Miramar Beach · Resort Market Report
TOPS'L Beach & Racquet Resort
Every number a buyer, seller, or investor needs on one resort: live inventory and closed-sale history - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated September 27, 2026 · Next statistics update early October 2026
How TOPS'L Beach & Racquet Resort is trading
22 homes closed in TOPS'L Beach & Racquet Resort in the trailing 12 months at a median of $713,750, with a 96.0% median list-to-sale ratio. On the active side, 14 of 31 listings sit below original list price, and standing inventory works out to 16.9 months of supply at the current sales pace.
Read TOPS'L one community at a time. County parcel records file this single resort name across separately platted groups: three multistory condominiums, plus lot platted homes and attached villas set back among the pines. A resort wide median therefore reports which of those happened to trade that quarter, not what any one residence is worth, and it can swing hard while nothing underneath it moves. Distance to the water does the first sort, and product type does the second: a tower residence and a townhome on a tennis side lane are different assets sharing one mailing address. A patient buyer picks the community first, reads that community's own closing history rather than the resort's, and asks which association would be theirs, since a master assessment sits on top of whatever the individual association charges. Carrying costs stack here, so read both budgets before reading any comparable.
Year-over-year figures compare the 12 complete calendar months from September 2025 through August 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through September 27, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2021 | $699K |
| 2022 | $773K |
| 2023 | $680K |
| 2024 | $850K |
| 2025 | $643K |
| 2026 YTD | $737K |
| Period | Value |
|---|---|
| 2021 | $514 |
| 2022 | $558 |
| 2023 | $583 |
| 2024 | $574 |
| 2025 | $433 |
| 2026 YTD | $474 |
| Period | Value |
|---|---|
| Sep 24 | 0 |
| Oct 24 | 0 |
| Nov 24 | 4 |
| Dec 24 | 1 |
| Jan 25 | 0 |
| Feb 25 | 0 |
| Mar 25 | 2 |
| Apr 25 | 1 |
| May 25 | 2 |
| Jun 25 | 1 |
| Jul 25 | 3 |
| Aug 25 | 0 |
| Sep 25 | 4 |
| Oct 25 | 0 |
| Nov 25 | 3 |
| Dec 25 | 1 |
| Jan 26 | 0 |
| Feb 26 | 2 |
| Mar 26 | 0 |
| Apr 26 | 2 |
| May 26 | 3 |
| Jun 26 | 5 |
| Jul 26 | 1 |
| Aug 26 | 3 |
| Period | Value |
|---|---|
| Sep 24 | No data |
| Oct 24 | No data |
| Nov 24 | $653K |
| Dec 24 | Sample too small |
| Jan 25 | No data |
| Feb 25 | No data |
| Mar 25 | Sample too small |
| Apr 25 | Sample too small |
| May 25 | Sample too small |
| Jun 25 | Sample too small |
| Jul 25 | $470K |
| Aug 25 | No data |
| Sep 25 | $1.13M |
| Oct 25 | No data |
| Nov 25 | $693K |
| Dec 25 | Sample too small |
| Jan 26 | No data |
| Feb 26 | Sample too small |
| Mar 26 | No data |
| Apr 26 | Sample too small |
| May 26 | $735K |
| Jun 26 | $500K |
| Jul 26 | Sample too small |
| Aug 26 | $738K |
The monthly charts cover the 24 complete calendar months from September 2024 through August 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.
Based on information from ECAR for the period September 28, 2021 through September 27, 2026.
From the active file
31 homes are on the market in TOPS'L Beach & Racquet Resort today - a sample of the current file:
$549,000
25 Forest Hills Lane Unit 25C
Miramar Beach, FL 32550
$1,050,000
9001 Us Highway 98 Unit D-314
Miramar Beach, FL 32550
$835,000
550 Tops L Beach Boulevard Unit 1309
Miramar Beach, FL 32550
$349,000
515 Tops'L Beach Boulevard Unit 212
Miramar Beach, FL 32550
$650,000
550 Tops'L Beach Boulevard Unit 311
Miramar Beach, FL 32550
$689,000
20 Forest Hills Lane Unit 20F
Miramar Beach, FL 32550
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.
The investor file
| Typical acquisition (median, 12 mo) | $713,750 |
|---|---|
| Middle-half range (25th-75th pct, 40 sales / 24 mo) | $525,500 - $917,500 |
| Median price, 2021 to 2026 | +5.4% ($699,000 to $736,500) |
| Average sale price (12 mo) | $737,045 |
| Sales volume, trailing 12 months | $16,214,999 |
| Sale price range, trailing 12 months | $350,000 - $1,695,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 2 BR | 19 | 14 | $702,250 |
| 3 BR | 10 | 7 | $692,500 |
| 5 BR | 2 | 1 | Sample too small |
Based on information from ECAR for the period September 28, 2021 through September 27, 2026.
Rental rules on the MLS today: 30 of 31 active listings disclose“Short Term Rental - Allowed”. Always verify current rules with the association or county before purchasing with rental income in mind.
Reading this file
Where do these numbers come from?
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and refreshed on a 30-day cycle. Based on information from ECAR for the period September 28, 2021 through September 27, 2026.
Why is there no list of individual sold homes?
22 homes closed in TOPS'L Beach & Racquet Resort in the trailing 12 months, from $350,000 to $1,695,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows area-level statistics only - ask us for the street-by-street sold review and we'll walk you through it.
How are thin samples handled?
Any figure computed from fewer than three sales is withheld rather than published - a one-sale “median” is just that sale's price. Counts always show; prices earn their way onto the page.
Thinking about buying or selling in TOPS'L Beach & Racquet Resort?
We track this resort's sales, inventory, and rules every month - get the full picture before you commit.
- MLS market data (ECAR) - updated September 27, 2026
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.
Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of September 27, 2026.
Sources
- Topsail Hill Preserve State Park, Florida State Parks (accessed August 21, 2026)
- Florida State Park Boundaries, Topsail Hill Preserve, Florida Department of Environmental Protection (accessed August 21, 2026)
- Florida State Park Entrances, Topsail Hill Preserve, Florida Department of Environmental Protection (accessed August 21, 2026)
- TOPS'L Beach & Racquet Resort, Walton County Tourism Department (accessed August 21, 2026)
- Short-Term Vacation Rental Registration Program frequently asked questions, Walton County (accessed August 21, 2026)
- Florida Department of Revenue statewide cadastral: parcels between the resort and the park (accessed August 21, 2026)