$2,399,000
Welcome to Emerald Waters Village, one of Miramar Beach's most sought-after gated communities, where coastal luxury meets exceptional investment potential. Just a short walk to private beach access, this beautifully renovated three-story home offers the rare combination of location, size, and income-producing opportunity. Designed to comfortably accommodate up to 16 guests, this spacious 5-bedroom, 5-bathroom retreat is perfectly suited as a high-performing vacation rental, second home, or full-time residence. Multiple balconies and outdoor living spaces provide the perfect setting for enjoying Gulf breezes, morning coffee, and evenings with family and friends after a day at the beach.
Extensively renovated from top to bottom, this home offers peace of mind with major improvements already completed, including a new metal roof, updated stucco and exterior paint, new impact-rated sliding glass doors, upgraded HVAC systems, and over $40,000 invested in balcony and terrace enhancements featuring premium tile and advanced waterproofing.
Inside, the home showcases sophisticated finishes and thoughtful craftsmanship throughout. The redesigned kitchen and bathrooms feature imported materials, custom Italian glass cabinetry, high-end fixtures, and premium waterproofing systems. New drywall, insulation, flooring, plumbing components, and a stunning white oak staircase further elevate the home's modern coastal design.
Residents and guests enjoy access to two community pools and private beach access while being minutes from Destin Commons, Silver Sands Premium Outlets, Publix, Starbucks, Whale's Tail Beach Bar & Grill, and some of the Emerald Coast's most popular attractions. Topsail Hill Preserve State Park and Destin HarborWalk are also just a short drive away.
Whether you're seeking a luxury beach getaway, a primary residence near the coast, or a turnkey investment property in one of Northwest Florida's strongest vacation rental markets, this exceptional home delivers the location, lifestyle, and upgrades that today's buyers are searching for.
All information deemed reliable but not guaranteed. Buyer to verify all information, dimensions, and rental projections.
5
Beds
⋅
5
Baths
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981954
MLS
20 St Francis Dr, Miramar Beach