55 Shelley's Way, Miramar Beach, FL 32550
$449,000
Property Type:
Land
Lot Size (sq. ft.):
11,326
Status:
Active
Current Price:
$449,000
List Date:
10/28/2025
Last Modified:
3/17/2026
Description
Coastal Luxury Meets Prime Location. Welcome to your slice of paradise in the exclusive gated community of The Villas of Frangista Beach. This extra-large .26-acre buildable lot is perfectly positioned on a quiet, low-traffic cul-de-sac, offering privacy & tranquility just a short walk from the sugar-white sand & turquoise waters of the Gulf. Whether you're envisioning a primary home, beach retreat, or high-performing investment property, this high-elevation homesite provides the ideal canvas--w/no build-out time & prelim house plans included to jumpstart your vision. Enjoy the charm of pavered streets, comm pool & clubhouse & low HOA fees. You're just a short stroll from cafés, shopping & championship golf courses-- everything you need to embrace the Emerald Cst lifestyle at its fines
More Information MLS# 988463
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 1726923.08
List Date: 2025-10-28
List Price: $449,000
Location, Tax and Legal
Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 31 BLK A Frangista Beach 3rd Addition
General Property Info
Sub-Type: Vacant Land
Acreage: 0.26
Mineral Rights: No
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 450
Annual Assessment Amount: 1800
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 300
New Buyer Fee Paid: $
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Coastal Luxury Meets Prime Location. Welcome to your slice of paradise in the exclusive gated community of The Villas of Frangista Beach. This extra-large .26-acre buildable lot is perfectly positioned on a quiet, low-traffic cul-de-sac, offering privacy & tranquility just a short walk from the sugar-white sand & turquoise waters of the Gulf. Whether you're envisioning a primary home, beach retreat, or high-performing investment property, this high-elevation homesite provides the ideal canvas--w/no build-out time & prelim house plans included to jumpstart your vision. Enjoy the charm of pavered streets, comm pool & clubhouse & low HOA fees. You're just a short stroll from cafés, shopping & championship golf courses-- everything you need to embrace the Emerald Cst lifestyle at its fines
Lot Features
Covenants: 1
Cul-De-Sac: 1
Irregular: 1
Within 1/2 Mile to Water: 1
Wooded: 1
Project Facilities
Community Room: 1
Gated Community: 1
Pool: 1
Short Term Rental - Allowed: 1
Lot Access
Paved Road: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
Zoning
Resid Single Family: 1
Financing
Conventional: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Legal: 1
Recreational Faclty: 1
None
Current Price: $449,000
Status Change Info
Status: Active
Location Tax and Legal
Street #: 55
Street Name: Shelley's
Street Suffix: Way
Area: 15 - Miramar/Sandestin Resort
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: FRANGISTA BEACH
Parcel ID: 29-2S-21-42060-00A-0310
Property Features
Lot Access: Paved Road
Lot Features: Covenants; Cul-De-Sac; Irregular; Within 1/2 Mile to Water; Wooded
Zoning: Resid Single Family
Project Facilities: Community Room; Gated Community; Pool; Short Term Rental - Allowed
Utilities: Electric; Public Sewer; Public Water
Financing: Conventional
Fees Include: Accounting; Ground Keeping; Legal; Recreational Faclty
Documents
Frangista Covenants and Restrictions ›
Listing Office:
RE/MAX Coastal Properties
Listing Agent:
Karen K Martineau
Last Updated: March - 17 - 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.