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238 N St Francis Dr Miramar Beach, FL 32550

For Sale
$1,595,000

Proven rental performer with a large outdoor oasis and community amenities.

Lot size:
0.13 Acres

Property Features for 238 N St Francis Dr

General Information

Lot size
0.13 Acres

Building Details

Year built
2005

Source: Newman Dailey Resort Properties

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Rental Powerhouse with Outdoor Oasis

This property, known as Solace Beach House, is a rental property with a proven performance history, generating over $120,000 in rental income year-to-date in 2025. It is situated on one of the largest lots in Emerald Waters and features a 1,500+ sq. ft. outdoor area with a new brick-paver patio, two gazebos, covered living and dining spaces, a hot tub, a fire pit, and a giant outdoor chess set. A private gated path leads to the community pool. The interior includes three private king suites, plus a third-floor game room and lounge with two bunk rooms. Located beside the community pool, the property offers convenient access to pool amenities. Emerald Waters is a gated community with a private walkway to deeded beach access and two community pools.
Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Miramar Beach
County
Walton
State
Florida
Longitude
-86.4958
Latitude
30.3934

FAQs

What type of property is this?
Short term rental property - Proven rental performer with a large outdoor oasis and community amenities.
Where is this short term rental property located?
The property is located at 238 N St Francis Dr Miramar Beach, FL.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: - Proven rental income: Over $120K in rental income year-to-date (2025).; - Enjoy the large outdoor oasis: 1,500+ sq. ft. with brick-paver patio, two gazebos, covered living/dining, hot tub, fire pit, and giant outdoor chess.; - Three king suites plus game room: Features three private king suites and a third-floor game room with two bunk rooms.
More about this property
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