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$1,865,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 7 Beds
  • 5 Full Baths
  • 2 Partial Baths
  • 3,638 Sq. Ft.
  • Updated 1 day ago
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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, LVP 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.

Full Property Details for 23-27 St Francis Dr S

General

  • Price: $1,865,000
  • Taxes: $10,881 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1014586
  • Updated: 10/30/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: Beach, Deed Access, Pool

Interior

  • Number of Rooms: 14
  • Flooring: Floor Tile, Floor WW Carpet

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type

Exterior

  • Exterior Features: Shower
  • Porch/Patio/Deck: Patio Open

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2

Location

  • Area: 15 - Miramar/Sandestin Resort
  • County: Walton
  • Subdivision: Emerald Waters Village
  • Driving 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.

School Information

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

Community

  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans, Central Air
  • Heating/Cooling: Ceiling Fans, Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Public Water

Structural Information

  • Architectural Style: Mediterranean
  • Construction: Frame, Stucco
  • Exterior Const.: Frame, Stucco
  • Stories/Levels: 2
  • Square Feet: 3,638
  • Sq. Ft. Source: County PA Records
  • Year Built: 2004

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098.4
  • Lot Dimensions: 104 x 71 x 92 x 70
  • Frontage: Private Road
  • Street/Road Desc.: Paved
  • Lot Features: Corner, Covenants, Survey Available, Within 1/2 Mile to Water
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced Privacy

Financial Considerations

  • Tax Amount: $10,881.25
  • Tax Year: 2025

Disclosures and Reports

  • 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
  • APN: 29-2S-21-42970-000-0630
  • Property ID: 29-2S-21-42970-000-0630

Listed by EXP Realty LLC

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Listing agents

— 23-27 St Francis Dr S —

  • EXP Realty LLC

  • EXP Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 23-27 St Francis Dr S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/30/2026
Listed
$1,865,000
28.62%
MLS
3/20/2023
Sold
$1,450,000
—
Public Record
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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 23-27 St Francis Dr S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,098
—
$1,204,250
-16%
2024
$13,098
6%
$1,433,965
-5%
2023
$12,360
61%
$1,516,406
85%
2021
$7,693
-25%
$819,531
-26%
2022
$10,303
34%
$1,111,763
59%
2021
$7,693
16%
$700,515
10%
2019
$6,611
6%
$637,704
10%
2018
$6,224
19%
$579,731
10%
2017
$5,224
3%
$527,028
4%
2016
$5,093
1%
$508,918
3%
2015
$5,027
3%
$494,589
4%
2014
$4,904
3%
$475,668
4%
2013
$4,754
—
$458,264
—
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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Listed by EXP Realty LLC

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23-27 St Francis Drive S, Miramar Beach, FL 32550 (MLS# 1014586) is a Single Family property with 7 bedrooms, 5 full bathrooms and 2 partial bathrooms. 23-27 St Francis Drive S is currently listed for $1,865,000 and was received on October 30, 2026. Want to learn more about 23-27 St Francis Drive S? 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.

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