along the Scenic Gulf Drive corridor, so we can help you price or underwrite a single villa when there aren't enough comparables to lean on. We will also tell you plainly when a unit's condition or location doesn't justify the ask.
The Villas of Frangista in 15 seconds.
Tools for a The Villas of Frangista 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 The Villas of Frangista sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Villas of Frangista, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your The Villas of Frangista home worth?
Get a no-obligation home value based on real comparable sales in The Villas of Frangista, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Should you buy in The Villas of Frangista?
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 9, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
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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