Did you know that Miramar Beach was recently named a top small-town destination? It’s no surprise, as this stretch of the Gulf of Mexico offers an old-town Florida vibe, sugar-white sand beaches, and turquoise waters. This popular South Walton neighborhood has it all – from shopping and dining to scenic Gulf-view sidewalk strolls.
If you’ve been thinking about moving to a classic coastal town on the Gulf of Mexico, this could be the perfect place. This guide explains what you need to know about buying a home in Miramar Beach.
The Beauty of Miramar Beach
It’s important to understand that real estate market conditions in Florida remain strong, especially in Miramar Beach, which is in a desirable area of the Northwest Panhandle. The proximity to postcard-perfect beaches, world-class dining, culture, and shopping has made this a seller’s market, which means properties don’t stay on the market long.
As with all real estate, location is key. While many dream of owning a home right on the beach, it’s important to remember that this type of home ownership isn’t without some risk. The Florida panhandle has been ranked among the most hurricane-prone areas in the state, so owning property here requires the proper insurance coverage and annual hurricane season preparations.
If your Miramar Beach home won’t be your primary residence, you may consider hiring a property management company to tend to the property. It’s worth the investment to have a reliable company looking after your home in your absence.
Steps You Can Take to Own a Vacation Home of Your Own
The dream of owning your own Florida vacation home can easily become a reality with the help of an experienced real estate broker that specializes in finding homes in Miramar Beach. Start by connecting with a local agent who can help you understand the market and find the best home for your budget.
Speaking of budgets, it’s important to know what you can afford before you begin your search. Pre-qualify for financing and consider other costs like insurance, taxes, moving expenses, HOA dues and maintenance.
Now for the fun part! Consider what you want from your beach home. Do you want to have a view of the water or to be within strolling distance of the sea? Should your home be large enough to host family and guests for several days? Once you determine your needs, consult with a broker who will help you find a home that fits your needs.
Ready to Buy a Home?
Buying a beach home is a major commitment, particularly if you will be an absentee owner. But when you’re ready, the scenic Gulf paradise of Miramar Beach welcomes you. Rodos Advisors powered by eXp welcome the opportunity to help you find the perfect Miramar Beach home – contact us today to schedule an appointment.