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Miramar Beach 32550
167 Lakeland Drive
$1,450,000
↓ $45K (3%)
● House - For Sale

167 Lakeland Drive

Miramar Beach, FL 32550
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,121 Ft²
$7,792
Est. Monthly

About This Property

Experience elevated coastal living in this exceptional luxury beach retreat located in the exclusive gated community of Frangista Beach. Designed for both refined entertaining and relaxed coastal living, this stunning 6-bedroom, 5.5-bath residence features a private fenced backyard oasis complete with a sparkling pool and expansive patio area perfect for gatherings after a day at the beach.
The heart of the home is the spacious open-concept first floor, where the living, dining, and kitchen areas flow seamlessly together beneath soaring ceilings and abundant natural light, creating an inviting atmosphere for entertaining and everyday living. The fresh, sophisticated coastal design offers the perfect blend of comfort and elegance throughout all three thoughtfully designed levels.
The first-floor primary suite provides a private sanctuary, while the second floor features three additional bedrooms and two baths ideal for family and guests. The expansive third-floor suite offers a large sleeping and sitting area, wet bar, and full bath--creating the perfect bedroom area  room, media space, or private guest retreat.
Just a short stroll or golf cart ride to the sugar-white sands, dining, and entertainment, this home blends luxury, comfort, and convenience in one of Miramar Beach's most desirable communities. Whether you are seeking a full-time residence, second home, or high-performing vacation rental investment, this exceptional property offers the ultimate Emerald Coast lifestyle
Unit Size
3,121 Ft²
Days on Market
149 days
Land Size
0.09 acres
Price per sqft
$465
Property Type
House
Property Taxes
$671
HOA Dues
-
Year Built
-

Listed By

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Last updated: 21 days ago (ECAR #1003634)

Price History

Date / Event Date Event Price
Sep 26, 2026 Price Decreased $1,450,000
↓ $45K (3%)
Price Decreased
Aug 1, 2026 Price Decreased $1,495,000
↓ $30K (2%)
Price Decreased
May 21, 2026 Listed by RE/MAX by the Sea $1,525,000
Listed by RE/MAX by the Sea
Apr 19, 2023 No longer available -
No longer available
Mar 29, 2023 Listed by Pelican Real Estate $2,095,000
Listed by Pelican Real Estate
This stunning three-story home, recently built in the exclusive gated community of Villas of Frangista, offers a luxurious coastal lifestyle. This home, boasting six bedrooms and five and a half baths, 3048 square feet of elegantly designed living space, a primary suite on the first floor, and a spacious gourmet kitchen ideal for hosting guests, is perfect for those seeking comfort and entertainment. The gorgeous backyard has a privacy fence, an outdoor shower, and a private gas-heated pool that ensures year-round enjoyment under the radiant Florida sun. Located just minutes away from fine restaurants, world-class fishing, golf courses, national parks, high-end shopping centers, and our pristine sugary white beaches of the Emerald Coast, convenience is abundant. The manager has listed the unit size as 3048 square feet.
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Property Highlights

Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Kitchen Island, Owner's Closet, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Dryer, Range Hood, Refrigerator, Washer, Water Heater, Smoke Detector, Stove/Oven Gas
Flooring Type: Laminate
Rooms: 9
Exterior Details
Square Footage: 3121
Property Condition: Construction Complete
Architectural Style: Beach House
Year Built: 2022
Building Area Total: 3121
Window Features: Double Pane Windows, Window Treatment All
Construction Materials: Siding CmntFbrHrdBrd
Patio and Porch Features: Patio, Porch
Pool Features: Heated, Pool - In-Ground, Pool Type
Pool is Private
Lot Features: Covenants, Sidewalk, Survey Available, Within 1/2 Mile to Water
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Lot Size Square Feet: 3920.4
Lot Size Dimensions: 50.00 X 100.00 Approx.
Water Source: Public
Financial Details
Tax Assessed Value: $450
Tax Annual Amount: $8,058
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Legal, Licenses/Permits, Recreational Faclty

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,051
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: FRANGISTA BEACH 3RD ADDITION
  • Land Acres: 0000000093
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: LOT 3 BLK A FRANGISTA BEACH 3RD ADDITION PB 17-71 OR 2728-3342 OR 2845-3687 OR 2852-4467 OR 3170-3388

Neighborhood

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

Geography

  • Assessors Map Reference: S2-29-21
  • Parcel: 29-2S-21-42060-00A-0030
  • Block: A
  • Lot: 3
  • Meridian: SEC 29 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3833
  • Longitude: -86.3748

    Address

  • Full Address: 167 Lakeland Dr
  • Address - House Number: 167
  • Address - Street Name: Lakeland
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 4633
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $137,298
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 1,798,987
  • High Value: 1,960,996
  • Low Value: 1,636,978

    Market Valuation

  • Market Total Value: $156,462
  • Market Land Value: $156,462

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $156,462
  • Assessed Land Value: $156,462

    Sales

  • Current Sale Contract Date: Nov 11, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 20200048402
  • Previous Sale Recording Date: Nov 01, 2010
  • Previous Sale Contract Date: Oct 28, 2010
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 68
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


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Frequently Asked Questions

When was property at 167 Lakeland Drive built and last sold?
The property at 167 Lakeland Drive was built in and last sold on Nov 11, 2020 for $142,500.
How much is this home worth?
The estimated value of the home located at 167 Lakeland Drive is $1,464,500.
What are some comparable homes to 167 Lakeland Drive?
There are currently no comparable homes to 167 Lakeland Drive.