See Home Value
$1,135,000
● House - Off Market

21 Onyx Cove

Miramar Beach, FL 32550
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$5,721
Est. Monthly
1.76%
Cap Rate

About This Property

Featuring a new roof installed in 2026 and three full years of rental actuals averaging $106,000 annually, this fully furnished coastal home offers a proven, income-backed opportunity for investors, second-home buyers, or full-time residents.

Professionally designed and fully updated, this three-story coastal home sits on a quiet cul-de-sac in the gated community of Emerald Shores, just a short walk from the Gulf with exclusive deeded beach access and a private beachfront pavilion reserved for owners and guests.This beloved retreat invites you to continue its legacy as an Airbnb favorite, proudly ranked in the Top 5% worldwide with over 80 glowing reviews. Inside, the home features a bright, open layout with new LVP flooring, vaulted ceilings, and a completely redesigned kitchen showcasing quartz countertops, stainless steel appliances, and custom finishes with a clean coastal aesthetic.

The primary suite on the first floor offers comfort and convenience, along with an updated half bath and full laundry area. On the second level, you'll find two guest bedrooms, each with private balcony access, and a shared bath featuring a fully tiled walk-in shower.

The third floor provides added flexibility with two more bedrooms connected by French doors, both with balcony access, plus a built-in office nook ideal for remote work or study.

Enjoy outdoor living with a screened-in porch, multiple balconies, and room for grilling or relaxing after a day at the beach.

Emerald Shores is one of the only communities north of Scenic 98 with true beachfront ownership, providing residents with access to a private Gulf-front pavilion. Additional community amenities include a beach shuttle, two pools (one heated), tennis, pickleball, and basketball courts, all within a quiet, low-density neighborhood.

With gated access from both Scenic Hwy 98 and Emerald Coast Parkway, you're minutes from shopping, dining, golf, and everything Destin and Miramar Beach have to offer. Most guests take advantage of the walkable location and nearby bike paths, yet the home provides dedicated parking and access to overflow lots for added convenience.

This turnkey beach home blends high-end updates, smart layout, and unbeatable location and with a brand-new roof included, it's a rare opportunity in one of the most desirable communities along the Emerald Coast.
Unit Size
-
Days on Market
157 days
Land Size
0.08 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

Last updated: 6 months ago (ECAR #986024)

Price History

Date / Event Date Event Price
Feb 27, 2026 Sold
Sold
Feb 20, 2026 In contract -
In contract
Feb 9, 2026 Price Decreased $1,165,000
↓ $10K (0.9%)
Price Decreased
Jan 22, 2026 Price Decreased $1,175,000
↓ $10K (0.8%)
Price Decreased
Sep 23, 2025 Listed by EXP Realty LLC $1,185,000
Listed by EXP Realty LLC
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,386
  • Lot Size Depth Feet: 580
  • Lot Size Frontage Feet: 210
  • Total Building Area: 2,614
  • Gross Building Area: 2,614
  • Building Area: 2,614
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,614
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD SHORES OF SOUTH WALTON
  • Land Acres: 0000000078
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 24 EMERALD SHORES OF SOUTH WALTON S/D PB 9-33 OR 1030-28 OR 1084-222 OR 1270-303 OR 2460-1174 OR 2866-2103 OR 2986-598 OR 3266-2064

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950608

Geography

  • Assessors Map Reference: S2-30-21
  • Parcel: 30-2S-21-42830-000-0240
  • Block: 2
  • Lot: 24
  • Meridian: SEC 30 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3834
  • Longitude: -86.3972

    Address

  • Full Address: 21 Onyx Cv
  • Address - House Number: 21
  • Address - Street Name: Onyx
  • Address - Suffix Type: Cv
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5238
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,665
  • Tax Year: 2022
  • Tax Amount: $614,181
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2191
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 1,269,247
  • High Value: 1,547,355
  • Low Value: 991,140

    Market Valuation

  • Market Total Value: $780,193
  • Market Land Value: $117,039
  • Market Improvement Value: $663,154

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $780,193
  • Assessed Land Value: $117,039
  • Assessed Improvements Value: $663,154

    Sales

  • Current Sale Contract Date: Mar 10, 2022
  • Current Sale Recording Date: Mar 15, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12152
  • Previous Sale Recording Date: Jul 31, 2015
  • Previous Sale Contract Date: Jun 22, 2015
  • Previous Sale Amount: $447,100
  • 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 21 Onyx Cove built and last sold?
The property at 21 Onyx Cove was built in 1996 and last sold on Mar 10, 2022 for $1,180,000.
How much is this home worth?
The estimated value of the home located at 21 Onyx Cove is $1,176,650.
What are some comparable homes to 21 Onyx Cove?
There are currently no comparable homes to 21 Onyx Cove.