$2,995,000
Miramar Beach, FL 32550
MLS# 997153
8 beds | 8 baths | 5013 sqft
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Property Description
Exceptional Gulf-view investment opportunity in the highly sought-after Frangista Beach community. Completed in 2021, this luxury four-story coastal contemporary was designed to maximize both guest experience and rental income potential. With accommodations for up to 22 guests, the home is ideally suited for large family reunions, multi-generational vacations, corporate retreats, and group getaways. The rooftop terrace delivers panoramic Gulf views, an outdoor kitchen, fire pit, and unforgettable sunset experiences. Offering eight bedrooms, eight ensuite baths, six king suites, four queen beds, and six built-in twin bunks, the spacious floor plan provides comfort and privacy for large groups. The second-floor great room features soaring beamed ceilings and a chef's kitchen with Fisher & Paykel appliances, a gas range, a wine cooler, a quartz waterfall island, large dining table and generous gathering space for entertaining
Details
General Property Info
userdefined76: 6
Sub-Type: Detached Single Family
Design: Contemporary
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Driveway Spaces: 5
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 5013
Bedrooms: 8
Full Baths: 8
Total Bathrooms: 8
# Stories: 4
Year Built: 2021
Garage Spaces: 1
Acreage: 0.11
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 597.45
List Date: 2026-03-06
Current Price: $2,995,000
List Price: $2,995,000
Location, Tax and Legal
Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Elementary School: Destin
Middle School: Destin
High School: Destin
Legal Description: LOT 5 BLK A FRANGISTA BEACH FIRST ADDITION PB 2-55 OR 923-4 OR 2628-153 OR 3087-3093 OR 3088-2260 OR 3094-3064 OR 3134-1958 OR 3225-4056
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 22391.95
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Exceptional Gulf-view investment opportunity in the highly sought-after Frangista Beach community. Completed in 2021, this luxury four-story coastal contemporary was designed to maximize both guest experience and rental income potential. With accommodations for up to 22 guests, the home is ideally suited for large family reunions, multi-generational vacations, corporate retreats, and group getaways. The rooftop terrace delivers panoramic Gulf views, an outdoor kitchen, fire pit, and unforgettable sunset experiences. Offering eight bedrooms, eight ensuite baths, six king suites, four queen beds, and six built-in twin bunks, the spacious floor plan provides comfort and privacy for large groups. The second-floor great room features soaring beamed ceilings and a chef's kitchen with Fisher & Paykel appliances, a gas range, a wine cooler, a quartz waterfall island, large dining table and generous gathering space for entertaining
Construction Status
Construction Complete: 1
Parking Features
Garage: 1
Garage Attached: 1
Oversized: 1
Waterview
Bay: 1
Gulf: 1
Lot/Parcel Access
County Road: 1
Paved Road: 1
Lot Features
Covenants: 1
Interior: 1
Level: 1
Restrictions: 1
Survey Available: 1
Within 1/2 Mile to Water: 1
Project Facilities
Beach: 1
Short Term Rental - Allowed: 1
Waterfront: 1
Construction/Siding
Frame: 1
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Stucco: 1
Utilities
Electric: 1
Gas - Natural: 1
Phone: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Zoning
Resid Single Family: 1
Exterior
Balcony: 1
BBQ Pit/Grill: 1
Columns: 1
Deck Open: 1
Fenced Back Yard: 1
Fenced Privacy: 1
Hot Tub: 1
Patio Covered: 1
Patio Open: 1
Pool - Gunite Concrt: 1
Pool - Heated: 1
Pool - In-Ground: 1
Porch: 1
Shower: 1
Interior
Breakfast Bar: 1
Built-In Bookcases: 1
Ceiling Beamed: 1
Ceiling Crwn Molding: 1
Ceiling Raised: 1
Elevator: 1
Floor Hardwood: 1
Floor Tile: 1
Furnished - All: 1
Kitchen Island: 1
Lighting Recessed: 1
Newly Painted: 1
Owner's Closet: 1
Pantry: 1
Shelving: 1
Washer/Dryer Hookup: 1
Wet Bar: 1
Window Treatment All: 1
Woodwork Stained: 1
Financing
Conventional: 1
Appliances
Auto Garage Door Opn: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Ice Machine: 1
Microwave: 1
Oven Self Cleaning: 1
Range Hood: 1
Refrigerator: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Stove/Oven Gas: 1
Washer: 1
Wine Refrigerator: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
AC - High Efficiency: 1
Ceiling Fans: 1
Heat Pump A/A Two +: 1
Heat Pump Air To Air: 1
Water Heater - Gas: 1
Water Heater - Tnkls: 1
Water Heater - Two +: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Dressing Area: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBath Walk-In Closet: 1
MBed Balcony: 1
MBed First Floor: 1
MBed Sitting Area: 1
MBed Walk-in Closet: 1
Master Bedroom
First: 1
Third: 1
Bedroom
Second: 1
Third: 1
Kitchen
Second: 1
Living Room
Second: 1
Full Bathroom
First: 1
Second: 1
Third: 1
Rooms
Bedroom: 1
Bunk Room: 1
Dining Area: 1
Full Bathroom: 1
Garage: 1
Kitchen: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Recreation Room: 1
Terrace: 1
Existing Leases
Daily/Weekly: 1
Negotiable: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 144
Street Name: Miami
Street Suffix: Street
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: FRANGISTA BEACH 1ST ADDN
Parcel ID: 32-2S-21-42040-00A-0050
Property Features
Construction Status: Construction Complete
Lot Features: Covenants; Interior; Level; Restrictions; Survey Available; Within 1/2 Mile to Water
Zoning: Resid Single Family
Waterview: Bay; Gulf
Parking Features: Garage; Garage Attached; Oversized
Project Facilities: Beach; Short Term Rental - Allowed; Waterfront
Exterior: Balcony; BBQ Pit/Grill; Columns; Deck Open; Fenced Back Yard; Fenced Privacy; Hot Tub; Patio Covered; Patio Open; Pool - Gunite Concrt; Pool - Heated; Pool - In-Ground; Porch; Shower
Interior: Breakfast Bar; Built-In Bookcases; Ceiling Beamed; Ceiling Crwn Molding; Ceiling Raised; Elevator; Floor Hardwood; Floor Tile; Furnished - All; Kitchen Island; Lighting Recessed; Newly Painted; Owner's Closet; Pantry; Shelving; Washer/Dryer Hookup; Wet Bar; Window Treatment All; Woodwork Stained
Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Dryer; Ice Machine; Microwave; Oven Self Cleaning; Range Hood; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator
Utilities: Electric; Gas - Natural; Phone; Public Sewer; Public Water; TV Cable
Energy: AC - 2 or More; AC - Central Elect; AC - High Efficiency; Ceiling Fans; Heat Pump A/A Two +; Heat Pump Air To Air; Water Heater - Gas; Water Heater - Tnkls; Water Heater - Two +
Master Bedroom: First; Third
Bedroom: Second; Third
Kitchen: Second
Living Room: Second
Full Bathroom: First; Second; Third
Rooms: Bedroom; Bunk Room; Dining Area; Full Bathroom; Garage; Kitchen; Living Room; Master Bathroom; Master Bedroom; Recreation Room; Terrace
Financing: Conventional
Existing Leases: Daily/Weekly; Negotiable
Supplements
he backyard features a heated pool, hot tub, outdoor kitchen, covered lounge area, and privacy fencing. The ground-level features a bedroom, bunkroom, 2 full baths, a game room with pool table, refrigerator, and wet bar.
Additional features include a three-stop elevator, dual laundry areas, and garage storage for a vehicle or golf cart. Parking for up to 6 vehicles. Guests enjoy gated beach access at Hollywood Street just a short walk away, along with easy access to the restaurants, shopping, and entertainment. Whether you're seeking a luxury second home or a high-performing vacation rental investment, this turnkey Frangista Beach property offers the size, amenities, and location today's rental guests demand. Sold Fully Furnished.
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Recreation Room | First | 23.1 x 16.6 | 23.10 | 16.60 | Game Room |
| Master Bedroom | First | 16.4 x 14 | 16.40 | 14.00 | First Floor Master |
| Full Bathroom | First | 10 x 6 | 10.00 | 6.00 | First Floor Master Bath |
| Garage | First | 21.6 x 13 | 21.60 | 13.00 | One Car Garage |
| Bunk Room | First | 7.2 x 9.6 | 7.20 | 9.60 | |
| Full Bathroom | First | 10 x 7 | 10.00 | 7.00 | |
| Kitchen | Second | 19.6 x 14 | 19.60 | 14.00 | |
| Living Room | Second | 24.8 x 18 | 24.80 | 18.00 | |
| Dining Area | Second | 19.6 x 11.4 | 19.60 | 11.40 | |
| Bedroom | Second | 12.4 x 12.6 | 12.40 | 12.60 | |
| Bunk Room | Second | 9.2 x 9.11 | 9.20 | 9.11 | |
| Full Bathroom | Second | 6 x 8 | 6.00 | 8.00 | |
| Bedroom | Third | 12.1 x 13.6 | 12.10 | 13.60 | |
| Bedroom | Third | 13.1 x 16.6 | 13.10 | 16.60 | |
| Master Bedroom | Third | 13.1 x 15 | 13.10 | 15.00 | |
| Master Bathroom | Third | 8 x 13 | 8.00 | 13.00 | |
| Bedroom | Third | 12.8 x 13 | 12.80 | 13.00 | |
| Bedroom | Third | 6 x 8 | 6.00 | 8.00 | |
| Full Bathroom | Third | 8 x 14 | 8.00 | 14.00 | |
| Terrace | Fourth | 23.6 x 29.4 | 23.60 | 29.40 |
Listing Office: Scenic Sotheby's International Realty
Last Updated: June - 07 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
Broker Attribution:
[email protected]
