See Home Value
Miramar Beach 32550
1481 Scenic Gulf Drive
$3,490,000
● House - Off Market

1481 Scenic Gulf Drive

Miramar Beach, FL 32550
bedrooms
6 Beds
bathrooms
6 Baths, 3 Half Baths
$20,471
Est. Monthly

About This Property

Welcome to ''Beach House'' at 1481 Scenic Gulf Drive in Miramar Beach - a rare, direct Gulf-front opportunity with approximately +/-50 Linear feet of PRIVATE BEACH  and NO HOA. No HOA fees, no HOA restrictions, and the flexibility to enjoy this home as a primary residence, second home, or investment property. Strong rental history even with significant owner usage ...The gross rental revenues were $262,831 in 2026...$222,916 in 2025.... As of today 02-13-2026 there are  $147,000 already for 2026  please call me for the most updated booking numbers for this year. Spanning nearly 3,526 square feet, this spacious coastal home offers 6 bedrooms, 6 full baths, and 3 half baths thoughtfully laid out for comfortable large-group living and entertaining. The main level features a bright Great Room with a full wall of glass doors capturing breathtaking Gulf views and opening to a huge beachfront balcony; the perfect backdrop for outdoor dining, lounging, and sunset-watching over the sugar-white sand and emerald water. Two kitchens make hosting effortless and add flexibility for multi-family stays or rental use.

Upstairs, you'll find multiple ensuite bedrooms, including two Gulf-front king suites with private balconies and spa-style baths. Additional guest suites provide privacy and flexible sleeping arrangements, each with it's own bath. The third floor adds even more living space with a bonus den, additional suites, and extra sleeping nook options.

Parking is a plus with room for up to four vehicles. The Scenic Gulf Drive location puts you close to beach dining, golf and tennis at Seascape Resort, shopping at Silver Sands Premium Outlets, and the attractions of The Village of Baytowne Wharf.

New Roof in 2020 New HVAC and New Hot Water Heaters in 2023

Floor plan summary:

First Floor: Great Room with Gulf views and balcony access, two kitchens, dining area, two half baths, laundry.

Second Floor: Gulf-front king suite with walk-in shower and balcony access; Gulf-front king suite with walk-in shower and balcony access; guest bedroom with two queens and walk-in shower; guest bedroom with two full beds and tub/shower.

Third Floor: Bonus den with queen sleeper sofa and balcony access; additional king suite with walk-in shower and balcony access; queen suite with walk-in shower; sleeping nook with two twin beds; half bath.

Call me Today for additional information or to schedule a showing !   All information deemed reliable but not guaranteed; buyer to verify dimensions, zoning, rental projections, and all property details.
Unit Size
-
Days on Market
14 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,812
HOA Dues
-
Year Built
1981

Payment Calculator

Cap Rate Calculator

Last updated: 9 months ago (ECAR #994687)

Price History

Date / Event Date Event Price
Feb 27, 2026 Sold
Sold
Feb 24, 2026 In contract -
In contract
Feb 6, 2026 Listed by Wooley Luxury Properties LLC $3,800,000
Listed by Wooley Luxury Properties LLC
Jun 24, 2011 Sold
Sold
Aug 6, 2004 Sold
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Bathroom Plumbing Fixtures: 25
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,975
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,526
  • Gross Building Area: 3,526
  • Building Area: 3,526
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,526
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WARREN HEIGHTS
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: ALL THAT PART OF LOT 4 LYING S OF HWY 98 WARREN HEIGHTS OR 1032-128 OR 2610-2174 OR 2625-2107 OR 2868-2090 OR 2953-4682 OR 3137-813

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950609

Geography

  • Assessors Map Reference: S2-32-21
  • Parcel: 32-2S-21-42260-000-0041
  • Lot: 4
  • Meridian: SEC 32 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3762
  • Longitude: -86.3729

    Address

  • Full Address: 1481 Scenic Gulf Dr
  • Address - House Number: 1481
  • Address - Street Name: Scenic Gulf
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 6904
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 3,674
  • Tax Year: 2022
  • Tax Amount: $1,960,466
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 3,562,213
  • High Value: 4,363,117
  • Low Value: 2,761,309

    Market Valuation

  • Market Total Value: $2,306,804
  • Market Land Value: $1,629,202
  • Market Improvement Value: $677,602

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,306,804
  • Assessed Land Value: $1,629,202
  • Assessed Improvements Value: $677,602

    Sales

  • Current Sale Contract Date: Jun 17, 2011
  • Current Sale Recording Date: Jun 24, 2011
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1160261
  • Previous Sale Recording Date: Aug 06, 2004
  • Previous Sale Contract Date: Jul 30, 2004
  • Previous Sale Amount: $1,870,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Miramar Beach


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 1481 Scenic Gulf Drive built and last sold?
The property at 1481 Scenic Gulf Drive was built in 1981 and last sold on Jun 17, 2011 for $1,194,800.
How much is this home worth?
The estimated value of the home located at 1481 Scenic Gulf Drive is $3,838,000.
What are some comparable homes to 1481 Scenic Gulf Drive?
There are currently no comparable homes to 1481 Scenic Gulf Drive.