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$455,000
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Property Description
Seize this rare opportunity to build your custom beach home or a lucrative vacation rental in one of Miramar Beach's most highly sought-after gated communities! This exclusive Emerald Waters Village 'Villa' lot is uniquely zoned to accommodate two residences. This .14-acre corner lot is one of only two parcels in the whole subdivision that shares a boundary with only one other home, offering versatile design possibilities, including front, side, or rear entry. This unique feature makes it an exceptional investment opportunity for you to build your dream home with two completely detached structures, this could include a guest house or garage/guest house combination with plenty of room for a pool. Enjoy the prim location just a one-minute walk to one of the two private neighborhood pools and parks, complete with additional guest parking. Neighborhood amenities also include deeded beach access just a short walk, golf cart, or biking distance away. Don't miss this exceptional opportunity to own a home just off of Old Hwy 98 surrounded by top-tier shopping, dining, world-class golf courses, sugar white sandy beaches and the emerald waters of Florida's Gulf Coast.
Full Property Details
Full Property Details for Lot 12 St Francis Dr
General
- Sold For: $455,000
- Taxes: $1,905 (2024)
- Status: Closed
- Type: Vacant Land
- Source: Emerald_Coast
- MLS ID: 968079
- Added to Site: 341 day(s) ago
Additional Information
- Shared Amenities: Beach, Deed Access, Gated Community, Pets Allowed, Pool, Short Term Rental - Allowed
Location
- Area: 15 - Miramar/Sandestin Resort
- County: Walton
- Subdivision: Emerald Waters Village
- Driving Directions: From HWY 98 turn South onto Holiday Road, turn left into Emerald Waters Village. Take a left onto St Francis Drive. The property is on the left.
School Information
- Elementary School: Van R Butler
- Middle School: Emerald Coast
- High School: South Walton
Utilities
- Utility Description: Electric, Gas Available, Phone, Public Sewer, Public Water, Tap Fee Due, TV Cable, Underground
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 117 x 57.8
- Lot Features: Aerials/Topo Availbl, Corner, Cul-De-Sac, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Price Per Acre: $3,927,857
- Assessment Amount: $560
- Assmt Payment Freq: Quarterly
- Land Assmt: $560
- Tax Amount: $1,905
- Tax Year: 2024
Disclosures and Reports
- Legal Description: LOT 12 EMERALD WATERS VILLAGE PB 13-27 OR 2075-1155 OR 2851-2510 OR 2857-3703 OR 2974-2305 OR 3043-4807 OR 3280-2163
- Assessment: Yes
- APN: 29-2S-21-42970-000-0120
Get Pre-Approved Today
Price & Sales History for Lot 12 St Francis Dr
Date
Details
Price
Change
Source
12/22/2025
Sold
$455,000
-17.26%
MLS
2/10/2025
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Lot 12 St Francis Drive, Miramar Beach, FL 32550 (MLS# 968079) is a Vacant Land property that was sold at $455,000 on December 22, 2025. This property was listed by Jennifer Purdy from our Fort Walton Beach Office.Want to learn more about Lot 12 St Francis Drive? Do you have questions about finding other Vacant Land 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.


