Lot 12 St Francis Drive, Miramar Beach, FL 32550

$455,000
Property Type: Land Lot Size (sq. ft.): 6,098 Status: Sold
Current Price: $549,900 List Date: 2/11/2025 Last Modified: 1/10/2026

Description

Seize this rare opportunity to build your custom beach home or a lucrative vacation rental in one of Miramar Beach's most highly sought-after gated communities! This exclusive Emerald Waters Village 'Villa' lot is uniquely zoned to accommodate two residences. This .14-acre corner lot is one of only two parcels in the whole subdivision that shares a boundary with only one other home, offering versatile design possibilities, including front, side, or rear entry. This unique feature makes it an exceptional investment opportunity for you to build your dream home with two completely detached structures, this could include a guest house or garage/guest house combination with plenty of room for a pool.

Supplements: Enjoy the prim location just a one-minute walk to one of the two private neighborhood pools and parks, complete with additional guest parking. Neighborhood amenities also include deeded beach access just a short walk, golf cart, or biking distance away. Don't miss this exceptional opportunity to own a home just off of Old Hwy 98 surrounded by top-tier shopping, dining, world-class golf courses, sugar white sandy beaches and the emerald waters of Florida's Gulf Coast.

More Information MLS# 968079

Status Change Info

Sold Price/Acre: 3250000 Status: Sold Under Contract Date: 2025-11-30 Sold Date: 2025-12-22 Sold Price: $455,000

Contract Info

Listing Board: Emerald Coast List Price/Acre: 3927857.14 List Date: 2025-02-06 List Price: $549,900

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 12 EMERALD WATERS VILLAGE PB 13-27 OR 2075-1155 OR 2851-2510 OR 2857-3703 OR 2974-2305 OR 3043-4807 OR 3280-2163

General Property Info

Sub-Type: Vacant Land Acreage: 0.14

Listing Info, Tax & Legal

Who Paid Doc Stamps: Seller Who Paid Title: Buyer Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 560 Annual Assessment Amount: 2240 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 400 New Buyer Fee Paid: $ Last Taxes: 1905.55 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Seize this rare opportunity to build your custom beach home or a lucrative vacation rental in one of Miramar Beach's most highly sought-after gated communities! This exclusive Emerald Waters Village 'Villa' lot is uniquely zoned to accommodate two residences. This .14-acre corner lot is one of only two parcels in the whole subdivision that shares a boundary with only one other home, offering versatile design possibilities, including front, side, or rear entry. This unique feature makes it an exceptional investment opportunity for you to build your dream home with two completely detached structures, this could include a guest house or garage/guest house combination with plenty of room for a pool.

Lot Features

Aerials/Topo Availbl: 1 Corner: 1 Cul-De-Sac: 1 Within 1/2 Mile to Water: 1

Project Facilities

Beach: 1 Deed Access: 1 Gated Community: 1 Pets Allowed: 1 Pool: 1 Short Term Rental - Allowed: 1

Lot Access

City Road: 1 Controlled Access: 1 Paved Road: 1

Utilities

Electric: 1 Gas Available: 1 Phone: 1 Public Sewer: 1 Public Water: 1 Tap Fee Due: 1 TV Cable: 1 Underground: 1

Zoning

Resid Single Family: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Management: 1 Recreational Faclty: 1 Security: 1 Trash: 1

None

Current Price: $455,000

Location Tax and Legal

Street #: Lot 12 Street Name: St Francis Street Suffix: Drive Area: 15 - Miramar/Sandestin Resort State: FL Zip Code: 32550 County: Walton Project Name/Subdivision: EMERALD WATERS VILLAGE Parcel ID: 29-2S-21-42970-000-0120

Property Features

Lot Access: City Road; Controlled Access; Paved Road Lot Features: Aerials/Topo Availbl; Corner; Cul-De-Sac; Within 1/2 Mile to Water Zoning: Resid Single Family Project Facilities: Beach; Deed Access; Gated Community; Pets Allowed; Pool; Short Term Rental - Allowed Utilities: Electric; Gas Available; Phone; Public Sewer; Public Water; Tap Fee Due; TV Cable; Underground Fees Include: Accounting; Ground Keeping; Management; Recreational Faclty; Security; Trash
Listing Office: Coldwell Banker Realty
Last Updated: January - 10 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.