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

4 stories
2 full
#107
2002

Amenities

A/C
Listing Description

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

Principal$376
Interest$2,253
Insurance$152
HOA$933

Estimates only. Actual payments may vary.

Location

1952 Scenic Gulf Drive #107

Miramar Beach, FL 32550

EMERALD WATERS

Features & Amenities

Interior Features

Breakfast BarCeiling Crwn MoldingOwner's ClosetPantrySplit BedroomWasher/Dryer HookupWoodwork Painted

Property Details

Flooring

Tile

Construction

Concrete Roof Pitched Stucco

Outdoor Features

PatioPorch

Heating

Central

Cooling

Central Air

Appliances

CooktopDishwasherDisposalMicrowaveOven Self CleaningRefrigeratorSmoke DetectorSmooth Stovetop RngeStove/Oven ElectricWasherWater Heater - Elect

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.

JK

Janette A Klein

License 577416

Agent at Scenic Stays Real Estate

(850) 585-7872
Agent website

Listed by Scenic Stays Real Estate · Broker phone: (850) 428-2360 · View on Broker Site · Broker website

MLS# 1012386· Source: Emerald Coast Association of Realtors· 10 days on PropertySimple

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.

1952 Scenic Gulf Drive #107, Miramar Beach, FL 32550

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