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ActiveNewResidential

$1,865,000

$513 per sq ft Est. $11,129/mo

23-27 St Francis Drive S

23-27 St Francis Drive S, Miramar Beach, Florida 32550 Map

  • 7Beds
  • 7Baths
  • 3,638Sq ft
  • 2004Built

Listed by: EXP Realty LLC (850) 460-2900

At a glance

  • Property typeResidential
  • StatusActive
  • Year built2004
  • Lot size0.14 acres
  • MLS #1014586

About this home

TWO HOMES. ONE EXCEPTIONAL OPPORTUNITY. Located within gated Emerald Waters Village, these two single-family homes offer one taxable parcel, one HOA assessment, and the potential for two rental income streams all within walking distance of deeded beach access. Rent both homes, enjoy one while renting the other, or create a two-home compound with the convenience of separate living spaces.Offering a combined 7 bedrooms, both homes feature main-floor living areas and primary suites, with easy-to-maintain outdoor spaces ideal for entertaining, with potential to add a private pool. One home is fully renovated with all-new stainless steel appliances, LVP flooring, and quartz countertops, while the second is turn key with opportunities for future enhancements.A neighborhood path leads to deeded beach access, where you can enjoy the sugar-white sand and emerald waters of Miramar Beach. Community amenities include gated entry, two pools, green space, and overflow parking. Conveniently located near Pompano Joe's, The Whale's Tail Beach Bar & Grill, and Silver Sands Premium Outlets, you're close to beachfront dining, shopping, and entertainment.Whether you're growing your vacation-rental portfolio or looking for a beach retreat with income potential, this two-home offering gives you options.

Details

Price
$1,865,000
Property type
Residential
Status
Active
Bedrooms
7
Bathrooms
7
Full baths
5
Half baths
2
Living area
3,638 sq ft
Acres
0.14
Year built
2004
City
Miramar Beach
County
Walton
State
Florida
Zip
32550
MLS #
1014586

Location

What would it cost each month?

Estimated monthly payment

$11,129

Loan payment
$9,430
Property tax
$1,399
Insurance
$300
HOA / condo dues
$0
Amount borrowed
$1,492,000

Estimates only, for planning. Your rate, taxes, insurance and dues will differ. Ask a licensed lender for a quote.

Listed by: EXP Realty LLC (850) 460-2900

MLS

&copy 2026 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but is not guaranteed. Data last updated: Saturday, October 31st, 2026?03:31:02 AM.
Data services provided by IDX Broker

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$4,500,000 4 bd · 5 ba · 5,318 sq ft

Listed by: The Agency Northwest Florida Beaches (850) 598-6440

$1,865,000 Active
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