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 
1346 Driftwood Point Rd Single Family 3,408 B
1364 Driftwood Point Rd Single Family 2,554 B
214 Loblolly Bay Dr Single Family 1,998 B
224 Loblolly Bay Dr Single Family 2,649 B
202 Loblolly Bay Dr Single Family 2,495 B
234 Loblolly Bay Dr Single Family 2,490 B
192 Loblolly Bay Dr Single Family 2,302 B
246 Loblolly Bay Dr Single Family 2,409 B
182 Loblolly Bay Dr Single Family 2,647 B
258 Loblolly Bay Dr Single Family 2,772 B
170 Loblolly Bay Dr Single Family 2,490 B
268 Loblolly Bay Dr Single Family 2,646 B
162 Loblolly Bay Dr Single Family 2,647 B
12 Red Maple Ct Single Family 2,409 B
282 Loblolly Bay Dr Single Family 2,649 B
1400 Driftwood Point Rd Single Family 3,248 B
150 Loblolly Bay Dr Single Family 2,762 B
1341 Driftwood Point Rd Miscellaneous Residential (migrant camp or boarding home.) 0 L
185 Loblolly Bay Dr Single Family 2,409 B
233 Loblolly Bay Dr Single Family 2,302 B
243 Loblolly Bay Dr Single Family 3,000 B
22 Red Maple Ct Single Family 2,490 B
253 Loblolly Dr Single Family 2,646 B
175 Loblolly Bay Dr Single Family 2,646 B
138 Loblolly Bay Dr Single Family 2,647 B
263 Loblolly Bay Dr Single Family 2,415 B
163 Loblolly Bay Dr Single Family 2,762 B

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 69 of all properties in this area. This suggests it would appeal to someone earning around $68,818 per year who should qualify for a mortgage between $137,636 and $172,045.

Annual Income Distribution - All Households (Brown), Renters (Blue)
0
10
20
30
40
50
60
70
80
90
100
$0
$22,144
$44,287
$66,431
$88,574
$68,818

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 69 of all properties in this area. This corresponds to a rent of $904 per month and a monthly household income of $2,873 ($34,476 per year)

Rent Range - Gross Monthly Income (Blue), Gross Rent (Green)
0
10
20
30
40
50
60
70
80
90
100
$109
$2,367
$4,625
$6,883
$9,141
$2,873
$904

Nearby Companies

Cleaning Services & Painting, LLC
246 Loblolly Bay Dr
Video Tech Leasing LLC
162 Loblolly Bay Dr
High Tide Pools, LLC
1364 Driftwood Point Rd
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.

BESbswy