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For sale
    • $10,000,000

    3218 Bay Estates Cir, Miramar Beach, FL 32550

    5beds
    7,020sqft
    : 
    $62,557/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    0.47 Acres Lot
    $-- Zestimate®
    $1,425/sqft
    $-- HOA

    What's special

    Kayak deckPrivate waterfront playgroundCommercial double burnerTwo chillersExterior perimeter security camerasCovered summer kitchenTwelve-foot ceilings
    Rare Bayfront Opportunity. Constructed with concrete and just 3 years young, this showpiece pairs resort-style amenities with a technology-forward, luxury interior and 112 feet of prime waterfront. Enjoy 7,020 sq ft of finished, heated/cooled space now, with an additional 2,955 sq ft pre-wired and plumbed for your ideal use and design. Inside, it's all about scale, light, and livability. Twelve-foot ceilings, 4'x2' tile throughout, double staircases crowned by chandeliers, and three sets of 9' sliding glass doors framing the bay. A chef's kitchen that actually cooks features Wolf and Electrolux Commercial appliances and touchless faucets. Entertain guests in your climate-controlled, glass-enclosed wine cellar capable of holding more than 1,000 bottles of wine. The primary suite brings hotel-level luxury with dual oversized closets and a 13'x7' spa shower (multiple shower heads, integrated speakers) and a free-standing tub. An oversized, storage-rich laundry room keeps life tidy. Whole-home conveniences include a central vacuum, security system with fire monitoring, full CCTV with motion detection, and a hidden concrete safe room with its own monitoring. Outdoor living is the headliner. A 1,435 sq ft 4-car garage anchors the motor court, while the covered summer kitchen brings the party: 42" commercial grill, commercial double burner, 60" Wolf hood with dual external vents, outdoor pizza oven (not built-in), 62" Arctic Air under-counter commercial refrigerator, NatureKast cabinetry, touchless faucet, wall-mounted Lava Aire fan/mister, Big Ass Fan, Hishizaki icemaker, and a 9'x4' island. Three remote screen enclosures open to a 50'x20' saltwater, ozone-filtered pool with water features, a 13'x16' spa with swim-in-place jet, commercial gas heater, two chillers, five in-pool barstools facing the bay, LED lighting, ten gas lanterns, a built-in fire pit, lounge seating (6 patio loungers + 2 pool loungers), two 70" outdoor TVs, Bose + Sonos audio, and a large storage room. Your private waterfront playground. An oversized dock built with flow-through decking is specked for a future boat lift and includes a kayak deck, two 360-degree jet ski lifts, three ladder access points, perimeter uplighting, and full utilities--power, water, internet, and cameras--right on the dock. For added peace of mind, this home also features exterior perimeter security cameras, alarm system with fire monitoring, a solid concrete hidden safe room with CCTV camera systems, a cell tower, and a 48 KW Generac generator.
    147 days
    986
    53

    Zillow last checked:

    Listing updated:

    Listed by:

    Tresha A Brown 850-585-6695,

    LPT Realty LLC

    Source: ECAOR,MLS#: 1000082MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 8
      • Full bathrooms: 5
      • 1/2 bathrooms: 3
      Primary bedroom
      • Level: First
      • Area: 320 Square Feet
      • Dimensions: 20 x 16
      Bedroom
      • Level: First
      • Area: 180 Square Feet
      • Dimensions: 15 x 12
      Bedroom
      • Description: Gym
      • Level: First
      • Area: 240 Square Feet
      • Dimensions: 20 x 12
      Bedroom
      • Level: Second
      • Area: 340 Square Feet
      • Dimensions: 17 x 20
      Bedroom
      • Level: Second
      • Area: 340 Square Feet
      • Dimensions: 17 x 20
      Primary bathroom
      • Level: First
      • Area: 180 Square Feet
      • Dimensions: 15 x 12
      Kitchen
      • Level: First
      • Area: 360 Square Feet
      • Dimensions: 24 x 15
      Kitchen
      • Description: Kitchenette
      • Level: Second
      • Area: 165 Square Feet
      • Dimensions: 15 x 11
      Living room
      • Level: First
      • Area: 816 Square Feet
      • Dimensions: 24 x 34
      Media room
      • Level: Second
      • Area: 374 Square Feet
      • Dimensions: 17 x 22
      Office
      • Level: Second
      • Area: 190 Square Feet
      • Dimensions: 19 x 10
      Play room
      • Level: Second
      • Area: 400 Square Feet
      • Dimensions: 40 x 10
      Heating
      • Natural Gas
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Double Oven, Tankless Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Central Vacuum, Bookcases, In-Law Floorplan, Kitchen Island, Recessed Lighting, Pantry, Split Bedroom
      • Flooring: Tile
      • Windows: Plantation Shutters, Window Treatments
      • Has fireplace: Yes
      • Fireplace features: EPA Qualified Fireplace
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 7,020
      • Total interior livable area: 7,020 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage - Attached
      • Attached garage spaces: 4
      Features
      • Stories: 2
      • Patio & porch: Covered
      • Exterior features: Balcony, Boat Slip, Dock, Sprinkler System, Separate Living Area, Outdoor Kitchen
      • Pool features: Heated, In Ground
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: Partial
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Bay, Seawall
      Lot
      • Size: 0.47 Acres
      • Dimensions: 112 x 206
      • Features: Covenants, Flood Insurance Req, See Remarks, Survey Available, Within 1/2 Mile to Water
      Details
      • Additional structures: Guest House
      • Parcel number: 232S214211000B0040
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Concrete, ICFs (Insulated Concrete Forms), Stucco
      • Roof: Slate
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Dock, Fishing, Gated, Golf, Marina, Playground, Pool, TV Cable, Tennis Court(s), Waterfront, Pickleball
      • Security: Security System
      • Subdivision: BURNT PINE
      HOA
      • Has HOA: Yes
      • Services included: Management, Recreational Faclty, Security, Cable TV, Trash
      Location
      • Region: Miramar Beach

      Financial & listing details

      • Price per square foot: $1,425/sqft
      • Tax assessed value: $4,705,448
      • Annual tax amount: $42,168
      • Date on market: 4/8/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/8/2026Listed for sale$10,000,000-9.1%$1,425/sqft
        Source: ECAOR #1000082 Report a problem
        11/13/2025Listing removed$10,999,000$1,567/sqft
        Source: ECAOR #987361 Report a problem
        10/11/2025Listed for sale$10,999,000+492.9%$1,567/sqft
        Source: ECAOR #987361 Report a problem
        8/26/2020Sold$1,855,000-1.1%$264/sqft
        Source: ECAOR #836054 Report a problem
        11/27/2019Listed for sale$1,875,000+21%$267/sqft
        Source: Paradise Property Brokers Inc #836054 Report a problem
        10/19/2018Sold$1,550,000-13.6%$221/sqft
        Source: Public Record Report a problem
        7/9/2018Listed for sale$1,795,000+49.6%$256/sqft
        Source: Southern Beach Real Estate #802113 Report a problem
        11/12/2015Sold$1,200,000-13%$171/sqft
        Source: Agent Provided Report a problem
        9/17/2015Price change$1,379,000-1.5%$196/sqft
        Source: Berkshire Hathaway HomeService #726592 Report a problem
        8/24/2015Price change$1,399,500-17.7%$199/sqft
        Source: Berkshire Hathaway HomeServices PenFed Realty #726592 Report a problem
        6/18/2015Price change$1,699,900-2.9%$242/sqft
        Source: Berkshire Hathaway HomeServices PenFed Realty #726592 Report a problem
        4/3/2015Listed for sale$1,750,000$249/sqft
        Source: Berkshire Hathaway HomeServices PenFed Realty #726592 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$42,168 -7.8%$4,705,448 -6.7%
        2024$45,714 +232%$5,042,867 +232.8%
        2023$13,770 -9.9%$1,515,437 -6.4%
        2022$15,277 +7.3%$1,618,492 +10%
        2021$14,242 +44.6%$1,471,356 +49.1%
        2020$9,851 +4.5%$986,818 +4%
        2019$9,424 $948,940 -32.9%
        2018$9,424 -33.2%$1,414,253 +1.7%
        2017$14,102 +2.3%$1,390,421 +2.5%
        2016$13,781 +1.6%$1,355,952 +7.2%
        2015$13,568 +8.7%$1,265,306 +0.8%
        2014$12,487 $1,255,264 -0.6%
        2013-- $1,263,384 -0.6%
        2012-- $1,271,504 -4.3%
        2011-- $1,329,124 -2.4%
        2010-- $1,361,458 -8.4%
        2009-- $1,486,361 -17.2%
        2008-- $1,795,066 -7.4%
        2007-- $1,938,687 +10.2%
        2005-- $1,758,552 +33.6%
        2004-- $1,315,842 +38.6%
        2003-- $949,298 +6.6%
        2002-- $890,322 +1.6%
        2001-- $876,257
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 32550

        Getting around

        2 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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