About This Home
This 2-bedroom, 2-bathroom condo at 1952 Scenic Gulf Drive #107 in Miramar Beach, FL is listed for $520,000 ($543 per sqft). Built in 2002, the home offers 958 sqft of living space on a N/A lot.
Key Features
- Built in 2002
- 4 stories
Property Details
Amenities
Unit 107 Emerald Waters is located on Scenic Gulf Dr in the Frangista Beach area of Miramar Beach. This 2BR, 2BA is conveniently located on the first-floor -- meaning no need to ever wait on elevators. Park near your unit and enjoy easy access from the condominium to the open balcony.
The kitchen features granite countertops, custom tile-backsplash, under-cabinet lighting, stainless steel appliances, and pendant lights over the breakfast bar. The primary suite includes an updated bathroom with a tiled walk-in shower and double-sink vanity.
Notable details include 9-foot ceilings, crown molding, updated lighting & plumbing fixtures, tile plank flooring throughout the main living areas and both bedrooms, and a brand-new HVAC system. The laundry room is equipped with a FULL-SIZED washer and dryer.
The guest bedroom is designed for maximum versatility, featuring shiplap accent walls and custom built-in twin-over-king bunks that provide additional sleeping space without sacrificing comfort. The adjoining guest bath offers a tub/shower combo, tile surrounded with a sliding glass enclosure.
Step outside to a covered porch and grassy area, perfect for enjoying the gulf breeze or providing convenient outdoor space for pets. Emerald Waters is a low-density, 36-unit complex with a pool, hot tub, grilling area, ample parking, and professionally maintained grounds.
The seller anticipates $33K in gross rental revenue for 2026. The community improvements that have already been completed and funded, including a new roof, structural columns, exterior re-painting, and updated exterior lighting. Scenic Gulf Drive is a top southwest Walton County destination.
Emerald Waters is convenient to the beach, restaurants, a coffeehouse with Wi-Fi, and a short drive to Miramar Beach destinations. This turnkey condo offers an exceptional combination of location, convenience, and revenue stream potential.
Monthly Cost Estimate
$3,714/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1952 Scenic Gulf Drive #107
Miramar Beach, FL 32550
EMERALD WATERS
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Outdoor Features
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom condo at 1952 Scenic Gulf Drive is listed at $520,000 ($543/sqft). The estimated monthly payment is $3,714 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $933/month.
Key features include: Built in 2002, 4 stories. Interior Features: Breakfast Bar, Ceiling Crwn Molding, Owner's Closet.
This property is listed by Janette A Klein and can be reached at 8505857872.








