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Miramar Beach 32550
18 Lakeland Drive
$995,000
↓ $80K (7.4%)
● House - For Sale

18 Lakeland Drive

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
4 Baths
square feet
2,907 Ft²
$5,721
Est. Monthly

About This Property

Located in the gated community of Villas of Frangista in Miramar Beach, this spacious 3-bedroom short-term rental with a bonus bunk area and 4 full bathrooms offers comfort and flexibility.

The well-designed layout provides generous living and entertaining space, ideal for a second home or STR investment. Each bedroom has access to a full bath, while the additional bunk area increases sleeping capacity. Residents and guests enjoy access to a large community pool.

Just one mile from the largest public beach access in Miramar Beach and minutes from Silver Sands Premium Outlets and Destin Commons, this property combines location, lifestyle, and rental potential in one of the area's most desirable communities.
Unit Size
2,907 Ft²
Days on Market
225 days
Land Size
0.10 acres
Price per sqft
$342
Property Type
House
Property Taxes
$835
HOA Dues
-
Year Built
2018

Listed By

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Last updated: 5 months ago (ECAR #996543)

Price History

Date / Event Date Event Price
May 20, 2026 Price Decreased $995,000
↓ $80K (7.5%)
Price Decreased
Feb 28, 2026 Listed by EXP Realty LLC $1,075,067
Listed by EXP Realty LLC
Apr 28, 2025 Price Decreased $1,275,000
↓ $50K (3.8%)
Price Decreased
Feb 17, 2025 Price Decreased $1,325,000
↓ $125K (8.6%)
Price Decreased
Feb 23, 2024 No longer available -
No longer available
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Property Highlights

Parking Available
Air Conditioning
Parking Details
Has Carport
Parking Features: Carport
Interior Details
Full Bathrooms: 4
Interior Features: Owner's Closet
Rooms: 6
Exterior Details
Square Footage: 2907
Property Condition: Construction Complete
Architectural Style: Beach House
Year Built: 2018
Building Area Total: 2907
Pool Features: Pool Type
Pool is Private
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Lot Size Dimensions: TBD
Financial Details
Tax Assessed Value: $450
Tax Annual Amount: $10,023
Utilities Details
Cooling Type: Central Air
Location Details
HOA/Condo/Coop Fee Includes: Ground Keeping, Management, Master Association

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 3
  • Garage Square Area: 198
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 430
  • Total Building Area: 2,907
  • Gross Building Area: 2,907
  • Building Area: 2,907
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,907
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANGISTA BEACH 3RD ADDITION
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 49 BLK A FRANGISTA BEACH 3RD ADDITION PB 17-71 OR 2729-1245 OR 2896-3633 OR 2918-991 OR 3040-3329 OR 3094-4330 OR 3148-3425 OR 3252-3700

Neighborhood

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

Geography

  • Assessors Map Reference: S2-29-21
  • Parcel: 29-2S-21-42060-00A-0490
  • Block: A
  • Lot: 49
  • Meridian: SEC 29 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3824
  • Longitude: -86.3756

    Address

  • Full Address: 18 Lakeland Dr
  • Address - House Number: 18
  • Address - Street Name: Lakeland
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 4632
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 3,040
  • Tax Year: 2022
  • Tax Amount: $690,985
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 1,347,235
  • High Value: 1,468,561
  • Low Value: 1,225,908

    Market Valuation

  • Market Total Value: $925,622
  • Market Land Value: $156,462
  • Market Improvement Value: $769,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $925,622
  • Assessed Land Value: $156,462
  • Assessed Improvements Value: $769,160

    Sales

  • Current Sale Contract Date: May 17, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23577
  • Previous Sale Recording Date: Jul 01, 2020
  • Previous Sale Contract Date: Jun 30, 2020
  • Previous Sale Amount: $680,000
  • 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


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Frequently Asked Questions

When was property at 18 Lakeland Drive built and last sold?
The property at 18 Lakeland Drive was built in 2018 and last sold on May 17, 2022 for $9,450.
How much is this home worth?
The estimated value of the home located at 18 Lakeland Drive is $1,025,458.
What are some comparable homes to 18 Lakeland Drive?
There are currently no comparable homes to 18 Lakeland Drive.