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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 Oct 30, 2026

Updated 6h 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, LVP 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
1014586

Interior Features

Bedrooms
7
Bathrooms
7
Cooling
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
MLS provider logo

Courtesy of EXP Realty LLC, 
Listing Contact: [email protected] 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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 Elizabeth Boswell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:26 AM UTC, 10/31/2026

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