1952 Scenic Gulf DR #107 Miramar Beach, FL 32550 New
UPDATED: 09/20/2026 10:16 PM ON MARKET: 1 days on market
$520,000
2 Beds2 Baths958 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 958 sqft
Price per Sqft $542
Subdivision Emerald Waters
MLS Listing ID 1012386
Bedrooms 2
Full Baths 2
HOA Fees $933/mo
HOA Y/N Yes
Year Built 2002
Annual Tax Amount $4,090
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 958
Property Description
Unit 107 Emerald Waters is located on Scenic Gulf Dr in the Frangista Beach area of Miramar Beach. This 2BR, 2BA is conveniently located on the first-floor -- meaning no need to ever wait on elevators. Park near your unit and enjoy easy access from the condominium to the open balcony.
The kitchen features granite countertops, custom tile-backsplash, under-cabinet lighting, stainless steel appliances, and pendant lights over the breakfast bar.
The primary suite includes an updated bathroom with a tiled walk-in shower and double-sink vanity.
Notable details include 9-foot ceilings, crown molding, updated lighting & plumbing fixtures, tile plank flooring throughout the main living areas and both bedrooms, and a brand-new HVAC system. The laundry room is equipped with a FULL-SIZED washer and dryer.
The guest bedroom is designed for maximum versatility, featuring shiplap accent walls and custom built-in twin-over-king bunks that provide additional sleeping space without sacrificing comfort. The adjoining guest bath offers a tub/shower combo, tile surrounded with a sliding glass enclosure.
Step outside to a covered porch and grassy area, perfect for enjoying the gulf breeze or providing convenient outdoor space for pets. Emerald Waters is a low-density, 36-unit complex with a pool, hot tub, grilling area, ample parking, and professionally maintained grounds. The seller anticipates $33K in gross rental revenue for 2026.
The community improvements that have already been completed and funded, including a new roof, structural columns, exterior re-painting, and updated exterior lighting.
Scenic Gulf Drive is a top southwest Walton County destination. Emerald Waters is convenient to the beach, restaurants, a coffeehouse with Wi-Fi, and a short drive to Miramar Beach destinations. This turnkey condo offers an exceptional combination of location, convenience, and revenue stream potential.
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