Miramar Beach · Building Market Report
Hidden Dunes Beach & Tennis Resort Market Analytics
Every number a buyer, seller, or investor needs on one building: live inventory, closed-sale history, rental benchmarks, and the neighborhood around it - refreshed monthly from MLS and market data.
Inventory updated daily · Sale statistics updated November 1, 2026 · Next statistics update early December 2026
How the building is trading
15 units closed at Hidden Dunes Beach & Tennis Resort in the trailing 12 months at a median of $745,000, with a 95.3% median list-to-sale ratio. On the active side, 10 of 14 listings sit below original list price, and standing inventory works out to 11.2 months of supply at the current sales pace.
One name covers six separately recorded condominiums here, which is the first reason a single median misleads. The six are nothing like the same size: they run 102, 80, 54, 42, 32 and 6 residences, so more than half of the 316 sit in just two of them and the smallest is a group of six. A residence high in the tower stack, a beach cottage and a Grand Villas address all trade under Hidden Dunes, and each sits in a different building type with a different governing document behind it. Position within the property is the second reason. The holding runs about 2,450 feet from the highway to the water while the residences occupy only about 1,800 feet of it, and their parcels read as minimal flood hazard toward the highway and as the 0.2 percent annual chance band toward the beach, while the coastal high hazard band falls on the association's beach ground below them. Two residences a few hundred feet apart can therefore sit in different insurance positions, and two of the parcels here have a corner clipped by a special flood hazard area while their neighbours have none. Read a listing by its recorded condominium first, its level second, its position within the property third. A blended figure answers none of those three questions, and the questions are what actually price a residence here.
Year-over-year figures compare the 12 complete calendar months from November 2025 through October 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through November 1, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2022 | $830K |
| 2023 | $983K |
| 2024 | $1.19M |
| 2025 | $725K |
| 2026 YTD | $745K |
| Period | Value |
|---|---|
| 2022 | $564 |
| 2023 | $654 |
| 2024 | $618 |
| 2025 | $542 |
| 2026 YTD | $462 |
| Period | Value |
|---|---|
| Nov 24 | 1 |
| Dec 24 | 0 |
| Jan 25 | 0 |
| Feb 25 | 2 |
| Mar 25 | 3 |
| Apr 25 | 1 |
| May 25 | 2 |
| Jun 25 | 0 |
| Jul 25 | 2 |
| Aug 25 | 1 |
| Sep 25 | 4 |
| Oct 25 | 2 |
| Nov 25 | 3 |
| Dec 25 | 1 |
| Jan 26 | 2 |
| Feb 26 | 1 |
| Mar 26 | 2 |
| Apr 26 | 1 |
| May 26 | 2 |
| Jun 26 | 1 |
| Jul 26 | 1 |
| Aug 26 | 0 |
| Sep 26 | 1 |
| Oct 26 | 0 |
| Period | Value |
|---|---|
| Nov 24 | Sample too small |
| Dec 24 | No data |
| Jan 25 | No data |
| Feb 25 | Sample too small |
| Mar 25 | $760K |
| Apr 25 | Sample too small |
| May 25 | Sample too small |
| Jun 25 | No data |
| Jul 25 | Sample too small |
| Aug 25 | Sample too small |
| Sep 25 | $790K |
| Oct 25 | Sample too small |
| Nov 25 | $750K |
| Dec 25 | Sample too small |
| Jan 26 | Sample too small |
| Feb 26 | Sample too small |
| Mar 26 | Sample too small |
| Apr 26 | Sample too small |
| May 26 | Sample too small |
| Jun 26 | Sample too small |
| Jul 26 | Sample too small |
| Aug 26 | No data |
| Sep 26 | Sample too small |
| Oct 26 | No data |
The monthly charts cover the 24 complete calendar months from November 2024 through October 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 November 2, 2021 through November 1, 2026.
From the active file
14 units are on the market at Hidden Dunes Beach & Tennis Resort today - a sample of the current file:
$839,000
9815 US Highway 98 Unit A1604
Miramar Beach, FL 32550
$899,000
9815 Us Highway 98 Unit A505
Miramar Beach, FL 32550
$594,900
9815 US Highway 98 W Unit 199
Miramar Beach, FL 32550
$499,000
9815 Us Highway 98 Unit 194
Miramar Beach, FL 32550
$469,000
9815 Us Highway 98 Unit 192
Miramar Beach, FL 32550
$529,990
9815 Us Highway 98 Unit 129
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) | $745,000 |
|---|---|
| Middle-half range (25th-75th pct, 33 priced sales / 24 mo) | $470,000 - $880,000 |
| Median price, 2022 to 2026 | -10.2% ($830,000 to $745,000) |
| Average sale price (12 mo) | $715,083 |
| Sales volume, trailing 12 months | $10,726,250 |
| Sale price range, trailing 12 months | $381,000 - $1,150,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 1 BR | 1 | 0 | Sample too small |
| 2 BR | 8 | 7 | $745,000 |
| 3 BR | 5 | 7 | $580,000 |
| 4 BR | 0 | 1 | Sample too small |
Based on information from ECAR for the period November 2, 2021 through November 1, 2026.
What similar rentals earn nearby
$262/night
Average Daily Rate
Trailing 12 months, average across Beachfront condos, 1-3 bedrooms, Miramar Beach
62%
Occupancy
Guest, owner and held nights over calendar nights, across Beachfront condos, 1-3 bedrooms, Miramar Beach
48 nights
Owner Use
Owner and maintenance nights per rental, trailing 12 months, across Beachfront condos, 1-3 bedrooms, Miramar Beach
$106 to $408
Monthly Rate Range
Average nightly rate by month, lowest in January, highest in July
414
Rentals Tracked
Units in Beachfront condos, 1-3 bedrooms, Miramar Beach
6 nights
Average Stay
75 days
Booking Window
Average lead time before arrival
Market data by Key Data · 414 similar rentals tracked (Beachfront condos, 1-3 bedrooms, Miramar Beach) · Nov 2025 to Oct 2026
Market statistics reflect the trailing performance of similar rental properties in this market, not this specific property, and are opinions of potential performance, not a guarantee of income. Performance varies with management, seasonality, and personal use. Verify rental eligibility and all figures independently.
The rental analysis is for signed-in readers
We publish each home's rental analysis on the signed-in side of the site, not on the open page. With a free account you will find, on the individual listings here that qualify, how rentals similar to that home perform: the average daily rate, occupancy, typical stay and booking window. The segment's daily rate, occupancy and tracked-rental count stay public on this page.
Sign in or create a free accountWhat decides whether a unit here can be rented
These are benchmarks for a segment of comparable rentals, not a finding about Hidden Dunes Beach & Tennis Resort. What a unit here may actually do is set by documents, and there are three of them. The recorded declaration sets any minimum lease term. The association's current rules can add stay-length minimums, rental caps, or owner-occupancy requirements the local code does not impose, and a board can change them after a purchase. The city or county that governs this address runs its own short-term-rental registration requirements over both. Request all three in their current form from the association and the local government during diligence, before purchasing with rental income in mind.
Rental rules on the MLS today: 14 of 14 active listings disclose"Short Term Rental - Allowed". Always verify the association's current policy.
The neighborhood: Tang-o-mar
Hidden Dunes Beach & Tennis Resort sits in or beside the Tang-o-mar Census neighborhood - the area figures below describe that neighborhood, not this building alone.
Neighborhood Data
Tang-o-mar at a Glance
6,676
Properties
$548K
Median Home Value
92%
Second Homes / Seasonal
Source: LiveBy, via the U.S. Census Bureau American Community Survey 2023. Figures are area estimates for general market context.
Demographic information is provided for general informational purposes only and must not be used to make housing decisions on the basis of race, color, religion, sex, familial status, national origin, disability, or any other protected class. Dream Destin Realty supports the Fair Housing Act and equal-opportunity housing.
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 November 2, 2021 through November 1, 2026. Rental benchmarks are market-segment aggregates from Key Data - never figures for a specific unit. Neighborhood figures are LiveBy area estimates built on the U.S. Census American Community Survey.
Why is there no list of individual sold units?
15 units closed at Hidden Dunes Beach & Tennis Resort in the trailing 12 months, from $381,000 to $1,150,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows building-level statistics only - ask us for the unit-by-unitsold report 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 at Hidden Dunes Beach & Tennis Resort?
We track this building's sales and fees every month, and keep its rental rules on file - get the full picture before you commit.
- MLS market data (ECAR) - updated November 1, 2026
- Vacation-rental market data (Key Data) - updated November 1, 2026
- Neighborhood data (LiveBy / U.S. Census ACS) - updated November 1, 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. Rental-income benchmarks are not a guarantee of future performance, so verify independently every time. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of November 1, 2026.
Sources
- Florida Department of Revenue statewide cadastral: parcels at 9815 US Highway 98 West (accessed August 23, 2026)
- Florida Department of Revenue statewide cadastral: ownership at the shoreline end of the property (accessed August 23, 2026)
- Florida Department of Revenue statewide cadastral: parcel outlines for the Hidden Dunes parcel number series (accessed August 23, 2026)
- FEMA National Flood Hazard Layer: flood hazard zones over the Hidden Dunes footprint (accessed August 23, 2026)
- Section 718.112, Florida Statutes: budgets and the structural integrity reserve study (accessed August 21, 2026)
- Section 509.2112, Florida Statutes: inspection filings for lodging three stories or more (accessed August 21, 2026)
- Office of Short-Term Vacation Rental Registration, Walton County (accessed August 21, 2026)