Sandestin · Building Market Report
Pine Ridge Villas
Every number a buyer, seller, or investor needs on one building: live inventory and the neighborhood around it - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated September 22, 2026 · Next statistics update early October 2026
How the building is trading
Fewer than three units closed here in the trailing 12 months - too thin a sample to publish reliable statistics. Ask us for a hand-built sales review instead.
Thirty six residences divided six ways is a small enough structure that the phase a listing sits in is worth establishing before anything else. Because each phase was recorded separately, the declaration, the budget history and the reserve position behind two residences that look identical can be two different documents, and Florida's reserve study obligation runs building by building rather than across a community. That is the variable most likely to separate two sales here, and it does not appear in a photograph or a square footage. The county records neither an age nor a floor area against these parcels either, so a comparison assembled from public data alone has almost nothing left in it. Ask which phase, then ask that phase for its numbers.
Based on information from ECAR for the period September 22, 2025 through September 22, 2026.
From the active file
4 units are on the market at Pine Ridge Villas today:
$925,000
5360 Pine Ridge Lane Unit 5360
Miramar Beach, FL 32550
$850,000
5355 Pine Ridge Lane Unit 5355
Miramar Beach, FL 32550
$869,500
5385 Pine Ridge Lane Unit 5385
Miramar Beach, FL 32550
$885,000
5353 Pine Ridge Lane Unit 5353
Miramar Beach, FL 32550
Short-term rental permission varies here
The building guide for Pine Ridge Villas reports short-term rental permission as tower by tower rather than resort wide, so we publish no nightly-rental performance benchmarks for this building: one building-wide range would speak for towers that do not share an answer. That reporting covers short stays only, and says nothing either way about longer tenancy. The recorded declaration is what sets any minimum lease term, so read it, and confirm the association's current rental policy directly, before purchasing with rental income in mind.
Rental rules on the MLS today: 4 of 4 active listings disclose“Short Term Rental - Allowed”. Always verify the association's current policy.
The neighborhood: Tang-o-mar
Pine Ridge Villas 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 22, 2025 through September 22, 2026. Neighborhood figures are LiveBy area estimates built on the U.S. Census American Community Survey.
Why is there no list of individual sold units?
1 unit closed at Pine Ridge Villas in the trailing 12 months. 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 Pine Ridge Villas?
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
- 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. 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
- Walton County parcels on Pine Ridge Lane, Florida Department of Revenue statewide cadastral (accessed August 21, 2026)
- Pine Ridge Villas Condominium Association, Inc., Florida Division of Corporations (accessed August 21, 2026)
- Neighborhood Association Management list, Sandestin Owners Association, edition dated 8/14/2026 (accessed August 21, 2026)
- Beach Access for Sandestin Owners and Guests, Sandestin Owners Association (accessed August 21, 2026)
- FEMA National Flood Hazard Layer over the Pine Ridge Lane parcels (accessed August 23, 2026)
- Both flood bands on one Pine Ridge parcel and no special flood hazard zone, Walton County EnerGov (accessed August 23, 2026)
- Florida Statutes 718.112, condominium bylaws and reserves (accessed August 21, 2026)