A neighborhood on Florida’s Emerald Coast has change into a scorching spot for consumers who may in any other case be priced out of Southeast Florida’s hovering housing market.
Sandestin, Florida, described as an “attractive alternative” to close by markets, has seen a notable uptick in exercise, in accordance with The Company, a worldwide actual property brokerage with greater than 130 workplaces throughout 12 nations.
The world inside the Florida Panhandle might not have the identical stage of fame or demand as locations like Miami or Key West, however that works to a purchaser’s benefit by maintaining costs decrease compared.
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The world’s “picturesque landscapes and vibrant community amenities” additionally make it a “compelling option” for these contemplating a transfer to the Sunshine State, in accordance with The Company, which reported that 114 single-family houses and 154 condominiums had been offered in 2024.
A golf course in Sandestin, Florida. (The Company)
The agency projected that “ongoing demand for coastal living and luxury amenities” will possible proceed driving curiosity in Sandestin, too.
The median itemizing worth in Miramar Seashore, which surrounds the Sandestin space, was $626,000 final month, which is lower than half the value of close by Santa Rosa Seashore, in accordance with Realtor.com senior financial analysis analyst Hannah Jones.
Grayton Seashore is positioned inside the Emerald Coast area of Florida. (FOX Enterprise/Tierra Mack)
Jones stated Miramar Seashore has a median itemizing worth per sq. foot of $532, which is greater than $100 much less per sq. foot in comparison with Santa Rosa Seashore.
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A seashore in Sandestin, Florida. (The Company)
Houses within the space usually spend longer in the marketplace as effectively, which additionally performs into the consumers’ profit.
Costs in Miramar Seashore have nonetheless appreciated, climbing 25.5% over the past 5 years, however the enhance has been extra average in comparison with close by areas, in accordance with Jones.
Grayton Seashore is positioned inside the Emerald Coast area of Florida. (FOX Enterprise/Tierra Mack)
For instance, the median itemizing worth in Santa Rosa Seashore has almost doubled over the past 5 years. Itemizing costs jumped from $765,000 in February 2020 to $1.3 million in February 2025.
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Jones cited the house sort combine for the value discrepancy. Sandestin is 70% condos, whereas 75% of Santa Rosa Seashore consists of single-family houses.
Nonetheless, “comparing just single-family homes shows that Miramar is significantly more affordable than nearby Santa Rosa Beach,” Jones stated, including that the February single-family dwelling median itemizing worth in Miramar Seashore was $1.25 million, in comparison with $1.6 million in Santa Rosa Seashore.
