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7 Beds
7 Baths
3,638 sqft

$1,865,000

23-27 St Francis Drive S, Miramar Beach FL, 32550

Price per sqft$512.64
Built in2004
Property size3,638 sqft
Property typeResidential

Overview

Active

Listed Nov 3, 2026

Updated 8h ago

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, tile 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.

$12,408/mo

Est. mortgage payment based on a $1,865,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
797368

Interior Features

Bedrooms
7
Bathrooms
7
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$10,881
Tax Frequency
Annually
Association Fee Frequency
Quarterly
Garage
Yes

Also listed on ECAR

 

Courtesy of EXP Realty LLC, Abbott Martin Group,
Listing Contact: 850-460-2900 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ryan Lillie shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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