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Miramar Beach · Community

TOPS'L Beach & Racquet Resort Homes for Sale

A Gulf-front Miramar Beach resort in Walton County whose one name covers several separately platted communities, anchored by a tennis facility of 12 courts, 10 of them lighted.

Updated

  • Gated
  • Short-Term Rental Eligible

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

Living in TOPS'L Beach & Racquet Resort

TOPS'L Beach & Racquet Resort sits on the Gulf at 9011 Highway 98 West in Miramar Beach, in unincorporated Walton County, near the eastern end of the Miramar Beach shoreline. Topsail Hill Preserve State Park does lie east of here, but not against the property line: the state's boundary record puts the park's western edge roughly 2,380 feet, about 0.45 mile, from the resort's easternmost parcel, and the private, separately platted Four Mile Village occupies the ground in between. The racquet facility is the part of this address that has no close equivalent on the corridor: the county tourism agency counts 12 courts here, 10 of them lighted, alongside a fitness facility, a pool, an on-site restaurant and an on-site spa. Residences are not one product. The county parcel record files this address across separate platted communities: TOPS'L Beach Manor, the Summit and the Tides as multistory condominiums, Tennis Village and Captiva as attached homes, and Sierra Dunes as platted lots. Each carries its own association on top of the resort-level assessment, so two listings sharing this name can differ in almost everything that sets a budget. The county tourism agency tags the property Gulf-front, and the parcel record shows resort land continuing south past the residential buildings toward the shore. The property operates as lodging, and the county tourism agency lists it with 225 guest rooms. That describes the resort, not any one residence. What a specific unit may do is set by its own recorded declaration and by Walton County's registration rules, so read both before assuming anything. The resort is entered from Highway 98 West, the address the county tourism agency carries for the property.

HOA & Fees

What is the HOA fee at TOPS'L Beach & Racquet Resort?

As of November 11, 2026, TOPS'L Beach & Racquet Resort homes for sale that report a fee on the MLS list these HOA fees:

  • Single-family homes: $250 to $697 a month, median $474 (2 listings)
  • Townhomes: $817 to $972 a month, median $911 (3 listings)
  • Condos: $912 to $1,922 a month, median $1,229 (23 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 28 active MLS listings that report an HOA fee. Fees billed quarterly, twice a year or yearly are shown as a monthly equivalent.

  • 12 tennis courts, 10 lighted
  • Fitness facility
  • Gulf-front pool
  • On-site restaurant and spa

Live Inventory

Homes for Sale in TOPS'L Beach & Racquet Resort

29

Active Listings

$659K

Median List Price

$539

Avg Price / Sqft

Live from today's TOPS'L Beach & Racquet Resort 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 29 listings.

Gulf FrontShort-Term Rental Eligible

$849,000

9011 Us Highway 98 Unit C-602

Miramar Beach, FL 32550

2 bd 2 ba 1,207 sqft
NewShort-Term Rental Eligible

$399,900

37 Forest Hills Lane Unit 37B

Miramar Beach, FL 32550

2 bd 2.5 ba 1,293 sqft
Short-Term Rental Eligible

$589,000

515 Tops L Beach Boulevard Unit 902

Miramar Beach, FL 32550

2 bd 2 ba 1,141 sqft
Short-Term Rental Eligible

$579,000

515 Tops'L Beach Boulevard Unit 501

Miramar Beach, FL 32550

2 bd 2 ba 1,141 sqft
Price Reduced Gulf FrontShort-Term Rental Eligible

$900,000

550 Tops'l Beach Boulevard Unit 501

Miramar Beach, FL 32550

2 bd 2 ba 1,220 sqft
NewShort-Term Rental Eligible

$659,000

515 Tops L Beach Boulevard Unit 309

Miramar Beach, FL 32550

3 bd 3 ba 1,601 sqft
NewShort-Term Rental Eligible

$549,000

25 Forest Hills Lane Unit 25C

Miramar Beach, FL 32550

2 bd 2.5 ba 1,406 sqft
New Gulf FrontShort-Term Rental Eligible

$1,050,000

9001 Us Highway 98 Unit D-314

Miramar Beach, FL 32550

2 bd 2 ba 1,325 sqft
Short-Term Rental Eligible

$835,000

550 Tops L Beach Boulevard Unit 1309

Miramar Beach, FL 32550

2 bd 2 ba 1,230 sqft
Short-Term Rental Eligible

$349,000

515 Tops'L Beach Boulevard Unit 212

Miramar Beach, FL 32550

2 bd 2 ba 1,141 sqft
Short-Term Rental Eligible

$650,000

550 Tops'L Beach Boulevard Unit 311

Miramar Beach, FL 32550

2 bd 2 ba 1,230 sqft
Short-Term Rental Eligible

$689,000

20 Forest Hills Lane Unit 20F

Miramar Beach, FL 32550

3 bd 2.5 ba 1,904 sqft
Short-Term Rental Eligible

$499,000

515 Tops'l Beach Boulevard Unit 103

Miramar Beach, FL 32550

2 bd 2 ba 1,141 sqft
Price ReducedShort-Term Rental Eligible

$750,000

550 Tops L Beach Boulevard Unit 409

Miramar Beach, FL 32550

2 bd 2 ba 1,230 sqft
Price ReducedShort-Term Rental Eligible

$825,000

515 Tops'l Beach Boulevard Unit 906

Miramar Beach, FL 32550

3 bd 3 ba 1,601 sqft
Short-Term Rental Eligible

$650,000

515 Tops'l Beach Boulevard Unit 109

Miramar Beach, FL 32550

3 bd 3 ba 1,601 sqft
Price ReducedShort-Term Rental Eligible

$920,000

75 Sierra Dunes Drive

Miramar Beach, FL 32550

3 bd 3 ba 1,769 sqft
Gulf FrontShort-Term Rental Eligible

$1,250,000

9011 US Highway 98 Unit D-414

Miramar Beach, FL 32550

2 bd 2 ba 1,325 sqft
Short-Term Rental Eligible

$499,000

6 Wimbledon Court Unit 6D

Miramar Beach, FL 32550

2 bd 2 ba 1,525 sqft
Short-Term Rental Eligible

$699,000

515 Tops L Beach Boulevard Unit 705

Miramar Beach, FL 32550

3 bd 3 ba 1,601 sqft
Short-Term Rental Eligible

$499,000

26 Forest Hills Lane Unit 26B

Miramar Beach, FL 32550

2 bd 2.5 ba 1,293 sqft
Price ReducedShort-Term Rental Eligible

$639,000

550 Tops'l Beach Boulevard Unit 107

Miramar Beach, FL 32550

2 bd 2 ba 1,230 sqft
Gulf FrontLuxuryShort-Term Rental Eligible

$2,795,000

550 Tops'L Beach Boulevard Unit 1506

Miramar Beach, FL 32550

3 bd 3 ba 2,040 sqft
Short-Term Rental Eligible

$699,000

515 Tops L Beach Boulevard Unit 605

Miramar Beach, FL 32550

3 bd 3 ba 1,601 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

TOPS'L Beach & Racquet Resort FAQ

How much is the HOA fee at TOPS'L Beach & Racquet Resort?

As of November 11, 2026, TOPS'L Beach & Racquet Resort homes for sale that report a fee on the MLS list these HOA fees: single-family homes, $250 to $697 a month, median $474 (2 listings); townhomes, $817 to $972 a month, median $911 (3 listings); condos, $912 to $1,922 a month, median $1,229 (23 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.

What is the story behind the TOPS'L name?

The state park a few miles east takes its name from its dunes, which the park service describes as rising like a ship's sails. The resort's own name shares that nautical root, but no public record we could reach documents how or when the property adopted it, so we will not tell that story as fact.

Does TOPS'L operate more like a hotel or a neighborhood?

It is run as lodging, with 225 guest rooms in the county tourism agency's listing and a racquet and fitness operation on the grounds. How the ownership actually divides between guest programs and longer personal use is not something any public record we reached measures, so we do not put a proportion on it.

Can you walk into Topsail Hill Preserve State Park from the resort?

Not directly. The state's boundary record puts the park's western edge about 2,380 feet east of the resort's easternmost parcel, with the private Four Mile Village community in between, so there is no walk from the grounds into the park. The park's entrances are further east still: the state records a main entrance about 3.1 miles east of the resort, at 7525 West County Highway 30A in Santa Rosa Beach, and a secondary entrance between the two. The park itself is worth the drive, with 3 miles of beach, old growth pine forest and freshwater coastal dune lakes.

What governs guest stays at TOPS'L?

Two documents, in this order. First the recorded declaration for the specific building or platted community, since this one resort name covers several of them and each was recorded separately. Second the county. Walton County requires a short term vacation rental certificate, renewed each year, for a dwelling rented more than three times in a calendar year for stays under a month, or advertised as regularly rented, and it expects a state vacation rental dwelling license and a tourist development tax account alongside it. The county's own program exempts certain condominiums defined under Chapters 509 and 718 of the Florida Statutes, which matters at this address because most residences here sit inside a condominium. Read the declaration first, then confirm the county position for that building.

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Sources

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