Welcome to your next investment opportunity in The Villas of Frangista located in Miramar Beach, FL! This spacious 7-bedroom, 6-bathroom home at 56 Ruth Street offers a prime location with private deeded beach access, making it an ideal vacation rental property. Step inside this 3079 square foot home and discover a well-appointed interior that's perfect for hosting guests. With ample space for indoor/outdoor entertainment and relaxation. The property's vacation rental actuals for 2023 reached an impressive $168,000, and the projection for 2024 is $175,000, showcasing its potential for a lucrative return on investment. Whether you're looking to expand your real estate portfolio or seeking a smart income-generating opportunity, this home is a must-see. The layout offers flexibility for accommodating large groups, and the proximity to the beach ensures a desirable vacation experience for renters. Don't miss out on this chance to own a successful vacation rental property with private beach access. Schedule a showing today and take the first step towards a profitable real estate investment!(
Sold for $1,733,000 on 01/28/25
$1,733,000
56 Ruth St, Miramar Beach, FL 32550
7beds
3,079sqft
Single Family Residence
Built in 2021
4,791.6 Square Feet Lot
$1,649,200 Zestimate®
$563/sqft
$5,033 Estimated rent
Home value
$1,649,200
$1.48M - $1.83M
$5,033/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:
Jessica H Foy, 3588492
Compass
Source: ECAOR,MLS#: 953903
Originating MLS: Emerald Coast
Originating MLS: Emerald CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Primary bedroom
- Features: MBed First Floor
- Level: Second
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, Master Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,079
- Total interior livable area: 3,079 sqft
Property
Parking
- Total spaces: 5
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 3
- Exterior features: Balcony, Sprinkler System
- Has private pool: Yes
- Pool features: Private, Heated, In Ground
- Fencing: Privacy
- Waterfront features: Beach
Lot
- Size: 4,791 sqft
- Dimensions: 50 x 100
- Features: Controlled Access, Within 1/2 Mile to Water, Deed Access
Details
- Parcel number: 322S214205000E0060
- 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
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 |
|---|---|---|
| 1/28/2025 | Sold | $1,733,000-3.5%$563/sqft |
Source:  ECAOR #953903 | ||
| 1/13/2025 | Pending sale | $1,795,000$583/sqft |
Source: ECAOR #953903 | ||
| 7/3/2024 | Listed for sale | $1,795,000+832.5%$583/sqft |
Source: ECAOR #953903 | ||
| 5/26/2020 | Sold | $192,500+13.2%$63/sqft |
Source: Public Record | ||
| 2/6/2020 | Sold | $170,000+13.3%$55/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,955 +0.5% | $1,308,813 |
| 2023 | $11,892 -0.5% | $1,308,813 +1.4% |
| 2022 | $11,957 +708.4% | $1,290,245 +744.3% |
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: 15.9 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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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,649,200
2% more+ $32,984
With Zillow Showcase(estimated)
$1,682,184