Welcome to 47 Ruth Street, a 5-bedroom, 5.5 bathroom home in the highly sought-after Villas of Frangista in Miramar Beach, FL. This property offers ample room for relaxation and indoor/outdoor entertainment. With its prime location, this home presents an exceptional investment opportunity as a lucrative vacation rental. The interior features a well-designed 2 story layout, providing a comfortable and inviting atmosphere. All 5 bedrooms have ensuite bathrooms for your convenience. The second floor features a bonus bunk room with twin over twin beds. This property comes with deeded beach access on Hollywood Street. The annual rental projections exceed $120,000+. Rental actuals available upon request.
Sold for $1,250,000 on 11/12/24
$1,250,000
47 Ruth St, Miramar Beach, FL 32550
5beds
2,268sqft
Single Family Residence
Built in 2021
5,227.2 Square Feet Lot
$1,356,200 Zestimate®
$551/sqft
$4,589 Estimated rent
Home value
$1,356,200
$1.23M - $1.51M
$4,589/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 07, 2025 at 03:30am
Listed by:
Jessica H Foy 757-675-9333,
Compass
Bought with:
Lana A Parker, 3454466
Realty ONE Group Emerald Coast
Source: ECAOR,MLS#: 956001
Originating MLS: Emerald Coast
Originating MLS: Emerald CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Features: MBed First Floor
Kitchen
- Level: First
Living room
- Level: First
Cooling
- AC - 2 or More, Ceiling Fan(s)
Appliances
- Included: Dryer, Freezer, Electric Range, Washer, Tankless Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Kitchen Island, Owner's Closet, Bedroom, Kitchen, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,268
- Total interior livable area: 2,268 sqft
Property
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Balcony, Sprinkler System
- Has private pool: Yes
- Pool features: Private, Heated, In Ground
- Fencing: Privacy
- Waterfront features: Beach
Lot
- Size: 5,227 sqft
- Dimensions: 50 x 100
- Features: Controlled Access, Interior Lot, Within 1/2 Mile to Water, Deed Access
Details
- Parcel number: 322S214205000F0100
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Siding CmntFbrHrdBrd
- Foundation: Slab
- Roof: Metal
Condition
- Construction Complete
- Year built: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Tap Fee Paid
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Gated, Pool
Location
- Region: Miramar Beach
- Subdivision: Frangista Beach 2nd Addn
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $425 quarterly
Other
Other facts
- Listing terms: Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2024 | Sold | $1,250,000-10.7%$551/sqft |
Source:  ECAOR #956001 | ||
| 9/29/2024 | Pending sale | $1,399,000$617/sqft |
Source: ECAOR #956001 | ||
| 8/1/2024 | Listed for sale | $1,399,000-3.5%$617/sqft |
Source: ECAOR #956001 | ||
| 7/3/2024 | Listing removed | $1,450,000$639/sqft |
Source: ECAOR #945722 | ||
| 7/1/2024 | Price change | $1,450,000-6.5%$639/sqft |
Source: ECAOR #945722 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,583 +5.3% | $988,917 +10% |
| 2023 | $9,096 +12.6% | $899,015 +10% |
| 2022 | $8,077 +446% | $817,286 +434.8% |
Find assessor info on the county website
Neighborhood: 32550
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 7.1 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 15.8 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 11.7 mi
Schools provided by the listing agent
- Elementary: Van R Butler
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,356,200
2% more+ $27,124
With Zillow Showcase(estimated)
$1,383,324