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Real Estate Prices & Overview

Sandestin median real estate price is $839,828, which is more expensive than 79.2% of the neighborhoods in Florida and 80.5% of the neighborhoods in the U.S.

The average rental price in Sandestin is currently $3,583, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.7% of the neighborhoods in Florida.

Sandestin is a suburban neighborhood (based on population density) located in Miramar Beach, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Sandestin real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Sandestin neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Sandestin. The current real estate vacancy rate here is 38.3%. This is higher than the rate of vacancies in 97.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (26.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Sandestin is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Sandestin is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, despite all of the residential real estate here in the Sandestin neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 38.3%, which is higher than 97.2% of all U.S. neighborhoods.

Furthermore, homes built from 2000 through today make up a higher proportion of the Sandestin neighborhood's real estate landscape than 95.1% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 66.3% of the residential real estate here is classified as newer.

People

If you are planning to retire in Florida, this neighborhood should be on your must-see list. For many reasons, Sandestin may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Florida, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.7% of neighborhoods in FL. If a Florida retirement is in your future, this neighborhood should be one of the places you visit.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Sandestin neighborhood may actually hold the key. 72.5% of its residents are married, which is a higher percentage than is found in 98.0% of the neighborhoods in America.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Sandestin neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.2% of all American neighborhoods.

Modes of Transportation

Our research shows that more people carpool to work here in the Sandestin (27.5%) than in 98.1% of the neighborhoods in America.

Diversity

Did you know that the Sandestin neighborhood has more Scottish and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.6% of this neighborhood's residents have Scottish ancestry and 2.9% have Brazilian ancestry.

Sandestin is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 95.0% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Sandestin neighborhood in Miramar Beach are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.1% of the neighborhoods in America. With 12.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.6% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Sandestin neighborhood, 43.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 36.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.5%), and 9.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Sandestin neighborhood is English, spoken by 89.7% of households.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Sandestin neighborhood in Miramar Beach, FL, residents most commonly identify their ethnicity or ancestry as German (14.3%). There are also a number of people of English ancestry (14.3%), and residents who report Scottish roots (9.6%), and some of the residents are also of Irish ancestry (9.5%), along with some Italian ancestry residents (8.6%), among others. In addition, 14.3% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Sandestin neighborhood spend under 15 minutes commuting one-way to work (41.3% of working residents), one of the shortest commutes across America.

Here most residents (56.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (27.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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