23-27 St Francis Drive S, Miramar Beach, FL 32550
Local realty services provided by:Better Homes and Gardens Real Estate Historic
Listed by: abbott martin group
Office: exp realty llc.
MLS#:797368
Source:FL_BCMLS
Price summary
- Price:$1,865,000
- Price per sq. ft.:$512.64
- Monthly HOA dues:$196.67
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, 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....
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Home facts
- Year built:2004
- Subdivision & Development:Emerald Waters Village
- Listing ID #:797368
- Added:5 day(s) ago
- Updated:November 09, 2026 at 03:49 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:7
- Full bathrooms:5
- Half bathrooms:2
- Rooms Total:14
- Living area:3,638 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir, MultiUnits
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Clay, Tile
- Year built:2004
- Building area:3,638 sq. ft.
- Lot area:0.14 Acres
- Architectural Style:Mediterranean
- Construction Materials:Stucco
- Exterior Features:Outdoor Shower, Patio
- Levels:2 Story
Schools
- High school:South Walton
- Middle school:Emerald Coast
- Elementary school:Van R Butler
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,865,000
- Price per sq. ft.:$512.64
- Tax amount:$10,881 (2025)
Features and amenities
- Amenities:GatedCommunity
- Pool features:Community
Parking
- Garage:Yes
- Garage spaces:2
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