Pending

$1,359,000

5 Palm Rdg, Miramar Beach, FL 32550

5beds

3,454sqft

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Single Family Residence

Built in 2023

2,178 Square Feet Lot

$1,296,500 Zestimate^®

$393/sqft

$-- HOA

What's special

This stunning coastal inspired Mediterranean beach house is full of designer upgrades and professionally decorated throughout. This welcoming home features high end appliances, summer kitchen with outdoor grill and two primary suites (first and second floor) with an upstairs gathering space, as well as a home theatre. This home is turnkey rental ready with custom bunks, designer furniture and all the touches guests would want in a high end rental home. Located within the gates of the Tops'l Beach & Racquet Resort, Tops'l offers tennis, pickle ball, gym and access to on the on-site Bistro and area restaurants plus deeded beach access for the resort. This home offers a truly resort lifestyle like few others.

120 days

300

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Primary bedroom

Level: First
Area: 249 Square Feet
Dimensions: 16.6 x 15

Bedroom

Level: Second
Area: 226.21 Square Feet
Dimensions: 19.67 x 11.5

Dining room

Level: First
Area: 179.35 Square Feet
Dimensions: 11.33 x 15.83

Other

Level: Second
Area: 259.88 Square Feet
Dimensions: 17.8 x 14.6

Kitchen

Level: First
Area: 150.39 Square Feet
Dimensions: 15.83 x 9.5

Living room

Level: First
Area: 319.56 Square Feet
Dimensions: 19.17 x 16.67

Screened porch

Level: First
Area: 200 Square Feet
Dimensions: 20 x 10

Heating

Natural Gas

Appliances

Included: Dishwasher, Microwave, Range Hood, Refrigerator, Tankless Water Heater

Features

Kitchen Island
Furnished: Yes
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 3,454
Total interior livable area: 3,454 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Attached
Attached garage spaces: 2

Features

Stories: 2
Exterior features: Outdoor Kitchen

Lot

Size: 2,178 Square Feet
Dimensions: 40 x 50
Features: Restrictions, Within 1/2 Mile to Water

Details

Parcel number: 262S21429100000050
Zoning description: Deed Restrictions, Resid Single Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Mediterranean
Property subtype: Single Family Residence

Condition

Construction Complete
New construction: No
Year built: 2023

Community & HOA

Community

Features: Beach, Fitness Center, Pool, Pickleball
Subdivision: Grand Villas at Tops'l Beach Club

HOA

Has HOA: Yes
Services included: Land Recreation, Management, Recreational Faclty, Security

Location

Region: Miramar Beach

Financial & listing details

Price per square foot: $393/sqft
Tax assessed value: $1,101,134
Annual tax amount: $9,224
Date on market: 3/11/2026
Road surface type: Paved

Estimated market value

$1,296,500

$1.23M - $1.36M

$6,030/mo

Price history

Date	Event	Price
6/22/2026	Pending sale	$1,359,000$393/sqft
Source: ECAOR #997692 Report a problem
3/11/2026	Listed for sale	$1,359,000+299.7%$393/sqft
Source: ECAOR #997692 Report a problem
10/26/2021	Sold	$340,000$98/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,224 -10.7%	$1,059,470 -2.7%
2024	$10,335 +164%	$1,088,599 +193.6%
2023	$3,914 +25.3%	$370,757 +10%
2022	$3,124	$337,052

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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