Skip main navigation
Sold for $2,000,000
  • $2,000,000

    56 Payne St, Miramar Beach, FL 32550

    --beds
    --baths
    1.25Acres
    Unimproved Land
    Built in ----
    1.25 Acres Lot
    $1,363,900 Zestimate®
    $--/sqft
    $5,094 Estimated rent

    Home value

    $1,363,900

    $1.04M - $1.72M

    $5,094/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $5,094/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $5,094/mo

    Rent Zestimate®

    Refinance and save

    $12,293/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $12,293/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Zoned for residential use
    DEVELOPERS ====>>> Prime Infill Development Opportunity – 1.25 Acres just one block from the sugar-white sands of the Gulf, this rare 1.25-acre parcel in Walton County (Miramar) offers an exceptional opportunity for infill development. Zoned for residential use and, per county guidance, likely eligible to be subdivided into up to eight buildable lots, this property is a dream for developers looking to capitalize on strong demand for coastal living. Per the seller, natural gas is available, allowing you to tap into those buyers who prefer to cook with gas, and sewer is available along Payne Street as well. Whether you envision a collection of luxury coastal homes, vacation rental cottages, or a private residential enclave, this parcel offers the size, location, and flexibility to bring your vision to life. With utilities nearby and favorable zoning, it’s a rare opportunity to build in one of the most desirable areas on the Emerald Coast. Ideally situated between the Gulf of Mexico and Choctawhatchee Bay, the location offers easy access to multiple public beach access points, boat launches, and bayfront parks. Nearby are top-tier shopping, dining, and entertainment options at Grand Boulevard, Destin Commons, and Silver Sands Premium Outlets. Scenic Highway 30A is just minutes away, with its boutique shops, art galleries, and charming beach towns. The Destin-Fort Walton Beach Airport (VPS) is also within easy reach, adding convenience for future residents and vacationers. ===>>Structures on the property, though believed to be in good condition, are given zero value.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bruce Baker 850-449-0365,

    RE/MAX INFINITY

    Bought with:

    Outside Area Selling Agent

    PAR Outside Area Listing Office

    Source: PAR,MLS#: 665304MLS Logo

    Facts & features

    Interior

    Features
    • Has basement: No

    Property

    Lot
    • Size: 1.25 Acres
    • Features: Interior Lot, Cleared
    • Topography: High/Dry,Level
    Details
    • Parcel number: 302s21422900000870
    • Zoning description: Res Single

    Utilities & green energy

    • Gas: See Remarks
    • Sewer: Tap Fee Due
    • Water: Public
    • Utilities for property: Natural Gas Connected, Sewer Available

    Community & neighborhood

    Location
    • Region: Miramar Beach
    • Subdivision: None

    Other

    Other facts
    • Price range: $2M - $2M
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/18/2025Sold$2,000,000-18.3%
    Source: PAR #665304 Report a problem
    6/18/2025Pending sale$2,447,000
    Source: PAR #665304 Report a problem
    6/6/2025Contingent$2,447,000
    Source: PAR #665304 Report a problem
    6/2/2025Listed for sale$2,447,000
    Source: PAR #665304 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,267 +3.1%$203,267 +2.9%
    2024$1,229 +5.1%$197,538 +3%
    2023$1,169 -1.4%$191,784 +3%
    2022$1,185 -1.1%$186,198 +3%
    2021$1,199 -14.8%$180,775 +1.4%
    2020$1,407 +3.5%$178,279 +2.3%
    2019$1,360 $174,271 +1.9%
    2018$1,360 +2%$171,022 +2.1%
    2017$1,333 +3.2%$167,504 +2.1%
    2016$1,292 +1.6%$164,059 +0.7%
    2015$1,271 -0.8%$162,919 +0.8%
    2014$1,282 $161,626 +1.5%
    2013-- $159,237 +1.7%
    2012-- $156,575 +0.6%
    2011-- $155,605 +1.5%
    2010-- $153,358 +2.6%
    2009-- $149,421 +0.1%
    2008-- $149,275 +2.9%
    2007-- $145,032 +2.8%
    2005-- $141,059 +2.8%
    2004-- $137,160 -26.6%
    2003-- $186,740 +42.5%
    2002-- $131,044 +1.5%
    2001-- $129,088

    Find assessor info on the county website

    Neighborhood: 32550

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Local School In County
    • Middle: LOCAL SCHOOL IN COUNTY
    • High: Local School In County

    Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.