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Multifamily Townhome with Lake Patio
For Sale
$550,000

5163 Beachwalk Drive, Miramar Beach, FL 32550

MULTI_FAMILY - Other - Miramar Beach, FL

Property Size1,256 SF
Lot Size0.03 Acres
Price / SF$437.90
Days on Market97

Property Features for 5163 Beachwalk Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Resid Multi-Family
Bedrooms 2
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 2
Window features Plantation Shutters
Patio and Porch features Patio
Interior features Ceiling Crwn Molding
Appliances Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Subdivision BEACHWALK T/H
Lot features Covenants
View Lake
Elementary school Van R Butler
Middle school Emerald Coast
High school South Walton
Directions From Hwy 98, turn south through the beach gate of the Sandestin Golf & Beach Resort. Go through the security gate and take the first right into Beachwalk Villas. Follow Beachwalk Dr and 5163 will be about 2/10ths of a mile on the left.
Standard status Active
APN 34-2S-21-42350-000-5163
Size 1,256 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 5163 BEACHWALK VILLAS PHASE VI & INT IN COMMON ELEMENTS AS RECD IN PB 7-4 OR 336-288 OR 1909-10 OR 2332-1315
Tax Annual Amount 4184
HOA Fee $582 Monthly
Legal Description LOT 5163 BEACHWALK VILLAS PHASE VI & INT IN COMMON ELEMENTS AS RECD IN PB 7-4 OR 336-288 OR 1909-10 OR 2332-1315

Utilities

Heating system Central
Cooling system Central Air
Water front features Lake
Water front 1

Building Details

Year built 1985
Floors in Building 2
Building materials Frame, Trim Wood
Architectural style Other
Listing Agency: Platinum Realty LLC
Listed By: Ginger J Lundstrom · License #499352
Added: May 8 Changed: Aug 2 Last Checked: Aug 12 at 7:06PM
MLS# 1002657

Copyright © 2026 Emerald Coast 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.

Beachwalk townhome at 5163 Beachwalk Drive offers 1,256 square feet of living space on a 0.03-acre lot, built in 1985. The home includes a patio, central heating, and central air. Interior details include ceiling crown molding, plantation shutters, and upgraded two-panel doors with stylish hardware.

The kitchen is equipped with stainless steel appliances and features upgraded cabinets, quartz countertops, and two bar seating areas. Bathrooms include fully tiled walls with decorative accent bands, custom vanities with granite tops, and sleek undermount sinks.

Outside, the patio overlooks Horseshoe Lake beneath a live oak’s shade, with the home also incorporating lakefront views through its listed waterfront feature. Appliances included are a dishwasher, disposal, dryer, microwave, refrigerator, electric stove/oven, washer, and an electric water heater.

Key Highlights

  • Patio with Horseshoe Lake views beneath a live oak
  • Lakefront feature and scenic outdoor living on‑site patio
  • 1,256 SF townhome on a 0.03‑acre lot

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

393
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?
Multifamily property - Well-updated townhome with a patio and Horseshoe Lake views, featuring central heat and central air.
Where is this multifamily property located?
The property is located at 5163 Beachwalk Drive Miramar Beach, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Patio with Horseshoe Lake views beneath a live oak; Lakefront feature and scenic outdoor living on‑site patio; 1,256 SF townhome on a 0.03‑acre lot
More about this property
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