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$2,495,000 Just Listed

  • For Sale
  • Active
  • Residential Lots
  • 0.32 Acres
  • Updated 11 hours ago
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This premium, approximately 0.3-acre homesite sits just steps from the beach access directly across the street, offering exceptional redevelopment potential in the absolute heart of Miramar Beach. What truly sets this parcel apart is its distinct natural elevation. This unique topography provides excellent natural drainage, enhanced privacy, and potentially superior view corridors for your future build. The estate-sized footprint offers ample space to design a sprawling custom coastal estate, a high-performing investment property, or a private second-home oasis with room for a pool and extensive outdoor living areas. Additionally, the grounds are already framed by beautifully established landscaping, including mature palms and shade trees, providing an instant, high-end tropical foundation that would take years to cultivate from scratch. Please note that there is an existing, structurally sound home on the parcel. Buyers have the flexibility to use the existing structure, remodel, or clear the site entirely to make way for a brand new architectural masterpiece. All redevelopment plans, zoning, and building uses are subject to buyer verification. Do not miss this rare chance to secure an elevated beachside canvas in a premier location.

Full Property Details for 119 Norwood Dr.

General

  • Price: $2,495,000
  • Taxes: $3,699 (2025)
  • Status: Active
  • Type: Residential Lots
  • Source: Emerald_Coast
  • MLS ID: 1007277
  • Updated: 7/9/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Complex Features: Beach

Location

  • Area: 15 - Miramar/Sandestin Resort
  • County: Walton
  • Subdivision: METES & BOUNDS
  • Driving Directions: Heading east on Scenic 98, take a right onto Norwood Drive, and the home/lot will be on the left.

School Information

  • Elementary School: Van R Butler
  • Middle School: Emerald Coast
  • High School: South Walton

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Gas - Natural, Public Water

Structural Information

  • Construction: Block, Concrete, Stucco
  • Exterior Const.: Block, Concrete, Stucco

Lot Features

  • Property View: Gulf
  • Lot Size (Acres): 0.32
  • Lot Size (Sq. Ft.): 13,939.2
  • Lot Dimensions: 125 x 112
  • Frontage: County Road
  • Lot Features: Corner, Within 1/2 Mile to Water
  • Zoning: Resid Single Family

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Acre: $7,796,875
  • Tax Amount: $3,699.29
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Pre-Foreclosure
  • Legal Description: W2 Of: Com 847.85 Ft W Of Ne/C Of Sec S 02 Deg 43' W 743.88 Ft For Pob, S 02 Deg 43' W 146 Ft, N 87 Deg 17' W 224.1 Ft To E Bdry Of Norwood Dr N 02 Deg 43' E 146 Ft S 87 Deg 17' E 224.1 Ft To Pob. Or 878-110 Or 1510-85 Less The N 20 Ft Of Above To Walton Co Or 2080-106 Or 2903-4744 Or 3003-804 Or 3270-4576
  • APN: 33-2S-21-42000-016-0010
  • Property ID: 33-2S-21-42000-016-0010

Listed by Coastal Abode

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— 119 Norwood Dr. —

  • Coastal Abode

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 119 Norwood Dr.

School District:Walton County School District
NameGradesDistance
Van R. Butler Elementary School
6694 West County Highway 30A, Santa Rosa Beach, FL 32459
K-55.4 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-814.2 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-1210.1 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 119 Norwood Dr. Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/09/2026
Listed
$2,495,000
442.39%
MLS
10/29/2012
Sold
$460,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 119 Norwood Dr.

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,574
—
$417,823
-1%
2024
$3,574
10%
$420,467
9%
2023
$3,246
15%
$385,797
24%
2021
$2,828
-10%
$310,280
-19%
2022
$3,150
11%
$382,047
32%
2021
$2,828
12%
$289,943
28%
2019
$2,530
23%
$226,861
10%
2018
$2,056
2%
$206,237
1%
2017
$2,019
1%
$203,741
2%
2016
$2,001
2%
$199,977
4%
2015
$1,964
1%
$193,186
2%
2014
$1,948
9%
$188,980
10%
2013
$1,788
—
$172,330
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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119 Norwood Drive, Miramar Beach, FL 32550 (MLS# 1007277) is a Residential Lots property with a lot size of 0.32 acres. 119 Norwood Drive is currently listed for $2,495,000 and was received on July 09, 2026. Want to learn more about 119 Norwood Drive? Do you have questions about finding other Residential Lots 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.

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