23-27 St Francis Drive S, Miramar Beach, FL 32550

$1,865,000
7
BD
7
BA

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List Price
$1,865,000
Status
ACTIVE
MLS#
797368
Subtype
Residential
Style
Mediterranean
Year Built
2004
Bedrooms
7
Bathrooms
7
Full Baths
5
Half Baths
2
Lot Size
6,098
Acres
0.14
Subdivision
Emerald Waters Village
Neighborhood
Walton - Miramar Beach
MLS Area Major
Walton County

Property Description

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, tile 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.

Additional Information

Interior Features
Main Level Primary
Exterior Features
Patio, Outdoor Shower
HOA Fee
$590
Property Description
Mediterranean
Zoning
Resid Single Family
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s), Multi Units
Exterior Construction
Stucco
Stories
2
Levels
Two
Roof
Clay, Tile
Garage Spaces
2
Elementary School
Van R Butler
Middle School
Emerald Coast
High School
South Walton

Listing courtesy of EXP Realty LLC.

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