See Home Value
Miramar Beach 32550
274 Lakeland Drive
$950,000
● House - Off Market

274 Lakeland Drive

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,524 Ft²
$5,527
Est. Monthly
3.02%
Cap Rate

About This Property

Coastal retreat in Frangista Beach! This fully furnished 4BR/4BA home is located in a highly sought-after gated community, offering luxury living and excellent short-term rental potential.

The two-story residence boasts timeless curb appeal with lush landscaping and a one-car garage. Inside, the open-concept main level is bright and inviting, featuring a spacious living area and a well-appointed kitchen with granite countertops, stainless steel appliances, and ample storage.

The first floor includes a guest bedroom with a full bath, while upstairs you'll find the master suite, two additional bedrooms-including one with built-in double bunks-and a loft with a daybed. Each bedroom has its own bathroom, ensuring comfort and privacy for all. Step outside to a private backyard with a covered patio, ideal for outdoor dining or relaxing in the Florida sunshine. The yard is large enough to add a pool, further enhancing rental income and guest appeal.

Frangista Beach residents and guests enjoy gated security, a community pool, and close proximity to the sugar-white sands of the Emerald Coast. Shopping, dining, and entertainment in Miramar Beach are just minutes away, making this property perfectly positioned for both personal enjoyment and investment success.

Don't miss this opportunity to own a proven short-term rental in one of the Emerald Coast's most desirable communities!
Unit Size
2,524 Ft²
Days on Market
63 days
Land Size
0.12 acres
Price per sqft
$396
Property Type
House
Property Taxes
$616
HOA Dues
-
Year Built
2019

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Last updated: 2 months ago (ECAR #984963)

Price History

Date / Event Date Event Price
Nov 13, 2025 Sold
Sold
Oct 16, 2025 In contract -
In contract
Sep 9, 2025 Listed by Coldwell Banker Realty $1,000,000
Listed by Coldwell Banker Realty
Jan 7, 2020 Sold
Sold
Jun 13, 2018 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 294
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,126
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,818
  • Gross Building Area: 2,818
  • Building Area: 2,524
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,524
  • 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: 0000000118
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 15 BLK A FRANGISTA BEACH 3RD ADDITION PB 17-71 OR 2729-1245 OR 2896-3633 OR 2918-991 OR 3076-2359 OR 3129-2458

Neighborhood

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

Geography

  • Assessors Map Reference: S2-29-21
  • Parcel: 29-2S-21-42060-00A-0150
  • Block: A
  • Lot: 15
  • Meridian: SEC 29 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3818
  • Longitude: -86.3753

    Address

  • Full Address: 274 Lakeland Dr
  • Address - House Number: 274
  • Address - Street Name: Lakeland
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 4634
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 2,742
  • Tax Year: 2022
  • Tax Amount: $648,125
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.0888
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 92
  • Final Value: 1,121,811
  • High Value: 1,221,430
  • Low Value: 1,022,193

    Market Valuation

  • Market Total Value: $915,523
  • Market Land Value: $283,050
  • Market Improvement Value: $632,473

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $915,523
  • Assessed Land Value: $283,050
  • Assessed Improvements Value: $632,473

    Sales

  • Current Sale Contract Date: Jan 02, 2020
  • Current Sale Recording Date: Jan 07, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200000562
  • Previous Sale Recording Date: Jun 13, 2018
  • Previous Sale Contract Date: Jun 08, 2018
  • Previous Sale Amount: $331,500
  • 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 274 Lakeland Drive built and last sold?
The property at 274 Lakeland Drive was built in 2019 and last sold on Jan 2, 2020 for $537,000.
How much is this home worth?
The estimated value of the home located at 274 Lakeland Drive is $0.
What are some comparable homes to 274 Lakeland Drive?
There are currently no comparable homes to 274 Lakeland Drive.