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For salePrice cut: $51K (6/22)
$999,000
4beds
2,522sqft

50 Walton Dr, Miramar Beach, FL 32550

4beds
2,522sqft
Single family residence
Built in 2015
4,791 sqft
2 Garage spaces
$396 price/sqft

What's special

Secure gated settingExpansive islandPrivate patioGuest bedroomGated coastal homeQuartz countertopsLarge backyard

Gated Coastal STR in Frangista Beach | Miramar Beach | Deeded Beach Access | Pool | Emerald Coast This gated coastal home in Frangista Beach, located in Miramar Beach along the Emerald Coast, is an active short-term rental offering strong appeal with 4 bedrooms, 3 bathrooms, a large backyard with space for a private pool, deeded beach access, shopping and dining just minutes away, and a community resort-style pool. Designed for both personal enjoyment and rental use, the property supports a relaxed coastal lifestyle with seamless access to the Gulf, resort-style amenities, and nearby conveniences. The home combines a desirable rental location with a functional layout, refined finishes, and seamless indoor-outdoor living within one of the area's most sought after beach communities. Upon entry, a radiant grand foyer sets the tone, with immediate access to a guest bedroom and full bathroom on the right, a small seating area to the left, and a large under stair storage space maximizing functionality. The main hallway opens into a spacious dining area and living room, complemented by a beautifully designed kitchen featuring quartz countertops, an expansive island, stainless steel appliances, vent hood, and a decorative crackle-glazed tile backsplash. The living area flows directly to a private patio, creating an ideal setting for entertaining or relaxing. Upstairs, a versatile loft-style seating area with TV provides a secondary living space, well-suited for gathering, media use, or additional lounge space. The light-filled primary suite is positioned for privacy and features private balcony access, a large walk-in closet, and a well-appointed bathroom with dual vanities and an enclosed shower. Down the hall, two additional guest bedrooms each offer direct access to a large shared balcony, enhancing the home's outdoor living appeal and providing additional space for morning coffee, evening relaxation, or hosting guests with privacy and comfort. Outdoor features include an extended balcony and an expansive fenced-in backyard, providing ample space for recreation, pets, or future enhancements. Residents enjoy access to a private resort-style pool along with deeded beach access, supporting a true coastal lifestyle with convenient opportunities for daily beach access, poolside relaxation, and outdoor entertaining within a secure gated setting. Ideal as a primary residence, second home, or investment property, this home combines location, layout, and lifestyle in one of Miramar Beach's most desirable neighborhoods. 4 BR | 3 BA | Active STR | Miramar Beach | Frangista Beach | Gated Community | Deeded Beach Access | Community Pool | Balcony | Fenced Yard | Investment Opportunity | Emerald Coast

157 days
|
473
|
38
|
Source: ECAOR,MLS#: 999675MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Delawalla Group 850-225-9899,

Christies International Real Estate Emerald Coast

Source: ECAOR,MLS#: 999675MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
Primary bedroom
  • Level: Second
  • Area: 216 Square Feet
  • Dimensions: 16 x 13.5
Bedroom
  • Level: First
  • Area: 123.63 Square Feet
  • Dimensions: 11.5 x 10.75
Bedroom
  • Level: Second
  • Area: 132 Square Feet
  • Dimensions: 12 x 11
Bedroom
  • Level: Second
  • Area: 143 Square Feet
  • Dimensions: 13 x 11
Primary bathroom
  • Level: Second
  • Area: 108.5 Square Feet
  • Dimensions: 15.5 x 7
Bathroom
  • Level: First
  • Area: 29.75 Square Feet
  • Dimensions: 3.5 x 8.5
Bathroom
  • Level: Second
  • Area: 76 Square Feet
  • Dimensions: 10 x 7.6
Dining area
  • Level: First
  • Area: 75 Square Feet
  • Dimensions: 10 x 7.5
Kitchen
  • Level: First
  • Area: 216 Square Feet
  • Dimensions: 16 x 13.5
Living room
  • Level: First
  • Area: 189 Square Feet
  • Dimensions: 14 x 13.5
Heating
  • Central, Natural Gas
Cooling
  • Central Air, Ceiling Fan(s)
Appliances
  • Included: Dishwasher, Microwave, Range Hood, Tankless Water Heater
  • Laundry: Washer/Dryer Hookup
Features
  • Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Pantry
  • Flooring: Hardwood, Tile
  • Windows: Double Pane Windows
  • Furnished: Yes
  • Common walls with other units/homes: No Common Walls
Interior area
  • Total structure area: 2,522
  • Total interior livable area: 2,522 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 6
  • Parking features: Guest, Garage
  • Garage spaces: 2
Features
  • Stories: 2
  • Patio & porch: Covered, Porch
  • Exterior features: Balcony, Private Yard, Outdoor Shower, Sprinkler System
Lot
  • Size: 4,791 Square Feet
  • Dimensions: 50 x 90 x 50 x 90
  • Features: Covenants, Interior Lot, Restrictions, Within 1/2 Mile to Water
Details
  • Parcel number: 322S214205000H0050
  • Zoning description: Resid Single Family

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Beach House
  • Property subtype: Single Family Residence
Materials
  • Siding CmntFbrHrdBrd
  • Foundation: Slab
  • Roof: Metal
Condition
  • Construction Complete
  • New construction: No
  • Year built: 2015

Utilities & green energy

  • Water: Public

Community & HOA

Community
  • Features: Beach, Community Room, Deed Access, Gated, Pool, Short Term Rental - Allowed
  • Subdivision: FRANGISTA BEACH 2ND ADDN
HOA
  • Has HOA: Yes
  • Services included: Maintenance Grounds, Land Recreation, Recreational Faclty, Security
Location
  • Region: Miramar Beach

Financial & listing details

  • Price per square foot: $396/sqft
  • Tax assessed value: $1,067,447
  • Annual tax amount: $9,259
  • Date on market: 4/3/2026
  • Road surface type: Paved

Price history

DateEventPrice
6/22/2026Price change$999,000-4.9%$396/sqft
Source: ECAOR #999675 Report a problem
5/24/2026Price change$1,050,000-4.5%$416/sqft
Source: ECAOR #999675 Report a problem
4/3/2026Listed for sale$1,100,000-5.2%$436/sqft
Source: ECAOR #999675 Report a problem
3/2/2026Listing removed$1,160,500$460/sqft
Source: ECAOR #971011 Report a problem
12/12/2025Price change$1,160,500-3.2%$460/sqft
Source: ECAOR #971011 Report a problem
3/13/2025Listed for sale$1,199,000-7.7%$475/sqft
Source: ECAOR #971011 Report a problem
2/9/2025Listing removed$1,299,000$515/sqft
Source: Engel & Volkers #934169 Report a problem
1/7/2025Price change$1,299,000-5.1%$515/sqft
Source: ECAOR #934169 Report a problem
7/23/2024Price change$1,369,500-2.1%$543/sqft
Source: Engel & Volkers #934169 Report a problem
3/11/2024Price change$1,399,000-6.7%$555/sqft
Source: ECAOR #934169 Report a problem
10/9/2023Listed for sale$1,499,900+15.9%$595/sqft
Source: ECAOR #934169 Report a problem
3/29/2022Sold$1,294,000+0.4%$513/sqft
Source: Public Record Report a problem
2/7/2022Pending sale$1,289,000$511/sqft
Source: ECAOR #890031 Report a problem
2/4/2022Listed for sale$1,289,000+2932.9%$511/sqft
Source: ECAOR #890031 Report a problem
6/18/2012Sold$42,500+34.9%$17/sqft
Source: Public Record Report a problem
4/26/2010Sold$31,500$12/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$9,645 -13.8%$1,067,447 -12.9%
2024$11,193 -3%$1,225,350 -3.5%
2023$11,543 +33.2%$1,270,350 +30.5%
2022$8,668 +64.8%$973,490 +83.9%
2021$5,261 +9.5%$529,449 +10%
2020$4,805 +3.1%$481,317 +2.5%
2019$4,661 $469,373 +7.2%
2018$4,661 +6.7%$438,014 +1.9%
2017$4,367 +3.3%$429,718 +2.6%
2016$4,227 +5%$418,792 +386.9%
2015$4,026 +480.8%$86,020 +26.5%
2014$693 $68,000 +70%
2013-- $40,000
2012-- $40,000 +33.3%
2011-- $30,000 -68.4%
2010-- $95,000 -20.8%
2009-- $120,000 -31.6%
2008-- $175,500 -46%
2007-- $325,000 +52.9%
2005-- $212,500

Find assessor info on the county website

Monthly payment

Est. payment
$5,909/mo
Principal & interest
$5135
Property taxes
$774
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Estimated market value

$976,000

$927,000 - $1.02M

$7,964/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 32550

Nearby schools

Van R. Butler Elementary School
Grades K-57 miles
9/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
9/10
Emerald Coast Middle School
Grades 6-815.7 miles
8/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
8/10
South Walton High School
Grades 9-1211.6 miles
8/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
9/10
Student Progress Rating
7/10