Property Details

Listing # 986538 Details

$1,595,000
238 N St Francis Drive
Miramar Beach, FL 32550

Property Inquiry

Contact Heather Sprigler about this property!

*Required

2,872 Sq Ft.
Built 2005
5 Bed
4 Bath

Property Details

Rental Powerhouse with Outdoor Oasis! Solace Beach House is what investment dreams are made of! With over $120K in 2025 rental income year-to-date, this property is a proven performer. Set on one of the largest lots in Emerald Waters, it boasts a 1,500+ sq. ft. outdoor oasis with a new brick-paver patio, two gazebos, covered living and dining, hot tub, fire pit, giant outdoor chess, and a private gated path to the community pool. Inside you'll find three private king suites plus a third-floor game room and lounge with two bunk rooms--perfect for families. Conveniently located beside the community pool, guests enjoy all the perks of a private pool without the upkeep. Emerald Waters is an exclusive gated community with a private walkway to deeded beach access and two community pools.

COUNTY Walton
SUBDIVISION EMERALD WATERS
PARCEL ID 29-2S-21-42970-000-0010
TYPE Detached Single Family
STYLE Beach House
ACREAGE 0
LOT ACCESS N/A
LOT SIZE IRR
HOA INCLUDE Recreational Faclty
HOA FEE 560.00 (Quarterly)
UTILITIES Electric,Public Sewer,Public Water,TV Cable
PROJECT FACILITIES Beach,Gated Community,Pool,Short Term Rental - Allowed
ZONING Resid Single Family
PARKING FEATURES N/A
APPLIANCES N/A
ENERGY AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
INTERIOR Breakfast Bar,Furnished - All,Pantry,Renovated,Window Treatment All
EXTERIOR Balcony,BBQ Pit/Grill,Fenced Lot-Part,Fireplace,Hot Tub,Patio Covered,Patio Open,Renovated,Shower
ROOM DIMENSIONS Living Room : 23 x 21
Kitchen : 13 x 12
Bedroom : 23 x 11
Bedroom : 23 x 11
Master Bedroom : 23 x 12
Bonus Room : 18 x 16
Bunk Room : 15 x 9
Bunk Room : 15 x 8

Schools

Elementry, Van R Butler
Middle, Emerald Coast
High, South Walton

Location & Map

From 98 turn south on Holiday Rd and then left into Emerald Waters. Gated community call listing agent for gate code.