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Four-Unit Property with Private Pool
New
For Sale
$3,200,000

1656 Scenic Gulf Drive, Miramar Beach, FL 32550

Residential, Miramar Beach, FL

Property Size5,040 SF
Lot Size0.13 Acres
Price / SF$634.92
Days on Market2

Property Features for 1656 Scenic Gulf Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 8
Bathrooms 8
Full bathrooms 6
Half bathrooms 2
Rooms Dining Room, Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 7, Bedroom 2, Bathroom 4, Bathroom 7, Bathroom 8, Bathroom 2, Bathroom 5, Bedroom 4, Bedroom 8, Bedroom 6, Bathroom 3
Patio and Porch features Patio, Porch
Pool private 1
Interior features Balcony, InteriorSteps, MainLevelPrimary, ShowerOnly
Exterior features Patio, RainGutters
Appliances ElectricRange, ElectricWaterHeater
Subdivision Warren Heights
Lot features Sprinkler System, Paved
Directions Head east on Scenic Gulf Drive. The property is located on the north side of the road, directly across from the beach
Standard status Active
APN 32-2S-21-42260-000-0221
Size 5,040 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 22 LYING N OF US HWY #98 WARREN HEIGHTS S/D IN PB 2-38 IN SEC 32-2S-21W OR 84-529 OR 2294-445 OR 2628-1730 OR 2658-4481 OR 2813-1916 OR 2822-1813 OR 3040-3022 OR 3090-1484 OR 3172-174
Tax Annual Amount 6605
Legal Description LOT 22 LYING N OF US HWY #98 WARREN HEIGHTS S/D IN PB 2-38 IN SEC 32-2S-21W OR 84-529 OR 2294-445 OR 2628-1730 OR 2658-4481 OR 2813-1916 OR 2822-1813 OR 3040-3022 OR 3090-1484 OR 3172-174

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Multi Units, Ceiling Fan(s), Central Air

Amenities

private pool

Building Details

Year built 1984
Floors in Building 3
Number of units 2
Building materials Stucco, WoodFrame
Roof type Metal
Architectural style Other
Listing Agency: Counts Real Estate Group Inc
Listed By: Tiffani Harnish
Added: Aug 20 Last Checked: Aug 21 at 7:06AM
MLS# 794371

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,040-square-foot quadplex, built in 1984, contains four residential units: two configured with two bedrooms and 1.5 baths, plus two offering one bedroom and one bath. The property includes a private pool, patios, porches, balconies, central air, electric heating, and a metal roof. Public sewer serves the site, and the building uses stucco and wood-frame construction.

Set at 1656 Scenic Gulf Drive in Miramar Beach, the property is positioned across from the Gulf and near shopping, dining, and local attractions. The 0.13-acre parcel has no HOA fees. Its location and four-unit layout support both short-term rental and long-term residential use, as described in the property information.

Key Highlights

  • Four‑unit quadplex with two 2‑bedroom, 1.5‑bath units and two 1‑bedroom, 1‑bath units
  • 5,040 square feet on a 0.13‑acre parcel
  • Private pool with patios, porches, and balconies

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Computer & Electronic Repair Home Appliance Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

810
Businesses Nearby

Demographics for 32550, FL

7,828
Population
14,909
Households
0.5
Avg Household Size
58
Median Age
55%
College-Educated
98%
High-School Grad
7.0 sq mi
ZIP Area
1,118
Density / Sq Mi
$96,269
Median Household Income
$60,634
Median Earnings
$2,108
Median Rent
$679,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Unit mix combines two-bedroom and one-bedroom residences with private outdoor amenities and no HOA fees.
Where is this quadplex located?
The property is located at 1656 Scenic Gulf Drive Miramar Beach, FL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Four‑unit quadplex with two 2‑bedroom, 1.5‑bath units and two 1‑bedroom, 1‑bath units; 5,040 square feet on a 0.13‑acre parcel; Private pool with patios, porches, and balconies
More about this property
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