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$499,000

  • For Sale
  • Active
  • Vacant Land
  • 0.16 Acres
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This beautiful undeveloped lot right in the community of Frangista Beach is the perfect canvas for your coastal getaway. Just under half a mile from the stunning white sands and emerald waters of the Gulf of Mexico, featuring a sparkling pool, and a stylish clubhouse. Ideally located near top-tier dining and entertainment, this property offers the best of beach living amenities. Don't miss this opportunity to secure your spot in this community--at a price that leaves you plenty of room to create your dream home!

Full Property Details for Lot 38 Lakeland Dr

General

  • Price: $499,000
  • Status: Active
  • Type: Vacant Land
  • Source: Emerald_Coast
  • MLS ID: 978163
  • Updated: 12/5/2025
  • Added to Site: 225 day(s) ago

Additional Information

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

Location

  • Area: 15 - Miramar/Sandestin Resort
  • County: Walton
  • Subdivision: The Villas of Frangista
  • Driving Directions: From Scenic Gulf Road, go North on Miami St, Turn Right on Mobile, Left on Lakeland, go past Shelleys Way - lot on left

School Information

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

Utilities

  • Utility Description: Other

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Dimensions: 144.6 x 32.94 x 123.3 x 102.4
  • Zoning: Resid Single Family

Financial Considerations

  • Price Per Acre: $3,118,750
  • Assessment Amount: $425
  • Assmt Payment Freq: Quarterly
  • Land Assmt: $425

Disclosures and Reports

  • Legal Description: LOT 38 BLK A FRANGISTA BEACH 3RD ADDITION PB 17-71 OR 2729-1239 OR 2847-3451 OR 2874-922 &-924 &-926 OR 3174-4490
  • Assessment: Yes
  • APN: 29-2S-21-42060-00A-0380

Listed by Real Estate Empowered LLC

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— Lot 38 Lakeland Dr —

  • Real Estate Empowered LLC

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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

Price & Sales History for Lot 38 Lakeland Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/05/2025
Price Reduced
$499,000
-6.55%
MLS
11/14/2025
Price Reduced
$534,000
-8.56%
MLS
9/23/2025
Price Reduced
$584,000
-2.5%
MLS
6/06/2025
Listed
$599,000
—
MLS
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 Lot 38 Lakeland Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,847
—
$400,000
-11%
2024
$2,847
4%
$450,000
—
2023
$2,746
186%
$450,000
252%
2021
$961
-34%
$127,898
-18%
2022
$1,450
51%
$156,462
47%
2021
$961
20%
$106,373
80%
2019
$803
15%
$58,949
10%
2018
$696
6%
$53,590
-35%
2017
$658
8%
$83,029
9%
2016
$608
2%
$76,034
2%
2015
$594
8%
$74,800
10%
2014
$550
55%
$68,000
94%
2013
$355
—
$35,000
—
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 Lot 38 Lakeland Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Real Estate Empowered LLC

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Lot 38 Lakeland Drive, Miramar Beach, FL 32550 (MLS# 978163) is a Vacant Land property with a lot size of 0.16 acres. Lot 38 Lakeland Drive is currently listed for $499,000 and was received on June 06, 2025. Want to learn more about Lot 38 Lakeland 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.

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