Miramar Beach, Walton County, Florida Property Taxes

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Property Taxes in Miramar Beach, Florida

Median Miramar Beach, Florida effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, and lower than the Florida state median of 1.10%.
Median Miramar Beach, Florida home value: $577,021
Median annual Miramar Beach, Florida tax bill: $4,254, $1,854 higher than the national median property tax bill of $2,400.

How are property taxes in Walton calculated?

Property taxes in Miramar Beach, Florida are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Miramar Beach's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Miramar Beach, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Miramar Beach, Walton County, Florida Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.78%

Estimate Property Tax Bill

$4,501

$4,177

How Does the Miramar Beach Property Tax Calculator Work?

Use this Miramar Beach property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Miramar Beach's median effective tax rate of 0.78% — based on actual property records in Walton County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Miramar Beach's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Miramar Beach: rates range from 0.78% in 32550 to 0.78% in 32550, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Miramar Beach.

About Miramar Beach Property Taxes

About Property Taxes in Miramar Beach, Walton, Florida

Miramar Beach’s median effective property tax rate of 0.78% is lower than the Florida state median of 1.10% and lower than the national median of 1.02%. This rate reflects the Walton County base levy combined with local school district levies and Municipal Service Benefit Units (MSBUs) that vary by subdivision throughout the city.

Property tax rates are not uniform across Miramar Beach. Homeowners in the 32550 ZIP code carry a median effective rate of 0.78%, and those in the same ZIP code pay 0.78%. This spread reflects how school district boundaries and local assessment districts are drawn across Walton County. Understanding which part of Miramar Beach you live in can make a meaningful difference to your annual tax bill.

Miramar Beach homeowners who believe their assessed value is too high can file a formal appeal with the local Property Appraiser before the September 15, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Miramar Beach, Walton County, Florida

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Miramar Beach's effective property tax rate to other cities in Florida and the median property tax rates in Florida and the U.S.

Property Tax Rates Across Miramar Beach, Walton County, Florida

Source: Ownwell

0.45%

0.61%

0.78%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Miramar Beach Tax Rate

0.78%

Median Effective Walton County Tax Rate

0.74%

Median Effective Florida Tax Rate

1.10%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Miramar Beach, Walton County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
32550	0.46%	0.70%	0.78%	0.84%	0.91%

Source: Ownwell

Property Tax Assessment Values Across Miramar Beach, Walton County, Florida

When examining property taxes in Miramar Beach, understanding the distinction between "market value" and "assessed value" is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Walton County appraisal district estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Walton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Miramar Beach.

For example, the median home price in Miramar Beach is $577,021, with tax bills ranging significantly across the county. 32550 has the highest median home price at $577,021.

Property Tax Assessment Values Across Miramar Beach, Walton County, Florida

Source: Ownwell

$59,290

$654,110

$1,248,930

Median Miramar Beach Market Value

$577,021

Median Walton County Market Value

$478,810

Median Florida Market Value

$310,033

Median United States Market Value

$235,294

Property Tax Assessment Values Across Miramar Beach, Walton County, Florida

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
32550	$290,493	$407,925	$577,021	$858,748	$1,457,190

Source: Ownwell

Property Tax Bills Across Miramar Beach, Walton County, Florida

Property tax bills in Miramar Beach are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value and any exemptions that may reduce the taxable amount. For homeowners, this means the final bill can vary widely depending on how the property is valued and which taxing authorities apply to the home.

With a median home price of $577,021, property taxes can be a significant part of ownership costs. The median tax bill in the area is $4,254, which is higher than the national median property tax bill of $2,400. Bills also vary across homes, with the 25th percentile at $2,828, the 75th percentile at $6,290, and the 90th percentile reaching $10,621.

Because taxes are tied to assessed value, homeowners with similar homes may still pay different amounts if their assessments or exemptions differ.

Property Tax Bills Across Miramar Beach, Walton County, Florida

Source: Ownwell

$302

$4,430

$8,557

Median Miramar Beach Tax Bill

$4,254

Median Walton County Tax Bill

$3,340

Median Florida Tax Bill

$3,263

Median United States Tax Bill

$2,400

Property Tax Bills Across Miramar Beach, Walton County, Florida

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
32550	$1,774	$2,828	$4,254	$6,290	$10,621

Source: Ownwell

Don't miss the deadline to petition!

Dates
Property Valuation Date	January 1
Appeal Deadline	September 15
Tax Bill
Issued	November 1

Links
Walton Property Appraiser
Website	beacon.schneidercorp.com

Frequently Asked Property Tax Questions in Miramar Beach, Florida

How are property taxes calculated in Miramar Beach, Florida?

Property taxes in Miramar Beach, Florida are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Miramar Beach, Florida?

To appeal your property taxes in Miramar Beach, Florida, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Miramar Beach, Florida?

Common property tax exemptions in Miramar Beach, Florida include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Miramar Beach, Florida?

Property tax deadlines in Miramar Beach, Florida vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Miramar Beach, Florida?

Ownwell provides professional property tax appeal services in Miramar Beach, Florida. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.