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Destin · Neighborhood

Emerald Shores Homes for Sale

Emerald Shores is a Walton County plat of single-family houses on twelve gemstone-named coves in Miramar Beach. Every parcel carries the 32550 postal code, and most of the houses went up between 1993 and 1996, with heated area from about 1,475 to 3,760 square feet on homesites mostly under a tenth of an acre. The recorded declaration of Emerald Shores of South Walton is the document that matters early: the state cadastral shows shared ground in the plat but says nothing about what it holds or whether the plat has any rights to the shoreline.

Updated

  • Short-Term Rental Eligible

Short-term rentals: allowed. Confirm the current minimum stay and registration with the association.

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Living in Emerald Shores

Emerald Shores is a Walton County place, and the public records leave no room to argue about it. Florida's 2025 statewide cadastral files this plat under Walton County throughout, with a Miramar Beach physical city and the 32550 postal code on every parcel in it, while Okaloosa County's own subdivision and parcel layers return nothing at all for the name. A buyer's title work, permits and tax bills will therefore be Walton County paperwork. The plat itself is a compact one, organized around twelve short coves named for stones: Topaz, Aquamarine, Amber, Jade, Pearl, Black Coral, Ruby, Onyx, Opal, Sapphire, Garnet and Diamond. Nearly every parcel carries the single-family use code, and the building dates cluster hard: sixty-seven houses were finished between 1993 and 1996, with a thinner tail of construction running to 2003, so most of the streetscape is one generation with later fill-in rather than a long staged buildout. Heated area on the recorded houses runs from roughly 1,475 to 3,760 square feet with the middle near 2,080, and recorded homesites start near 3,100 square feet, with most under a tenth of an acre, which accounts for how closely the houses stand. Several parcels inside the plat are coded as residential common area, and one of them is substantially larger than a house lot. What that common ground carries, and whether the plat holds any recorded rights to the shoreline, is set by a declaration we could not obtain from a public source, and none of the public records describes either one.

Sale and listing trends for the twelve gemstone coves are on the Emerald Shores market page. Because the address markets as Destin, the plat is filed among other Destin neighborhood guides and next to Destin homes for sale, even though title work, permits and tax bills on these coves stay with Walton County.

HOA & Fees

What is the HOA fee at Emerald Shores?

As of November 11, 2026, Emerald Shores homes for sale that report a fee on the MLS list these HOA fees:

  • Single-family homes: $511 to $549 a month, median $511 (5 listings)

Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges.

Based on 5 active MLS listings that report an HOA fee. Fees billed quarterly, twice a year or yearly are shown as a monthly equivalent.

  • Twelve short gemstone-named coves
  • Detached houses on compact recorded lots
  • Recorded residential common area inside the plat
  • Miramar Beach address in Walton County

Live Inventory

Homes for Sale in Emerald Shores

5

Active Listings

$800K

Median List Price

$445

Avg Price / Sqft

Live from today's Emerald Shores MLS file. This count covers condos, townhomes and single-family homes only, the same dwelling basis the market page uses, so lots and land are left out. The median and $/sq ft beside it cover the same 5 listings.

Price ReducedShort-Term Rental Eligible

$949,800

41 Topaz Cove

Miramar Beach, FL 32550

4 bd 3 ba 2,156 sqft
Short-Term Rental Eligible

$750,000

36 Opal Cove

Miramar Beach, FL 32550

3 bd 2 ba 1,508 sqft
Short-Term Rental Eligible

$799,900

21 Garnet Cove

Miramar Beach, FL 32550

3 bd 2 ba 1,694 sqft
Price ReducedShort-Term Rental Eligible

$785,000

34 Opal Cove

Miramar Beach, FL 32550

3 bd 3 ba 2,072 sqft
Price ReducedShort-Term Rental Eligible

$825,000

15 Pearl Cove

Miramar Beach, FL 32550

3 bd 2.5 ba 1,892 sqft

The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.

Local Answers

Emerald Shores FAQ

How much is the HOA fee at Emerald Shores?

As of November 11, 2026, Emerald Shores homes for sale that report a fee on the MLS list these HOA fees: single-family homes, $511 to $549 a month, median $511 (5 listings). Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges.

Is Emerald Shores in Destin or in Miramar Beach?

The records say Miramar Beach, in Walton County. Florida's statewide cadastral files this plat as Emerald Shores of South Walton, with a Miramar Beach physical city and a 32550 postal code on every parcel in it and no exceptions, and Okaloosa County's subdivision and parcel layers return no match for the name anywhere in the county. Pull records under Walton County.

How old are the houses, and how uniform are they?

Sixty-seven of them were finished between 1993 and 1996, with scattered construction continuing to 2003, so the great majority share one build era. Sizes are not uniform: recorded heated area runs from about 1,475 square feet to roughly 3,760.

Does the subdivision carry recorded rights to the beach?

We could not answer that from any public record we were able to reach. The cadastral shows more than one parcel inside the plat coded as residential common area, including one much larger than a house lot, which establishes that shared ground exists but says nothing about what is on it or about shoreline rights. Those come from the recorded declaration, which a buyer should request in writing during diligence.

Which government registers a rental here?

Walton County, through its short-term vacation rental registration office. Guidance written for the City of Destin's program does not reach this plat, and treating the two as interchangeable is the common mistake with an address that markets as Destin.

How much ground comes with a house on the gemstone coves?

Very little land comes with each house: recorded homesites start near 3,100 square feet and most fall under a tenth of an acre, which is why the houses stand so close together. Several parcels in the plat carry the residential common area code, one far larger than a house lot, but what that ground holds is set by the recorded declaration.

Which flood zone covers a lot on Topaz, Ruby or Diamond Cove?

The statewide cadastral that files these parcels carries no flood determination, so the zone has to come from FEMA's map panel for the exact address. Walton County's floodplain management staff can confirm that reading, and a survey or elevation certificate then shows where the house itself stands.

Explore the Area

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Sources

Emerald Shores Market Analytics

Sale prices, trends, days on market, and inventory - refreshed monthly from MLS data.

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