80
Map
$1,530,000
↓ $45K (2.9%)
●
House -
For Sale
48 Ruth Street
Miramar Beach, FL 32550
4 Beds
4 Baths
3,325 Ft²
$8,096
Est. Monthly
About This Property
Welcome to 48 Ruth Street, a beautifully appointed coastal retreat
tucked away in the highly sought-after Villas of Frangista
community of Miramar Beach. Just moments from the sugar-white sands
and emerald waters of the Gulf, this spacious 4-bedroom, 4-bath
home offers the perfect blend of luxury, comfort, and investment
potential.
Designed with both relaxation and entertaining in mind, the home features an open-concept layout, generous living spaces, and multiple private bedroom suites ideal for hosting family and guests. Coastal-inspired finishes, abundant natural light, and thoughtfully designed interiors create a warm and inviting atmosphere throughout.
Whether you are searching for a primary residence, second home, or income-producing vacation rental, this property checks every box. Located near beach access, dining, shopping, and all that the Emerald Coast lifestyle has to offer, 48 Ruth Street places you in the heart of one of the area's most desirable beach communities.
Enjoy mornings by the beach, afternoons by the pool, and evenings entertaining after a day on 30A and the Gulf Coast. This is the coastal lifestyle buyers are looking for.
Designed with both relaxation and entertaining in mind, the home features an open-concept layout, generous living spaces, and multiple private bedroom suites ideal for hosting family and guests. Coastal-inspired finishes, abundant natural light, and thoughtfully designed interiors create a warm and inviting atmosphere throughout.
Whether you are searching for a primary residence, second home, or income-producing vacation rental, this property checks every box. Located near beach access, dining, shopping, and all that the Emerald Coast lifestyle has to offer, 48 Ruth Street places you in the heart of one of the area's most desirable beach communities.
Enjoy mornings by the beach, afternoons by the pool, and evenings entertaining after a day on 30A and the Gulf Coast. This is the coastal lifestyle buyers are looking for.
Unit Size
3,325 Ft²
Days on Market
135 days
Land Size
0.12 acres
Price per sqft
$460
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
2013
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (ECAR #1003325)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2026 | Price Decreased |
$1,530,000
↓ $45K
(2.9%) | |
| Price Decreased | |||
| May 18, 2026 | Listed by The Premier Property Group Seacrest Office | $1,575,000 | |
| Listed by The Premier Property Group Seacrest Office | |||
| Mar 2, 2025 | Price Decreased |
$1,775,000
↓ $75K
(4.1%) | |
| Price Decreased | |||
| Jan 31, 2025 | Listed | $1,850,000 | |
| Listed | |||
| | |||
|
WOW! This custom-built home has everything you could ask for including gleaming engineered hardwoods, Viking refrigerator, gas stovetop, marble countertops, & built-in surround sound just to name a few. The over 3300 sq. ft. of luxury includes 4 bedrooms each with it's own ensuite bath. The spacious flex room upstairs has endless possibilities, and could easily fit 4 bunkbeds. Outside, a screened-in lanai along with a private, fenced backyard provides year-round enjoyment. The oversized one-car garage will fit a golf cart and SUV. Top of the line home furnishings with a few exclusions are included. This home is located behind the gates of the Villas of Frangista within 1/2 mile of the gated, beach access, restaurants. This home is a show-stopper and has never been on a rental program. You won't find anything "builder grade" and everything has been meticulously maintained. X Flood Zone and a newer metal roof gives extra peace of mind during storm season. A community pool is also available - all that's left to bring is you! Welcome home!
| |||
| Dec 3, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 4
Interior Features: Bookcases, Kitchen Island, Pantry, Washer/Dryer Hookup, Woodwork Painted
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Auto Garage Door Opn
Flooring Type: Hardwood, Floor Tile, Floor WW Carpet
Rooms: 7
Exterior Details
Square Footage: 3325
Property Condition: Construction Complete
Architectural Style: Beach House
Year Built: 2013
Building Area Total: 3325
Window Features: Window Treatment All
Construction Materials: Siding CmntFbrHrdBrd, Trim Wood
Patio and Porch Features: Covered, Porch, Screened
Pool Features: Pool Type
Lot Features: Level, Covenants, Interior, Within 1/2 Mile to Water
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Lot Size Dimensions: 48x100
Water Source: Public
Financial Details
Tax Assessed Value: $450
Tax Annual Amount: $6,993
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Location Details
HOA/Condo/Coop Fee Includes: Security, Accounting, Legal, Management, Master Association, Recreational Faclty
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Miramar Beach
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Listed by: Courtney W Stubley, The Premier Property Group Seacrest Office
Last Updated: 3 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1003325
Last Updated: 3 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1003325
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