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$2,550,000
Property 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. 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.
Full Property Details
Full Property Details for 116 Sarasota St
General
- Price: $2,550,000
- Taxes: $16,701 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 997411
- Updated: 4/13/2026
- Added to Site: 40 day(s) ago
Rental Information
- Complex Features: Beach, Deed Access
Interior
- Number of Rooms: 12
- Interior Features: Breakfast Bar, Ceiling Crwn Molding, Lighting Recessed, Owner's Closet, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookup
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 9
Additional Information
- Pool: Yes
- Pool Description: Pool - Heated, Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Columns, Shower, Yard Building
- Porch/Patio/Deck: Patio Covered, Patio Open, Porch, Porch Open
Location
- Area: 15 - Miramar/Sandestin Resort
- County: Walton
- Subdivision: FRANGISTA BEACH
- Driving Directions: From Scenic Gulf Drive - head North on Hollywood Street. Make 2nd right onto Sarasota Street. House is 2nd on the north side.
School Information
- Elementary School: Van R Butler
- Middle School: Emerald Coast
- High School: South Walton
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Phone, Public Water, TV Cable
Structural Information
- Architectural Style: Mediterranean
- Construction: Frame, Stucco
- Exterior Const.: Frame, Stucco
- Stories/Levels: 4
- Square Feet: 5,880
- Sq. Ft. Source: County PA Records
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Lot Dimensions: 50 x 100
- Street/Road Desc.: Paved
- Lot Features: Within 1/2 Mile to Water
- Zoning: Resid Single Family
- Fencing (Description): Fenced Lot-Part
Financial Considerations
- Tax Amount: $16,701.44
- Tax Year: 2025
Disclosures and Reports
- 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
- APN: 32-2S-21-42040-00C-0150
- Property ID: 32-2S-21-42040-00C-0150
Listed by Gulf Realty 30A LLC
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Schools
Schools serving 116 Sarasota St
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Van R. Butler Elementary School 6694 West County Highway 30A, Santa Rosa Beach, FL 32459 | K-5 | 7.1 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 15.9 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 11.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Sarasota St
Date
Details
Price
Change
Source
3/09/2026
Listed
$2,550,000
108.16%
MLS
8/24/2020
Sold
$1,225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Sarasota St
116 Sarasota Street, Miramar Beach, FL 32550 (MLS# 997411) is a Single Family property with 9 bedrooms and 8 full bathrooms. 116 Sarasota Street is currently listed for $2,550,000 and was received on March 09, 2026. Want to learn more about 116 Sarasota Street? Do you have questions about finding other Single Family real estate for sale in Miramar Beach? You can browse all Miramar Beach real estate or contact a Coldwell Banker agent to request more information.
