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 
2103 Hideway Cove Single Family 3,344 B
2105 Hideaway Cove Single Family 3,022 B
2102 Hideaway Cove Single Family 2,120 B
2106 Olde Towne Ave Single Family 1,777 B
2097 Olde Towne Ave Single Family 5,539 B
Trust Company As Trustee Miscellaneous Residential (migrant camp or boarding home.) 0 L
2107 Olde Towne Ave Single Family 4,896 B
2101 Hideaway Cove Single Family 2,876 B
2096 Olde Towne Ave Single Family 1,982 B
2100 Hideaway Cove Single Family 2,899 B
2108 Olde Towne Ave Single Family 3,323 B
2095 Olde Towne Ave Vacant Residential 0 L
2094 Tradewinds Cove Single Family 2,959 B
1424 Baytowne Cir E Single Family 2,439 A
2109 Olde Towne Ave Single Family 1,630 B
1425 Baytowne Cir E Single Family 3,411 A
2093 Tradewinds Cove Single Family 3,006 A
1426 Baytowne Ave E Single Family 2,398 A
2110 Olde Towne Ave Single Family 2,931 B
2090 Olde Towne Ave Single Family 3,274 B
2088 Olde Towne Ave Single Family 3,170 B
2091 Tradewinds Cove Single Family 3,312 B
1423 Baytowne Ave E Vacant Residential 0 L
2089 Olde Towne Ave Single Family 2,814 B
1427 Baytowne Cir E Single Family 3,588 A
2092 Tradewinds Cove Single Family 3,413 B
2087 Olde Towne Ave Vacant Residential 0 L
2113 Clipper Cove Single Family 2,422 B
2111 Olde Towne Ave Single Family 1,804 B
Crystal Cove Ln 401 Condominium 0 L
Crystal Cove Ln 403 Condominium 0 L
Crystal Cove Ln 406 Condominium 0 L
Crystal Cove Ln 501 Condominium 0 L
Crystal Cove Ln 502 Condominium 0 L
Crystal Cove Ln 505 Condominium 0 L

Local Household Income

The median household income in this part of Florida is $50,843. The bottom 10% of the population earn less than $15,071 per year. The top 10% earn more than $118,419 per year. The top 1% earn more than $409,192 per year. Most renters earn between $20,136 (20th percentile) and $39,888 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $101,686 and $127,108.

The tax assessed value of this property places it in percentile 90 of all properties in this area. This suggests it would appeal to someone earning around $118,419 per year who should qualify for a mortgage between $236,838 and $296,048.

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 $744. Most renters earn between $1,678 and $3,324 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $486 (20th percentile) to $1,034 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 90 of all properties in this area. This corresponds to a rent of $1,241 per month and a monthly household income of $3,947 ($47,364 per year)

Nearby Companies

Navkar & Navkar, Inc.
1420 Baytowne Circle East
Compendis LLC
2097 Olde Towne Ave
Compass Realty Of Florida, LLC
2092 Tradewinds Cv
Disclaimers and Disclosures

Public Records Data

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