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 
51 Rue St Tropez Single Family 2,871 A
Association Inc Vacant Residential 0 L
59 Rue St Tropez Single Family 3,173 A
48 Rue St Tropez Single Family 2,344 A
63 Rue St Tropez Single Family 3,205 A
36 Rue St Tropez Single Family 3,267 A
34990 Emerald Coast Parkway Vacant Residential 0 L
58 Rue St Tropez Single Family 3,267 A
226 Rue St Tropez Single Family 2,939 A
229 Rue St Tropez Single Family 2,555 A
86 Rue St Tropez Single Family 2,324 A
212 Rue St Tropez Single Family 2,448 A
227 Rue Saint Tropez Single Family 2,895 A
50 Monaco St 105 Condominium 0 L
50 Monaco St 104 Condominium 0 L
50 Monaco St 106 Condominium 0 L
96 Rue St Tropez Single Family 2,365 A
50 Monaco St 103 Condominium 0 L
50 Monaco St 107 Condominium 0 L
50 Monaco St 102 Condominium 0 L
50 Monaco St 108 Condominium 0 L
50 Monaco St 101 Condominium 0 L
204 Rue St Tropez Single Family 3,278 A
50 Monaco St 109 Condominium 0 L
50 Monaco St 114 Condominium 0 L
215 Rue St Tropez Single Family 3,905 A
50 Monaco St 115 Condominium 0 L
50 Monaco St 113 Condominium 0 L
50 Monaco St 116 Condominium 0 L
50 Monaco St 112 Condominium 0 L
50 Monaco St 117 Condominium 0 L
50 Monaco St 111 Condominium 0 L
225 Rue St Tropez Single Family 3,905 A
50 Monaco St 201 Condominium 0 L
50 Monaco St 110 Condominium 0 L
50 Monaco St 206 Condominium 0 L
50 Monaco St 205 Condominium 0 L
50 Monaco St 207 Condominium 0 L
50 Monaco St 204 Condominium 0 L
50 Monaco St 208 Condominium 0 L
132 Rue St Tropez Single Family 3,267 A
50 Monaco St 203 Condominium 0 L
50 Monaco St 209 Condominium 0 L
142 Rue St Tropez Single Family 2,447 A
124 Rue St Tropez Single Family 2,863 A
198 Rue St Tropez Single Family 2,884 A
195 Rue St Topez Single Family 3,173 A
50 Monaco St 202 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 93 of all properties in this area. This suggests it would appeal to someone earning around $138,873 per year who should qualify for a mortgage between $277,746 and $347,183.

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 93 of all properties in this area. This corresponds to a rent of $1,438 per month and a monthly household income of $4,842 ($58,104 per year)

Nearby Companies

Villa Tuscana, LLC
229 Rue St Tropez
Lch Investments, L.L.C.
100 Monaco St
Disclaimers and Disclosures

Public Records Data

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