$1,399,000

Estimated payment $7,889/month

Total Views 7,022
5 Beds
3.5 Baths
2,160 Sq Ft
$648 Price per Sq Ft

Highlights

  • Beach
  • Deeded access to the beach
  • Beach House
  • Van R. Butler Elementary School Rated A-
  • In Ground Pool
  • Main Floor Primary Bedroom

About This Home

Investor Alert! This stunning 5-bedroom, 3.5-bath home in Frangista Beach offers exceptional vacation rental potential with NO HOA fees and a short walk to private, deeded beach access (with gate code). Located in the heart of Miramar Beach, you're just minutes from top-rated restaurants, shopping, and entertainment—making this a highly desirable rental location. The open-concept main living area features a modern kitchen with granite countertops and stainless steel appliances, ideal for hosting guests. Downstairs, you'll find a lock-out mother-in-law suite with a private entrance, full bathroom, and closet—perfect for multi-family bookings or added rental flexibility. The first floor also includes a spacious living room, half bath, and access to the private pool, providing a resort -style experience for guests. Upstairs, the master suite boasts a private balcony overlooking the pool, accompanied by two guest bedrooms, a bunk room, and a full bathoffering comfortable accommodations for large groups. Whether you're looking for a profitable short-term rental or a personal beach retreat with income potential, this home checks all the boxes.

Listing Agent

Shannyn Stevenson

Newman Dailey Resort Properties License #691585 Listed on: 05/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,188

Year Built

  • Built in 2024

Lot Details

  • Lot Dimensions are 59.84 x 75.90 x 60.54 x 66.52

Home Design

  • Beach House
  • Cement Board or Planked

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Air
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32-2S-21-42050-00B-003A

Community Details

Overview

  • Frangista Beach First Addn Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,188

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 59.84 x 75.90 x 60.54 x 66.52
  • Subdivision Name: FRANGISTA BEACH FIRST ADDN
  • Directions: From Scenic Gulf Drive, turn onto Miami Street then turn left onto Daytona Street, house is on the right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2024
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Pool Features: Pool - In-Ground, Pool Type
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Phone, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Pets Allowed

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 32-2S-21-42050-00B-003A
  • Zoning: Resid Single Family

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,188 $472,500 $472,500 --
2023 $3,188 $182,301 $0 $0
2022 $1,740 $212,288 $212,288 $0
2021 $1,597 $179,651 $179,651 $0
2020 $1,367 $136,965 $136,965 $0
2019 $1,256 $131,697 $131,697 $0
2018 $1,098 $110,114 $0 $0
2017 $1,060 $106,907 $106,907 $0
2016 $1,029 $102,795 $0 $0
2015 $1,028 $101,127 $0 $0
2014 $824 $79,942 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 For Sale $1,399,000 -- $648 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $217,500 Attorney
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $523,800 New Conventional
Closed $108,750 Commercial
Source: Public Records

Similar Homes in the area

  • 18 Lakeland Dr, Miramar Beach, FL 32550

    $1,275,000

    • 4 Beds
    • 4 Baths
    • 2,907 Sq Ft
    • 18 Lakeland Dr
    • Miramar Beach, FL

    Welcome to 18 Lakeland Drive, located in the heart of Miramar Beach. Nestled within the exquisite Frangista Beach community, this stunning home boasts 3 bedrooms, a bunk room, and 4 full bathrooms, making it the perfect primary residence, secondary home, or rental property.As you step inside, the bright and airy open concept immediately captures your attention, flooded with natural light

    Dahler & Co. Scenic Sotheby's International Realty

    Section Image
  • 43 Calla Way, Miramar Beach, FL 32550

    $1,550,000

    • 7 Beds
    • 6.5 Baths
    • 3,708 Sq Ft
    • 43 Calla Way
    • Miramar Beach, FL

    A rare opportunity, priced to move.Tucked beside a peaceful fishing pond, 43 Calla Way is a standout offering in The Retreat, a private gated community of just 27 homes. One of only four residences with direct pond access and private entry to the community pool, this home offers a unique blend of privacy, comfort, and resort-style living.Designed with second home owners and guests

    Christopher Harper LPT Realty LLC

    Section Image
  • 2031 Pine Island Cir, Miramar Beach, FL 32550

    $1,344,400

    • 5 Beds
    • 5.5 Baths
    • 3,348 Sq Ft
    • 2031 Pine Island Cir
    • Miramar Beach, FL

    Not your typical Crystal Lake home—this is the larger floor plan with space to gather, relax, and make memories in Sandestin® Resort! Featuring a rare heated & cooled garage, oversized driveway for 5+ cars, and a private carriage house with studio and full kitchen—perfect for guests or extended stays. Inside, enjoy an updated kitchen with gas stove, beautiful baths, and main-level suite. Upstairs

    Jennifer Crawford Keller Williams Realty SRB

    Section Image
  • 182 My Way, Santa Rosa Beach, FL 32459

    $1,695,000

    • 3 Beds
    • 3 Baths
    • 2,877 Sq Ft
    • 182 My Way
    • Santa Rosa Beach, FL

    Property does have executed Kickout Clause with 72 hour period.Your Way to My Way — Up to $350K in Seller Financing Offered.Where Serenity Meets the Bayou - Welcome to 182 My Way Tucked away along the tranquil, deep waters of Buck Bayou in Santa Rosa Beach, this waterfront retreat isn't just a home—it's a way of life. The rhythm of the tides sets the pace for your days,

    Anna LaNeve Vice Scenic Sotheby's International Realty

    Section Image
  • 40 W Palm Beach Ct, Miramar Beach, FL 32550

    $1,199,000

    • 6 Beds
    • 7 Baths
    • 3,215 Sq Ft
    • 40 W Palm Beach Ct
    • Miramar Beach, FL

    Welcome to your Miramar Beach dream home with built-in equity! With the lowest price per sqft and the lowest price per bedroom on the market! This turn-key vacation home or vacation rental includes private deeded Beach access - WITHOUT the HOA fees! $15K in rentals in May 2025, and solid bookings for the next 3 months - averaging $20K per month! This property can accommodate family and guests

    Dawn Burt Keller Williams Success Realty

    Section Image
  • 91 Miami St, Miramar Beach, FL 32550

    $1,545,000

    • 4 Beds
    • 4 Baths
    • 2,560 Sq Ft
    • 91 Miami St
    • Miramar Beach, FL

    Welcome to Frangista Breeze, a stunning island-style retreat just steps from the sugar-white sands of the Gulf, located in the heart of highly sought-after Frangista Beach. This beautifully updated vacation home features a private heated pool and spa, multiple balconies with Gulf and pool views, and a layout designed for both relaxation and entertainment. The first floor offers

    Spears Group Compass

    Section Image
  • 30 Los Angeles St, Miramar Beach, FL 32550

    $1,695,000

    • 5 Beds
    • 6 Baths
    • 2,597 Sq Ft
    • 30 Los Angeles St
    • Miramar Beach, FL

    Welcome to Frangista Dunes, where coastal charm meets modern elegance in the heart of Frangista Beach. Just a short stroll from the sugar-white sand and emerald waters of the Gulf, this spacious beach retreat offers a private resort-style pool with a jetted spa and a fully equipped poolside cabana with a kitchenette, perfect for outdoor dining and entertaining. Inside, the home is

    Spears Group Compass

    Section Image
  • 66 Los Angeles St, Miramar Beach, FL 32550

    $1,350,000

    • 5 Beds
    • 4 Baths
    • 2,415 Sq Ft
    • 66 Los Angeles St
    • Miramar Beach, FL

    Here is your chance to own this magnificent totally turnkey two-story, 5-bed, 4-bath home in sought after Frangista Beach. Just one block to the beach and community pool right next door. This gem has all new furnishings and golf cart with a versatile floor plan. With two separate living spaces, each boasting its own private entry, this residence is perfect for families seeking both togetherness

    Peter Appezzato EXP Realty LLC

    Section Image
  • 107 Sarasota St, Miramar Beach, FL 32550

    $1,160,000

    • 3 Beds
    • 3.5 Baths
    • 2,045 Sq Ft
    • 107 Sarasota St
    • Miramar Beach, FL

    Coastal Elegance Meets Rental Potential, welcome to This Perfect Gulf Coast Getaway in desirable Frangista Beach, designed for relaxation and investment potential. This beautifully furnished home blends coastal charm with modern comfort, offering a perfect escape just steps from the beach. From the moment you arrive, the inviting white front porch welcomes you. Sip your morning coffee or evening

    Mike Herring Keller Williams Realty SRB

    Section Image

Source: Emerald Coast Association of REALTORS®

MLS Number: 975255

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42050-00B-003A