Miramar Beach · Building Market Report
Tides at TOPS'L
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 September 22, 2026 · Next statistics update early October 2026
How the building is trading
6 units closed at Tides at TOPS'L in the trailing 12 months at a median of $872,500, with a 95.6% median list-to-sale ratio. On the active side, 2 of 6 listings sit below original list price, and standing inventory works out to 12.0 months of supply at the current sales pace.
Two things at this address defeat a single number. The first is that five of the parcels are not residences at all: they are commercial units sharing the same street number and the same identifier series, so a figure drawn across the address blends two different products unless the use class is checked first. The second is the shape of the stack. Six residences occupy a first level and eleven repeat on every level above it to a fifteenth, which means the building is almost entirely one repeating plate and the variable that separates two listings is height rather than layout. Because the water is roughly 470 feet away across ground the condominium does not own, elevation buys sightline here in a way it would not at an address on the sand. Read the level, then read what the recorded documents grant across the intervening land.
| Period | Value |
|---|---|
| 2021 | Sample too small |
| 2022 | $950K |
| 2023 | $820K |
| 2024 | $1.03M |
| 2025 | $750K |
| 2026 YTD | $975K |
| Period | Value |
|---|---|
| 2021 | Sample too small |
| 2022 | $630 |
| 2023 | $667 |
| 2024 | $844 |
| 2025 | $610 |
| 2026 YTD | $799 |
| Period | Value |
|---|---|
| Sep 24 | 0 |
| Oct 24 | 0 |
| Nov 24 | 0 |
| Dec 24 | 0 |
| Jan 25 | 0 |
| Feb 25 | 0 |
| Mar 25 | 0 |
| Apr 25 | 0 |
| May 25 | 1 |
| Jun 25 | 0 |
| Jul 25 | 0 |
| Aug 25 | 0 |
| Sep 25 | 2 |
| Oct 25 | 0 |
| Nov 25 | 1 |
| Dec 25 | 1 |
| Jan 26 | 0 |
| Feb 26 | 1 |
| Mar 26 | 0 |
| Apr 26 | 1 |
| May 26 | 0 |
| Jun 26 | 1 |
| Jul 26 | 0 |
| Aug 26 | 1 |
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. Those 12 months can differ from the trailing totals above, which run day-precise through September 22, 2026 rather than by whole calendar months.
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
From the active file
6 units are on the market at Tides at TOPS'L today:
$835,000
550 Tops L Beach Boulevard Unit 1309
Miramar Beach, FL 32550
$650,000
550 Tops'L Beach Boulevard Unit 311
Miramar Beach, FL 32550
$779,000
550 Tops'l Beach Boulevard Unit 809
Miramar Beach, FL 32550
$750,000
550 Tops L Beach Boulevard Unit 409
Miramar Beach, FL 32550
$639,000
550 Tops'l Beach Boulevard Unit 107
Miramar Beach, FL 32550
$2,795,000
550 Tops'L Beach Boulevard Unit 1506
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) | $872,500 |
|---|---|
| Middle-half range (25th-75th pct, 9 priced sales / 24 mo) | $750,000 - $980,000 |
| Median price, 2022 to 2026 | +2.6% ($950,000 to $975,000) |
| Average sale price (12 mo) | $880,250 |
| Sales volume, trailing 12 months | $5,281,500 |
| Sale price range, trailing 12 months | $669,500 - $1,137,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 2 BR | 5 | 6 | $872,500 |
| 3 BR | 1 | 0 | Sample too small |
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
What similar rentals earn nearby
$217/night
Average Daily Rate
Trailing 12 months, average across Miramar Beach condos, 1-3 bedrooms
52%
Occupancy
Guest, owner and held nights over calendar nights, across Miramar Beach condos, 1-3 bedrooms
46 nights
Owner Use
Owner and maintenance nights per rental, trailing 12 months, across Miramar Beach condos, 1-3 bedrooms
$91 to $321
Monthly Rate Range
Average nightly rate by month, lowest in January, highest in July
1472
Rentals Tracked
Units in Miramar Beach condos, 1-3 bedrooms
5 nights
Average Stay
70 days
Booking Window
Average lead time before arrival
Market data by Key Data · 1472 similar rentals tracked (Miramar Beach condos, 1-3 bedrooms) · Sep 2025 to Aug 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 Tides at TOPS'L. 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: 6 of 6 active listings disclose“Short Term Rental - Allowed”. Always verify the association's current policy.
The neighborhood: Tang-o-mar
Tides at TOPS'L 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 September 23, 2021 through September 22, 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?
6 units closed at Tides at TOPS'L in the trailing 12 months, from $669,500 to $1,137,000. 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 Tides at TOPS'L?
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 September 21, 2026
- Vacation-rental market data (Key Data) - updated September 21, 2026
- Neighborhood data (LiveBy / U.S. Census ACS) - updated September 21, 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 September 22, 2026.
Sources
- Florida Department of Revenue statewide cadastral: parcels at 550 TOPS'L Beach Boulevard (accessed August 21, 2026)
- Florida Department of Revenue statewide cadastral: ownership between the building and the water (accessed August 21, 2026)
- Florida Department of Revenue statewide cadastral: parcel outlines for the parcel number series at this address (accessed August 23, 2026)
- FEMA National Flood Hazard Layer: flood zone polygons over the building parcels (accessed August 23, 2026)
- Walton County planning service, Florida Managed Areas layer: conservation land east of the building (accessed August 21, 2026)
- Section 553.899, Florida Statutes: milestone structural inspections (accessed August 21, 2026)
- Section 509.2112, Florida Statutes (2024 compilation): inspection filings for lodging three stories or more (accessed August 23, 2026)
- Office of Short-Term Vacation Rental Registration, Walton County (accessed August 21, 2026)