Rental powerhouse! 2025 ACTUAL gross rentals = $427,810. 2026 = $411,099 already on the books. Summer, fall and holidays still filling in. A treasured location with private beach. Even Pappy Van Winkle would savor Bourbon Beach, designed for best times in Florida's renowned Miramar Beach. With private deeded beach access, Bourbon Beach distills the best of beach living with outstanding architecture to serve up an unparalleled coastal experience. A huge resort-style pool, sand volleyball court, putting green and expansive outdoor deck keep the fun going beyond the beach. Indoor and outdoor kitchens - plus the family room kitchenette --create flexibility for the chef. The roof deck with stunning Gulf views is breath-taking. The half acre lot means plenty of room for the two-car garage plus driveway parking. Sold fully furnished and rental-ready. Continued .. Bourbon Beach is located in Gulf Pines, one of the most venerable neighborhoods along the beach. The deeded beach is private (access by key fob) and runs for hundreds of feet. The home can comfortably host 24 guests, with plentiful gathering spaces both inside and outside. In addition to 6 bedrooms, 3 flex rooms offer sleeping accommodations. Set on more than half an acre, the resort-style pool is one of the largest in the area.
While Whiskey Beach provides privacy, it is also close to shopping, dining and entertainment.
Professional photos, video coming soon.
Don't miss this opportunity to own one of the area's finest homes.
For sale
$5,000,000
111 Beach Dr E, Miramar Beach, FL 32550
6beds
5,900sqft
Single Family Residence
Built in 2020
0.52 Acres Lot
$-- Zestimate®
$847/sqft
$-- HOA
What's special
Huge resort-style poolPrivate beachExpansive outdoor deckHalf acre lotIndoor and outdoor kitchensPutting greenPrivate deeded beach access
- 476 days
- 557
- 24
Zillow last checked:
Listing updated:
Listed by:
Jennifer L Howard 850-585-7334,
Berkshire Hathaway Home Services PenFed Realty
Source: ECAOR,MLS#: 933835
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Bedroom
- Level: First
- Area: 164.7 Square Feet
- Dimensions: 12.11 x 13.6
Bedroom
- Level: First
- Area: 168.64 Square Feet
- Dimensions: 12.4 x 13.6
Bedroom
- Level: Third
- Area: 255 Square Feet
- Dimensions: 17 x 15
Bedroom
- Level: Third
- Area: 195 Square Feet
- Dimensions: 15 x 13
Den
- Level: Third
- Area: 378 Square Feet
- Dimensions: 21 x 18
Family room
- Description: game room, kitchenette
- Level: First
- Area: 740.25 Square Feet
- Dimensions: 22.5 x 32.9
Great room
- Level: Second
- Area: 820.15 Square Feet
- Dimensions: 22.6 x 36.3
Kitchen
- Level: Second
- Area: 451.36 Square Feet
- Dimensions: 21.7 x 20.8
Heating
- Natural Gas
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Tankless Water Heater
Features
- Owner's Closet, Elevator
- Flooring: Tile, Vinyl
- Windows: Window Treatments
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,900
- Total interior livable area: 5,900 sqft
Property
Parking
- Total spaces: 7
- Parking features: Garage Door Opener, Guest
- Attached garage spaces: 2
Features
- Stories: 3
- Patio & porch: Covered, Porch
- Exterior features: Balcony, Private Yard, Outdoor Shower, Separate Living Area
- Pool features: Heated
- Has spa: Yes
- Spa features: Heated
- Fencing: Full
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 0.52 Acres
- Dimensions: 110 x 185 x 108 x 239.5
- Features: Covenants, Flood Insurance Req, Within 1/2 Mile to Water
Details
- Parcel number: 342S21420800090070
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 2020
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Beach, Deed Access, Waterfront
- Subdivision: GULF PINES 2ND ADDN
HOA
- Has HOA: Yes
- Services included: Legal, Management, Recreational Faclty
Location
- Region: Miramar Beach
Financial & listing details
- Price per square foot: $847/sqft
- Tax assessed value: $3,851,131
- Annual tax amount: $31,074
- Date on market: 5/14/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2025 | Price change | $5,000,000-9.1%$847/sqft |
Source:  ECAOR #933835 Report a problem | ||
| 5/14/2025 | Listed for sale | $5,500,000$932/sqft |
Source: ECAOR #933835 Report a problem | ||
| 3/17/2025 | Listing removed | $5,500,000$932/sqft |
Source: ECAOR #933835 Report a problem | ||
| 10/18/2023 | Listed for sale | $5,500,000+669.2%$932/sqft |
Source: ECAOR #933835 Report a problem | ||
| 8/1/2018 | Sold | $715,000+49%$121/sqft |
Source: Public Record Report a problem | ||
| 5/8/2018 | Sold | $480,000+375.2%$81/sqft |
Source: Public Record Report a problem | ||
| 1/6/2015 | Sold | $101,000-68.9%$17/sqft |
Source: Public Record Report a problem | ||
| 12/17/2012 | Sold | $325,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $33,560 +9.3% | $3,591,893 +10% |
| 2024 | $30,715 -0.5% | $3,265,357 +10% |
| 2023 | $30,882 -0.6% | $2,968,506 +10% |
| 2022 | $31,075 +24.1% | $2,698,642 +10% |
| 2021 | $25,034 +388.8% | $2,453,311 +534.4% |
| 2020 | $5,122 +46.7% | $386,695 +10% |
| 2019 | $3,491 | $351,541 +4% |
| 2018 | $3,491 +3.6% | $338,021 +3% |
| 2017 | $3,370 +3.6% | $328,175 +4% |
| 2016 | $3,253 +3% | $315,553 +7% |
| 2015 | $3,158 +5.3% | $294,910 +44.3% |
| 2014 | $2,998 | $204,316 |
| 2013 | -- | $204,316 +40% |
| 2012 | -- | $145,940 -5% |
| 2011 | -- | $153,621 -10% |
| 2010 | -- | $170,690 -30% |
| 2009 | -- | $243,843 -27.8% |
| 2008 | -- | $337,500 -10% |
| 2007 | -- | $375,000 +76.2% |
| 2005 | -- | $212,850 +10% |
| 2004 | -- | $193,500 +49.5% |
| 2003 | -- | $129,470 |
| 2002 | -- | $129,470 |
| 2001 | -- | $129,470 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32550
Nearby schools
Schools provided by the listing agent
- Elementary: Van R Butler
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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