Walton County Real Estate - Miramar Beach

Miramar Beach is in North West Florida. It's population as recorded in the 2010 Census was 6,146. Miramar Beach is approximately 51 miles from Pensacola (population 51,923) and around 44 miles from Panama City (population 36,484).

The median age for residents of Miramar Beach is 52.1. Around 16.1% of Miramar Beach households include school aged children and 37.4% of households include individuals aged 65 years or over. Census records indicate 93.8% of the Miramar Beach population are White, 1.1% are Black or African American, .3% American Indian, 1.7% Asian and 1.5% are Two or more Races.

There are 12,385 housing units in Miramar Beach. 9,383 (75.7%) of these were reported as vacant in the 2010 Census. Miramar Beach is a tourist destination, 75.4% (7,079) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 2,763 residential rental units in Miramar Beach. 929 of them were occupied in 2010 providing a residential rental vacancy rate of 64.2%.

Miramar Beach links:

Walton County

Walton County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Largest industries by employment are leisure & hospitality; trade, transportation, & utility; and education & health services. Major private sector employers for Walton County are Sandestin Golf and Beach Resort, Sacred Heart on the Emerald Coast, ResortQuest, and Hilton Sandestin Beach Golf Resort & Spa. Top public sector employers include Walton County School Board and Walton County Government. Cities and towns in Walton County include DeFuniak Springs, Freeport, and Paxton.

Neighboring Properties

AddressTypeSq FtClass 
36 Tranquility Ln Single Family 6,060 B
48 Tranquility Ln Single Family 4,281 A
43 Tranquility Ln Single Family 0 B
32 Tranquility Ln Single Family 2,957 B
4806 Ocean Blvd Single Family 4,758 A
4804 Ocean Blvd Single Family 2,534 B
4802 Ocean Blvd Single Family 3,822 A
51 Tranquility Ln Single Family 3,108 B
52 Tranquility Ln Single Family 5,173 A
35 Tranquility Ln Single Family 3,228 B
4796 Ocean Blvd Single Family 3,339 A
4812 Ocean Blvd Single Family 3,499 A
28 Tranquility Ln Single Family 3,543 B
4794 Ocean Blvd Single Family 2,502 A
4751 Bonaire Cay Single Family 3,792 B
4753 Bonaire Cay Single Family 2,776 A
4814 Ocean Blvd Single Family 3,272 B
4755 Bonaire Cay Single Family 2,059 B
4792 Ocean Blvd Single Family 2,627 B
56 Tranquility Ln Single Family 5,152 B
55 Tranquility Ln Single Family 4,256 B
4799 Ocean Blvd Single Family 2,416 A
4757 Bonaire Cay Single Family 2,117 B
4816 Ocean Blvd Single Family 0 A
4797 Ocean Blvd Single Family 2,425 B
4759 Bonaire Cay Single Family 2,059 B
4817 Bonaire Cay Single Family 2,569 B
Ocean Blvd Vacant Residential 0 L
4818 Ocean Blvd Single Family 3,500 A
4790 Ocean Blvd Single Family 5,739 A
29 Tranquility Ln Single Family 2,914 B
36 Calypso Cay Single Family 3,544 B
4793 Ocean Blvd Single Family 2,184 A
4724 Serendipity Pt Single Family 3,869 A
4761 Bonaire Cay Single Family 2,653 B
59 Tranquility Ln Single Family 4,355 B
4820 Ocean Blvd Single Family 3,158 A
4815 Ocean Blvd Single Family 2,072 B
4791 Caicos Cay Single Family 3,675 B
34 Calypso Cay Single Family 4,297 A
4815 Bonaire Cay Single Family 1,972 B
4817 Ocean Blvd Single Family 2,357 B
27 Tranquility Ln Single Family 2,797 B
4786 Ocean Blvd Single Family 5,860 A
4822 Ocean Blvd Single Family 2,854 A
31 Calypso Cay Single Family 3,687 B
4752 Bonaire Cay Single Family 2,422 B
4750 Bonaire Cay Single Family 2,386 B
4726 Serendipity Pt Single Family 4,192 A

Local Household Income

The median household income in this part of Florida is $68,549. The bottom 10% of the population earn less than $21,092 per year. The top 10% earn more than $162,114 per year. The top 1% earn more than $423,170 per year. Most renters earn between $33,396 (20th percentile) and $58,956 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,098 and $171,373.

The tax assessed value of this property places it in percentile 98 of all properties in this area. This suggests it would appeal to someone earning around $346,493 per year who should qualify for a mortgage between $692,986 and $866,233.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,020. Most renters earn between $2,783 and $4,913 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $744 (20th percentile) to $1,362 (80th percentile) range. The residential vacancy rate is 12%.

This property falls in percentile 98 of all properties in this area. This corresponds to a rent of $2,368 per month and a monthly household income of $8,727 ($104,724 per year)

Nearby Companies

Gbn Holdings Florida LLC
4726 Serendipity Pt
Bailey Lauren Photography, LLC
25 Tranquility Ln
Robey Industries, LLC
4815 Bonaire Cay
Durkin Consulting LLC
4752 Bonaire Cay
Gulfview 314 LLC
4752 Bonaire Cay
Ecjg Tour, LLC
31 Calypso Cay
Destin Sea Star, LLC
37 Conch Cay
Tilley Destinations, LLC
20 St Barts Bay
Vic'S Of Navarre, LLC
44 Tranquility Ln
Disclaimers and Disclosures

Public Records Data

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