Coastal Luxury Meets Prime Location. Welcome to your slice of paradise in the exclusive gated community of The Villas of Frangista Beach. This extra-large .26-acre buildable lot is perfectly positioned on a quiet, low-traffic cul-de-sac, offering privacy & tranquility just a short walk from the sugar-white sand & turquoise waters of the Gulf. Whether you're envisioning a primary home, beach retreat, or high-performing investment property, this high-elevation homesite provides the ideal canvas--w/no build-out time & prelim house plans included to jumpstart your vision. Enjoy the charm of pavered streets, comm pool & clubhouse & low HOA fees. You're just a short stroll from cafés, shopping & championship golf courses-- everything you need to embrace the Emerald Cst lifestyle at its fines
Lot/land
$449,000
55 Shelleys Way, Miramar Beach, FL 32550
--beds
0baths
0.26Acres
Unimproved Land
Built in ----
0.26 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High-elevation homesite
- 4 days |
- 28 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Karen K Martineau 850-499-6930,
RE/MAX Coastal Properties
Source: ECAOR,MLS#: 988463
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 0.26 Acres
- Dimensions: 42 x 204 x 150 x 113
- Features: Covenants, Cul-De-Sac, Irregular Lot, Within 1/2 Mile to Water, Wooded
Details
- Parcel number: 292S214206000A0310
- Zoning description: Resid Single Family
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Community Room, Gated, Pool, Short Term Rental - Allowed
- Subdivision: FRANGISTA BEACH
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Legal, Recreational Faclty
Location
- Region: Miramar Beach
Financial & listing details
- Tax assessed value: $440,000
- Annual tax amount: $2,858
- Date on market: 8/13/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $449,000 |
Source:  ECAOR #988463 Report a problem | ||
| 5/22/2026 | Listing removed | $449,000 |
Source: ECAOR #988463 Report a problem | ||
| 3/17/2026 | Price change | $449,000-21.9% |
Source: ECAOR #988463 Report a problem | ||
| 2/6/2026 | Price change | $574,960-4.2% |
Source: ECAOR #988463 Report a problem | ||
| 1/2/2026 | Price change | $599,900-7.6% |
Source: ECAOR #988463 Report a problem | ||
| 10/28/2025 | Listed for sale | $649,000+299.4% |
Source: ECAOR #988463 Report a problem | ||
| 3/2/2020 | Sold | $162,500+31% |
Source: Public Record Report a problem | ||
| 7/6/2018 | Sold | $124,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,858 -5.7% | $205,982 +10% |
| 2024 | $3,030 +3.5% | $187,256 +10% |
| 2023 | $2,928 +93.9% | $170,233 +10% |
| 2022 | $1,510 +10.9% | $154,757 +10% |
| 2021 | $1,362 +16.6% | $140,688 +20.2% |
| 2020 | $1,168 +4.5% | $117,010 +4% |
| 2019 | $1,117 | $112,510 +25.3% |
| 2018 | $1,117 +52.9% | $89,796 +3% |
| 2017 | $731 +5.8% | $87,180 +9.2% |
| 2016 | $691 +8.2% | $79,835 +1.6% |
| 2015 | $638 +2.4% | $78,540 +10% |
| 2014 | $624 | $71,400 +94.3% |
| 2013 | -- | $36,750 |
| 2012 | -- | $36,750 +27.3% |
| 2011 | -- | $28,875 -67.3% |
| 2010 | -- | $88,200 -30% |
| 2009 | -- | $126,000 -31.6% |
| 2008 | -- | $184,275 +131.6% |
| 2007 | -- | $79,581 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32550
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 7.1 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 15.8 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 11.7 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
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