116 Sarasota Street, Miramar Beach, FL 32550

New Listing
$2,600,000
Property Type: Residential Bedrooms: 9 Baths: 8 Square Footage: 5,880 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $2,600,000 List Date: 3/09/2026 Last Modified: 3/13/2026

Description

Big and bold, spanning 5,880 square feet! This four-story beach retreat with a heated and cooled crow's nest offers nine bedrooms, eight bathrooms, and a layout designed with vacation living in mind. Located in Frangista Beach, this property creates flexible sleeping arrangements and multiple gathering spaces that make hosting large groups both comfortable and practical. The first floor is all about fun and function. The entertainment area features a pool table and full-size refrigerator, making it the perfect hangout zone after a day in the sun. Two bunk rooms and two additional bedrooms are located on this level. One bunk room connects via a Jack-and-Jill bath to a neighboring bedroom that could easily be used as an office or flex space.

Supplements: Another bedroom enjoys a private ensuite bath, while the second bunk room has private access to a shared hallway bath. A spacious laundry room on this floor provides room for extra storage, an often overlooked but valuable feature for short-term rental turnover. Step outside to your own private pool and spa, complete with a dedicated grilling area, creating a natural extension of the entertainment space. The second floor serves as the heart of the home, with an open-concept living, dining, and kitchen area designed for gathering. The kitchen offers abundant cabinet storage, expansive granite countertops, a breakfast bar, pantry, and double dishwashers, an ideal setup for large groups. From the living area, step out onto the covered balcony for added indoor-outdoor living. Two guest bedrooms are also located on this level: one with a private ensuite bath and another with private access to the shared hallway bath. On the third floor, you'll find two primary suites, each with its own private bathroom. One features a double vanity and a seating nook within the bath area and the closet. The second primary offers a deep walk-in closet, private covered balcony, double vanities, and a separate walk-in shower and jetted tub. An additional guest bedroom with a private ensuite bath and a conveniently located laundry closet complete this level. At the top of a spiral staircase, the heated and cooled crow's nest provides a unique bonus space currently used as a tenth sleeping area. From here, enjoy access to a third covered balcony as well as a spacious open-air patio at the rear of the home. Currently operating as a short-term rental, this property offers substantial income potential and the flexibility to continue as an investment property or transform into a private coastal retreat. Its creative layout maximizes sleeping capacity and gathering space, making it particularly well-suited for large groups seeking both connection and comfort. Beach access can be found at the gated entrance of Hollywood Street. Frangista Beach is located right in the heart of Miramar Beach within close proximity to many great dining and shopping options. Surf Hut, Royal Palm Grill, Whale's Tail, Pompano Joe's, Acme Oyster House, Two Birds Cafe, Seascape Towne Center, Silver Sands Outlets, and much much more.

More Information MLS# 997411

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 442.18 List Date: 2026-03-09 Current Price: $2,600,000 List Price: $2,600,000

Location, Tax and Legal

Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton Legal Description: LOT 15 BLK C FRANGISTA BEACH 1ST ADD PB 2-55 OR 2634-4754 OR 2657-4352 OR 2779-1857 OR 3051-497 OR 3156-3757

General Property Info

Sub-Type: Detached Single Family Design: Mediterranean SqFt Source: County PA Records Immediate Occupancy: Yes Garage: No Carport: No Driveway Spaces: 6 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 5880 Bedrooms: 9 Full Baths: 8 Total Bathrooms: 8 # Stories: 4 Year Built: 2005 Acreage: 0.11

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 16701.44 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Big and bold, spanning 5,880 square feet! This four-story beach retreat with a heated and cooled crow's nest offers nine bedrooms, eight bathrooms, and a layout designed with vacation living in mind. Located in Frangista Beach, this property creates flexible sleeping arrangements and multiple gathering spaces that make hosting large groups both comfortable and practical. The first floor is all about fun and function. The entertainment area features a pool table and full-size refrigerator, making it the perfect hangout zone after a day in the sun. Two bunk rooms and two additional bedrooms are located on this level. One bunk room connects via a Jack-and-Jill bath to a neighboring bedroom that could easily be used as an office or flex space.

Construction Status

Construction Complete: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Within 1/2 Mile to Water: 1

Project Facilities

Beach: 1 Deed Access: 1

Construction/Siding

Frame: 1 Slab: 1 Stucco: 1

Utilities

Electric: 1 Phone: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 BBQ Pit/Grill: 1 Columns: 1 Fenced Lot-Part: 1 Patio Covered: 1 Patio Open: 1 Pool - Heated: 1 Pool - In-Ground: 1 Porch: 1 Porch Open: 1 Shower: 1 Yard Building: 1

Interior

Breakfast Bar: 1 Ceiling Crwn Molding: 1 Floor Vinyl: 1 Furnished - All: 1 Lighting Recessed: 1 Owner's Closet: 1 Pantry: 1 Shelving: 1 Split Bedroom: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Financing

Conventional: 1

Appliances

Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Oven Self Cleaning: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Smooth Stovetop Rnge: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1 Water Heater - Two +: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBath Whirlpool: 1 MBed Balcony: 1 MBed Walk-in Closet: 1

Master Bedroom

Third: 1

Bedroom

First: 1 Second: 1 Third: 1

Kitchen

Second: 1

Rooms

Bedroom: 1 Dining Room: 1 Family Room: 1 Kitchen: 1 Master Bedroom: 1 Play Room: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 116 Street Name: Sarasota Street Suffix: Street State: FL Zip Code: 32550 County: Walton Project Name/Subdivision: FRANGISTA BEACH Parcel ID: 32-2S-21-42040-00C-0150

Property Features

Construction Status: Construction Complete Lot Features: Within 1/2 Mile to Water Zoning: Resid Single Family Project Facilities: Beach; Deed Access Exterior: Balcony; BBQ Pit/Grill; Columns; Fenced Lot-Part; Patio Covered; Patio Open; Pool - Heated; Pool - In-Ground; Porch; Porch Open; Shower; Yard Building Interior: Breakfast Bar; Ceiling Crwn Molding; Floor Vinyl; Furnished - All; Lighting Recessed; Owner's Closet; Pantry; Shelving; Split Bedroom; Washer/Dryer Hookup; Window Treatment All Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric; Washer Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect; Water Heater - Two + Master Bedroom: Third Bedroom: First; Second; Third Kitchen: Second Rooms: Bedroom; Dining Room; Family Room; Kitchen; Master Bedroom; Play Room Financing: Conventional

Room Information

Family Room Level: First Dimensions: 20.75 x 15.41 Length: 20.75 Width: 15.41 Dimensions: 20.75 x 15.41 Bedroom Level: First Dimensions: 13.08 x 12.41 Length: 13.08 Width: 12.41 Dimensions: 13.08 x 12.41 Bedroom Level: First Dimensions: 12.66 x 11.25 Length: 12.66 Width: 11.25 Dimensions: 12.66 x 11.25 Bedroom Level: First Dimensions: 12.91 x 11.25 Length: 12.91 Width: 11.25 Dimensions: 12.91 x 11.25 Dining Room Level: Second Dimensions: 33.83 x 26.58 Length: 33.83 Width: 26.58 Dimensions: 33.83 x 26.58 Bedroom Level: Second Dimensions: 13.41 x 12.91 Length: 13.41 Width: 12.91 Dimensions: 13.41 x 12.91 Bedroom Level: Second Dimensions: 15.33 x 13.66 Length: 15.33 Width: 13.66 Dimensions: 15.33 x 13.66 Master Bedroom Level: Third Dimensions: 17.66 x 11.25 Length: 17.66 Width: 11.25 Dimensions: 17.66 x 11.25 Bedroom Level: Third Dimensions: 15.16 x 14.66 Length: 15.16 Width: 14.66 Dimensions: 15.16 x 14.66 Bedroom Level: Third Dimensions: 13.16 x 12.91 Length: 13.16 Width: 12.91 Dimensions: 13.16 x 12.91 Kitchen Level: Second Dimensions: 13.58 x 10.75 Length: 13.58 Width: 10.75 Dimensions: 13.58 x 10.75 Play Room Level: Fourth Dimensions: 13 x 17 Length: 13.00 Width: 17.00 Dimensions: 13 x 17
Listing Office: Gulf Realty 30A LLC
Last Updated: March - 13 - 2026
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