40 W Palm Beach Ct Miramar Beach, FL 32550
Miramar Beach NeighborhoodEstimated payment $8,142/month
Total Views
229
6
Beds
7
Baths
3,215
Sq Ft
$420
Price per Sq Ft
Highlights
- Beach
- In Ground Pool
- Contemporary Architecture
- Van R. Butler Elementary School Rated A-
- Deck
- Wood Flooring
About This Home
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 with ease - combining comfort and luxury throughout 6 separate bedrooms, 7 bathrooms, a private pool with an open deck grilling area, and a hot tub - for endless hours of outdoor enjoyment - all while being walking distance to beach access! Televisions in every bedroom and open living area as well as a game console for entertainment indoors. Wrap around balconies from multiple bedrooms and common areas, gorgeous kitchen with granite countertops, a gas stove, stainless appliances and plenty of cabinet space to create any of your culinary desires! The lower level living area has its own kitchenette. This property has literally everything in addition to being centrally located to dining, shopping and within a short walking distance to the community pool and your very own private access to world famous emerald coast beaches-truly a Florida paradise!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,718
Year Built
- Built in 2006
Lot Details
- Lot Dimensions are 55 x 89
- Back Yard Fenced
- Corner Lot
Home Design
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Stucco
Interior Spaces
- 3,215 Sq Ft Home
- 4-Story Property
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Great Room
- Living Room
- Bonus Room
- Exterior Washer Dryer Hookup
Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- Split Bedroom Floorplan
- En-Suite Primary Bedroom
- Dual Vanity Sinks in Primary Bathroom
- Shower Only in Primary Bathroom
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Deck
- Covered patio or porch
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Air
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 32-2S-21-42050-00A-0050
Community Details
Overview
- Frangista Beach 2Nd Addn Subdivision
Recreation
- Beach
Map
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Home Values in the Area
Average Home Value in this Area
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 | $11,718 | $1,644,059 | $450,000 | $1,194,059 |
| 2023 | $11,718 | $965,705 | $0 | $0 |
| 2022 | $10,733 | $1,470,186 | $283,050 | $1,187,136 |
| 2021 | $7,797 | $813,126 | $152,813 | $660,313 |
| 2020 | $7,243 | $725,549 | $116,504 | $609,045 |
| 2019 | $7,105 | $715,478 | $112,023 | $603,455 |
| 2018 | $6,738 | $675,754 | $0 | $0 |
| 2017 | $6,603 | $675,560 | $90,936 | $584,624 |
| 2016 | $6,297 | $659,600 | $0 | $0 |
| 2015 | $5,813 | $598,588 | $0 | $0 |
| 2014 | $5,393 | $549,620 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $1,350,000 | +42.1% | $420 / Sq Ft |
| 08/10/2019 08/10/19 | Sold | $949,750 | 0.0% | $295 / Sq Ft |
| 08/06/2019 08/06/19 | Pending | -- | -- | -- |
| 08/04/2019 08/04/19 | For Sale | $949,750 | -- | $295 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $949,800 | Attorney | |
| Warranty Deed | $374,000 | Stewart Acquire Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $933,400 | Commercial | |
| Closed | $664,825 | Commercial | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $870,000 | No Value Available |
Source: Public Records
Similar Home in Miramar Beach, FL
Source: Emerald Coast Association of REALTORS®
MLS Number: 977516
APN: 32-2S-21-42050-00A-0050
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