When was property at 55 Shelley's Way built and last sold?

The property at 55 Shelley's Way was built in and last sold on Feb 14, 2020 for $162,500.

How much is this home worth?

The estimated value of the home located at 55 Shelley's Way is $453,490.

What are some comparable homes to 55 Shelley's Way?

There are currently no comparable homes to 55 Shelley's Way.

Miramar Beach

32550

55 Shelley's Way

Map

$449,000

● Land - For Sale

55 Shelley's Way

Miramar Beach, FL 32550

Studio

0 Bath

$2,205

Est. Monthly

About This Property

Coastal Luxury Meets Prime Location. Welcome to your slice of paradise in the exclusive gated community of The Villas of Frangista Beach. This extra-large .26-acre buildable lot is perfectly positioned on a quiet, low-traffic cul-de-sac, offering privacy & tranquility just a short walk from the sugar-white sand & turquoise waters of the Gulf. Whether you're envisioning a primary home, beach retreat, or high-performing investment property, this high-elevation homesite provides the ideal canvas--w/no build-out time & prelim house plans included to jumpstart your vision. Enjoy the charm of pavered streets, comm pool & clubhouse & low HOA fees. You're just a short stroll from cafes, shopping & championship golf courses-- everything you need to embrace the Emerald Cst lifestyle at its fines

Unit Size

Days on Market

53 days

Land Size

0.26 acres

Price per sqft

Property Type

Land

Property Taxes

HOA Dues

Year Built

Listed By

Karen Martineau

[email protected]

RE/MAX Coastal Properties

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (ECAR #988463)

Price History

Date / Event	Date	Event
Aug 14, 2026	Relisted	$449,000
Relisted
May 23, 2026	No longer available	-
No longer available
Mar 17, 2026	Price Decreased	$449,000 ↓ $126K (21.9%)
Price Decreased
Feb 6, 2026	Price Decreased	$574,960 ↓ $25K (4.2%)
Price Decreased
Jan 3, 2026	Price Decreased	$599,900 ↓ $49K (7.6%)
Price Decreased
Oct 28, 2025	Listed by RE/MAX Coastal Properties	$649,000
Listed by RE/MAX Coastal Properties
Mar 2, 2020	Sold	Premium
Sold
Jul 6, 2018	Sold	Premium
Sold

Property Highlights

Exterior Details

Lot Features: Cul-De-Sac, Wooded, Covenants, Irregular, Within 1/2 Mile to Water

Lot Size Area: 0.26

Lot Size Units: Acres

Lot Size Acres: 0.26

Lot Size Square Feet: 11325.6

Lot Size Dimensions: 42x204x150x113

Financial Details

Tax Assessed Value: $450

Utilities Details

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Accounting, Ground Keeping, Legal, Recreational Faclty

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 11,482

Lot Size Depth Feet: 1,610
Lot Size Frontage Feet: 400
Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: V
Subdivision: FRANGISTA BEACH 3RD ADDITION
Land Acres: 0000000264
Standard Land Use Code: 8000
County Land Use Code: 00
Legal Description 1: LOT 31 BLK A FRANGISTA BEACH 3RD ADDITION PB 17-71 OR 2728-3342 OR 2845-3687 OR 2852-4467 OR 3078-3772 OR 3134-4043

Neighborhood

School District Name: Walton County School District

Census Tract: 950609

Geography

Assessors Map Reference: S2-29-21

Parcel: 29-2S-21-42060-00A-0310
Block: A
Lot: 31
Meridian: SEC 29 TWN 02S RNG 021
Municipality: SOUTH WALTON FIRE
Latitude: 30.3834
Longitude: -86.3768

Address

Full Address: 55 Shelleys Way

Address - House Number: 55
Address - Street Name: Shelleys
Address - Suffix Type: Way
State: FL
City Name: Miramar Beach
Carrier Code: C015
4-Digit Zip Code: 4631
Zip Code: 32550

Valuation

Tax

Tax Year: 2022

Tax Amount: $151,029
Tax Rate Code Area: 007

Market Valuation

Market Total Value: $172,108

Market Land Value: $172,108

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $172,108
Assessed Land Value: $172,108

Sales

Current Sale Contract Date: Feb 14, 2020

Current Sale Recording Date: Mar 02, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20200007391
Previous Sale Recording Date: Jul 06, 2018
Previous Sale Contract Date: Jul 02, 2018
Previous Sale Amount: $124,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Miramar Beach

Stats & Trends

Median Asking:

$732,450

Sale Price/ft²

$498

Below Asking

0.03%

Average Days on Market

Average Home Size

1712 ft²

Average Home Age

26.6 years

Currently For Sale

988 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Listed by: Karen K Martineau, RE/MAX Coastal Properties
Last Updated: 2 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 988463

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