Panama City Beach · Neighborhood Market Report
Miramar Heights Market Analytics
Every number a buyer, seller, or investor needs on one neighborhood: live inventory and closed-sale history - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated November 5, 2026 · Next statistics update early December 2026
How Miramar Heights is trading
5 homes closed in Miramar Heights in the trailing 12 months at a median of $525,000, with a 97.0% median list-to-sale ratio. On the active side, 2 of 3 listings sit below original list price, and standing inventory works out to 7.2 months of supply at the current sales pace.
Three markets share the Miramar Heights name. South of Panama City Beach Parkway the lots are zoned single-family and hold most of the houses; north of it the zoning is the manufactured-home district and holds every mobile-home parcel; a commercial band separates them. Houses date from 1946 through 2025 and recorded living area runs from 466 to 3,719 square feet, so a blended median mostly reports which mix happened to close. Most lots are small and alike, near one sixth of an acre, which leaves the structure, its age and any replacement as what separates one result from another. Compare a house with houses of its own era and a mobile home with mobile homes, and keep vacant lots and commercial parcels out of home comparisons. The Miramar Beach plat touches the southern edge, so match a listing by parcel number, not by name.
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 5, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2025 | $480K |
| 2026 YTD | $525K |
| Period | Value |
|---|---|
| 2025 | $299 |
| 2026 YTD | $369 |
| Period | Value |
|---|---|
| Nov 24 | 0 |
| Dec 24 | 0 |
| Jan 25 | 0 |
| Feb 25 | 0 |
| Mar 25 | 1 |
| Apr 25 | 0 |
| May 25 | 1 |
| Jun 25 | 0 |
| Jul 25 | 0 |
| Aug 25 | 1 |
| Sep 25 | 0 |
| Oct 25 | 0 |
| Nov 25 | 0 |
| Dec 25 | 0 |
| Jan 26 | 1 |
| Feb 26 | 0 |
| Mar 26 | 0 |
| Apr 26 | 0 |
| May 26 | 1 |
| Jun 26 | 1 |
| Jul 26 | 1 |
| Aug 26 | 0 |
| Sep 26 | 1 |
| Oct 26 | 0 |
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 6, 2021 through November 5, 2026.
From the active file
3 homes are on the market in Miramar Heights today:

$309,000
113 Vestavia Street
Panama City Beach, FL 32413

$699,000
112 Vestavia Street
Panama City Beach, FL 32413

$516,500
207 Wells Street
Panama City Beach, FL 32413
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) | $525,000 |
|---|---|
| Middle-half range (25th-75th pct, 8 sales / 24 mo) | $381,250 - $541,250 |
| Median price, 2025 to 2026 | +9.4% ($480,000 to $525,000) |
| Average sale price (12 mo) | $488,700 |
| Sales volume, trailing 12 months | $2,443,500 |
| Sale price range, trailing 12 months | $293,500 - $645,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 3 BR | 2 | 5 | $525,000 |
1 of today's active listings (studios or listings without a recorded bedroom count) appears in the headline count but not in these rows.
Based on information from ECAR for the period November 6, 2021 through November 5, 2026.
Reading this file
Where do these numbers come from?
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and were last refreshed on November 5, 2026. Based on information from ECAR for the period November 6, 2021 through November 5, 2026.
Why is there no list of individual sold homes?
5 homes closed in Miramar Heights in the trailing 12 months, from $293,500 to $645,000. 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 Miramar Heights?
We track this neighborhood's sales, inventory, and rules every month - get the full picture before you commit.
- MLS market data (ECAR) - updated November 4, 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 November 5, 2026.
Sources
- Florida statewide cadastral: Miramar Heights parcels (accessed October 17, 2026)
- Bay County municipal boundaries across Miramar Heights (accessed October 17, 2026)
- City of Panama City Beach zoning map: Miramar Heights (accessed October 17, 2026)
- Panama City Beach Land Development Code, Chapter 2 (accessed October 17, 2026)
- FEMA National Flood Hazard Layer: Miramar Heights (accessed October 17, 2026)
- Florida Division of Corporations: Miramar Heights search (accessed October 17, 2026)
