23-27 St Francis Drive S, Miramar Beach, FL 32550 (MLS# 797368)

Acreage: 0.14

Design: Mediterranean

Lot Size (SqFt): 6098

Apx SqFt(Htd/Cooled): 3638

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 2

# of Stories in Building: 2

Accessory Dwelling Unit: No

Lot Dimensions: 104x71x92x70

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Driveway Spaces: 6

Pool: Yes

Pool Type: Community

Sub-Type: Detached Single Family

Bedrooms: 7

Full Baths: 5

Total Baths: 7

Year Built: 2004

List Price/SqFt: 512.64

Status: Active

List Date: 2026-10-30

List Price: $1,865,000

Current Price: $1,865,000

Sub Area: 1208 - Walton - Miramar Beach

Community/Resort: None

Waterfront: No

Elementary School: Van R Butler

Middle School: Emerald Coast

High School: South Walton

Directions: From US-98 (Emerald Coast Pkwy) in Miramar Beach, turn south onto S Holiday Rd. Go approx. 0.4 mile, then turn left onto St Francis Dr S into Emerald Waters Village. Property is just ahead, near the corner of S Holiday Rd.

Area: 12 - Walton County

Street #: 23-27

Street Name: St Francis Drive S

State: FL

Zip Code: 32550

County: Walton

Subdivision: Emerald Waters Village

Parcel ID: 29-2S-21-42970-000-0630

Legal Description: LOT 63 EMERALD WATERS VILLAGE PB 13-27 OR 2550-1334 OR 2914-4813 OR 3198-3736 OR 3284-3871 OR 3285-2030

Homestead: No

HOA Fee: Yes

HOA Amount: 590

HOA Frequency: Quarterly

HOA Annual Amount: 2360

New Buyer Fee: Yes

New Buyer Fee Amt: 400

New Buyer Fee Paid: $

Last Taxes: 10881.25

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: No

Remarks: 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.

First: 1

First: 1

First: 1

Floor - Tile: 1

Roof - Clay/Concrete: 1

Roof - Tile/Slate: 1

Siding - Stucco: 1

Fenced Privacy: 1

Shower: 1

Patio Open: 1

Management: 1

Recreational Faclty: 1

Cash: 1

Conventional: 1

VA: 1

Other: 1

Furnished: 1

Floor - Carpet: 1

First: 1

Corner Lot: 1

Covenants & Rescrictions: 1

Survey Available: 1

Within 1/2 Mile to Water: 1

Paved Road: 1

Private Road: 1

Driveway: 1

Garage Attached: 1

Resid Single Family: 1

Beach: 1

Pool: 1

Bedroom: 1

Dining Room: 1

Garage: 1

Kitchen: 1

Laundry: 1

Primary Bedroom: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

First: 1

Second: 1

Second: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Multi Units: 1

Central: 1

Electric: 1

Gated Community: 1