20 St Francis Drive, Miramar Beach, FL 32550

$2,399,000

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https://my.matterport.com/show/?m=Jd5Xj7XXeZN

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,489 Lot Size (sq. ft.): 3,485 Status: Active

Current Price: $2,399,000 List Date: 2/01/2026 Last Modified: 6/10/2026

Overview

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.

Supplements: 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 ... (Read more)

Listing Details MLS# 981954

Contract Info

List Price/SqFt: 687.59
Listing Board: Emerald Coast

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort
Street #: 20
Street Name: St Francis
Street Suffix: Drive
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: EMERALD WATERS VILLAGE
Parcel ID: 29-2S-21-42970-000-0640

General Property Info

Sub-Type: Detached Single Family
Design: Mediterranean
Apx SqFt(Htd/Cooled): 3489
SqFt Source: County PA Records
Full Baths: 5
Total Bathrooms: 5
# Stories: 3
Year Built: 1999
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Garage Spaces: 2
userdefined76: 2
Acreage: 0.08
Pool: Yes
Pool Type: Community

Location, Tax and Legal

Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Elementary School: Van R Butler
Middle School: Destin
High School: Freeport
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

Listing Info, Tax & Legal

Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 530
Annual Assessment Amount: 2120
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 400
New Buyer Fee Paid: $
Last Taxes: 10976.3
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: No

More Information

Remarks & Misc

Remarks: 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.

Construction Status

Construction Complete: Yes

Parking Features

Garage Attached: Yes

Waterview

Gulf: Yes

Lot/Parcel Access

Private Road: Yes

Lot Features

Covenants: Yes
Restrictions: Yes
Within 1/2 Mile to Water: Yes

Project Facilities

Beach: Yes
Deed Access: Yes
Gated Community: Yes
Pets Allowed: Yes
Pool: Yes
Short Term Rental - Allowed: Yes
TV Cable: Yes

Construction/Siding

Frame: Yes
Roof Tile/Slate: Yes
Slab: Yes
Stucco: Yes

Utilities

Public Sewer: Yes
Public Water: Yes
TV Cable: Yes

Zoning

Resid Single Family: Yes

Exterior

Balcony: Yes
Deck Covered: Yes
Deck Open: Yes
Fenced Back Yard: Yes
Fenced Lot-Part: Yes
Fenced Privacy: Yes
Patio Covered: Yes
Renovated: Yes

Interior

Breakfast Bar: Yes
Fireplace: Yes
Floor Marble: Yes
Floor Tile: Yes
Floor Vinyl: Yes
Furnished - All: Yes
Kitchen Island: Yes
Newly Painted: Yes
Pantry: Yes
Window Treatment All: Yes

Financing

Conventional: Yes
FHA: Yes
VA: Yes
Other: Yes

Appliances

Auto Garage Door Opn: Yes
Cooktop: Yes
Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes
Stove/Oven Gas: Yes

Energy

AC - Central Elect: Yes
Ceiling Fans: Yes

Mstr Bdrm/Mstr Bath

MBath Cultured Mrble: Yes
MBath Walk-In Closet: Yes

Master Bedroom

First: Yes
Second: Yes

Kitchen

First: Yes
Second: Yes

Living Room

Second: Yes
Third: Yes

Rooms

Bonus Room: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Master Bathroom: Yes
Master Bedroom: Yes

Fees Include

Management: Yes

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Restrictions; Within 1/2 Mile to Water Zoning: Resid Single Family Waterview: Gulf Parking Features: Garage Attached Project Facilities: Beach; Deed Access; Gated Community; Pets Allowed; Pool; Short Term Rental - Allowed; TV Cable Exterior: Balcony; Deck Covered; Deck Open; Fenced Back Yard; Fenced Lot-Part; Fenced Privacy; Patio Covered; Renovated Interior: Breakfast Bar; Fireplace; Floor Marble; Floor Tile; Floor Vinyl; Furnished - All; Kitchen Island; Newly Painted; Pantry; Window Treatment All Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Microwave; Refrigerator; Stove/Oven Gas Utilities: Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans Master Bedroom: First; Second Kitchen: First; Second Living Room: Second; Third Rooms: Bonus Room; Dining Room; Kitchen; Living Room; Master Bathroom; Master Bedroom Financing: Conventional; FHA; VA; Other Fees Include: Management

Room Information

Room Name	Level	Dimensions	Length	Width
Master Bedroom	First	12 x 11	12.00	11.00
Kitchen	First	10 x 8	10.00	8.00
Living Room	Second	22 x 17	22.00	17.00
Kitchen	Second	15 x 6	15.00	6.00
Kitchen	Second	20 x 11	20.00	11.00
Dining Room	Second	14 x 12	14.00	12.00
Master Bedroom	Second	13 x 9	13.00	9.00
Bonus Room	Third	19 x 10	19.00	10.00
Living Room	Third	13 x 11	13.00	11.00
Master Bathroom	Third	13 x 12	13.00	12.00

Listing Office: Coldwell Banker Realty

Last Updated: June - 10 - 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.