20 St Francis Dr, Miramar Beach, FL 32550

$2,399,000
5
BD
5
BA
3,489
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,399,000
Price Change
▼ $100,000 1779820955
Days on Market
176
MLS#
981954
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
5
Bathrooms
5
Full Bathrooms
5
Living Area
3,489
Lot Size
3,484
Neighborhood
Miramar Beach S. of 98 w/exception of Sandestin Resort

Property Description

Welcome to Emerald Waters Village, one of Miramar Beach's most sought-after gated communities, where coastal luxury meets exceptional investment potential. Just a short walk to private beach access, this beautifully renovated three-story home offers the rare combination of location, size, and income-producing opportunity. Designed to comfortably accommodate up to 16 guests, this spacious 5-bedroom, 5-bathroom retreat is perfectly suited as a high-performing vacation rental, second home, or full-time residence. Multiple balconies and outdoor living spaces provide the perfect setting for enjoying Gulf breezes, morning coffee, and evenings with family and friends after a day at the beach. Extensively renovated from top to bottom, this home offers peace of mind with major improvements already completed, including a new metal roof, updated stucco and exterior paint, new impact-rated sliding glass doors, upgraded HVAC systems, and over $40,000 invested in balcony and terrace enhancements featuring premium tile and advanced waterproofing. Inside, the home showcases sophisticated finishes and thoughtful craftsmanship throughout. The redesigned kitchen and bathrooms feature imported materials, custom Italian glass cabinetry, high-end fixtures, and premium waterproofing systems. New drywall, insulation, flooring, plumbing components, and a stunning white oak staircase further elevate the home's modern coastal design. Residents and guests enjoy access to two community pools and private beach access while being minutes from Destin Commons, Silver Sands Premium Outlets, Publix, Starbucks, Whale's Tail Beach Bar & Grill, and some of the Emerald Coast's most popular attractions. Topsail Hill Preserve State Park and Destin HarborWalk are also just a short drive away. Whether you're seeking a luxury beach getaway, a primary residence near the coast, or a turnkey investment property in one of Northwest Florida's strongest vacation rental markets, this exceptional home delivers the location, lifestyle, and upgrades that today's buyers are searching for. All information deemed reliable but not guaranteed. Buyer to verify all information, dimensions, and rental projections.

Additional Information

Acres
0.08
Appliances
Cooktop, Dishwasher, Microwave, Refrigerator
Style
Mediterranean
Elementary School
Van R Butler
Exterior Features
Balcony, Private Yard
High School
Freeport
Interior Features
Breakfast Area, Fireplace(s), Kitchen Island, Newly Painted, Pantry
Legal Description
LOT 64 EMERALD WATERS VILLAGE PB 13-27 OR 1961-9 OR 1961-11 OR 2926-3223 OR 2964-3394 OR 3193-1063 OR 3208-3980
Lot Features
Covenants, Covenants
Middle School
Destin
Neighborhood
Miramar Beach S. of 98 w/exception of Sandestin Resort
Parking Features
Garage Door Opener
Community Features
Beach Access, Deed Access, Gated, Pool, Cable TV, Short Term Rental Allowed
Stories
3
Subdivision
Emerald Waters Village
View
Gulf
Year Built
1999
Zoning
Resid Single Family

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty.

Vendor Member Number : 28166