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Miramar Beach 32550
50 Walton Drive
$975,000
● House - In Contract

50 Walton Drive

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,522 Ft²
$5,560
Est. Monthly

About This Property

Gated Coastal STR in Frangista Beach | Miramar Beach | Deeded Beach Access | Pool | Emerald Coast

This gated coastal home in Frangista Beach, located in Miramar Beach along the Emerald Coast, is an active short-term rental offering strong appeal with 4 bedrooms, 3 bathrooms, a large backyard with space for a private pool, deeded beach access, shopping and dining just minutes away, and a community resort-style pool. Designed for both personal enjoyment and rental use, the property supports a relaxed coastal lifestyle with seamless access to the Gulf, resort-style amenities, and nearby conveniences. The home combines a desirable rental location with a functional layout, refined finishes, and seamless indoor-outdoor living within one of the area's most sought after beach communities. Upon entry, a radiant grand foyer sets the tone, with immediate access to a guest bedroom and full bathroom on the right, a small seating area to the left, and a large under stair storage space maximizing functionality. The main hallway opens into a spacious dining area and living room, complemented by a beautifully designed kitchen featuring quartz countertops, an expansive island, stainless steel appliances, vent hood, and a decorative crackle-glazed tile backsplash.

The living area flows directly to a private patio, creating an ideal setting for entertaining or relaxing. Upstairs, a versatile loft-style seating area with TV provides a secondary living space, well-suited for gathering, media use, or additional lounge space. The light-filled primary suite is positioned for privacy and features private balcony access, a large walk-in closet, and a well-appointed bathroom with dual vanities and an enclosed shower.

Down the hall, two additional guest bedrooms each offer direct access to a large shared balcony, enhancing the home's outdoor living appeal and providing additional space for morning coffee, evening relaxation, or hosting guests with privacy and comfort.

Outdoor features include an extended balcony and an expansive fenced-in backyard, providing ample space for recreation, pets, or future enhancements. Residents enjoy access to a private resort-style pool along with deeded beach access, supporting a true coastal lifestyle with convenient opportunities for daily beach access, poolside relaxation, and outdoor entertaining within a secure gated setting.

Ideal as a primary residence, second home, or investment property, this home combines location, layout, and lifestyle in one of Miramar Beach's most desirable neighborhoods.

4 BR | 3 BA | Active STR | Miramar Beach | Frangista Beach | Gated Community | Deeded Beach Access | Community Pool | Balcony | Fenced Yard | Investment Opportunity | Emerald Coast
Unit Size
2,522 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$387
Property Type
House
Property Taxes
$772
HOA Dues
-
Year Built
2015

Listed By

Delawalla Group
Delawalla Group
Watersound Real Estate

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Last updated: 2 days ago (ECAR #999675)

Price History

Date / Event Date Event Price
Oct 1, 2026 In contract -
In contract
Sep 12, 2026 Price Decreased $975,000
↓ $24K (2.4%)
Price Decreased
Jun 23, 2026 Price Decreased $999,000
↓ $51K (4.9%)
Price Decreased
May 25, 2026 Price Decreased $1,050,000
↓ $50K (4.6%)
Price Decreased
Apr 2, 2026 Listed by Watersound Real Estate $1,100,000
Listed by Watersound Real Estate
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Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage, Guest
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Kitchen Island, Pantry, Ceiling Raised, Lighting Recessed, Washer/Dryer Hookup
Appliances: Dishwasher, Microwave, Range Hood, Refrigerator, Water Heater, Stove/Oven Electric
Flooring Type: Hardwood, Floor Tile
Rooms: 10
Exterior Details
Square Footage: 2522
Property Condition: Construction Complete
Architectural Style: Beach House
Year Built: 2015
Building Area Total: 2522
Window Features: Double Pane Windows
Construction Materials: Siding CmntFbrHrdBrd
Patio and Porch Features: Covered, Porch
Pool Features: Pool Type
Lot Features: Covenants, Interior, Restrictions, Within 1/2 Mile to Water
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Lot Size Dimensions: 50x90x50x90
Water Source: Public
Financial Details
Tax Assessed Value: $450
Tax Annual Amount: $9,259
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Security, Accounting, Ground Keeping, Land Recreation, Recreational Faclty

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,966
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,002
  • Gross Building Area: 3,002
  • Building Area: 2,522
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,522
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANGISTA BCH 2ND ADD
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 5 BLK H FRANGISTA BCH 2ND ADD PB 3-41 OR 1754-243 OR 2475-1996 OR 2619-2550 OR 2619-3961 OR 2840-2074 OR 2893-585 OR 3245-1797

Neighborhood

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

Geography

  • Assessors Map Reference: S2-32-21
  • Parcel: 32-2S-21-42050-00H-0050
  • Block: H
  • Lot: 5
  • Meridian: SEC 32 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3809
  • Longitude: -86.3759

    Address

  • Full Address: 50 Walton Dr
  • Address - House Number: 50
  • Address - Street Name: Walton
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 4639
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 3,010
  • Tax Year: 2022
  • Tax Amount: $866,798
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 1,424,188
  • High Value: 1,552,444
  • Low Value: 1,295,931

    Market Valuation

  • Market Total Value: $973,490
  • Market Land Value: $212,288
  • Market Improvement Value: $761,202

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $973,490
  • Assessed Land Value: $212,288
  • Assessed Improvements Value: $761,202

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 29, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14716
  • Previous Sale Recording Date: Jun 18, 2012
  • Previous Sale Contract Date: Jun 14, 2012
  • Previous Sale Amount: $42,500
  • 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 50 Walton Drive built and last sold?
The property at 50 Walton Drive was built in 2015 and last sold on Mar 25, 2022 for $1,294,000.
How much is this home worth?
The estimated value of the home located at 50 Walton Drive is $1,000,523.
What are some comparable homes to 50 Walton Drive?
There are currently no comparable homes to 50 Walton Drive.