12 days on rocket

138 Beach Dr W, Miramar Beach, FL, 32550

$16,995,000

6 Bedrooms
6 Full Baths, 1 Partial
7,768 SqFt
$2,188/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingOversized
Attached Garage2 spaces
Year Built2017
CoolingCeiling Fan(s)
WaterfrontGulf
ViewGulf
Private PoolYes
MLS #949543
StatusActive

About 138 Beach Dr W

Experience the epitome of coastal luxury living with this extraordinary 6-bedroom, 6.5-bathroom sanctuary, poised to generate over $650k in rental income. Embraced by 100 feet of pristine beach frontage on a generous .5-acre lot, this haven promises an unparalleled escape. Upon entry, be greeted by a grand foyer leading to an expansive first floor, boasting a game room replete with a game table, foosball table, ping pong table, arcade, and shuffleboard, ensuring endless entertainment. Adjacent, find solace in the in-home fitness center equipped with workout amenities and on-demand workouts, or retreat to the oversized garage, accommodating all your storage needs. Ascend to the second floor, the heart of the home, where an open floor plan seamlessly connects the kitchen, dining, and expansive living areas. The gourmet kitchen, adorned with premium appliances and a spacious island, invites culinary delights, while two primary bedrooms with ensuite bathrooms offer unparalleled retreats. Relax in the spacious media room or step outdoors to the Gulf-facing patio, featuring an outdoor dining area, kitchen, gas grill, and the pièce de résistancea stunning pool area boasting a sprawling deck, heated infinity pool, and rejuvenating hot tub. Venture to the third floor, where three additional primary bedrooms, each with ensuite bathrooms, await alongside an additional bunk room, ensuring ample accommodations for all. Then, proceed to the fourth floor, where two additional bunk rooms complete this coastal masterpiece. With parking for six vehicles and proximity to local attractions, this property transcends mere accommodationit offers a gateway to an extraordinary coastal lifestyle. Contact us today for rental projections & cost-to-own figures.

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 2017
  • Stories: 4
  • Living Area: 7,768 SqFt

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Spears Group

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Washer
  • Flooring Type: Marble, Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: BBQ Pit/Grill, Columns, Deck Open, Patio Covered, Pool - Heated, Porch, Shower, Summer Kitchen

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Oversized

Lot Features

Lot Information:

  • Lot: Sidewalk, Within 1/2 Mile to Water

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • South Walton High School, Public District Grades 9-12
  • Freeport Senior High School, Public District Grades 9-12
  • Walton High School, Public District Grades 9-12
  • Emerald Coast Middle School, Public District Grades 5-8
  • Freeport Middle School, Public District Grades 5-8
  • Walton Middle School, Public District Grades 6-8
  • Van R. Butler Elementary School, Public District Grades PK-4
  • Bay Elementary School, Public District Grades PK-4
  • Freeport Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Located within Gulf Pines

Price Information

Listing Price Info

Price Summary:

  • List Price: $16,995,000
  • Price Per SqFt: $2,188/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Annually

Tax Information:

  • Annual Amount: $44,314
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miramar Beach, FL.

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Miramar Beach, FL

City

Med. Sold Price

$728.5K

Med. Price/SqFt

$487

Avg. Days On Market

88

# of Sold Homes

56

138 Beach Dr W vs Miramar Beach

12 DAYS ON ROCKET

-76 Days

$16,995,000

+$16.2M More

$2,188/SqFt

+$1.7K More

KEY TAKEAWAY

This property is $16.2M more than the Median Sold Price and $1.7K/SqFt more than other homes in Miramar Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #949543

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Spears Group

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2024, 11:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 17, 2019Home Sold
$6,575,000
Aug 15, 2014Home Sold
$1,385,000
Nov 05, 2012Home Sold
$1,000,000
Jul 26, 2004Home Sold
$3,000,000
Sep 03, 1999Home Sold
$800,000

Tax History

YEARPROP. TAXASSESSMENT
2020$44,314$4,439,228
2019$37,042$3,715,252
2017$17,034$1,809,370

History based on county public records data.

Payment Calculator

$84.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$51K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-422777
7
/10

  • Van R. Butler Elementary School

  • 6694 W County Highway 30a

  • 4.60 miles

  • Public District Grades PK-4

school-card-donut-422778
7
/10

  • Bay Elementary School

  • 118 Gilmore Rd

  • 13.07 miles

  • Public District Grades PK-4

school-card-donut-422779
6
/10

  • Freeport Elementary School

  • 15381 Us Hwyy 331 South

  • 15.58 miles

  • Public District Grades PK-4

Middle School

school-card-donut-422780
6
/10

  • Emerald Coast Middle School

  • 4019 Us Hwy 98e

  • 5.47 miles

  • Public District Grades 5-8

school-card-donut-422781
6
/10

  • Freeport Middle School

  • 360 Kylea Laird Dr

  • 15.19 miles

  • Public District Grades 5-8

school-card-donut-422782
4
/10

  • Walton Middle School

  • 625 Park Ave

  • 27.15 miles

  • Public District Grades 6-8

High School

school-card-donut-422783
8
/10

  • South Walton High School

  • 645 Greenway Trl

  • 9.43 miles

  • Public District Grades 9-12

school-card-donut-422784
9
/10

  • Freeport Senior High School

  • 12615 Us Hwy 331 South

  • 17.82 miles

  • Public District Grades 9-12

school-card-donut-422785
6
/10

  • Walton High School

  • 449 Walton Rd

  • 28.55 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,587. Most Miramar Beach, FL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 138 Beach Dr W

What is the listing price of this property?

The listing price of 138 Beach Dr W property is $16,995,000.

What type of property is this?

The property 138 Beach Dr W is a house located in Miramar Beach, Florida, 32550.

Is this property for sale now?

Active Listing: 138 Beach Dr W is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 138 Beach Dr W are:
Van R. Butler Elementary School: GreatSchools Rating 7/10
Bay Elementary School: GreatSchools Rating 7/10
Freeport Elementary School: GreatSchools Rating 6/10
Emerald Coast Middle School: GreatSchools Rating 6/10
Freeport Middle School: GreatSchools Rating 6/10
Walton Middle School: GreatSchools Rating 4/10
South Walton High School: GreatSchools Rating 8/10
Freeport Senior High School: GreatSchools Rating 9/10
Walton High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $44,314 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 17, 2019 for $6,575,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 138 Beach Dr W has 6 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 138 Beach Dr W is 7,768 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 138 Beach Dr W is 2017.
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Rocket Homes›Florida›Walton County›Miramar Beach›32550›138 Beach Dr W

This home is located at 138 Beach Dr W in Miramar Beach, FL and zip code 32550. This 7,768 square foot home was built in 2017. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $16,995,000.

While more than 1 listings in Miramar Beach, FL in April 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 50 were sold below. The number of listings in Miramar Beach, FL increased by 11.5% between March 2024 and April 2024. The median list price of listings available in April 2024 was $728,500, while the average time on the real estate market was 88 days.

From Rocket Homes Real Estate and based on county public records data.

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