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For sale
    • Price cut: $100K (5/26)
    $2,399,000

    20 Saint Francis Dr S, Miramar Beach, FL 32550

    5beds
    3,489sqft
    : 
    $13,862/mo
    Get pre-qualified
    Single Family Residence
    Built in 1999
    3,484 Square Feet Lot
    $2,244,100 Zestimate®
    $688/sqft
    $-- HOA

    What's special

    Private beach accessBeautifully renovated three-story homeNew metal roofCustom italian glass cabinetryPremium waterproofing systemsStunning white oak staircaseImported materials
    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.
    178 days
    |
    129
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kendra R Sheikho 315-405-6744,

    Coldwell Banker Realty,

    Terry J Pilcher 850-865-2541,

    Merrifield & Pilcher Realty

    Source: ECAOR,MLS#: 981954MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      Primary bedroom
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 12 x 11
      Primary bedroom
      • Level: Second
      • Area: 117 Square Feet
      • Dimensions: 13 x 9
      Primary bathroom
      • Level: Third
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Bonus room
      • Level: Third
      • Area: 190 Square Feet
      • Dimensions: 19 x 10
      Dining room
      • Level: Second
      • Area: 168 Square Feet
      • Dimensions: 14 x 12
      Kitchen
      • Level: First
      • Area: 80 Square Feet
      • Dimensions: 10 x 8
      Kitchen
      • Level: Second
      • Area: 90 Square Feet
      • Dimensions: 15 x 6
      Kitchen
      • Level: Second
      • Area: 220 Square Feet
      • Dimensions: 20 x 11
      Living room
      • Level: Second
      • Area: 374 Square Feet
      • Dimensions: 22 x 17
      Living room
      • Level: Third
      • Area: 143 Square Feet
      • Dimensions: 13 x 11
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Cooktop, Dishwasher, Microwave, Refrigerator
      Features
      • Breakfast Bar, Kitchen Island, Newly Painted, Pantry
      • Flooring: Marble, Tile, Vinyl
      • Windows: Window Treatments
      • Has fireplace: Yes
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,489
      • Total interior livable area: 3,489 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Stories: 3
      • Patio & porch: Covered, Deck
      • Exterior features: Balcony, Private Yard
      • Fencing: Partial,Privacy
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      Lot
      • Size: 3,484 Square Feet
      • Features: Covenants, Restrictions, Within 1/2 Mile to Water
      Details
      • Parcel number: 292S21429700000640
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco
      • Foundation: Slab
      • Roof: Slate
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 1999

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Beach, Deed Access, Gated, Pool, TV Cable, Short Term Rental - Allowed
      • Subdivision: EMERALD WATERS VILLAGE
      HOA
      • Has HOA: Yes
      • Services included: Management
      Location
      • Region: Miramar Beach

      Financial & listing details

      • Price per square foot: $688/sqft
      • Tax assessed value: $1,096,771
      • Annual tax amount: $10,976
      • Date on market: 2/1/2026

        Estimated market value

        $2,244,100

        $2.13M - $2.36M

        $7,431/mo

        Price history

        DateEventPrice
        5/26/2026Price change$2,399,000-4%$688/sqft
        Source: ECAOR #981954 Report a problem
        2/1/2026Listed for sale$2,499,000-5.7%$716/sqft
        Source: ECAOR #981954 Report a problem
        1/8/2026Listing removed$2,649,000$759/sqft
        Source: ECAOR #981954 Report a problem
        11/21/2025Price change$2,649,000-3.7%$759/sqft
        Source: ECAOR #981954 Report a problem
        7/29/2025Listed for sale$2,750,000+235.4%$788/sqft
        Source: ECAOR #981954 Report a problem
        7/26/2021Sold$820,000+3.1%$235/sqft
        Source: ECAOR #872632 Report a problem
        4/21/2020Listing removed$795,000$228/sqft
        Source: Berkshire Hathaway Home Services PenFed Realty #815045 Report a problem
        2/18/2020Price change$795,000-1.7%$228/sqft
        Source: Berkshire Hathaway Home Services PenFed Realty #815045 Report a problem
        1/31/2020Price change$809,000-1.8%$232/sqft
        Source: Berkshire Hathaway Home Services PenFed Realty #815045 Report a problem
        12/30/2019Price change$824,000-0.6%$236/sqft
        Source: Berkshire Hathaway Home Services PenFed Realty #815045 Report a problem
        10/27/2019Listed for sale$829,000$238/sqft
        Source: Berkshire Hathaway HomeServices PenFed Realty #815045 Report a problem
        8/22/2019Listing removed$829,000$238/sqft
        Source: Berkshire Hathaway HomeServices PenFed Realty #815045 Report a problem
        6/25/2019Price change$829,000-2.4%$238/sqft
        Source: Berkshire Hathaway Home Services Penfed Realty #815045 Report a problem
        5/17/2019Price change$849,000-2.3%$243/sqft
        Source: Berkshire Hathaway Home Services Penfed Realty #815045 Report a problem
        4/4/2019Price change$869,000-0.6%$249/sqft
        Source: Berkshire Hathaway Home Services Penfed Realty #815045 Report a problem
        2/10/2019Price change$874,000-4.5%$251/sqft
        Source: Berkshire Hathaway Home Services Penfed Realty #815045 Report a problem
        1/30/2019Price change$915,000+19.2%$262/sqft
        Source: Berkshire Hathaway Home Services Penfed Realty #815045 Report a problem
        11/1/2018Price change$767,580-3.8%$220/sqft
        Source: Realjoy Properties #803091 Report a problem
        8/25/2018Price change$798,000-0.1%$229/sqft
        Source: Realjoy Properties #803091 Report a problem
        7/13/2018Price change$799,000-6%$229/sqft
        Source: Owner Report a problem
        6/14/2018Price change$849,900-5.5%$244/sqft
        Source: Keller Williams Emerald Coast Realty #796849 Report a problem
        5/4/2018Listed for sale$899,333+12.6%$258/sqft
        Source: Keller Williams Emerald Coast Realty #796849 Report a problem
        1/10/2017Listing removed$799,000$229/sqft
        Source: Resortquest Real Estate #756256 Report a problem
        7/5/2016Listed for sale$799,000+36.6%$229/sqft
        Source: Resortquest Real Estate #756256 Report a problem
        7/29/2013Sold$585,000-0.8%$168/sqft
        Source: Public Record Report a problem
        6/27/2013Listed for sale$590,000$169/sqft
        Source: Resortquest Real Estate Of Florida Llc #588809 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,910 -13.3%$1,096,771 -8.8%
        2024$11,434 +3.3%$1,202,868 +11.1%
        2023$11,065 +21.3%$1,082,911 +10%
        2022$9,123 +31.9%$984,465 +42.5%
        2021$6,919 +10.2%$690,885 +10%
        2020$6,277 +6.5%$628,077 +10%
        2019$5,894 $570,979 -4.6%
        2018$5,894 +5.7%$598,698 +26.9%
        2017$5,579 +19.3%$471,884 +2.8%
        2016$4,677 +1.8%$459,130 +38%
        2015$4,594 +35.9%$332,619 -24%
        2014$3,381 $437,749 +3.2%
        2013-- $424,227 -1.9%
        2012-- $432,230 -1.2%
        2011-- $437,480 -3.1%
        2010-- $451,609 +42.7%
        2009-- $316,549 +0.1%
        2008-- $316,233 +3%
        2007-- $307,022 +5.6%
        2005-- $290,810 +3%
        2004-- $282,340 +1.9%
        2003-- $277,076 +2.4%
        2002-- $270,582 +1.6%
        2001-- $266,321
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32550

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Van R Butler
        • Middle: Destin
        • High: Freeport

        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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