Miramar Beach & Frangista Beach
The sweet spot for new STR investors.
Miramar Beach and Frangista Beach sit between Destin proper and Sandestin, offering shorter sand walks than 30A at meaningfully lower entry prices. Strong year-round vacation demand, healthy ADR growth, and a deep supply of investor-friendly product make this the most accessible entry point on the Emerald Coast.
Best for: First-time STR investors, 1031 buyers seeking yield over prestige
Why investorschoose Miramar Beach.
- 01Walk-to-beach inventory under $1M still exists here
- 02Most condo complexes allow nightly rentals with no minimum stay
- 03Lower HOA assessments than Destin proper or Sandestin resort communities
- 04Silver Sands Premium Outlets and dining anchor year-round demand
- 05Frangista Beach single-family pool homes deliver strong ADR premiums
Product mix
Beachfront condo (1-2BR)
$450K–$950K. Easiest entry. Look at Hidden Dunes, Tops'l, Maravilla.
Townhome (3-4BR)
$650K–$1.2M. Better ADR than condos, modest HOA.
Pool home (4-6BR)
$1.2M–$2.4M. Highest gross revenue, hands-on management.
What to watch for
Insurance premiums rising 15-25% annually post-Hurricane Sally claims era
Some HOAs are tightening rental rules. Always confirm before offer.
Resort fees on certain complexes erode net cash flow
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