Seize this rare opportunity to build your custom beach home or a lucrative vacation rental in one of Miramar Beach's most highly sought-after gated communities! This exclusive Emerald Waters Village 'Villa' lot is uniquely zoned to accommodate two residences. This .14-acre corner lot is one of only two parcels in the whole subdivision that shares a boundary with only one other home, offering versatile design possibilities, including front, side, or rear entry. This unique feature makes it an exceptional investment opportunity for you to build your dream home with two completely detached structures, this could include a guest house or garage/guest house combination with plenty of room for a pool. Enjoy the prim location just a one-minute walk to one of the two private neighborhood pools and parks, complete with additional guest parking. Neighborhood amenities also include deeded beach access just a short walk, golf cart, or biking distance away. Don't miss this exceptional opportunity to own a home just off of Old Hwy 98 surrounded by top-tier shopping, dining, world-class golf courses, sugar white sandy beaches and the emerald waters of Florida's Gulf Coast.
Lot/land
$549,900
12 Saint Francis Dr, Miramar Beach, FL 32550
--beds
--baths
6,098.4Square Feet
Unimproved Land
Built in ----
6,098.4 Square Feet Lot
$-- Zestimate®
$--/sqft
$187/mo HOA
What's special
Corner lot
- 178 days
- on Zillow |
- 57 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: May 27, 2025 at 01:34pm
Listed by:
Jennifer Purdy 850-218-1480,
Coldwell Banker Realty,
Jennifer C Stapleton 850-384-9296,
Coldwell Banker Realty
Source: ECAOR,MLS#: 968079
Originating MLS: Emerald Coast

Travel times
Facts & features
Property
Features
- Waterfront features: Beach
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 117 x 57.8
- Features: Controlled Access, Aerials/Topo Availbl, Corner Lot, Cul-De-Sac, Within 1/2 Mile to Water
Details
- Parcel number: 292S21429700000120
- Zoning description: Resid Single Family
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Phone Connected, Tap Fee Due, Cable Connected, Underground Utilities
Community & HOA
Community
- Features: Deed Access, Gated, Pool
- Subdivision: Emerald Waters Village
HOA
- Has HOA: Yes
- Services included: Accounting, Maintenance Grounds, Management, Recreational Faclty, Security, Trash
- HOA fee: $560 quarterly
Location
- Region: Miramar Beach
Financial & listing details
- Annual tax amount: $1,905
- Date on market: 2/11/2025
- Lease term: Short Term Rental - Allowed
- Electric utility on property: Yes
- Road surface type: Paved
- Loading