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17 St Martin Circle
About This Property
Introducing 17 St Martin Circle, an extraordinary Gulf-view Beach House located in the gated beachfront community of Maravilla in Miramar Beach. Positioned on the coveted first tier to the Gulf, this remarkable residence captures breathtaking, unobstructed views of the emerald waters and sugar-white sands that define Florida's Emerald Coast.
With over 5,500 square feet, this impressive coastal retreat provides 7 bedrooms & 8 bathrooms, thoughtfully designed to accommodate large gatherings, multigenerational living, or luxury vacation rental potential. With three levels of Gulf-facing terraces and balconies, the home is designed to showcase the spectacular views and coastal lifestyle.
A grand entry welcomes you into expansive living spaces filled with natural light and elegant finishes. The chef's kitchen is a standout feature, equipped with professional-grade appliances, double refrigerator, gas range, double ovens, and a butler's pantry, making it ideal for entertaining on a grand scale. Adjacent dining and gathering spaces flow effortlessly for both casual coastal living and memorable hosting.
The Gulf-facing primary suite is a private sanctuary, opening to a 39-foot balcony with sweeping panoramic views of the coastline. The spa-inspired primary bath features a soaking tub positioned to capture sunset views, dual vanities, a walk-in shower, and generous closet space.
Designed for both relaxation and entertainment, the home also features a media and recreation lounge complete with wet bar, wine chiller, ice maker, and fireplace, creating the perfect setting for evenings with friends and family after a day at the beach. The home is offered fully furnished, making it move-in or vacation rental ready.
Outdoor living is equally exceptional. Multiple terraces and balconies provide front-row seats to the Gulf's famous sunsets and seasonal fireworks displays. The property also offers space to create a private Gulf-view pool, further enhancing the home's resort-style appeal.
Located within the gated community of Maravilla, residents enjoy privacy, security, and direct access to one of the longest and most beautiful stretches of private deeded beach along the Emerald Coast, together with tennis, basketball, pickleball, community pools and a clubhouse.
With its commanding Gulf views, generous bedroom count, multiple entertaining spaces, elevator access, and prime location just steps from the beach, the home offers exceptional potential as a luxury vacation rental investment or private coastal retreat along one of the most desirable stretches of Miramar Beach.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
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| Mar 16, 2026 | Listed by Compass | $4,200,000 | |
| Listed by Compass | |||
| May 24, 2025 | Listed | $4,700,000 | |
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Welcome to 17 St Martin Cir, a breathtaking luxury first-tier Gulf-facing estate located in the sought-after Miramar Beach, FL in the gated community of Miravilla Shores. This stunning single-family detached home offers an expansive 5,521 square feet of living space, meticulously designed to provide an unparalleled living experience. Boasting seven spacious bedrooms and eight luxurious bathrooms, this home effortlessly combines elegance and comfort. Upon entering, you are greeted by a grand foyer leading to an inviting dining alcove, perfect for hosting intimate gatherings. The chef's kitchen is a culinary masterpiece, featuring a breakfast bar, butlers pantry, double oven, and top-of-the-line Energy Star appliances that include a double refrigerator, professional gas range, and range hood. Sleek stainless steel appliances and premium counters complete the sophisticated design. Make your way to the second floor by grand stairway or elevator and be greeted by four bedrooms, including the luxurious Gulf-facing primary suite with breath-taking, unobstructed beach views from the expansive 39' balcony. Catch a sunset view while soaking in the large soaking tub located in the primary bath, further featuring a walk-in shower, dual vanities, and two walk-in closets. The Jack and Jill style bedrooms share a full bath with walk-in shower, and guest count is maximized in the bunk room which features a charming Juliette balcony and additional full bath. For further entertainment and relaxation, you will find a recreation room/lounge area with a double-sided gas fireplace, a fully-equipped wet bar with two 50 inch tv's, GE ice maker, GE wine chiller, and card table for the perfect game night on the Gulf. From the 39' third-story balcony you will be mesmerized by the most iconic views of the Gulf that Miramar Beach has to offer- the perfect location to watch the 4th of July fireworks, which are visible as far as the eye can see. There simply is not a better view in town than from this balcony! Relax in style in the media/recreation room or unwind in the cozy library/den, both offering versatile spaces for entertainment and leisure. The home's working fireplaces add warmth and charm to the main living area and two Master Suites. Step outside to discover your private oasis, complete with stunning 3-story terraces and balconies, ideal for soaking in the incredible Gulf views and enjoying the beautiful Florida weather, with the option to add a Gulf-facing private pool. The property is fully furnished to a high standard, ensuring a seamless move-in experience. Security is paramount, with features including a security patrol, security gate, security system, and video security providing peace of mind. This exquisite property combines luxury, privacy, and security, making it an exceptional place to call home. Don't miss this rare opportunity to own a piece of paradise in Miramar Beach.
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| Aug 19, 2023 | No longer available | - | |
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| Aug 2, 2023 | No longer available | - | |
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| Jul 31, 2023 | Listed by Engel & Volkers 30A Beaches | $4,999,999 | |
| Listed by Engel & Volkers 30A Beaches | |||
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The Beach Life Has Never Felt So Good. Welcome to 17 St. Martin Circle. This 3 Story Palace features 7 Bed/8 Bath and with over 5500Sqft. Each floor offers spacious balconies that have the best Gulf Views one could wish for. The first floor offers a custom kitchen, a plush living area and direct exit out the back balcony to the sugary white sands. The second floor is home to a massive master suite that has elevated water views and ensuite that would rival any 5 star resort. As you make your way to the 3rd floor you will find yourself in the lounge area that offers comfortable seating and exquisite wet bar.Step out on the balcony to enjoy those picturesque sunsets. Other features of the home include Venetian walls, travertine tile, an elevator, iron railings and a 2 car garage The manager has listed the unit size as 5521 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017