Miramar Beach · Neighborhood
Island Green Homes for Sale
Island Green is 52 lots on three recorded Walton County plats at Miramar Beach, with houses built from 1994 to 2023 and 15 lots touching Zone A or AE, mostly along an edge.
Updated
Short-term rentals: not allowed, per our brokerage's rental review.
Living in Island Green
Walton County's legal text places Island Green on three recorded plats, at Plat Book 10, page 6, page 15 and page 34, which cite 14, 15 and 23 lots in turn. Two of the 23 lots on the page 34 plat are worded as Phase 1 in their legal text, so phase labels and plat pages do not line up on every lot, and a sale should be matched to its plat page. The county series holds 53 records: 50 single family, two vacant, and one that carries neither a use nor a legal description and covers about 4.1 acres.
The state's 2026 tax roll lists 52 of those parcels, all in Miramar Beach with ZIP code 32550, and leaves out the record with no text. The roll classes 50 of them as single family and the other two as vacant. The 50 houses were built between 1994 and 2023, 25 of them from 1995 through 2004 and four from 2020 on, on lots of 14,898 to 26,572 square feet, or 0.34 to 0.61 acre.
County address points total 53 rows on Island Green Drive, Island Green Lane East and Island Green Lane West: 36 labeled Sandestin, three Sandestin-Island Green, 13 with no place name and one blank. Those labels are county place names, not boundaries or proof of membership in any association, so match the parcel and plat page instead. None of the parcels falls inside a city's limits on the county's boundary map, which leaves them in unincorporated Walton County.
Tested parcel by parcel, FEMA's flood layer and the county's flood layer agree: 37 of the 52 lots lie wholly in Zone X, and 15 also touch Zone A (13 lots, with no base flood elevation published) or Zone AE at 7 feet (two lots). For most of the 15 the contact is a thin edge. A grid sample puts a tenth or more of the lot in A or AE for only five of them, the largest about 43 percent, and no lot's interior sample point falls in either zone. None of this fixes a house's floor height or its insurance terms; Walton County's flood information staff can answer for a specific address.
The Miramar Beach search as of August 19, 2026 listed three homes for sale beside 32 completed sales. That is a dated reading of a search, not a count of these 52 lots, and nothing in the county or state records addresses assessments, amenities, rental terms or who owns the roads.
HOA & Fees
What is the HOA fee at Island Green?
As of November 11, 2026, Island Green homes for sale that report a fee on the MLS list these HOA fees:
- Single-family homes: $69 to $251 a month, median $251 (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.
Live Inventory
Homes for Sale in Island Green
5
Active Listings
$2.45M
Median List Price
$618
Avg Price / Sqft
Live from today's Island Green 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.

$3,598,000
1497 Island Green Lane
Miramar Beach, FL 32550

$2,450,000
1533 Island Green Lane
Miramar Beach, FL 32550

$2,050,000
1525 Island Green Drive
Miramar Beach, FL 32550

$3,200,000
1536 Island Green Lane
Miramar Beach, FL 32550

$2,450,000
1530 Island Green Lane
Miramar Beach, FL 32550
Local Answers
Island Green FAQ
How much is the HOA fee at Island Green?
As of November 11, 2026, Island Green homes for sale that report a fee on the MLS list these HOA fees: single-family homes, $69 to $251 a month, median $251 (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.
Which recorded references separate Island Green's three phases?
Three plats: Plat Book 10, page 6 (14 lots), page 15 (15 lots) and page 34 (23 lots). Two lots on the page 34 plat are worded as Phase 1 in their county legal text, so rely on the plat page rather than the phase word.
What creates the difference between the county and statewide row totals?
The county holds 53 records: 50 single family, two vacant and one blank record covering about 4.1 acres. The state's 2026 roll lists 52 and leaves out that last one.
Which location labels occur within the county address results?
Thirty-six rows carry Sandestin, three carry Sandestin-Island Green, 13 lack a place name and one is blank. The streets are Island Green Drive, Island Green Lane East and Island Green Lane West. Treat a label as a county place name, not a boundary.
How many Island Green lots touch a flood hazard zone?
Fifteen of 52 touch Zone A or AE and 37 lie wholly in Zone X, in both FEMA's layer and the county's. Thirteen of the 15 touch Zone A, which has no published base flood elevation, and two touch AE at 7 feet. Mostly it is an edge: only about five lots have a tenth or more of their area there. A zone is a map category; it neither measures a house's height above flood level nor sets coverage terms.
Which details make an Island Green sale comparison more reliable?
Use the parcel number and the plat page in its legal text, and note whether the lot is vacant. Lots run from 0.34 to 0.61 acre and houses from 1994 to 2023, so two sales under one community name can differ widely. The Miramar Beach search of August 19, 2026, with 32 closed sales and three dwellings for sale, is a dated reading that may reach beyond these lots.
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Sources
- Walton County open planning GIS, Subdivision Boundaries layer, Island Green parent series (accessed September 28, 2026)
- Walton County open planning GIS, Parcels layer, exact Island Green series (accessed September 28, 2026)
- Florida statewide cadastral, 2026 roll, exact Island Green series (accessed September 28, 2026)
- Walton County open planning GIS, Address Parcel layer, Island Green series (accessed September 28, 2026)
- Walton County EnerGov flood layer 29, Island Green parcel-envelope intersection (accessed September 28, 2026)
- FEMA National Flood Hazard Layer 28, Island Green parcel-envelope intersection (accessed September 28, 2026)
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