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$1,595,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 2,872 Sq. Ft.
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Rental Powerhouse with Outdoor Oasis! Solace Beach House is what investment dreams are made of! With over $120K in 2025 rental income year-to-date, this property is a proven performer. Set on one of the largest lots in Emerald Waters, it boasts a 1,500+ sq. ft. outdoor oasis with a new brick-paver patio, two gazebos, covered living and dining, hot tub, fire pit, giant outdoor chess, and a private gated path to the community pool. Inside you'll find three private king suites plus a third-floor game room and lounge with two bunk rooms--perfect for families. Conveniently located beside the community pool, guests enjoy all the perks of a private pool without the upkeep. Emerald Waters is an exclusive gated community with a private walkway to deeded beach access and two community pools.

Full Property Details for 238 N St Francis Dr N

General

  • Price: $1,595,000
  • Taxes: $9,851 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 986538
  • Updated: 10/4/2025
  • Added to Site: 109 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Bonus Room, Bunk Room, Kitchen, Living Room, Master Bedroom
  • Interior Features: Breakfast Bar, Furnished - All, Pantry, Renovated, Window Treatment All

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Living Room: Living Room
  • Kitchen: Kitchen

Additional Information

  • Shared Amenities: Beach, Gated Community, Pool, Short Term Rental - Allowed
  • Pool: Yes

Exterior

  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Lot-Part, Fireplace, Hot Tub, Patio Covered, Patio Open, Renovated, Shower

Location

  • Area: 15 - Miramar/Sandestin Resort
  • County: Walton
  • Subdivision: Emerald Waters
  • Driving Directions: From 98 turn south on Holiday Rd and then left into Emerald Waters. Gated community call listing agent for gate code.

School Information

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

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect

Utilities

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

Structural Information

  • Architectural Style: Beach House
  • Construction: Roof Metal, Siding CmntFbrHrdBrd
  • Stories/Levels: 3
  • Square Feet: 2,872
  • Sq. Ft. Source: County PA Records
  • Year Built: 2005

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Dimensions: IRR
  • Lot Features: Cul-De-Sac, Within 1/2 Mile to Water
  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $560
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $9,851
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: LOT 1 OF EMERALD WATERS VILLAGE PB 13-27 OR 2572-1336 OR 2589-7 OR 2622-4753 OR 2632-4954 OR 2751-3303 OR 2838-3525 OR 3248-1432 OR 3288-4340
  • Assessment: Yes
  • APN: 29-2S-21-42970-000-0010

Listed by Newman Dailey Resort Properties

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Listing agent

— 238 N St Francis Dr N —

  • Newman Dailey Resort Properties

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 238 N St Francis Dr N

School District:Walton County School District
NameGradesDistance
Van R. Butler Elementary School
6694 West County Highway 30A, Santa Rosa Beach, FL 32459
K-57.2 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-816 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-1211.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 238 N St Francis Dr N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2025
Listed
$1,595,000
20.38%
MLS
5/04/2023
Sold
$1,325,000
—
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 238 N St Francis Dr N

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,852
—
$975,125
-10%
2024
$9,852
—
$1,078,567
-1%
2023
$9,885
57%
$1,087,935
64%
2021
$6,277
-15%
$663,892
-27%
2022
$7,414
18%
$915,052
59%
2021
$6,277
16%
$575,738
9%
2019
$5,431
5%
$526,072
10%
2018
$5,162
20%
$478,247
10%
2017
$4,309
1%
$434,770
2%
2016
$4,261
3%
$425,839
4%
2015
$4,154
2%
$408,628
4%
2014
$4,061
5%
$393,916
5%
2013
$3,873
—
$373,416
—
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.

Estimate the Cost for 238 N St Francis Dr N

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NMLS#: 1598647

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Listed by Newman Dailey Resort Properties

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238 N St Francis Drive N, Miramar Beach, FL 32550 (MLS# 986538) is a Single Family property with 5 bedrooms and 4 full bathrooms. 238 N St Francis Drive N is currently listed for $1,595,000 and was received on October 01, 2025. Want to learn more about 238 N St Francis Drive N? 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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