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10+ Acres 270' On Beach;extends To Hwy98 Cir, Miramar Beach, FL 32550
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Rare and irreplaceable generational estate now offered for sale! This incredible 10.78-acre private compound features 270' of unimpeded shoreline on the Gulf of Mexico in Miramar Beach, Florida! Designated ''Coastal Center'' under Walton County's F.L.U.M., this unique property could make an amazing trophy property for a discerning family, or it could present a variety of (re)development opportunities, perhaps to include a boutique hotel, condominiums, and single-family homes.The existing residence, known as Casa Lauren, is oriented on 135' of the total 270' beach-front expanse. Please inquire for further details. Showings are by advanced appointment only. Buyer(s) must verify the accuracy of all information and specifications. The subject offering includes (4) contiguous parcels.
  • Price:
  • $20,000,000
  • Acreage:
  • 10.78
  • Listing ID #:
  • 802123
  • Street Address:
  • 10+ Acres 270' On Beach;extends To Hwy98 Cir
  • City:
  • Miramar Beach
  • State:
  • Florida
  • Postal Code:
  • 32550
  • County:
  • Walton
  • Subdivision:
  • The Pennington Estate
  • Listing Status:
  • Pending
  • Conforms To Zoning:
  • Coastal Center
  • Lot Features:
  • Addl Land Available, Within 1/2 Mile To Water
  • Road Access:
  • Private Road
  • Property Taxes:
  • $83,928
  • Tax Year:
  • 2017
  • Waterfront Description:
  • Gulf
  • Waterfront Footage:
  • 270
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Somers & Company
  • ECAR
  • Schools information provided by ATTOM